Quick contact info

Pheim Unit Trusts Berhad 7th Floor Menara Hap Seng (Letter Box 12), No. 1 & 3 Jalan P. Ramlee, 50250 Kuala Lumpur. Monday-Friday: 9am to 5pm Saturday: 9am to 1pm Tel: +(603) 2142 8888 Fax: +(603) 2141 9199 Email: support@pheimunittrusts.com
Image Alt


Important Note:
Pheim SICAV-SIF-Vittoria Fund is not marketed/promoted in Malaysia. To know more, investors may contact Pheim via the channels provided at the bottom of this page on a “reverse enquiry” basis.

Fund Goals / Features

Pheim SICAV-SIF-Vittoria Fund was re-domiciled in Luxembourg as a sub-fund of Pheim SICAV-SIF effective from 26th Oct 2012. The sub-fund is  suitable  for  investors  who  adopt  a  long-term  view  and  wish  to  achieve  capital gains with  focus  in  the  Asia  Pac (excluding)  Japan  region.  The fund  is denominated in USD and is managed by NPB Neue Privat Bank AG, and sub-managed by Pheim Asset Management Sdn Bhd (“Sub-Investment Manager”). Banque Degroof Petercam Luxembourg is the custodian and the auditors are PricewaterhouseCoopers Luxembourg.

The fund is limited to well-informed investors (the “Well-Informed Investors”) who have expressed an interest in investing in the fund (the “Fund”). Pursuant to the 2007 Law, Well-Informed Investors refer to (i) an institutional investor, (ii) a professional investor and (iii) or other special investors as specified in the “Offering Document of Pheim SICAV-SIV-Vittoria Fund”.

Equity/Growth Fund

Asset Allocation & Benchmark

The Fund adopts an investment policy and invests mainly in Equities, Bonds, Warrants and Other Securities issued by Limited Liability Companies and Derivatives (including Options, Forward or Futures Contracts) listed, unlisted or traded on any Stock or Futures Exchange with a focus principally but not exclusively in the Far East Ex-Japan region. It aims to derive long-term capital appreciation on its assets. Prior to identification and commencement of investments and as a result of dispositions, idle cash of the Sub-Fund will be invested in High-Grade Short-Term Investments or deposited with established financial institutions. The Investment Manager may seek to increase the return on the Sub-Fund by making short sales or maintaining short positions subject to such limitation and regulations as are prescribed by Luxembourg Law and the laws of the respective country.

An incentive fee is payable to Sub-Investment Manager when the fund outperforms the previous high watermark which is either the higher of 5% or 12-month US$ LIBOR + 2%, where the 12-month US$ LIBOR is the rate as at the end of the preceding calendar year.

Fund Awards & Accolade – Morningstar Ranking

Over the past 20 years , the Fund has established a good long-term performance track record. PHEIM SICAV-SIF-VITTORIA was ranked No. 1 by Morningstar Inc. in terms of performance from among over 1330 of its peers for the 6-month period as at 30th November 2021.


Source: Morningstar

PHEIM SICAV-SIF-VITTORIA’s Best Performing Stocks Of 2021

PHEIM SICAV-SIF-VITTORIA often seeks out high-potential stocks, including those in the technology and manufacturing (wood products) sector. In the 1st first half of 2021, the 4 top performing stocks were PT Digital Mediatama Maxima (DMMX) (+1605.53%), PT M Cash Integra Tbk (M CASH INTEGRA) (+1123.58%), PT NFC Indonesia Tbk (NFCX INDO) (+755.21%), and PT Integra Indocabinet Tbk (+170.12%). These stocks played a key role in boosting PHEIM SICAV-SIF-VITTORIA’s performance for 2021.

SecurityCost as at 31 Dec 2020Price as at 30 Jun 2021Price ChangesPrice as at 20 Aug 2021Price Changes
DMMX (IJ)197.031,580.00+702.00%3,360.00+1,605.53%
M CASH INTEGRA (IJ)1,166.667,950.00+581.43%14,275.00+1123.58%
NFCX INDO (IJ)1,561.025,750.00+268.35%13,350.00+755.21%
INTEGRA INDO (IJ)275.80740.00+168.31%745.00+170.12%

Source: Pheim Asset Management Sdn Bhd (“PAMSB”)

Fund Performance – Last 10 Years

Fund Annual Return24.49%3.27%7.78%-11.03%1.76%27.27%-17.10%7.19%31.43%1.64%
MSCI FE x JPN19.00%1.28%0.54%-11.75%-3.51%38.61%-17.20%16.79%23.04%-10.11%
Outperformance  +5.49%+1.99%+7.24%+0.72%+5.27%-11.34%+0.10%-9.60%+8.39%+11.75%
Years 2011 – 20122011 – 20132011 – 20142011 – 20152011 – 20162011 – 20172011 – 20182011 – 20192011 – 20202011 – 2021
Fund Cumulative Return Since 31 December 201124.49%28.30%37.87%23.28%25.46%59.67%32.36%41.88%80.64%89.53%
MSCI FE x JPN19.00%20.52%21.17%6.94%10.70%53.90%27.43%48.43%83.11%64.61%

Source: Lipper IM, Bloomberg & Morningstar

Fund Performance - Since 31 July 2001

PHEIM SICAV-SIF-VITTORIA FUND vs Benchmark Return* Movement Chart
31 July 2001 to 31 December 2021

*Benchmark Return is either the higher of 5% or 12-month US$ LIBOR + 2%, where the 12-month US$ LIBOR is the rate as at the end of the preceding calendar year

Source: Lipper IM & Bloomberg

Fund Performance – Long-Term Performance Review

PHEIM SICAV-SIF-VITTORIA has established a good long-term track record with the fund outperforming the benchmark by +14.02%, +2.24%, +24.92% and +36.40% for the 3-,5-,10-, and 15-year periods ended 31 December 2021, respectively.

Cumulatively since 31st July 2001, PHEIM SICAV-SIF-VITTORIA registered at a total return of 423.56% for 20 years and 5 months, outperformed the cumulative benchmark return (292.53%) by a big margin of +131.03% as at 31 December 2021. The annualized return since 31st July 2001 was 8.45% (versus benchmark return of 6.90 %), outperformed by +1.55% as at 31 December 2021.

As at 31 December 2021
PeriodSICAV-SIF-VITTORIAMSCI Far East Ex-Japan*Outperformed By
Since 31 July 2001423.56%292.53%+131.03%
Annualised Return Since 31 July 20018.45%6.90%+1.55%

* MSCI AC Far East Ex Japan Index

Source: Morningstar & Bloomberg

Contact Us

Pheim Asset Management (Asia) Pte Ltd
43 Duxton Road, Singapore 089507
Tel: (65) 6227 9928 Fax: (65) 6225 9912
Email: operations@pheim.com.sg
Website: www.pheim.com.sg

Sub-Investment Manager:
Pheim Asset Management Sdn Bhd (269564-A)
4th Floor, UBN Tower (Letter Box No.18)
No. 10, Jalan P. Ramlee, 50250 Kuala Lumpur, Malaysia
Tel: (603) 2031 6407 Fax: (603) 2031 6408
Email: pheim@pheimunittrusts.com