GAIN ACCESS TO A WEALTH OF RECOURCES

Population (mn)

Commodity Deposit ($ tn)

Gold Reserves (K tons)

Listed Stocks

FMG MONGOLIA FUND

With its vast mineral wealth, Mongolia is forecast to be one of the fastest growing economies globally. Mongolia has the world’s leading deposits of critical resources like coal, copper, gold, uranium and iron. Located near China and Russia, Mongolia has the ultimate access to the end-consumer; with the lowest transportation costs of all commodity producers.

Mongolia at a Glance

• Forecast over the next 10 years to have the world’s largest GDP growth

• Only 17% of Mongolia has been explored for commodity deposits

• Stock market undiscovered by foreign investors

• Growing domestic consumption

MOST RECENT POSTS

FMG Mongolia Fund gained +45.6% in the 3rd Quarter of 2017

FMG Mongolia Fund gained +45.6% in the 3rd Quarter of 2017 This was THE quarter for Mongolia. Hard commodities remained bullish and the Mongolia Stock Exchange was on fire. The rally which started in July was initially led by the two heavyweights TTL and...

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FMG Mongolia Fund lost 7.2% in the 2nd Quarter of 2017

FMG Mongolia Fund lost 7.2% in the 2nd Quarter of 2017 The MSE slowly inched higher through the quarter. On a stock level though, volatility was high with performance discrepancy. The fund performance was boosted by exposure to local mining stocks and a...

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FMG Mongolia Fund lost 3.8% in the 1st Quarter of 2017

FMG Mongolia Fund lost 3.8% in the 1st Quarter of 2017 Local stocks were on a roller coaster in the first quarter but ended 3% higher mainly due to FX strength. This improvement came on the back of a negotiated IMF stabilization package in February. The bailout was...

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ASSET ALLOCATION

  • Copper and Gold 38%
  • Beverages 34%
  • Coal 12%
  • Food Products 11%
  • Cash 2%
  • Cement 2%
  • Others 2%

FUND DESCRIPTION

The FMG Mongolia Fund offers exposure to one of the world’s most resource rich countries. The investment objective is to achieve long term capital growth by investing in equities listed on the Mongolia Stock Exchange as well as offshore traded securities with assets in Mongolia. Investments are made with focus on the most liquid stocks traded in local currency. The fund is actively managed and a fundamental approach is utilized combined with a long term quantitative model to determine allocations.

The fund has a flexible mandate and aims to capture market trends and be active with its cash allocation. The frontier nature of the investment universe should over time result in low correlation to global equity markets. FMG considers liquidity an integral element of the portfolio management process. The opportunistic nature of the fund targets investors with a higher risk-reward return profile.

FUND PARTICULARS

Investment Profile
Investment Focus
Investment Objective
Investment Horizon
Risk Level
Management
Fund Type
Fund Structure
Inception
Base Currency
Currency Classes
Minimal Init. Investment

Frontier Markets
Mongolian Stock Exchange
Listed Equities
Minimum 5 Years
High
Single Managed
Open Ended Investment Company
Segregated Accounts
2012
USD
USD
Class: A&L $10,000, B $100,000
or lower when dealt via »»

Dealing
Prenotice (Buy)
Prenotice (Sell)
Cut-off Time
Load Fee
Annual Management Fee
Performance Fee
Income Distribution
Domicile
Authority
Custodian
Administrator
Audit

Monthly
2 Calendar Days
A: 45, B: 90 Calendar Days
5:00PM ADT
Up to 5%
Class A&L: 2%, B: 1.5%
Class A&L: 20%, B: 10% HWM
Accumulation
Bermuda
BMA
Credit Suisse
Apex Fund Services
Deloitte

Info Sheet

Printable Fund Description, Terms, ISINs and more

Fact Sheet

Printable Return Chart, Key Statistics and more

Presentation

Printable Fund Presentation, Terms, ISINs and more

Prices/NAV’s

Share prices and ISIN codes for all currency- and fund classes

Inquiring more information or subscription details - Mongolia Fund

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Disclaimer: FMG (MALTA) Ltd. (“FMG”) is licensed by the Malta Financial Services Authority (“MFSA”) as a category 2 Investment Services Provider as provided in the Investment Services Act Chapter 370 of the Laws of Malta. FMG is authorized to act as a full scope alternative investment fund manager (“AIFM”) in terms of Directive 2011/61/EU of the European Parliament and of the Council on alternative investment fund managers (“AIFMD”). This summary is for information purposes only and does not constitute an offer to sell or a solicitation to buy. Citizens or residents of the United States and India may not invest in these Funds. All Funds may not be marketed to Swiss citizens or residents except those considered as “regulated qualified investors” by the Swiss Collective Investment Schemes Act and the Swiss Collective Investment Schemes Ordinance. All Funds are not to be marketed to EU or EEA investors. Investors who wish to obtain information on these funds will only be provided any such materials upon receipt of an appropriate reverse solicitation request in accordance with the requirements of the EU AIFM Directive, Swiss Law and/or national law in their home jurisdiction. Opinions and estimates constitute the manager’s judgment and are subject to change without notice. Past performance is not indicative of future results. Investments in Emerging Markets should be considered high risk where a portion or total loss of capital is conceivable. No assurance can be given that the investment objective will be achieved or that an investor will receive a return of all or part of his/her initial capital, and investment results can fluctuate substantially over any given time period. Please refer to the relative fund’s prospectus which contains brief descriptions of certain risks associated with investing in the fund. FMG funds or third-party funds marketed by FMG are aimed at experienced investors and you have to ensure you are able to invest in such funds. Questions should be directed to your local representative or financial advisor. This document may not be reproduced, distributed, or published for any purpose without the prior written consent of the manager. All information contained in this communication is as provided by FMG (MALTA) Ltd. Copyright (C) 2017 FMG. All rights reserved. Return chart: EMP-FMG Mongolia Sub-Fund B ISIN BMG3032V4723, MSCI EM Index, MSCI FM Index (USD) 2014-09-30 to 2017-09-30, data source: Bloomberg. Exposure chart is updated October 2017, data source: FMG Copyright (C) 2017 FMG. All rights reserved.