Performance | Top 5 Holdings | Fund Data
The Green Dragon Fund was launched in October 2006 as one of the first regional hedge funds to focus on Asian environmental growth. Green Dragon targets well-managed growth companies with operating exposure to technologies and services addressing environmental needs in Asia. The fund will look to short-sell companies that are likely to experience earnings erosion from policy and regulatory changes. The fund may also invest in carbon credits as well as derivatives of the carbon emissions trading systems. The fund is managed by Jeremy Higgs and Keith Olson.
Green Dragon's aim is to provide strong absolute returns to its investors. To do our part, Bowen will donate a portion of its management fees to charities active in environmental conservation and education in Asia.
Fund Reports
Download Green Dragon's NAV series. *Fund reports and Termsheets are available on request to info@bowenasia.com.
Performance
(NAV per share in US$)
as of November 2008
| Performance |
Green Dragon Fund |
| Year-to-date |
- 55.9% |
| 12 months |
- 55.3% |
| Three years(CAGR) |
NA |
| Since inception(CAGR) |
-17.2% |
Top 5 Holdings
as of November 2008
| Babcock & Brown Wind |
Wind |
11.9% |
| EDC |
Geothermal |
9.6% |
| Daiseki |
Waste Management |
9.0% |
| Japan Wind |
Wind |
8.3% |
| China Everbright |
Waste Management |
8.0% |
Fund Data
| Inception |
October 3, 2006 |
| Registration |
Cayman Islands |
| Currency |
US$ |
| Minimum investment |
US$ 100,000; thereafter $50,000 |
| Management fee |
1.5% per annum |
| Performance fee |
15% (High water mark) |
| Redemption fee |
5% Up to 4 months
2% between 4-12 months |
| Subscription |
Monthly |
| Redemption |
Monthly with 10 business days notice |
| Administrator |
HSBC Institutional Trust Services (Asia) |
| Prime Broker |
Goldman Sachs |
| Auditor |
PricewaterhouseCoopers |
| Legal Advisors |
Maples and Calder |
| Weekly NAV |
Unofficial estimate on Request |
*Prospectuses and Application Forms are available from Bowen Asia. For more information please contact info@bowenasia.com.
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