INTL GPS DIVIDEND EQUITY FUND - 2015 Q4
THE ALEXANDRIA INTERNATIONAL GPS
DIVIDEND EQUITY FUND has as its primary
Inception Date
January 2012
NAV (USD)
107.545
objective the achievement of attractive dividend
income coupled with long-term growth of capital,
primarily through investment in a portfolio of equity
or equity-related securities of issuers with business
operations located outside of the United States.
Manager
Alexandria Global Investment
Management Ltd.
Auditors
KPMG
Management Fee 1.50%
Sub Advisor
Guardian Capital LP (Jan 2012)
Performance Fee
10% of performance in excess of
benchmark
Currency USD
Subscription/ Redemption
Weekly
INVESTMENT PHILOSOPHY
The International GPS Dividend Equity Fund is
managed to maximize returns while actively
controlling the level of risk. This is accomplished by
disciplined diversification and careful stock selection.
The investment philosophy of the Fund is researchdriven, with a strong emphasis on the security
selection process and a bias towards companies
with
above-average,
stable,
earnings-growth
patterns.
Contact: Robert F. Madden
Tel: 1-345-945-1111
fund@alexandriabancorp.com
Benchmark
MSCI All country Ex-US
CONCENTRATION BY COUNTRY
TAIWAN, 5.0%
HONG KONG, 4.5%
SWEDEN, 5.1%
INVESTMENT PROCESS
While
the
process
does
not
employ
minimum/maximum allocation constraints by country
versus a benchmark, the approach is cognizant of
country deviations from the benchmark and the
Investment Manager will be careful not to expose
the Fund to undue risk.
OTHER, 26.0%
SWITZERLAND, 5.3%
CANADA, 5.4%
AUSTRALIA, 6.3%
The Fund will be in a minimum of seven of the ten
GICS sectors. Each GICS sector will be maintained
within a range of +/-15% of that sector’s weight in
the Primary Benchmark. Should the weight within
the portfolio exceed this range for any six-month
period, it will automatically be brought back into this
range.
The Fund will, typically, hold between 60 and 120
securities and will be broadly diversified.
UNITED KINGDOM,
17.1%
FRANCE, 8.3%
JAPAN, 17.0%
PERFORMANCE TO DECEMBER 31, 2015
1,800
1,600
TOP FIVE HOLDINGS
Fund
Benchmark
Toyota Motor Corp
HSBC Holdings
Novo-Nordisk AS
Allianz SE
GlaxoSmithkline
Cons
Discretionary
Financials
Health
Financials
Health
2.6%
1,400
2.5%
2.3%
2.2%
2.2%
1,200
1,000
800
Dec, 2011
Jun, 2012
Dec, 2012
Jun, 2013
Dec, 2013
Jun, 2014
Dec, 2014
Jun, 2015
Dec, 2015
QTR
YTD
1-YR
3-YR
5-YR
SINCE
INCEPTION
FUND
4.1%
-5.2%
-5.2%
-1.8%
NA
1.5%
BENCHMARK
3.2%
-5.7%
-5.7%
1.5%
NA
5.1%
Compound annual rate of return after management fees and expenses. Periods less than
one year have not been annualized.
THE ALEXANDRIA FUND
REAL RETURN INTERNATIONAL BOND FUND | USD MONEY MARKET FUND | CAD MONEY MARKET FUND
CANADA EQUITY FUND | USA EQUITY FUND | INTERNATIONAL GPS DIVIDEND EQUITY FUND DEVELOPING MARKETS FUND