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General Information
Launch date:
10/27/1999
ISIN:
IE0006076388
WKN:
722729
CINS: G3154U104
Bloomberg: CABCAMI ID
Lipper: 60007137 SEDOL: 0607638
Financial Times: MPCCA
| Historical Net Asset Value per share |
| As Of Date |
NAV$ |
08/31/10 |
1780.26
|
07/30/10 |
1753.24
|
06/30/10 |
1734.11
|
05/28/10 |
1707.58
|
04/30/10 |
1723.34
|
03/31/10 |
1709.32
|
02/26/10 |
1686.96
|
01/29/10 |
1664.89
|
12/31/09 |
1648.02
|
11/30/09 |
1643.85
|
10/30/09 |
1616.54
|
09/30/09 |
1625.34
|
08/31/09 |
1588.96
|
07/31/09 |
1572.47
|
06/30/09 |
1540.67
|
05/31/09 |
1639.22
|
04/30/09 |
1485.52
|
03/31/09 |
1457.56
|
02/27/09 |
1430.26
|
01/30/09 |
1445.80
|
12/31/08 |
1391.41
|
11/28/08 |
1327.58
|
10/31/08 |
1309.70
|
09/30/08 |
1567.06
|
08/29/08 |
1615.48
|
07/31/08 |
1601.67
|
06/30/08 |
1607.28
|
| Historical
Return |
| Year |
Total
Return |
2009 |
18.44% |
2008 |
-13.78% |
2007 |
4.72% |
2006 |
9.02% |
| 2005 |
7.30% |
| 2004 |
2.20% |
| 2003 |
7.15% |
| 2002 |
7.14% |
| 2001 |
7.23% |
| 2000 |
4.15% |
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Net Asset Value per Share (Bank of Ireland Securities Services)
Prices as of September 07, 2010
|
NAV RETURN |
| NAV |
PREV NAV |
CHG |
SHARES |
NET ASSETS |
YTD |
INCEPTION |
| USD 1778.35 |
USD 1782.86 |
USD -4.52 |
53,958.071 |
USD 95,956,177.54 |
7.91% |
77.83% |
Monthly Return (State Street Corporation)
Data as of July 31, 2010
|
2 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
|
| 1 Month | 3 Month | CLDR YTD | 6 Month | 1 Year |
Avg. Ann. | Cumul. |
Avg. Ann. | Cumul. |
Avg. Ann. | Cumul. |
Avg. Ann. | Cumul. |
Avg. Ann. | Cumul. |
Inception Date |
| 0.87 |
1.54 |
6.01 |
5.07 |
11.35 |
4.50 |
9.21 |
4.00 |
12.49 |
4.70 |
25.80 |
5.36 |
68.55 |
5.34 |
74.92 |
10/27/1999 |
Pricing of Securities held in Portfolio
All securities held by the Fund for which market quotations are readily available are valued at the closing price on the primary exchange quoted for the securities (but if bid and asked quotation are available, at the last current bid price, rather than the quoted closing price). Debt securities are valued by independent pricing services approved by the Custodian of the Fund, that is, the Governor & Company of the Bank of Ireland.
If the pricing services are unable to provide valuations, the securities are valued at the most recent bid quotation or evaluated prices as applicable, obtained from a broker-dealer. Such service may use various pricing techniques, which take into account appropriate factors such as yield, quality, coupon rate, maturity, type of issue, trading characteristics and other data, as well as broker quotes.
All other securities and assets for which market quotations are not readily available are taken at probable realization value as determined in good faith by the Directors (or by a Pricing Committee of Directors established for this purpose), with the approval of the Custodian, although the actual calculation may be done by other competent and responsible persons.
Any assets or liabilities initially expressed in currencies other than US Dollars are converted into US Dollars at the closing rate of exchange quoted by a recognized pricing service.
Investment Risks
The Fund's investment activities expose it to the various types of risk which are associated with the financial instruments and markets in which it invests. The following summary is not intended to be a comprehensive summary of all risks and Investors should refer to the Offering Circular for a more detailed discussion of the risks inherent in investing in the Fund.
Market Price Risk:
Market price risk arises mainly from uncertainty about future prices of financial instruments held. It represents the potential loss the Fund might suffer through holding market positions in the face of price movements. The Fund may employ efficient portfolio management techniques to provide a degree of protection against market price falls. The Investment Manager considers the asset allocation of the portfolio in order to minimize the risk associated with particular countries or industry sectors whilst continuing to follow the Fund's investment objective.
Credit Risk:
Financial assets which potentially expose the Fund to credit risk consist principally of the credit risk of the underlying investments and, to a lesser extent, in cash balances and deposits with, and receivables from, brokers. The extent of the Fund's exposure to credit risk in respect of these financial assets approximates their carrying value as recorded in the Fund's Balance Sheet. The Fund will be exposed to a credit risk on parties with whom it trades and will also bear the risk of settlement default. The Fund minimizes concentration of credit risk by undertaking transactions with a large number of counterparties on recognized and reputable exchanges.
Foreign Currency Risk:
The Fund may invest in securities denominated in currencies other than its reporting currency. Consequently, the Fund is exposed to risks that the exchange rate of its currency relative to other currencies may change in a manner which has an adverse affect on the value of that portion of the Fund's assets which are denominated in currencies other than its own currency.
Interest Rate Risk:
The Fund invests in fixed interest securities that earn interest. Any change to the interest rates relevant for particular securities may result in the Investment Manager being unable to secure similar returns on the expiry of contract or the sale of securities. In addition, changes to prevailing rates or changes in expectations of future rates may result in an increase or decrease in the value of the securities held. In general, if interest rates rise, the value of the fixed interest securities will decline along with certain expenses calculated by reference to assets of the Fund. A decline in interest rates will, in general, have the opposite effect. The Fund invests in various currencies at both fixed and floating rates of interest. All investments earn interest except Financial Futures.
Liquidity Risk:
The Fund’s assets comprise mainly realizable securities, which can be readily sold. The main liability of the Fund is the redemption of any shares that investors wish to sell.
Fair Values of Financial Assets and Financial Liabilities:
All of the financial assets of the Fund are held at fair value. Realized gains and losses on financial assets are disclosed in the Income Statement of the Audited Financial Statement and the Un-audited Interim Financial Statement provided in the Fund Literature section of this web site.
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