Chou Asia
Fund Price: $15.18 (as at July 23, 2010) 1-week chg: -0.17% YTD: 3.75%
Returns as at June 30, 2010
| Fund | Group Avg | Index* | |
|---|---|---|---|
| 1 Month | -2.18% | -2.60% | -2.60% |
| 3 Months | -3.72% | -7.41% | -7.39% |
| 6 Months | 3.99% | -5.38% | -5.31% |
| 1 Year | 24.29% | 11.60% | 11.23% |
| 2 Year Avg | -1.51% | -9.15% | -7.86% |
| 3 Year Avg | 0.94% | -11.55% | -10.78% |
| 4 Year Avg | 7.74% | -3.72% | -3.90% |
| 5 Year Avg | 7.95% | -0.83% | -1.03% |
| 10 Year Avg | - | 1.38% | -0.32% |
| 15 Year Avg | - | 5.51% | 6.61% |
| 20 Year Avg | - | 8.63% | - |
| Since Inception | 9.21% | - | - |
| 2009 | 21.71% | 34.60% | 32.83% |
| 2008 | -17.63% | -37.84% | -39.03% |
| 2007 | 16.25% | -4.26% | -1.37% |
| 3 year risk | 12.23 | 22.87 | 20.55 |
| 3 year beta | 0.25 | 0.97 | 1.00 |
*Globe Global Small/Mid Cap Eqt Peer Indx
Growth of $10,000
Risk Measures as at June 30, 2010
Best/Worst 12 months (since inception)
| Best (ending Apr 10): | 35.47 |  |  |
| Worst (ending Jun 09): | -21.95 |  | |
Volatility meter (Based on 3 year standard deviation from Globefund.com)
Low
High Fund Objectives
The Fund's objective is to provide long-term growth of capital by investing primarily in the securities markets of Asia considered by the Manager to be undervalued. Investments may be made in securities markets outside of Asia. Investments may include common and preferred shares, convertible debentures, government and corporate bonds and short-term indebtedness.
Fund Facts
| Fund Sponsor: | Chou Associates Management Inc. |
| Managed by: | Chou Associates Management Inc. |
| Fund Type: | MF Trust |
| Inception Date: | August 2003 |
| Asset Class: | Global Small/Mid Cap Equity |
| Quartile Rank: | 1 (3YR ending June 30, 2010) |
| Total Assets: | $58.7 million |
| Mgmt Exp. Ratio (MER): | 1.76% |
| Management Fee: | 1.50% |
| Load Type: | Front End |
- Globe 5-Star Rating:
- RRSP Eligible:
- Canadian
- Min. Invest (initial):
- $5,000
- Subsequent:
- $500
- Min. Invest (initial RRSP):
- -
- Subsequent RRSP:
- -
- Closed:
- No
- Restricted:
- No
- Restriction:
Asset Allocation March 31, 2008
Equity Sector Weightings March 31, 2008
Fund Geography March 31, 2008
Top Holdings as at March 31, 2008
| Symbol | Company Name | Sector | Geographic Area | Asset Type | % of Total Assets | Performance as at July 29, 2010 1 Year Performance (%) | |||
|---|---|---|---|---|---|---|---|---|---|
| HF-T | Hanfeng Evergreen | Other Services | Canada | Stock | 18.99 | 9.76 | | | |
| UTSI-Q | UTStarcom | Telecommunications | United States | Stock | 16.96 | 22.62 | | | |
| CHT-N | Chunghwa Telecom | Telephone Utilities | Taiwan | Stock | 14.67 | 5.59 | | | |
| GVC-T | Glacier Media | Publishing & Printing | Canada | Stock | 13.35 | 57.52 | | | |
| - | Sankyo Co. Ltd. | - | Canada | Stock | 12.27 | - | | | |
| NZT-N | Telecom Corp of New Zealand | - | United States | Stock | 5.84 | -21.72 | | | |
| SKM-N | SK Telecommunications Co. | Telecommunications | United States | Stock | 5.22 | -0.25 | | | |
| SHLD-Q | Sears Holdings | Department Stores | United States | Stock | 4.93 | 3.27 | | | |
| - | Delta Electronics Inc. | - | United States | Stock | 4.08 | - | | | |
| - | Hutchison Telecom. Int'l. | - | United States | Stock | 1.48 | - | | | |
Distribution Report (18 months up to July 29, 2010)
Frequency of Income Distributions: Annually
Frequency of Capital Gain Distributions: Annually
| Date | Income Dividend | Capital Gain | Total (Current Period) | Trailing 12-Months Total | Reinvestment Price |
|---|---|---|---|---|---|
| Dec 31, 2009 | 0.2774 | 0.2774 | 0.2774 | 14.636 |
Portfolio Manager(s)
Francis Chou
Chou Associates Management Inc.
Start Date: September, 2003
Fund Return: 9.21%
Also manages:Chou Associates, Chou Bond, Chou Europe, Chou RRSP
