In 2011, when markets fall on the back of the debt crisis, the fund fell 7. 37 per cent (calendar year 2011), while the index fell 14.97 per cent and the sector fell 16.78 per cent.
And finally, when the global financial crisis kicked off in 2008, the fund fell 15.76 per cent (calendar year 2008), compared with falls of 33 per cent for both the sector and index.
So while it does not get caught up in stock market hype, the result of this capital preservation mindset is that the fund is one of the least volatile in this asset class and has delivered superb risk-adjusted returns over a very long period of time.
It is an excellent core Asia equity fund and, at times when investors are worrying about their hard-earned savings, it is a far easier conversation to be had.
It does what it promises and, in a volatile region, is the one fund that can enable investors to sleep at night.
Darius McDermott is managing director of FundCalibre
