Seafarer Overseas Growth & Income Fund Inv Cl · NASDAQ:SFGIX
Seafarer Overseas Growth & Income Fund Inv Cl — Seafarer Capital Partners — Investor Presentation (July 2013)
20 slides from Seafarer Overseas Growth & Income Fund Inv Cl's investor presentation, Jul 18, 2013
Slide 1: Shareholder Conference Call
Shareholder Conference Call Seafarer Capital Partners, LLC 18 July 2013
Slide 2: Disclosures
Disclosures ALPS Distributors, Inc. is the distributor for the Seafarer Overseas Growth and Income Fund. William Maeck, Kate Jaquet, and Michelle Foster are Registered Representatives of ALPS Distributors, Inc. This material must be accompanied or preceded by a prospectus. View the Fund’s prospectus
Slide 3: Agenda
Agenda 1. Fund Retrospective 2. Selected Portfolio Holdings 3. BRICs, Revisited 4. Around the World in 5 Minutes 5. Question and Answer Session 2
Slide 4: Fund Retrospective – The Past Six Months
Fund Retrospective – The Past Six Months Seafarer Overseas Growth and Income Fund $12.50 Net Asset Value (2/15/12 - 7/16/13) $30 million $12.00 AUM 2nd Distribution $11.50 6.1¢ Voluntary Fee $11.00 Reduction Launch: 3rd Distribution ~$2 million 14.5¢ $10.50 AUM 1st Distribution 5.0¢ $10.00 $10MM AUM
Slide 5: Fund Performance
Fund Performance As of 30 June 2013 Total Return Total Return Since Inception NAV / Net Inception Index Level 1 Mo 3 Mo YTD 1 Yr Annualized Cumulative Expense Date (6/30/13) Ratio1 SFGIX (Investor Class) $11.04 –5.68% –4.39% –1.35% 12.81% 9.35% 13.05% 2/15/12 1.40% SIGIX (Institutional Class) $11.04
Slide 6: Source of Performance – Regions
Source of Performance – Regions Contribution to Net Asset Value By Region (3/31/13 - 6/30/13) $12.00 $11.70 $0.03 $0.14 $11.75 $0.35 $11.50 $0.00 $0.04 $0.15 $11.25 $0.01 $11.04 $11.00 $10.75 $10.50 Past performance does not guarantee future results. Sources: Bloomberg, Seafarer. The tables above pr
Slide 7: Selected Portfolio Holdings
1. Fund Retrospective 2. Selected Portfolio Holdings 3. BRICs, Revisited 4. Around the World in 5 Minutes 5. Question and Answer Session 6
Slide 8: Top 10 Holdings
Top 10 Holdings As of 30 June 2013 Issuer Market Price / Price / Forecast Holding Sector Country Cap ($B) Yield 1 Book Earnings EPS Growth SIA Engineering Co., Ltd. Industrials Singapore $4.4 4.4% 4.3 19 7% NTT DOCOMO, Inc. Telecom. Services Japan $64.1 3.9% 1.2 13 3% Sindoh Co. Ltd. 2 Information S
Slide 9: Asia – Health Care
Asia – Health Care Hartalega Holdings Bhd Country Malaysia Market Capitalization (US $ BL) 1.5 Price / Earnings - Last Year 20.1 Price / Earnings - This Year 18.6 Price / Earnings - Next Year 17.0 Price / Book Value 6.2 Gross Dividend Yield* 2.2% * Gross dividend yield = dividend yield gross of with
Slide 10: Latin America – Commodities
Latin America – Commodities SQM (Sociedad Quimica y Vale SA Minera de Chile SA) (Preferred Share) Country Chile Brazil Market Capitalization (US $ BL) 10.8 67.1 Price / Earnings - Last Year 16.1 6.1 Price / Earnings - This Year 17.5 5.5 Price / Earnings - Next Year 15.4 5.5 Price / Book Value 4.6 0.
Slide 11: BRICs, Revisited
1. Fund Retrospective 2. Selected Portfolio Holdings 3. BRICs, Revisited 4. Around the World in 5 Minutes 5. Question and Answer Session 10
Slide 12: BRICs, Revisited
BRICs, Revisited • Building up the BRICs. The BRIC (Brazil, Russia, India and China) acronym was coined in 2001; the height of the public BRIC product launches occurred between 2006 and 2008. • Acronyms and themes seem to sell well. For whatever reason, investors seem especially attuned to “big-pict
Slide 13: Thematic Investing – A Cautionary Tale
Thematic Investing – A Cautionary Tale MSCI BRIC Index vs. MSCI Emerging Market Index 10 Year Relative Performance (6/27/03 - 6/28/13) 160 | BRIC outperforms EM è 150 140 130 120 ç BRIC underperforms EM Largest U.S. 110 BRIC ETF "BRIC" peaks as a launched Google search term 100 90 80 Jun-03 Jun-04
Slide 14: BRICs Sink, Value Rises
BRICs Sink, Value Rises Relative Valuations* BRIC Markets / Emerging Markets (12/31/05 - 6/30/13) 140% 60% 120% 80% Axis for Relative Dividend Yield Axis for Relative P/E and P/B 100% 100% 80% 120% Price / Earnings (Left Axis) 60% Price / Book (Left Axis) 140% Dividend Yield (Right Axis) 40% 160% De
Slide 15: Around the World in 5 Minutes
1. Fund Retrospective 2. Selected Portfolio Holdings 3. BRICs, Revisited 4. Around the World in 5 Minutes 5. Question and Answer Session 14
Slide 16: Around the World in 5 Minutes
Around the World in 5 Minutes • China: The country is at a crossroads in terms of restructuring its economy; small, but important and cumulatively meaningful battles are being won, especially in the financial markets; the biggest reforms (hukou1 reform, property rights, judicial independence) still
Slide 17: Question and Answer Session
1. Fund Retrospective 2. Selected Portfolio Holdings 3. BRICs, Revisited 4. Around the World in 5 Minutes 5. Question and Answer Session 16
Slide 18: Question and Answer Session
Question and Answer Session To ask a question, press *1 on your phone. To withdraw your question, press *2. 17
Slide 19: Glossary
Glossary Dividend Yield (Trailing 12-Mo) a measure of the sum of the dividends paid per share during the trailing 12 months divided by the current share price. Earnings Per Share Growth (EPS Growth) forecast growth rate of earnings per common share this year (or, if noted, next year), expressed as a
Slide 20: seafarerfunds.com
s e a f a r e r f u n d s . c o m
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