E.I. Sturdza Strategic Management Limited (“EI Sturdza”) proposes to henceforth report performance of the Strategic China Panda Fund (the “Fund”) against the MSCI China NR USD index in addition to the MSCI China PR USD Index, in order to align the performance benchmark to the benchmark utilised in the calculation of the performance fees associated with the Fund. The following chart illustrates the returns of the Fund versus both of the indices for your reference:
For the avoidance of doubt the above adjustments will have no impact on the fee structure associated with the Fund or costs to investors, reporting will however be an adjustment, both in terms of historic periods and moving forward to reflect both variants of the MSCI China Index. As a result performance for both will be displayed within the various communications / documentation released by EI Sturdza, including weekly and monthly reports, EI Sturdza’s website and marketing presentations with immediate effect.
We remain at your disposal should you require any additional information or assistance in this regard.
FOR FURTHER INFORMATION PLEASE CONTACT
Head of Marketing & Client Relations
+44 1481 742380
+44 1481 722322