CLSE

Convergence Long/Short Equity ETF

Russell 3000 TR USD

NAV as of 02-Oct-2023

16.3110

4 Week: 16.11 - 16.46

52 Week: 13.98 - 16.46

Latest Closing Price

16.31

Premium / Discount

-0.03

Expense Ratio

1.25%

Investment Objective

The investment seeks long-term capital growth. The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.

Main Fund Characteristics

Fund Manager:
Convergence
Asset Under Management:
36,856,322
Launch Date:
28/12/2009
Asset Class:
Equity
Replication Method:
Not Applicable
Number of Holdings:
158
Trading Currency:
USD
Style:
Mid Blend
Region/Sector/Strategy:
N.A / N.A / Long / Short Equity
Exchange:
CBOEBZX

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD10.910.6117.83
1 Day-0.110.000.00
1 Week1.061.670.64
1 Month-0.302.95-0.10
3 Months3.465.000.69
6 Months7.176.901.04
1 Year15.8910.661.49
2 Years0.000.000.00
3 Years0.000.000.00
5 Years0.000.000.00
10 Years0.000.000.00

Price History

-

Annual Performance Return

2013201420152016201720182019202020212022
Price (%) 31.279910.7905-0.041112.392217.7900-1.918314.4002-6.870232.9292-7.2445
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 9.000010.000037.00008.000017.000022.000033.000086.00006.000042.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
14/12/202218/12/20220.1250

Portfolio Data

Total Number of Holdings: 158

Number of Bond Holdings: 0

Number of Equity Holdings: 156

Total Market Value: 36,856,322

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
N.A

Country Exposure

Regional Exposure

America

Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio
Giant36.28
Large22.36
Medium28.30
Small28.42
Micro0.00

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

Value Measures

Price/Prospective Earnings*

16.1245

Price/Book*

1.4957

Price/Sales*

1.3363

Price/Cash Flow*

6.7376

Dividend Yield*

2.0236

Growth Measures

Long-Term Earnings

10.3964

Historical Earnings

4.4084

Sales Growth

12.2117

Cash-Flow Growth

-4.7548

Book-Value Growth

5.4365

*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings

0

Bond Statitics

DetailValue
Average Effective Duration0
Average Effective Maturity (Years)*0
Average Credit Quality0
Average Weighted Coupon*0
Average Weighted Price*0

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
N.A

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
N.A

Data Source: Morningstar

© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:

(1) include the proprietary information of Morningstar and Morningstar’s third party licensors;
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.

Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.

Contact us to Open an Account

Need Assistance? Share your Details and we’ll get back to you