The Developed Markets Closed-End Fund (CEF) Strategy seeks to provide long-term capital growth via stock selection and active country allocation. We believe that closed-end funds offer an efficient way to invest in Global/International equity markets. Our “alpha” is generated by capitalizing on discount changes and pricing anomalies that arise in closed-end funds. We specialize in identifying and capitalizing on discount movements and pricing anomalies to seek to provide above average, long-term outperformance versus the appropriate benchmark.
| Inception Date | GIPS Disclosure |
| October 2009 | Download |
The Emerging Market Closed-End Fund (CEF) Strategy seeks to provide long-term capital growth via stock selection and active country allocation. We believe that closed-end funds offer an efficient way to invest in emerging markets. Our “alpha” is generated by capitalizing on discount changes and pricing anomalies that arise in closed-end funds. We specialize in identifying and capitalizing on discount movements and pricing anomalies to seek to provide above average, long-term outperformance versus the appropriate benchmark while maintaining a lower level of volatility than the benchmark.
| Inception Date | GIPS Disclosure |
| October 1991 | Download |
The Opportunistic Value Closed-End Fund (CEF) Strategy seeks to provide long-term capital growth via a value-driven, high-conviction approach. The Strategy is maximally opportunistic, seeking to take advantage of the most compelling valuations in the closed-end fund universe globally. The investment philosophy is bottom-up and benchmark agnostic, giving focused exposure to closed-end fund discount dislocations across asset classes and geographies in a concentrated “best ideas” portfolio.
| Inception Date | GIPS Disclosure |
| September 2014 | Download |
The Listed Private Equity (LPE) Strategy seeks to generate a total return that exceeds the relevant benchmark index by investing in a portfolio of LPE closed-end funds and Investment Companies. The funds are selected by taking into consideration the current discount to NAV relative to historical ranges and relative to the securities in the universe. Portfolio construction takes into account the underlying strategy of the LPE funds (such as Buy Out, Growth Capital/Venture Capital and Multi Strategy), the liquidity and size of the securities, as well as country and sector allocation and the vintages of the portfolios.
| Inception Date | GIPS Disclosure |
| February 2016 | Download |
The Frontier Markets Closed-End Fund (CEF) Strategy seeks to provide long-term capital growth via stock selection and active country allocation. We believe that funds offer an efficient way to invest in Frontier markets. We specialize in identifying and capitalizing on discount movements and pricing anomalies to seek to provide above average, long-term outperformance versus the appropriate benchmark while maintaining a lower level of volatility than the benchmark.
| Inception Date | GIPS Disclosure |
| July 2005 | Download |
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
FOR INSTITUTIONAL USE ONLY. NOT FOR RETAIL DISTRIBUTION.
City of London Investment Management Company Limited (CLIM) which is authorized and regulated by the Financial Conduct Authority (FCA) and registered as an Investment Advisor with the Securities and Exchange Commission (SEC). CLIM (registered in England and Wales No. 2851236) is a wholly owned subsidiary of City of London Investment Group plc. (CLIG) (registered in England and Wales No. 2685257). Both CLIM and CLIG have their registered office at 77 Gracechurch Street, London, EC3V 0AS, United Kingdom. City of London Investment Management (Singapore) Pte. Ltd. is a wholly owned subsidiary of CLIM.
All reasonable care has been taken in the preparation of this information. No responsibility can be accepted under any circumstances for errors of fact or omission. Values may fall as well as rise and you may not get back the amount invested. This information should not be considered as solicitation or an offer to provide any CLIM service in any jurisdiction where it would be unlawful to do so under the laws of that jurisdiction.
Policies for valuing investments, calculating performance, and preparing GIPS Reports are available upon request.
A complete list and description of composites and pooled funds is available upon request.