Zhongcai Marine Whale Fund SP [Formerly known as Zhongcai Algorithm Long Short Fund Series One SP]

Zhongcai Marine Whale Fund SP was formerly known as Zhongcai Algorithm Long Short Fund Series One SP (“the fund”). Since the establishment of the fund, Zhongcai Asset Management Limited (“ZAML”) appointed Mr. Ge Pei Kun as the fund manager, to manage all investment decisions of Zhongcai Algorithm Long Short Fund Series One SP from April 2018 to May 2022. In June 2022, with the unanimous approval of ZAML and Board of Directors of the fund, to officially change the name of the fund from Zhongcai Algorithm Long Short Fund Series One SP to Zhongcai Marine Whale Fund SP in July 2022.

Zhongcai Marine Whale Fund SP is honored for having Mr. Bian Ximing, the Chairman of the Board of Directors of Zhongcai Group and the Company’s major shareholder, to lead the fund. At the same time, the fund appointed Ms. Han Shiyun, the Director and responsible officer of ZAML, as the Fund Portfolio Manager to manage all investment decisions, subscription, redemption and other fund related matters.

Zhongcai Marine Whale Fund SP [Formerly known as Zhongcai Algorithm Long Short Fund Series One SP]

Zhongcai Marine Whale Fund SP was formerly known as Zhongcai Algorithm Long Short Fund Series One SP (“the fund”). Since the establishment of the fund, Zhongcai Asset Management Limited (“ZAML”) appointed Mr. Ge Pei Kun as the fund manager, to manage all investment decisions of Zhongcai Algorithm Long Short Fund Series One SP from April 2018 to May 2022. In June 2022, with the unanimous approval of ZAML and Board of Directors of the fund, to officially change the name of the fund from Zhongcai Algorithm Long Short Fund Series One SP to Zhongcai Marine Whale Fund SP in July 2022.
Zhongcai Marine Whale Fund SP is honored for having Mr. Bian Ximing, the Chairman of the Board of Directors of Zhongcai Group and the Company's major shareholder, to lead the fund. At the same time, the fund appointed Ms. Han Shiyun, the Director and responsible officer of ZAML, as the Fund Portfolio Manager to manage all investment decisions, subscription, redemption and other fund related matters.

Fund Introduction
Zhongcai Marine Whale Fund SP is investing in global markets including the Greater China market. Derivative instruments can be used for investment purpose. The long-short strategy is used to pursue absolute returns. The fund has no fixed benchmark for performance.

Fund Service Providers

Apex Fund Services APPLEBY JMD & Partners CPA Limited

Investment Style
The fund manager will adjust the position ratio and holding period based on the value judgment of the different periods of the position variety.

Investment Strategy
The fund manager will take appropriate investment directions according to market trends and external factors in determining which investments to invest in, in order to achieve long term capital gains.

Investment Risk
The fund is subject to derivatives, leverage and short selling risks. The value of the fund is subject to potentially significant volatility and the risks associated with related counterparty, so it may fluctuate significantly in a short period of time and investor may lost all of the investment.

Fees
Subscription fee: N/A
Redemption Fee: N/A
Management Fee: 1% p.a.
Performance Fee: The performance fee is equal to (i) 8% (in the case where the Appreciation (as defined below) is below 50%) AND (ii) 16% (in the case where the Appreciation is equal to or above 50%) of the appreciation of the Net Asset Value attributable to each Series of Shares above the High Water Mark.

Subscription and Redemption
1. The minimum initial investment for each investor is HK$780,000 and the minimum additional investment for an existing Shareholder is HK$400,000. Shares may be purchased on the first Business Day of each calendar month (each a “Subscription Day”) at a subscription price of HK$1,000 per Share.
2. Shareholders may not request the redemption of any Shares prior to the expiry of six (6) months following the date of issue of the relevant Shares. Except as provided herein, a Shareholder may request redemption of all or part of its Shares as of the first Business Day of January, April, July or October.

The above information is from Zhongcai Asset Management Limited (“ZAML”). ZAML cannot guarantee any accuracy, validity, timeliness or completeness of information. ZAML has expressly refused to recognize any commercial protection, or the appropriateness or liability of a particular purpose. The above information is for reference only. All the terms of the fund will be subject to the Offering Memorandum and the Supplement to the Offering Memorandum.

