All Star Nomura China Fund open for business

Introductory fee sale
 

The All Star Nomura China Fund launches in Australia today with a special introductory total management fee of only 0.87 per cent per annum for new investors.

This lower fee will apply for applications accepted for the one month period starting from 1 March.*

The All Star Nomura China Fund is being offered through the All Star Funds, while BDM Australasia - as the appointed executive business development manager - will take responsibility for distribution.

The Fund is being managed by Nomura Asset Management Singapore Limited, a wholly-owned subsidiary of Nomura Asset Management (NAM).  NAM manages funds of $260 billion globally - including $4.5 billion in Chinese assets - and has more than 20 asset managers and analysts based throughout the Asia Pacific region, including an investment team in Hong Kong.

The Sydney-based Economic and Commercial Consul for the People's Republic of China, Mr Fu Hao, welcomed the opportunities the Fund would create for Australian investors.

"Nomura is providing a wonderful platform for all Australians to share in the benefits of investing in what is one of the world's biggest and fastest growing economies," he said.

"Strong retail investor support for the Nomura Fund will also be a further extension of the important economic relationship that currently exists between China and Australia.:

A copy of the Product Disclosure Statement is available here.
PDS & SUPP - Nomura China Fund 2009

For further information:
Anissa Cavallo
Managing Director
BDM Australasia
Phone: 0434 356 973

About All Star Funds Management Limited
Each All Star Fund has a single specialist managed appointed to manage its assets and is accessed exclusively through All Star in the retail/platform market.  Investment managers are appointed after a rigorous process which incorporates independent research prior to selection.  The other All Star Funds are the top performing All Star IAM Australian Share Fund and the All Star Income Fund.  Ventura Investment Management Ltd is the appointed responsible entity.

About BDM Australasia
BDM Australasia employs specialist distribution staff to represent selected fund managers to the financial planning market.  They draw on their vast network of advisers, seeking their individual feedback, to discover opportunities and presnt new products to the industry.  This bottom up approach to product selection ensures that the funds they represent meet the needs of the ultimate client - the investor.

Fund Manager Profile
Nomura Asset Management Singapore Limited is part of Nomura Asset Management (NAM), a wholly-owned subsidiary of Nomura Holdings Inc.  NAM currently has over A$260 billion in funds under management globally, including A$4.5 billion in Chinese assets (30 September 2009).  NAM believes that they differentiate themselves from others for a number of key reasons.  These include: their disciplined investment process that has been tested through different market periods; locally based managers and analysts enabling them to identify opportunities at an early stage; and a dedicated team of more than 20 portfolio managers and analysts based in Hong Kong, Singapore and Malaysia covering the Asia Pacific ex-Japan region, of which five portfolio managers are based in Hong Kong.

Disclaimer
Information contained in this release is of a general nature only.  It is not intended as advice, as it does not take into account your individual objectives, financial situation or needs.  Before acting on this document, you should obtain advice from a licenced adviser.  Investment can only be made on an application form attached to the PDS or through and IDPS operator using the IDPS version of the IDPS, both as issued by Venture Investment Management Limited ACN 092 375 258, AFSL 253 045 as the responsible entity dated 8 December 2009.  Copies of the PDS are available from BDM Australasia or from Ventura.

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