Opalesque Solutions

Silverdale India Equity Fund

Silverdale Capital Pte Ltd

Company Overview

The Silverdale Team has been involved in over USD 4 billion of investments by marquee investors (such as Goldman Sachs and Lehman Bros), including managing over USD 500 million of investments with controlling stakes. The Silverdale Fund invests in liquid (listed) securities, has generated superior than market returns since inception.

Fund Strategy

The investment objective of Silverdale Equity Fund (Class-G Shares of Sri Silverdale Opportunities Fund) is to generate superior absolute returns, in all market conditions, by investing primarily in equities of fast growing companies, especially those doing business in or with emerging marketsTo seek its Investment Objective, Silverdale Equity Fund is actively managed and deploys multiple strategies concurrently to generate superior absolute returns.
To achieve its Investment Objective, to reduce risk, or to manage the fund more efficiently the Silverdale Equity Fund may invest into:
(a) equities, especially of companies that benefit from the growth and development of the emerging economies and of companies which conduct a material proportion of their business in emerging markets, including whose securities that are listed other than local stock exchanges inter alia through Foreign Currency Convertible Bonds (FCCBs), American Depository Receipts (ADRs), Global Depository Receipts (GDRs) and/or warrants;
(b) derivatives, including currency and securities OTC derivatives, futures, options, forwards, short sales, and swaps; and
(c) various financial and economic contracts, including but not limited to any share or debenture stock of a company, share of a collective investment schemes, unit or sub-unit in any unit trust scheme, participation in a mutual fund, warrant, or other stock purchase instrument, loan convertible into stock and money market instruments, futures, options, forward currency exchange contracts or any other security or derivative, including but not limited to OTC (over the counter) instrument
The Fund may use leverage where the Investment Manager believes that the use of leverage may enable the Fund to achieve a higher rate of return for Class-G Shares without taking undue risk. The Fund seeks to invest primarily in instruments which, in its view, have reasonable liquidity but may also invest in less liquid instruments, where forecast returns in respect of a given situation are deemed by it to be high relative to those available in more liquid instruments. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently.Most investments are into fast growing mid to large cap Asian emerging markets companies. The fund management team has hands on experience of establishing, growing and managing companies in emerging markets. This transmutes into exquisite understanding of value drivers of a company, which in turn helps in identifying excellent investment opportunities. Every investment decision is supported by inhouse investment note and financial/valuation model. which is updated at least quarterly.
Simple derivatives are cleverly used to enhance the returns; for instance, naked puts are used to acquire the securities below the market price, covered calls are used to be 'paid for' holding the securities.
Frequently, the expertise of debt and equity is combined to enhance the returns; for instance, by investing into convertible bonds or locking in dividend yields through a combination of put and call. The greatest strength of fund management team is its ability to consistently finding new profit opportunities.
The fund has hurdle rate of 6% and deploys Equalization for fair treatment of its investors. Of course, if an investor desires only 'fixed income exposure' that is possible too. Additionally, fund manager provides its services as External Asset Managers for intelligent investors, faithfully serving the mandate bestowed upon it.

Quick Facts

Category:
  • Directional » Equity Long Bias
Inception Date: 2013-10
Monthly Performance Data:
Nov 2.87%

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