Zhongcai Marine Whale Fund SP [Formerly known as Zhongcai Algorithm Long Short Fund Series One SP]

From 1 July 2022, the fund is oversee by Mr. Bian Ximing, the Chairman of the Board of Directors of Zhongcai Group and the Company's major shareholder. Ms. Han Shiyun, the responsible officer, is appointed as the Fund Portfolio Manager.

* Regarding the Net Asset Value (NAV): The NAV from April 2018 to June 2022 belongs to Zhongcai Algorithm Long Short Fund Series One SP. Zhongcai Algorithm Long Short Fund Series One SP was renamed to Zhongcai Marine Whale Fund SP with additional subscription on 1 July 2022. The NAV of Zhongcai Marine Whale Fund SP will be reflected since July 2022.

Percentage Change in NAV Net of Management Fees and Performance Fees (%)


Fund NAV (Net of Management Fees and Performance Fees) Comparision with 1st July 2022


Fund monthly NAV%(Net of Management Fees and Performance Fees)


Fund NAV (Net of Management Fees and Performance Fees) Comparision with 1st July 2022


Fund monthly NAV%(Net of Management Fees and Performance Fees)


Fund NAV (Net of Management Fees and Performance Fees) Comparision with 1st July 2022


Fund monthly NAV%(Net of Management Fees and Performance Fees)


Fund NAV (Net of Management Fees and Performance Fees) Comparision with Inception


Fund monthly NAV%(Net of Management Fees and Performance Fees)


Fund NAV (Net of Management Fees and Performance Fees) Comparision with Inception:


Fund monthly NAV(%)(Net of Management Fees and Performance Fees):


Fund NAV (Net of Management Fees and Performance Fees) Comparision with Inception:


Fund monthly NAV(%)(Net of Management Fees and Performance Fees):


Fund NAV (Net of Management Fees and Performance Fees) Comparision with Inception


 

Important information: Investment involves risks. The unit price of the fund may go down as well as up and the past performance presented is not indicative of future performance and investors may lost all of the investment. Investors should refer to the “Risk Disclosure Statement” section of the Subscription Form and contact our licensed representative. To ensure that investors can obtain the fund details, we will explain the details of the fund to investors and conduct a risk assessment to evaluate whether investors are suitable to subscribe the fund. Regarding the above Percentage Change in NAV Net of Management Fees and Performance Fees, it includes new subscription and redemption in current month. The fund NAV is compared with the data on July 1, 2022. It is calculated and compared based on 1,000 units. All data and percentage calculations on the website are for reference only. Investors should not make any investment decisions solely on the information on the website. Shares subscribed by investors at different times are calculated separately. The final calculation method shall be subject to the fund administrator’s calculation method. The actual NAV/share value for each investor should be calculated based on the investor's respective shareholding units/proportions and the fund's NAV performance for the month. If investors wish to obtain more information about the fund, such as the total number of issued shares of the fund, average share value per share and fees etc. Investors can contact our licensed representative directly to obtain more detailed and specific fund overview information. It is recommended that investors should learn more about the fund details or consult independent financial and professional advisors before subscription. If there is any discrepancy between the meaning of the Chinese translation and the English original, the English original shall prevail. ZAML cannot guarantee any accuracy, validity, timeliness or completeness of information. ZAML reserve the right to change any information and figures on the website at any time. ZAML has expressly refused to recognize any commercial protection, or the appropriateness or liability of a particular purpose. All information on this website is provided "as is", and is subject to change without prior notice.

Zhongcai Marine Whale Fund SP [Formerly known as Zhongcai Algorithm Long Short Fund Series One SP]

For inquiries regarding Zhongcai Marine Whale Fund SP, such as fund introduction, subscription or redemption issues, assessment for professional investor or investment preference analysis, please contact us via the following information or enter your contact details below.
enquiries@zhongcai-am.com

 

Disclaimer

I confirmed that I have read and understand the information below.

Disclaimer: ZAML is licensed by the Hong Kong Securities and Futures Commission (“SFC”). However, this website has not been reviewed by SFC and is only provided as a reference service. Information in the website does not constitute an offer or public offering to anyone, nor a solicitation by anyone, to subscribe for shares in any funds. Nothing in the website should be construed as advice and is therefore not a recommendation to buy or sell shares in any funds. Prospective investors are advised to consult their financial advisors or other professional advisors and should take advice from their own professional advisors before making any investment decision.

