i Capital Global Fund

Incorporation
Domicile: Cayman Islands
Date of Incorporation: 6 Feb 2007
Fiscal Year end: 30 April
Type: Open-end structure

Minimum Investment
Minimum initial investment: US$100,000
Minimum subsequent investment: US$10,000

Subscription and Redemption
Subscription: Anytime, pricing will be based on the month-end NAV.
Lock-in period: 1 year
Redemption: Mar, Jun, Sep, Dec
Redemption notice: Minimum 2 months before redemption quarter.
Minimum redemption: US$10,000

Fee structure
Loadings: Zero
Management fee: 1.5% p.a. (payable quarterly)
Performance fee: Chargeable if the Fund’s NAV meets the following 2 criteria:
i) NAV exceeds 6% annual rate of return and
ii) NAV exceeds 6% annual compound rate of return

The performance fee will be 20% of the amount exceeding 6% of net annual rate of return.

i Capital Global Fund operates under the purview of the Cayman Islands Monetary Authority (CIMA). The CIMA’s main functions are to maintain a sound financial system, to promote and enhance market confidence and to protect the consumer and the reputation of the Cayman Islands as a financial centre. The Authority’s existence ensures the development and implementation of a regulatory regime which complies with international expectations and also enhances the competitiveness of Cayman Islands as one of the largest financial centres of the world.

Capital Dynamics (S) Pte Ltd (CDPL) invests in 43 stock markets globally from 41 countries.

Where We Invest
Report Title Date As At
72 1st Quarterly Report 2025 31/07/2024
71 Annual Report 2024 30/04/2024
70 4th Quarterly Report 2024 30/04/2024
69 3rd Quarterly Report 2024 31/01/2024
68 2nd Quarterly Report 2024 31/10/2023
67 1st Quarterly Report 2024 31/07/2023
66 Annual Report 2023 30/04/2023
65 4th Quarterly Report 2023 30/04/2023
64 3rd Quarterly Report 2023 31/01/2023
63 2nd Quarterly Report 2023 31/10/2022
62 1st Quarterly Report 2023 31/07/2022
61 Annual Report 2022 30/04/2022
60 4th Quarterly Report 2022 30/04/2022
59 3rd Quarterly Report 2022 31/01/2022
58 2nd Quarterly Report 2022 29/10/2021
57 1st Quarterly Report 2022 30/07/2021
56 Annual Report 2021 30/04/2021
55 4th Quarterly Report 2021 30/04/2021
54 3rd Quarterly Report 2021 29/01/2021
53 2nd Quarterly Report 2021 30/10/2020
52 1st Quarterly Report 2021 30/07/2020
51 Annual Report 2020 30/04/2020
50 3rd Quarterly Report 2020 31/01/2020
49 2nd Quarterly Report 2020 31/10/2019
48 1st Quarterly Report 2020 31/07/2020
47 Annual Report 2019 30/04/2019
46 3rd Quarterly Report 2019 31/01/2019
45 2nd Quarterly Report 2019 31/10/2018
44 1st Quarterly Report 2019 31/07/2018
43 Annual Report 2018 30/04/2018
42 3rd Quarterly Report 2018 31/01/2018
41 2nd Quarterly Report 2018 31/10/2017
40 1st Quarterly Report 2018 31/07/2017
39 Annual Report 2017 30/04/2017
38 3rd Quarterly Report 2017 31/01/2017
37 2nd Quarterly Report 2017 31/10/2016
36 1st Quarterly Report 2017 31/07/2016
35 Annual Report 2016 30/04/2016
34 3rd Quarterly Report 2016 31/01/2016
33 2nd Quarterly Report 2016 31/10/2015
32 1st Quarterly Report 2016 31/07/2015
31 Annual Report 2015 30/04/2015
30 3rd Quarterly Report 2015 30/01/2015
29 2nd Quarterly Report 2015 31/10/2014
28 1st Quarterly Report 2015 31/07/2014
27 Annual Report 2014 30/04/2014
26 3rd Quarterly Report 2014 31/01/2014
25 2nd Quarterly Report 2014 31/10/2013
24 1st Quarterly Report 2014 31/07/2013
23 Annual Report 2013 30/04/2013
22 3rd Quarterly Report 2013 31/01/2013
21 2nd Quarterly Report 2013 31/10/2012
20 1st Quarterly Report 2013 31/07/2012
19 Annual Report 2012 30/04/2012
18 3rd Quarterly Report 2012 31/01/2012
17 2nd Quarterly Report 2012 31/10/2011
16 1st Quarterly Report 2012 31/07/2011
15 Annual Report 2011 30/04/2011
14 3rd Quarterly Report 2011 31/01/2011
13 2nd Quarterly Report 2011 31/10/2010
12 1st Quarterly Report 2011 31/07/2010
11 Annual Report 2010 30/04/2010
10 3rd Quarterly Report 2010 31/01/2010
9 2nd Quarterly Report 2010 31/10/2009
8 1st Quarterly Report 2010 31/07/2009
7 Annual Report 2009 30/04/2009
6 3rd Quarterly Report 2009 31/01/2009
5 2nd Quarterly Report 2009 31/10/2008
4 1st Quarterly Report 2009 31/07/2008
3 Annual Report 2008 30/04/2008
2 3rd Quarterly Report 2008 31/01/2008
1 2nd Quarterly Report 2008 31/10/2007

You buy and sell based on its NAV and you do not have to pay entry or exit fees. As no agents or distributors are appointed for the i Capital Global Fund, investors can invest in it only through Capital Dynamics (S) Pte Ltd.

