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20 Sep 2007

Asia Value Formula Fund Launched By SAM

Sensible Asset Management today announced the coming launch of the Asia Value Formula Fund. The new hedge fund aims to provide long-term capital growth over an investment horizon of 3 to 5 years, by investing primarily in the constituents of the MSCI Asia ex-Japan Index.

The aims are to outperform the MSCI Asia ex-Japan Index by applying the "Value Formula", an active, systematic and quantitative value based approach to identify undervalued securities comprising the index that will benefit from the upside correction between the market's short-term inefficiency and long-term efficiency.

With a minimum investment of $100,000 and a 5% management fee, the hedge fund aims for a launch date of October 15th of this year. Sensible Asset Management was founded in December 2004 with the aim of offering a broad range of products and solutions.