Chelsea Securities Limited is the sole investment manager to The South Pacific Fund. The Fund is listed under the Quilvest Group - a Luxembourg based family of funds and established Private Bank with a 90 year history and USD six billion dollars of assets under management.
The aim of The South Pacific Fund is to invest in high quality companies who appear undervalued and for which value will be realized in the near future in the form of capital appreciation of the stock price. Investment decisions are predominately based on company valuations, the potential for future growth, as well as a payout of stable and growing dividends.
The fund can be described as an open-ended, long-only equity fund, significantly weighted to the Hong Kong and Australian stock markets. The fund is not geared in any way, other than the occasional use of equity warrants. There is no intention to make use of call / put functions or futures contracts to achieve its investment objectives .