Welcome to Asia Frontier Capital
Asia Frontier Capital Ltd is a leading fund management company specializing in investing in high-growth frontier economies in Asia through the management of AFC Asia Frontier Fund and AFC Vietnam Fund.
The AFC Asia Frontier Fund invests in publicly traded equities of frontier economies in Asia that are experiencing rising consumption due to favorable demographic and income trends and high GDP growth. The Fund invests in the listed equity of companies with primary business activities in Bangladesh, Bhutan, Cambodia, Iraq, Laos, Maldives, Mongolia, Myanmar, Nepal, Pakistan, Papua New Guinea, Sri Lanka and Vietnam. The AFC Asia Frontier Fund is positioned to capitalize on the economic transformation in these countries and provide high income combined with significant diversification opportunities. The Fund is led by Asia Frontier Capital Founder and CEO Thomas Hugger, who has invested in frontier markets across Asia and Africa for over 20 years.
The AFC Vietnam Fund was launched on December 11, 2013, under the executive leadership of Thomas Hugger, Mr. l and Andreas Vogelsanger, who have over 50 years of experience in managing investments in frontier markets such as Asia and around the world. The fund invests exclusively in Vietnamese equity to capture gains in growth companies, particularly small to medium-sized companies. The fund’s Chief Investment Officer, Andreas Karall, noted that more than 100 of the listed Vietnamese stocks have P/E ratios between 6x and 7x and are trading around record prices. Most of these companies have dividend yields of more than 9% and some have cash positions that are almost as high as their market capitalization.
For more information about the fund, its leadership and investment strategy, please contact
AFC Asia Frontier Fund
Net Asset Value Index Rotation in US Dollars (Class A)
Asia Frontier Capital Limited, a fund management company headquartered in the Cayman Islands, has completed the opening of its funds to investors. The Cayman Islands-based funds, "AFC Asia Frontier Fund" are open to US investors only and "AFC Asia Frontier Fund (non-US)" are open to non-US investors only.
Subscriptions to the fund are made on a monthly basis and close 5 days before the last day of each calendar month. There are 2 classes of shares and the currencies are based on the US dollar, Swiss franc and euro.
To request registration documents or find more information about investing in our funds, please contact
| Class A | Class B | |
|---|---|---|
| Management costs | 1.8% per year on net asset value | 1.5% per year on net asset value |
| Implementation costs | 10% of net asset value over 3 months at USD LIBOR + 2% and high water mark | 8% net asset value over 3 months at USD LIBOR + 2% and high water mark |
| Subscription | 5 business days before the last day of each calendar month | 5 business days before the last day of each calendar month |
| Payment | Monthly Net Asset Value - 90 days notice | Monthly net asset value - 180 days notice |
| Fund's base currency | US Dollar Euro Franc | US Dollar Euro Franc |
| Minimum initial investment: | USD 25,000 for US dollar shares | USD 25,000 for US dollar shares |
| EUR 25,000 for Euro shares | EUR 25,000 for Euro shares | |
| CHF 25,000 for Swiss shares | CHF 25,000 for Swiss shares | |
| Valuation day | Last day of each calendar month | Last day of each calendar month |
AFC Vietnam Fund
Net asset value index rotation in billion dollars
Asia Frontier Capital (Vietnam) Limited is the Cayman Islands-based investment manager of the "AFC Vietnam Fund." The fund aims to achieve long-term capital appreciation for investors by capturing opportunities in growth companies, particularly small to medium-sized companies.
The AFC Vietnam Fund is managed by the executive team of Thomas Hugger, Andreas Karall and Andreas Vogelsanger. The team has over 75 years of experience in investing, including in Asia, having held senior positions in Cambodia, Hong Kong, Singapore, Sri Lanka and Thailand.
For more information about the performance of this fund or to view our Factsheet and Investor Presentation, please contact
| Class C | |
|---|---|
| Management costs | 1.8% per year on net asset value |
| Implementation costs | 12.5% net asset value above high water mark |
| Subscription | 5 business days before the last day of each calendar month |
| Payment | Monthly net asset value - 60 days notice |
| Base currency Fund | US dollar |
| Minimum initial investment | 10,000 US dollars |
| Valuation day | Last day of each calendar month |
Contact AFC
Registered Office:
Asia Frontier Capital Ltd.
89 Nexus Way
Camana Bay
Grand Cayman KY1-9009
Cayman Islands
Head Office:
Asia Frontier Investments Ltd.
1805, 18/F, Hing Yip Commercial Centre
272-284 Des Voeux Road Central
Hong Kong
Tel: +852 3904 1015
Fax: +852 3904 1017
Email:
Sheung Wan Station, Exit A1 (Island Line)
Asia Frontier Investments Ltd. is licensed by the Hong Kong Securities and Futures Commission "SFC" for Type 4 (Advising on Securities) and for Type 9 (Asset Management)