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Value Partners Health Care Fund
(A UCITS Compliant Fund)#

Other Funds

    • Risk Disclosure
      • Value Partners Health Care Fund (the “Fund”) primarily invests in equities and equity-related securities in healthcare companies on a worldwide basis.
      • The investments of the Fund are concentrated in the health care sector which are subject to greater influences from government policies and regulations than those of other industries. The value of the Fund may be more volatile than that of a fund having a more diverse portfolio of investments.
      • Investing in PRC market exposes the Fund to additional risks including currency repatriation risk, uncertainty of taxation policies and risk associated with Stock Connects. The Fund may also expose to RMB currency and conversion risk.
      • Investing in small/mid-capitalization securities may have lower liquidity and their prices are more volatile to adverse economic developments.
      • The Fund may also invest in derivatives and debt securities that are below investment grade or unrated which can involve material risks, e.g. counterparty default risk, insolvency or liquidity risk, and may expose the Fund to significant losses.
      • You should not make investment decision on the basis of this marketing material alone. Please read the prospectus for details and risk factors.

    Performance Update as at 08-11-2024

    Performance Update

    Annual Returns

    Annual Returns

    Performance Since Launch as at 08-11-2024

    Performance Since Launch

    This is a marketing communication. It is intended for and will be only distributed to persons resident in jurisdictions where such distribution or availability would not be contrary to local laws or regulations. This document does not constitute an offer to anyone, or a solicitation by anyone, to subscribe for shares of Value Partners Ireland Fund ICAV. Nothing in this document should be construed as advice and is therefore not a recommendation to buy or sell shares. It is not a contractually binding document and not sufficient to make an investment decision.

    Subscriptions for shares of the Fund can only be made on the basis of its latest Key Investor Information Document, prospectus and supplement together with the latest audited annual report (and subsequent unaudited semi-annual report, if published), copies of which can be obtained, free of charge, from https://www.valuepartners-group.com/en/, your financial adviser or your regional contact. An investment in the Fund entails risks, which are fully described in the prospectus. Our portfolio disclosure policy can be obtained from the Investment Manager upon request to email fis@vp.com.hk. A summary of investor rights can be found here: Carne-Group-Summary-of-Investor-Rights-1.pdf (carnegroup.com)

    Source: HSBC Institutional Trust Services (Asia) Limited and HSBC Securities Services (Ireland) DAC. Performance is calculated on NAV to NAV in base currency with dividend reinvested and net of fees. All indices are for reference only. Past Performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Exchange rate changes may cause the value of any overseas investments to rise or fall. The ongoing charges are the fees the Fund charges to investors to cover the costs of running the Fund. Additional costs, including transaction fees, will also be incurred. These costs are paid out by the Fund, which will impact on the overall return of the Fund.

    Please note that investment involves risks. The unit price of the Funds may go down as well as up and past performance of the Fund does not indicate future return. Investors should refer to the Prospectus, Supplement(s) and Key Investor Information Document(s) of the Funds for further details and the risk factors in particular those involved in investing in emerging markets prior to the subscription of the units of the Fund.

    Viewers who intend to subscribe for Shares of any Sub-fund of Value Partners Ireland Fund ICAV following publication of the Prospectus, Supplement and Key Investor Information Document are reminded that any such application may only be made on the basis of the information contained in the final Prospectus, Supplement and Key Investor Information Document which may be different from the information contained on this website and which may be subject to updating, amendment and/or completion.

    Investment objectives

    The Fund aims to achieve long-term capital growth by investing primarily in equities and equity related securities in healthcare companies, such as pharmaceuticals, biotechnology, healthcare services, as well as medical technology and supplies, which derive a significant part of their revenue from the PRC and which are listed on stock markets on a worldwide basis, including mainland China.

    Open-ended Umbrella Investment Company

    Value Partners Ireland Fund ICAV

    Promoter and investment manager

    Value Partners Hong Kong Limited

    Depositary

    HSBC Continental Europe

    Legal status

    Authorized by the Central Bank of Ireland as an Undertaking for Collective Investment in Transferable Securities (UCITS) pursuant to the European Communities UCITS Regulations 1

    Launch date
    02-04-2015
    Fund sizeUSD62.90 million ( as at 12-11-2024 )
    Base currency

    US dollar

    Other currency class available
    Hedged: AUD, CHF, EUR, GBP, JPY, NZD, RMB, SGD, etc. 2
    Unhedged: CHF, EUR, GBP, HKD, USD
    Minimum subscription

    Class A: AUD 10,000/ CHF 10,000/ EUR 10,000/ GBP 10,000/ JPY 1,000,000/ SGD 10,000
    Class Z: GBP 1,000,000/ USD 1,000,000

