Performance

Monthly Net Returns* (%)

Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Fund YTD ETF YTD
2020 -3.6  -1.3  -13.0 5.9 -12.3 -8.7
2019 3.8  2.5  1.8  3.5  -3.7  3.2  1.4  -2.4 -1.5 1.8 0.0 3.4 14.2 16.5
2018 3.1  -1.9  -1.8 -0.9 -0.7  -5.2  -0.8  0.5  -1.0  -8.1  2.0  -2.3 -16.3  -13.4
2017 2 2.2 1.8 2.8 0.6 -0.2 0.0 -1.4 0.0  3.8  -2.1  0.4 10.2  31.0
2016 -7.7 -0.3 2.8 1.6 2.4 0.7 5.4 3.1 1.1 3.6 -1.3 0.1 11.4 6.9
2015 2.9 0.9 -0.1 5.2 0.4 -3.3 -3.9 -7.7 -0.5 3.2 -2.4 0.4 -5.5 -4.0
2014 -1 3.8 0.8 1.7 2.8 0.5 2.8 1 -1.1 -1.1 0.3 -0.6 10.3 7.9
2013 7.2 2 2.7 2.2 5.5 -4.6 0.6 -5.4 3.4 2.6 -0.3 0.2 16.5 4.9
2012 4.1 5.3 0.7 -0.6 -0.9 2 2.3 0.6 3.7 0.8 4.8 2.9 28.6 16.5
2011 -1.1 4.2 -2.4 1.1 1.7 -3.1
Inception to Date(2) (%) 63.4 66.1

 

Fund % ETF %
Inception to Date 63.4 66.1
2020 -12.3 -8.7
2019 14.2 16.5
2018 -16.3 -13.4
2017 10.2 31.0
2016 11.4 6.9
2015 -5.5 -4.0
2014 10.3 7.9
2013 16.5 4.9
2012 28.6 16.4
2011 1.7 -3.1

* Current year returns are unaudited. Past performance is not indicative of future results. The net returns of the Fund are based on published results to an original investor net of fund expenses, management fees (1.25%) and incentive allocation (12.5%). The incentive allocation is accrued monthly, although the fee is charged at year end.

(1) Asia Ex Japan ETF (total returns, including dividends reinvested)

(2) Inception-to-date performance for SGD A Class and Asia Ex Japan ETF are computed from 16 September 2011, the date of Fund inception.

Apr 2020 NAV Price
SGD A class SGD 163.4
SGD S class SGD 87.4
USD S class USD 94.8
USD A class USD 89.5

Melvin Tan

Melvin joined DCG Capital in 2011 and is a portfolio manager with more than 13 years of experience in investment management.

Previous experience: Lion Global Investors, Technology and Telecommunications; Straits Lion Asset Management, information technology portfolio implementation; Avanade Asia, software engineer.

Academic and post-graduate qualifications: Bachelor of Engineering (Honours), National University of Singapore; CFA® charterholder.

Teck Jin Tan (“TJ”)

TJ joined DCG Capital in 2014 as an investment analyst with more than 8 years of experience in investment management.

Previous experience: Target Asset Management, Greater China equity; Deutsche Bank, Hong Kong, macroeconomics and equity strategy; Singapore Police Force, securities fraud.

Academic and post-graduate qualifications: Bachelor of Engineering (Honours), Master of Engineering, Cambridge University; MBA, Columbia University; CFA® charterholder.

William Toh

William joined DCG Capital in January 2019. He has more than 25 years of investment experience.

From 2007 to 2018, he was the Chief Investment Officer of New Harbour Capital Partners and Lead Portfolio Manager of the New Harbour Asia Fund. Prior to that William was the Chief Investment Officer of Asia General Holdings responsible for managing the insurance funds of Asia Life Assurance and Asia Insurance (2001-2006). He started his investment career at GIC in 1981.

William is an Independent Non-Executive Director of Mapletree Industrial Trust Management Ltd and also serves on the investment committees of several Mapletree property funds. He is Chairman of the investment committee of the Methodist Church of Singapore (since 2013) and a member of the investment committee of Singapore Bible College (since 2008).

William studied at the University of Tasmania, Australia on a Colombo Plan Scholarship and graduated with a First Class Honours degree in Mathematical Economics. He also attended the CFA Investment Management Workshop presented jointly by CFA Institute and Harvard Business School.

Qiu Xinghao

Xinghao joined DCG Capital as a Research Assistant in Feb 2018. He has over 5 years of experience in Finance. From 2012 to 2017, he was in CPGFM as a Finance Assistant. From 2017 to 2018, he was a Finance Executive in Urban Redevelopment Authority. Xinghao holds a Degree in Business Mangement from RMIT (Singapore).

Soh Hua Qun

Hua Qun joined DCG Capital as an Investment Analyst in January 2020. From 2016 to 2018, he worked in PricewaterhouseCoopers as an auditor. In 2019, he started his investment career at SEAVI Advent Private Equity, the Asian Affiliate of Advent International. Hua Qun holds a Bachelor of Business Administration (Accountancy) Degree from the National University of Singapore. Since 2016, he has been an Associate member of the Institute of Singapore Chartered Accountants. He has passed CFA Level II.