Seafarer Overseas Growth & Income Fund Inv Cl · NASDAQ:SFGIX
Seafarer Overseas Growth & Income Fund Inv Cl — Seafarer Funds — Investor Presentation (June 2015)
14 slides from Seafarer Overseas Growth & Income Fund Inv Cl's investor presentation, June 2015
Slide 1: China's Emergence, In Context
China’s Emergence, In Context! June 2015!
Slide 2: Disclosures
Disclosures! ALPS Distributors, Inc. is the distributor for the Seafarer Overseas Growth and Income Fund. This material must be accompanied or preceded by a prospectus. View the Fund’s prospectus at www.seafarerfunds.com/documents/prospectus.pdf. Important Risks: An investment in the Fund involves r
Slide 3: Recent Performance – What's Going On?
Recent Performance – What’s Going On?! Performance of Selected China-Related Securities Baskets 3/31/15 - 6/19/15; 3/31/15 = 100 MSCI China Index Shenzhen A-Share Index Shanghai A-Share Index 170 160 150 140 140 130 120 120 110 106 100 90 3/31/15 4/10/15 4/20/15 4/30/15 5/10/15 5/20/15 5/30/15 6/9/1
Slide 4: Valuation Characteristics
Valuation Characteristics! As of 6/19/15 Dividend Price / Book Price / Earnings Yield (Trailing) (Trailing) Shenzhen A-Share Index 0.4% 6.0 68.2 Shanghai A-Share Index 1.5% 2.6 22.4 MSCI China Index 2.6% 1.6 11.7 Past performance does not guarantee future results. Sources: MSCI, Bloomberg, Seafarer.
Slide 5: A Large Market Emerges
A Large Market Emerges! Emerging Market Developed Market $10,000 50 Years Later Real stock market capitalization / capita * (U.S. dollars, log scale) Base Year 25 Years Later $1,000 $100 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 Real GDP / capita * (U.S. dollars) * Measured in 1990 International G
Slide 6: Historical Context – U.S. as an Emerging Market
Historical Context – U.S. as an Emerging Market! U.S. U.K. $10,000 1950 Real stock market capitalization / capita * 1925 1950 1900 (U.S. dollars, log scale) 1900 1925 $1,000 $100 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 Real GDP / capita * (U.S. dollars) * Measured in 1990 International Geary-Kha
Slide 7: Historical Context – U.S. as an Emerging Market
Historical Context – U.S. as an Emerging Market! U.S. U.K. $10,000 1950 Real stock market capitalization / capita * 1925 1950 1900 (U.S. dollars, log scale) 1900 1925 $1,000 1900: U.S. 10 Year CAPE P/E = 21 $100 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 Real GDP / capita * (U.S. dollars) * Measure
Slide 8: China's Emergence In Context
China’s Emergence In Context! U.S. U.K. China $10,000 1925 1950 1950 Real stock market capitalization / capita * 1900 June 2015 2010 (U.S. dollars, log scale) 1900 $1,000 1925 2000 $100 1995 $10 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 Real GDP / capita * (U.S. dollars) * Measured in 1990 Interna
Slide 9: The Present Day
The Present Day! U.S. U.K. China $100,000 2014E Real stock market capitalization / capita * 2014E 1950 $10,000 1925 (U.S. dollars, log scale) 1950 1900 June 2015 1900 2010 $1,000 2000 1925 $100 1995 $10 $0 $10,000 $20,000 $30,000 $40,000 Real GDP / capita * (U.S. dollars) * Measured in 1990 Internat
Slide 10: Frenzied – But Essential – Reallocation of Wealth
Frenzied – But Essential – Reallocation of Wealth! Aggregate Distribution of Chinese Households' Financial Assets, 2013 Equities, 3.7% Housing and Real Bank Deposits, 13.7% Estate (excl first home), 76.3% Foreign Currency Assets, 0.2% Other Financial Assets, 1.8% Cash, 4.2% Gold, 0.1% Source: Wei Ya
Slide 11: Glossary
Glossary! Chinese A-Shares A class of securitized common stock in Chinese companies, traded exclusively on Chinese stock exchanges (i.e., Shanghai and Shenzhen), and denominated in renminbi, China’s currency. Historically, the renminbi has been subject to strict controls, such that foreign (i.e., no
Slide 12: Glossary, continued
Glossary, continued! International Geary-Khamis Dollar (1990) The 1990 Geary–Khamis Dollar, also known as the International Dollar, is a hypothetical unit of currency that has the same purchasing power parity that the U.S. dollar had in the United States in 1990. The Geary–Khamis Dollar measures the
Slide 13: Glossary, continued
Glossary, continued! Shanghai A-Share Index The Shanghai Stock Exchange Composite Index is a capitalization-weighted index that tracks the daily price performance of all A-shares and B-shares listed on the Shanghai Stock Exchange. Index code: SHCOMP. It is not possible to invest directly in this or
Slide 14: seafarerfunds.com
seafarerfunds.com! SEA000369 06/30/16