Dominion CHIC manager claims fund is more than just ‘handbags and jewellery'

Malta-domiciled fund returned 81.42% over three years by tapping into burgeoning luxury brand market, with focus on EMs.

The €25m (£21m) Malta-domiciled Dominion CHIC fund has recently been opened to UK investors and is starting to build a reputation, despite the boutique asset manager’s relatively low profile. According to Morningstar, the fund has returned 81.42% over three years and 3.1% over one year, against respective IMA Global sector averages of 60.39% and -1.1%. However, the group has not yet put the fund up for inclusion in the IMA Global sector. This equities-focused fund taps into the burgeoning luxury brand market, with a particular focus on emerging market growth. Its largest weighting is...