Olympic Wealth Fund, Marathon Fact sheet January 2015

1. Marathon Freedom Fund SP Fund Fact Sheet Class A - January 2015
Cumulative performance % (in denominated currency)
1 month 3 months 1 year 3 years Since launch Launch date
CLASS A 0.00 0.00 -11.59 - 109.71 May 2013
Calendar year performance % (in denominated currency)
2009 2010 2011 2012 2013 2014 YTD
CLASS A - - - - -2.82 -1.61
Top five holdings (as at 31 January 2015)
Holdings Sector Region
Arch Financial Financial Services UK
Apple Consumer Goods Global
Wells Fargo & Co Financial US
Union Pacific Services US
Facebook Inc Technology US
0
50
100
150
200
250
300
CLASS A: Investment performance
since inception in May 2013
Minimum Subscription: USD 25,000
Subsequent Investment Minimum: USD 1,000
Initial Fee: Up to 5%
Annual Management Fee: 2%
Performance Fee: 25% (hurdle rate 5%)
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: May 2013
Date: 30 November 2014
Denominated currency & NAV per unit: USD 220.54
SEDOL/ISIN code: KYG674931251
Fund details and data at a glance
Olympic Wealth Fund SPC
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)
22%
20%
18%
11%
11%
6%
6%
6%
Apple Inc
Wells Fargo & Co
Union Pacific Corp
Facebook Inc
Avis Budget Group Inc
Schlumberger Ltd
Johnson & Johnson
Micron Technology Inc
Quoted Equity holdings Private Equity holdings
73%
27%
Arch Financial
Property
Portfolio Review
January was quiet for the fund but the advantage of the fund being a
balance portfolio is that whilst some stocks may perform poorly, others
are busy and shine. The focus in January for the markets was still the
Eurozone and the Greece bailout and what will be the likely outcome of
further austerity measures or an outright default. Also weighing heavily
on global markets was whether to pursue further sanctions on the Russian
economy as a result of tensions in eastern Ukraine.
There was no trading activity for the month as we played the waiting
game. We monitored the earnings season attentively but we did not
identify any attractive purchases to be had based on the funds stock
selection parameters. That said, Apple continues to be our top performer
surpassing the 40% growth barrier. We expect Apple to show significant
growth in 2015 as they look to release the iWatch towards the end of
March just in time for their 2nd Quarter earnings report. iPhone sales were
fantastic over the Christmas season and that momentum is also projected
to continue in 2015.
Over the next quarter we will continue to monitor the global economies
along with oil prices. The US stopping its bond buy back and increasing
interest rates should have a positive effect on the markets as their
economy continues to grow. We will watch the outcome of Greece and
their inability to pay back their debt which seems impossible at this stage
but also, whether they will continue to be part of the European Union.
Oil doesn’t seem to be stabilizing just yet, however we know the reason
for this decline is excess supply. Therefore in the short term these low
prices will always benefit the tax structure of a country that is an importer
of oil which is then passed on to the consumer. More disposable income
doesn’t always lead to increased investment into the markets but it sure
boosts the bottom lines of the consumer companies who are poised to
take advantage.
Olympic Wealth Fund SPC is an open-ended segregated portfolio company
incorporated in the Cayman Islands, registered number 252081.
Marathon Freedom Fund SP 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 Marleybone 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 Marathon Freedom Fund SP can be obtained from the Offering Memorandum document
available on our website: www.olympicwealth.com
Investment Objective
Marathon Freedom Fund SP is a global, multi-asset Fund that seeks to offer
clients the benefits from investment techniques which are typically exclusive
to large investment Funds.
The Fund is a medium risk Fund that aims to provide our clients with capital
growth but in a balanced manner.
This involves the assets being invested in a combination of fixed income
securities, mutual funds and selected stocks. The focus is currently on the
global market where we believe more opportunities exist with a broader
mandate.
Disclaimer
Class A: Investment performance since inception in May 2013