Advance Opportunities Fund I

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Advance Opportunities Fund I is a hedge fund with an active trading strategy in convertible securities.

Fund Facts

Fund Type: Debt and equity fund
Fund Currency: USD, SGD
Fund Size: USD 8,927,018.80
Performance since inception: SGD 159.07% | USD 162.54%
Sharpe Ratio: 1.20
Inception Date: Sep 2016
Fund Investor Type: Accredited Investors, Institutional Investors

*Updated as of Aug 2021

Why Does the Redeemable Convertible Notes (RCN) Programme Work?

Inherent Gap in Equity Capital Raising for Listed Companies

  • Stock Markets are not efficient for smaller or illiquid listed companies
  • Banks cannot place out these stocks, or may be too small (or too large)
  • Liquidity and volatility in the market if not placed out in orderly manner

RCNs Value Proposition to Smaller Listed Companies

  • Ability to do placements in a time-managed manner
  • Ability to increase free float of shares, increasing liquidity
  • Listed companies can plan their businesses according to the expected rate of placements

AOFI Value Creation for Investors

  • Inherent Investment Bank capabilities + Trading Strategies (VWAP, Algo)
  • Velocity of Shares Traded creates multiplier effect on returns
  • Reducing Value at Risk per exposure at all times (eg toxic CBs)

KEY COMPONENTS OF RCN PROGRAMME

It begins when a listed company needs new capital for growth.

FUND'S ASSET ALLOCATION

Allocation by Region and Industry
* Updated as of Aug 2021

PERFORMANCE DATA OF THE FUND

Fund Performance Graph of Class D in SGD
(since fund inception)

* Updated as of Aug 2021

Advance
Opportunities
Fund I

FUND MANAGER
ZICO Asset Management Private Limited

FUND DOMICILE
Cayman Islands

FUND ADMINISTRATOR
ASCENT Fund Services (Singapore) Pte. Ltd.

CUSTODIAN
CGS-CIMB Securities (Singapore) Pte Ltd

LEGAL ADVISORS
ZICO Insights Law LLC (Singapore law) & Conyers Dill & Pearman Pte Ltd (Cayman Islands law)

AUDITOR/TAX ADVISOR
Squar Milner (Cayman) Ltd