Key dataNAVPerformanceDistributionPublication
HERITAGE ALTERNATIVE FUND - Heritage Total Return (CHF) I
| Value No : |
4291532 |
| ISIN No : |
CH0042915329 |
| Ticker Bloomberg : |
HERITGI SW |
Fund’s investment objective
HERITAGE ALTERNATIVE FUND offers investors straightforward access to the world of alternative investment management. Having exposure to at least five different alternative fund strategies, the fund
invests in hedge funds selected after completion of a rigorous due-diligence evaluation process. The aim of the fund is to generate stable, low-volatility returns, geared towards achieving a net annual return of
4% to 8% and a majority of positive monthly returns.
The fund manager, Heritage Bank in Geneva, has garnered over 15 years of experience in the field and has a team of experts responsible for selecting the hedge funds, constructing and managing the fund's portfolios, and for monitoring risks.
| Fund’s domicile : |
Switzerland |
| Portfolio Manager : |
Banque Heritage, Genève |
| Launch date : |
23 June 2008 |
| Launch price : |
CHF 1272.02 |
| Close of financial year : |
31 December |
Management
fee : |
1.20% |
| TER : |
|
| Affidavit eligibility : |
Yes |
| Benchmark : |
|
| Investment area : |
World |
| EU withholding tax on CH distribution : |
OUT |
| EU withholding tax on CH redemption : |
OUT |
| TIS CH : |
0 |
| TIS EU : |
0 |
| Frequency of NAV calculations : |
The NAV of these funds is calculated once a month, the 10th bank working day for the end of the previous month. |
| Cut off : |
In: 4 pm, 5 days before the last calender day of the month
Out: 4 pm, every 15th of the month |
| Net asset value on
31.12.2011: |
CHF 1'067.06 |
| Fund’s assets on
31.12.2011 : |
CHF 42'053'571.23 |
| Year-high NAV
2011 : |
CHF 1'114.83 |
| Year-low NAV
2011 : |
CHF 1'067.06 |