Elite Trafford Global Equity Fund offers investors exposure to companies that have strong long-term fundamentals but are being undervalued by the market
Singapore-based alternative asset management firm Elite Partners Capital has launched a new equity fund, which aims to provide investors with the opportunity to invest in undervalued equities with strong long-term fundamentals.
Called Elite Trafford Global Equity Fund, it has already raised more than US$20 million, with a target of US$200 million, according to a press release.
The fund will primarily target high net-worth individuals qualifying as Accredited Investors under MAS guidelines.
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The fund offers investors exposure to companies that have strong long-term fundamentals but are being undervalued by the market – depressed by short-term negative factors. The fund will hold concentrated positions in these undervalued companies with a two to five year investment horizon.
Due to the time required for its investment strategy to play out, the fund is suitable for investors who are seeking long term capital appreciation and understand the risks involved in investing in such an equity fund.
Lai Zehan, Portfolio Director of the Fund, said: “Rather than trading on market sentiments, the Elite Trafford Global Equity Fund seeks to invest in companies that have strong fundamentals which can carry them through unpredictable market conditions and a slowing global economy.”
Victor Song, CEO of Elite, said: “The Elite Trafford Global Equity Fund will provide investors exposure to discounted but high-value equities which will yield above-market returns.”
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