Value hunters

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Value hunters

By: Trinity Chua
03/03/18, 08:00 am

SINGAPORE (Mar 2): Founded in 2012 by Kevin Tok, a former financial planner, and veteran fund managers Eric Kong and Wong Seak Eng, Aggregate Asset Management has one fund: the Aggregate Value Fund.

As at end January, the fund holds more than 600 Asia-Pacific-listed stocks assets under management (AUM) of $507 million.

Uniquely, the fund does not charge its investors an annual management fee. Instead, Aggregate takes 20% of the fund’s annual profits if the fund exceeds its previous net asset value record. The fund is only available to accredited investors and has a minimum subscription of $150,000.

Aggregate aims to produce absolute annual gains of at least 10%, and has managed to do so every year except one. The fund had a dividend yield of 3.5% as at end-December last year. Aggregate holds its stocks for an average period of between three and five years.

More details in https://www.theedgesingapore.com/value-hunters

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