Olympic Wealth Fund, 'Javelin' Fund Fact sheet February 2015

1. JAVELIN GLOBAL Fund Fact Sheet Class B - February 2015
Cumulative performance % (in denominated currency)
1 month 3 months 1 year 3 years Since launch Launch date
CLASS A 4.69 2.15 81.84 90.42 103.10 January 2012
Calendar year performance % (in denominated currency)
2009 2010 2011 2012 2013 2014 2015 YTD
CLASS B - - - -2.23 -7.14 116.20 2.47
Top holdings (as at 28 February 2015)
Holdings Sector Region
Suncor Energy Inc Basic Materials US
Alibaba Group Holding Ltd Services US
Microsoft Corp Technology US
0
50
100
150
200
250
CLASS B: Investment performance since
inception in January 2012
Minimum Subscription: USD 5,000
Subsequent Investment Minimum: USD 1,000
Initial Fee: Up to 5%
Annual Management Fee: 2%
Performance Fee: 25% (hurdle rate 3%)
Dealing Restriction: Experienced Investors
Asset Manager: Pathway Asset Management
Administrator: Trust Admin UK
Custodian: JP Morgan
Legal Advisor: Harneys Cayman
Auditors: PKF (Cayman) Ltd
Dealing/ Pricing: Monthly
Dealing Day: 1st day of the month
Launch Date: July 2011
Date: 28 February 2015
Denominated currency & NAV per unit: USD 203.10
SEDOL/ISIN code: KYG674931095
Fund details and data at a glance
Olympic Wealth Fund SPC
39%
33%
28% Suncor Energy Inc
Alibaba Group Holding Ltd
Microsoft Corp
Quoted Equity holdings Sector Equity holdings
39%
33%
28% Basic Materials
Services
Technology
Portfolio Review
February was a challenging month due to market turbulence.
Nevertheless, we remain strong and fully invested for long term rather
than short term gains. Active management versus passive management is
our key approach in going forward in this fickle investor market.
We sold our position in healthcare, GW Pharmaceuticals PLC. (GWPH) the
biopharmaceutical company that engages in discovering, developing,
and commercialising cannabinoid prescription medicines, as it performed
well during its tenure. We gained approximately 6% on the purchase price,
but felt the need to take our profit when an important phase 3 testing trial
drug wasn’t approved and the stock took a dip.
Our recent addition of Microsoft Corp (MSFT) was down slightly, but we
anticipate with the March quarter end around the corner, that the news
will be positive.
Our global outlook remains optimistic despite challenges in the Eurozone
and a deteriorating Latin America market. Our approach is to align
ourselves with various markets that we see being profitable for the Fund
or limit exposure when it becomes detrimental. The Federal Reserve in
the US meets shortly and predictions are that interest rates may increase.
This will cause some increased activity in the markets, but should be no
cause for alarm. The Fund will seek to capture any opportunities that may
arise as a result of these changes.
Finally, we sold some property that the Fund owned at a gross profit of
circa +10%. In addition, a private equity asset owned by the Fund, having
undergone its annual valuation, has contributed beneficially to the Fund
this month, lifting the NAV into positive territory.
Olympic Wealth Fund SPC is an open-ended segregated portfolio company
incorporated in the Cayman Islands, registered number 252081.
Javelin Global is a cell company of the Olympic Wealth Company SPC.
Asset Manager: Pathway Asset Management
Direct Line: +44 (0) 203 755 3457
Dealing Fax: +44 (0) 207 170 4001
Email: enquiries@pathwayam.pro
Address: Winchester House
259-269 Old Marylebone Rd, London, NWI 5RA
This fact sheet and the information it contains has been produced by Olympic Wealth Management in conjunction
with the Fund Manager, Pathway Asset Management with the aim of providing information to current and prospective
investors to the Fund.
It should be noted that this fact sheet itself, does not represent an offering and should be read in conjunction with
the Fund’s Offering Memorandum which provides detailed information on the Fund including investment type,
investment strategy and leverage limits. Please note that past performance does not guarantee future payments and
that the value of the income derived from investments may fluctuate up or down and investors into the Fund may not
get back their original investment.
Further information regarding Javelin Global Emerging Markets SP Fund can be obtained from the Offering
Memorandum document available on our website: www.olympicwealth.com
Investment Objective
Javelin Global is a global equity fund designed for the more risk appreciative
client.
The investment objective of the Fund is to provide capital appreciation
over the medium to long term investment cycles by employing Warren
Buffet’s ‘Focus Investing’ approach. This involves investing in equities from
the perspective of buying into a business which is well run, has a distinct
marketing edge and has a high probability of above average performance.
Historically the Fund has had a focus on stocks in the UK and the US but
has now shifted to the global markets where we believe more opportunities
exist with a broader mandate.
Disclaimer
Class B: Investment performance since inception in January 2012
0
50
100
150
200
Jul-11
Oct-11
Dec-11
Feb-12
Apr-12
Jun-12
Aug-12
Oct-12
Dec-12
Feb-13
Apr-13
Jun-13
Aug-13
Oct-13
Dec-13
Feb-14
Apr-14
Jun-14
Jul-14
Oct-14
Nov-14
CLASS A: Investment performance since
inception in July 2011
NAV (USD)
0
20
40
60
80
100
120
140
160
180
CLASS A: Investment performance since
inception in July 2011