Funds mentioned in this website are private funds. They are only available and confined to persons who are within the definition of "professional investor" under Hong Kong law.

The contents of this website are based upon sources of information believed to be reliable, however, save to the extent required by law or regulations, no guarantee, warranty or representation (express or implied) is given as to its accuracy or completeness and, ZAML, its group companies, their directors, officers and employees do not accept any liability or responsibility in respect of the information herein. Further, information in this website may be subject to change without notice. Historical results of any investments do not necessarily indicate future performance. You should take advice from own professional advisors before making any investment decision.

Kindly refer to the following links for Sch. 1, Securities and Futures Ordinance (Cap 571) and Securities and Futures (Professional Investor) Rules (Cap. 571D) for the statutory definition of "Professional Investor”:

Sch. 1, Securities and Futures Ordinance (Cap 571) and Securities and Futures (Professional Investor) Rules (Cap. 571D)

 

Disclaimer

Important Information

Zhongcai Asset Management Limited (“ZAML”) is a licensed corporation in Hong Kong by the Securities and Futures Commission (“SFC”).

This website contains information about ZAML and may reference services and products offered by ZAML.

The information provided on the ZAML website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country that would subject ZAML or its affiliates to any registration requirement within such jurisdiction or country.

You are responsible for observing all applicable laws and regulations of their relevant jurisdictions before proceeding to access the information contained herein. By proceeding, you are representing that you have understood and accepted the restrictions set out in this section.

The website is prepared by ZAML and has not been reviewed by the SFC.

No Offer

Neither the information nor any opinions contained in this site constitutes a solicitation or offer by ZAML or any of its affiliates to buy or sell, whether as principal or agent, any securities, futures, options or other financial instruments or provide any related service or investment advice.

No Warranty

Although the information on this site is obtained or compiled from sources believed to be reliable, ZAML cannot and does not warrant the accuracy, validity, timeliness or completeness of any such information.

ZAML expressly disclaims any warranties of merchantability or fitness of a particular purpose or duties of care. All information on this site is provided "as is", and is subject to change without prior notice.

Limitation of Liability

In no event will ZAML or its affiliates be liable or have any responsibility for damages of any kind, whether direct, indirect, special, consequential or incidental, resulting from access or use of, or inability to access or use, this site or any sites or pages linked to this site, including (without limitation) damages resulting from the act or omission of any third party, even if ZAML or its affiliates has been advised of the possibility thereof.

Use of Links

Should the viewer leave this site via a link contained herein, and view content that is not provided by ZAML, the viewer does so at its own risk. ZAML is not responsible for damages or losses caused by any delays, defects or omissions that may exist in the services, information or other content provided in such site, whether actual, alleged, consequential or punitive. ZAML makes no guarantees or representations as to, and shall have no liability for, any electronic content delivered by any third party or have any responsibility, including without limitation, the accuracy, subject matter, quality or timeliness of any electronic content.

Copyright and Trademarks

ZAML and other parties own the trademarks and logos displayed on this site. These may not be used without the written permission of ZAML or the party owning these. Also, the information on this site are protected by copyright and no part of it may be copied, transmitted, disseminated, sold, distributed, published, broadcasted, circulated, stored for subsequent use or commercially exploited in any manner without the prior written consent of ZAML.

Internet Security

ZAML does not represent or warrant that no viruses or other contaminating or destructive properties will be transmitted or that no damage will occur to your computer system. You hereby acknowledge and confirm that the internet is not a secure medium where privacy can be ensured, and that complete security and confidentiality over the internet is not possible at this time.

You have sole responsibility for adequate protection and back up of data and/or equipment and for undertaking reasonable and appropriate precautions to scan for computer viruses or other destructive properties.

ZAML shall not be responsible or liable for any harm that you may suffer in connection with any such breach of confidentiality or security.

ZAML also makes no representations or warranties regarding the accuracy, functionality or performance of any third party software that may be used in connection with this site.

Amendment

The information contained on this site is subject to modification and update from time to time without notice.

Additional Terms

Certain sections or pages on this site may contain separate terms and conditions which are in addition to these terms and conditions.

Governing Law

Use of this site shall be governed by the laws of Hong Kong Special Administrative Region.

Scroll to Top