    Initial subscription fee
    Up to 5% of the issue price
    Investment manager fees

    Class A: 1.50% per annum

    Class Z: 1.00% per annum

    Performance fee

    Nil

    Redemption fee

    Nil

    Dealing frequency

    Daily
    Cutoff time: 11.59am Irish time

    Print

    This is a marketing communication. It is intended for and will be only distributed to persons resident in jurisdictions where such distribution or availability would not be contrary to local laws or regulations. This document does not constitute an offer to anyone, or a solicitation by anyone, to subscribe for shares of Value Partners Ireland Fund ICAV. Nothing in this document should be construed as advice and is therefore not a recommendation to buy or sell shares. It is not a contractually binding document and not sufficient to make an investment decision.

    Subscriptions for shares of the Fund can only be made on the basis of its latest Key Investor Information Document, prospectus and supplement together with the latest audited annual report (and subsequent unaudited semi-annual report, if published), copies of which can be obtained, free of charge, from https://www.valuepartners-group.com/en/, your financial adviser or your regional contact. An investment in the Fund entails risks, which are fully described in the prospectus. Our portfolio disclosure policy can be obtained from the Investment Manager upon request to email fis@vp.com.hk. A summary of investor rights can be found here: Carne-Group-Summary-of-Investor-Rights-1.pdf (carnegroup.com)

    1. Value Partners Ireland Fund ICAV (formerly Value Partners Ireland Fund plc) is authorized and supervised by the Central Bank of Ireland (“Central Bank”). Authorization by the Central Bank shall not constitute a warranty as to the performance of the ICAV and the Central Bank shall not be liable for the performance or default of the ICAV. Authorization of the ICAV is not an endorsement or guarantee of the ICAV by the Central Bank.
    2. Transactions for currency hedging purposes may be carried out in respect of shares in the Hedged Classes; for details on this and/or for a full list of share classes, please refer to the prospectus and the relevant fund supplement.
    
    Loading...
    Type of DocumentDateDownload
    From
    To
    Date

    Class A USD Unhedged

    Class A HKD Unhedged

    Class A SGD Unhedged

    Class A EUR Unhedged

    Class A RMB Unhedged

    Class A SGD Hedged

    • Risk Disclosure

      • Value Partners Health Care Fund (the “Fund”) primarily invests in equities and equity-related securities in healthcare companies on a worldwide basis.
      • The investments of the Fund are concentrated in the health care sector which are subject to greater influences from government policies and regulations than those of other industries. The value of the Fund may be more volatile than that of a fund having a more diverse portfolio of investments.
      • Investing in PRC market exposes the Fund to additional risks including currency repatriation risk, uncertainty of taxation policies and risk associated with Stock Connects. The Fund may also expose to RMB currency and conversion risk.
      • Investing in small/mid-capitalization securities may have lower liquidity and their prices are more volatile to adverse economic developments.
      • The Fund may also invest in derivatives and debt securities that are below investment grade or unrated which can involve material risks, e.g. counterparty default risk, insolvency or liquidity risk, and may expose the Fund to significant losses.
      • You should not make investment decision on the basis of this marketing material alone. Please read the prospectus for details and risk factors.
    • Performance

      Performance Update

      Performance Update

      Annual Returns

      Annual Returns

      Performance Since Launch as at 08-11-2024

      Performance Since Launch

      This is a marketing communication. It is intended for and will be only distributed to persons resident in jurisdictions where such distribution or availability would not be contrary to local laws or regulations. This document does not constitute an offer to anyone, or a solicitation by anyone, to subscribe for shares of Value Partners Ireland Fund ICAV. Nothing in this document should be construed as advice and is therefore not a recommendation to buy or sell shares. It is not a contractually binding document and not sufficient to make an investment decision.

      Subscriptions for shares of the Fund can only be made on the basis of its latest Key Investor Information Document, prospectus and supplement together with the latest audited annual report (and subsequent unaudited semi-annual report, if published), copies of which can be obtained, free of charge, from https://www.valuepartners-group.com/en/, your financial adviser or your regional contact. An investment in the Fund entails risks, which are fully described in the prospectus. Our portfolio disclosure policy can be obtained from the Investment Manager upon request to email fis@vp.com.hk. A summary of investor rights can be found here: Carne-Group-Summary-of-Investor-Rights-1.pdf (carnegroup.com)

      Source: HSBC Institutional Trust Services (Asia) Limited and HSBC Securities Services (Ireland) DAC. Performance is calculated on NAV to NAV in base currency with dividend reinvested and net of fees. All indices are for reference only. Past Performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Exchange rate changes may cause the value of any overseas investments to rise or fall. The ongoing charges are the fees the Fund charges to investors to cover the costs of running the Fund. Additional costs, including transaction fees, will also be incurred. These costs are paid out by the Fund, which will impact on the overall return of the Fund.

