Question 1

What is the investment philosophy of the fund?

Accepted Answer

We are value investors. We take a medium to long-term view and buy into companies which are trading below their fair values. We realise the profit when the price reverts to the fair value. For a more detailed explanation of our philosophy, please refer to this presentation.
 
You can also find our other presentations and articles we've written in our Resources page.

Question 2

What and where do you invest in?

Accepted Answer

We invest in Asia Pacific equities, across different market capitalizations, geographies, and industries.

Question 3

What are the risks involved in equities?

Accepted Answer

As with investments in all securities, investing in equities can be risky. It is not uncommon to experience capital losses of more than 20% in a bear market. However, in the long run, we believe that equities are less risky than other securities. As stated in the book, Stocks for The Long Run (by Jeremy Siegel), during 1802–2001 in the United States, the worst 1-year return for stocks was -38.6%. However, for a holding period of 10 years, the worst performance for stocks was -4.1%; and for a holding period of 20 years, stocks have always been profitable.

Question 4

When should I invest?

Accepted Answer

We believe that the average investor does not have superior market timing ability. In this article, the firm shared its view as to why waiting for crash doesn’t pay.  Whenever you feel comfortable with Inclusif’s investment philosophy and the alignment of interests between Inclusif and its clients, it is probably a good time to invest in the fund.

Frequently asked questions

What is the investment philosophy of the fund?

What and where do you invest in?

What are the risks involved in equities?

When should I invest?