Olympic Wealth Fund Javelin class 'B' November Fact sheet

1. JAVELIN GLOBAL Fund Fact Sheet Class B - November 2014
Cumulative performance % (in denominated currency)
1 month 3 months 1 year 3 years Since launch Launch date
CLASS B +5.41 +3.96 -2.23 - 98.83 January 2012
Calendar year performance % (in denominated currency)
2009 2010 2011 2012 2013 2014 YTD
CLASS B - - - -2.23 -7.14 119.00
Top five holdings (as at 30 November 2014)
Holdings Sector Region
Arch Financial Financial UK
State Street Corp Financial US
Blackstone Group Financial US
Goldman Sachs Financial US
GW Pharmaceuticals LC Healthcare US
0
50
100
150
200
250
CLASS B: Investment performance since
inception in January 2012
Minimum Subscription: USD 5,000
Subsequent Investment Minimum: USD 1,000
Bid Offer Spread: 5%
Annual Management Fee: 2%
Performance Fee: 25% (hurdle rate 3%)
Dealing Restriction: Experienced Investors
Asset Manager: Pathway Asset Management
Administrator: Trust Admin UK
Custodian: JP Morgan
Legal Advisor: Harneys Cayman
Auditors: PKF (Cayman) Ltd
Dealing/ Pricing: Monthly
Dealing Day: 1st day of the month
Launch Date: January 2012
Date: 30 November 2014
Denominated currency & NAV per unit: USD 200.43
SEDOL/ISIN code: KYG674931178
Fund details and data at a glance
Olympic Wealth Fund SPC
28%
26%24%
6%
6%
6%
4% Blackstone Group
Goldman Sachs Group Inc
State Street Corporation
Alibaba Group Holding Ltd
GW Pharmaceuticals
Suncor Energy Inc
Interactive Brokers Group Inc
Quoted Equity holdings Private Equity holdings
73%
27%
Arch Financial
Property
Portfolio Review
December was a testing month for the Fund. With volatile stock markets
and falling oil prices, the market rallies have presented us with a few good
buying and selling opportunities. We reduced some of our exposure to
the financial stocks capturing those gains and increased our exposure to
Suncor Energy (SU) and Alibaba Group Holding Limited (BABA).
Generally cheaper oil prices presented an attractive situation for the
consumer as, in the US, household energy costs, as a portion of disposable
income, have been reduced creating increased savings or boosting
consumer spending into the financial system.
For the oil companies it means further cost consolidations in order to
meet year end returns. Despite this we believe that continuing to hold our
positions in Suncor Energy Inc. (SU) through this unpredictable time will
place us at a strategic advantage to capitalize on future gains when oil
prices find their new medium.
The growth or inflation of the major economies will continue to fluctuate
on a monthly basis and it will be interesting to see the outcome of Russian
economic sanctions on the world.
Asset markets look fully valued across the board, it is hoped (and
expected) that the recent increase in volatility will continue and open up
investment opportunities. Debt and leverage levels have exceeded credit
levels of 2007 so that any sell offs are likely to be more erratic and perhaps
more exaggerated than we have seen during the last 3 years.
Overall the markets ended the year at all-time highs and the Javelin,
global, multi-asset class Fund is primed to benefit from those companies
providing consistent growth and attractive dividends in US dollar terms.
The Fund has acquired private equity in the UK. The equity is in Arch
Financial, a Chartered Wealth Management firm with Assets Under
Management of GBP 150M. The acquisition was at a deep discount to the
valuation which is reflected in the Fund price. Property has been sold in a
financial centre of the Caribbean and the proceeds are being used to buy
discounted property in the UK.
Olympic Wealth Fund SPC is an open-ended segregated portfolio company
incorporated in the Cayman Islands, registered number 252081.
Javelin Global is a cell company of the Olympic Wealth Company SPC.
Asset Manager: Pathway Asset Management
Direct Line: +44 (0) 203 755 3457
Dealing Fax: +44 (0) 207 170 4001
Email: enquiries@pathwayam.pro
Address: Winchester House
259-269 Old Marleybone Rd, London, NWI 5RA
This fact sheet and the information it contains has been produced by Olympic Wealth Management in conjunction
with the Fund Manager, Pathway Asset Management with the aim of providing information to current and prospective
investors to the Fund.
It should be noted that this fact sheet itself, does not represent an offering and should be read in conjunction with
the Fund’s Offering Memorandum which provides detailed information on the Fund including investment type,
investment strategy and leverage limits. Please note that past performance does not guarantee future payments and
that the value of the income derived from investments may fluctuate up or down and investors into the Fund may not
get back their original investment.
Further information regarding Javelin Global Emerging Markets SP Fund can be obtained from the Offering
Memorandum document available on our website: www.olympicwealth.com
Investment Objective
Javelin Global is designed for the more risk appreciative client and is a
global, muti-asset Fund.
The investment objective of the Fund is to provide capital appreciation over
the medium to long term investment cycles through an aggressive growth
investment style.
This involves the assets being invested in a combination of listed equity and
private equity holdings. Historically the Fund has had a focus on stocks in the
UK and the US but has now shifted to the global market where we believe
more opportunities exist with a broader mandate.
Disclaimer
Class B: Investment performance since inception in January 2012
0
50
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200
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CLASS A: Investment performance since
inception in July 2011
NAV (USD)