      Please note that investment involves risks. The unit price of the Funds may go down as well as up and past performance of the Fund does not indicate future return. Investors should refer to the Prospectus, Supplement(s) and Key Investor Information Document(s) of the Funds for further details and the risk factors in particular those involved in investing in emerging markets prior to the subscription of the units of the Fund.

      Viewers who intend to subscribe for Shares of any Sub-fund of Value Partners Ireland Fund ICAV following publication of the Prospectus, Supplement and Key Investor Information Document are reminded that any such application may only be made on the basis of the information contained in the final Prospectus, Supplement and Key Investor Information Document which may be different from the information contained on this website and which may be subject to updating, amendment and/or completion.

    • Fund Facts

      Investment objectives

      The Fund aims to achieve long-term capital growth by investing primarily in equities and equity related securities in healthcare companies, such as pharmaceuticals, biotechnology, healthcare services, as well as medical technology and supplies, which derive a significant part of their revenue from the PRC and which are listed on stock markets on a worldwide basis, including mainland China.

      Open-ended Umbrella Investment Company

      Value Partners Ireland Fund ICAV

      Promoter and investment manager

      Value Partners Hong Kong Limited

      Depositary

      HSBC Continental Europe

      Legal status

      Authorized by the Central Bank of Ireland as an Undertaking for Collective Investment in Transferable Securities (UCITS) pursuant to the European Communities UCITS Regulations 1

      Launch date
      02-04-2015
      Fund sizeUSD62.90 million ( as at 12-11-2024 )
      Base currency

      US dollar

      Other currency class available
      Hedged: AUD, CHF, EUR, GBP, JPY, NZD, RMB, SGD, etc. 2
      Unhedged: CHF, EUR, GBP, HKD, USD
      Minimum subscription

      Class A: AUD 10,000/ CHF 10,000/ EUR 10,000/ GBP 10,000/ JPY 1,000,000/ SGD 10,000
      Class Z: GBP 1,000,000/ USD 1,000,000

      Initial subscription fee
      Up to 5% of the issue price
      Investment manager fees

      Class A: 1.50% per annum

      Class Z: 1.00% per annum

      Performance fee

      Nil

      Redemption fee

      Nil

      Dealing frequency

      Daily
      Cutoff time: 11.59am Irish time

      Print

      This is a marketing communication. It is intended for and will be only distributed to persons resident in jurisdictions where such distribution or availability would not be contrary to local laws or regulations. This document does not constitute an offer to anyone, or a solicitation by anyone, to subscribe for shares of Value Partners Ireland Fund ICAV. Nothing in this document should be construed as advice and is therefore not a recommendation to buy or sell shares. It is not a contractually binding document and not sufficient to make an investment decision.

      Subscriptions for shares of the Fund can only be made on the basis of its latest Key Investor Information Document, prospectus and supplement together with the latest audited annual report (and subsequent unaudited semi-annual report, if published), copies of which can be obtained, free of charge, from https://www.valuepartners-group.com/en/, your financial adviser or your regional contact. An investment in the Fund entails risks, which are fully described in the prospectus. Our portfolio disclosure policy can be obtained from the Investment Manager upon request to email fis@vp.com.hk. A summary of investor rights can be found here: Carne-Group-Summary-of-Investor-Rights-1.pdf (carnegroup.com)

      1. Value Partners Ireland Fund ICAV (formerly Value Partners Ireland Fund plc) is authorized and supervised by the Central Bank of Ireland (“Central Bank”). Authorization by the Central Bank shall not constitute a warranty as to the performance of the ICAV and the Central Bank shall not be liable for the performance or default of the ICAV. Authorization of the ICAV is not an endorsement or guarantee of the ICAV by the Central Bank.
      2. Transactions for currency hedging purposes may be carried out in respect of shares in the Hedged Classes; for details on this and/or for a full list of share classes, please refer to the prospectus and the relevant fund supplement.
    • Documents

      
      Loading...
      Type of DocumentDateDownload
    • Historical Prices

      From
      To
      Date

      Class A USD Unhedged

      Class A HKD Unhedged

      Class A SGD Unhedged

      Class A EUR Unhedged

      Class A RMB Unhedged

      Class A SGD Hedged

      From
      To
      Date

      Class A USD Unhedged

      Class A HKD Unhedged

      Class A SGD Unhedged

      Class A EUR Unhedged

      Class A RMB Unhedged

      Class A SGD Hedged