Our contacts are:

Email : cdpl@icapital.biz
Telephone : 65-62248055/56/58
Fax : 65-62248057
Address : No. 112 Robinson Road
# 11-02 , Robinson 112
Singapore 068902

Fund Performance

Date ICGF NAV MSCI ACWI
29 Nov 2024 US$ 643.031 862.489 points
30 Oct 2024 US$ 673.599 844.940 points
30 Sep 2024 US$ 714.104 851.783 points
30 Aug 2024 US$ 622.161 833.682 points
31 Jul 2024 US$ 628.326 814.155 points
28 Jun 2024 US$ 629.706 802.010 points
31 May 2024 US$ 626.453 785.537 points
30 Apr 2024 US$ 611.590 756.609 points
28 Mar 2024 US$ 618.464 783.172 points
29 Feb 2024 US$ 639.863 761.282 points
31 Jan 2024 US$ 595.342 730.838 points
Date ICGF NAV MSCI ACWI
29 Dec 2023 US$ 636.894 726.996 points
30 Nov 2023 US$ 628.518 694.380 points
31 Oct 2023 US$ 621.949 636.650 points
29 Sep 2023 US$ 655.007 656.820 points
31 Aug 2023 US$ 660.844 686.150 points
31 Jul 2023 US$ 702.304 707.110 points
30 Jun 2023 US$ 671.169 682.840 points
31 May 2023 US$ 656.318 646.380 points
28 Apr 2023 US$ 682.623 655.000 points
31 Mar 2023 US$ 719.761 646.760 points
28 Feb 2023 US$ 693.973 629.020 points
31 Jan 2023 US$ 750.692 648.370 points
Date ICGF NAV MSCI ACWI
30 Dec 2022 US$676.537 605.380 points
30 Nov 2022 US$654.972 630.920 points
31 Oct 2022 US$564.996 586.370 points
30 Sep 2022 US$608.251 553.370 points
31 Aug 2022 US$678.775 613.110 points
29 Jul 2022 US$671.228 637.720 points
30 Jun 2022 US$720.978 596.770 points
31 May 2022 US$687.335 652.810 points
29 Apr 2022 US$681.812 653.670 points
31 Mar 2022 US$743.851 711.560 points
28 Feb 2022 US$796.415 698.020 points
31 Jan 2022 US$836.069 717.380 points
Date ICGF NAV MSCI ACWI
31 Dec 2021 US$ 882.351 754.830 points
30 Nov 2021 US$ 870.482 726.530 points
29 Oct 2021 US$ 924.802 745.230 points
30 Sep 2021 US$ 899.963 709.510 points
31 Aug 2021 US$ 921.665 741.270 points
30 Jul 2021 US$ 964.801 724.210 points
30 Jun 2021 US$ 1,052.559 719.970 points
31 May 2021 US$1029.460 711.450 points
30 Apr 2021 US$1045.156 701.830 points
31 Mar 2021 US$1028.855 673.290 points
26 Feb 2021 US$1052.016 657.150 points
29 Jan 2021 US$1060.529 642.910 points
Date ICGF NAV MSCI ACWI
31 Dec 2020 US$1,053.545 646.270 points
30 Nov 2020 US$1,052.093 618.270 points
31 Oct 2020 US$1,036.491 551.000 points
30 Sep 2020 US$1,032.925  565.150 points
31 Aug 2020 US$1,016.798  584.860 points
30 Jul 2020 US$998.399  551.890 points
30 Jun 2020 US$922.040  524.910 points
29 May 2020 US$901.357  509.470 points
30 Apr 2020 US$879.619  489.170 points
31 Mar 2020 US$825.608  442.350 points
28 Feb 2020 US$951.255 512.760 points
31 Jan 2020 US$998.719 558.620 points
Date ICGF NAV MSCI ACWI
31 Dec 2019 US$1,050.860 565.240 points
29 Nov 2019 US$1,017.631 546.690 points
31 Oct 2019 US$979.771 534.410 points
30 Sep 2019 US$943.464 520.650 points
30 Aug 2019 US$955.056 510.880 points
31 Jul 2019 US$960.718 524.350 points
28 Jun 2019 US$972.67 523.440 points
31 May 2019 US$916.956 492.120 points
30 Apr 2019 US$1,025.690 524.840 points
29 Mar 2019 US$1,017.478 508.550 points
28 Feb 2019 US$1,016.222 503.480 points
31 Jan 2019 US$971.435 491.190 points
Date ICGF NAV MSCI ACWI
31 Dec 2018 US$943.031 455.660 points
30 Nov 2018 US$958.894 490.860 points
31 Oct 2018 US$925.738 484.570 points
28 Sep 2018 US$1,031.228 524.250 points
31 Aug 2018 US$1,046.325 522.880 points
31 Jul 2018 US$1,080.721 519.820 points
29 Jun 2018 US$1,088.188 505.200 points
31 May 2018 US$1,147.702 508.770 points
30 Apr 2018 US$1,163.818 509.690 points
29 Mar 2018 US$1,177.234 505.440 points
28 Feb 2018 US$1,196.857 518.080 points
31 Jan 2018 US$1,235.126 541.670 points
Date ICGF NAV MSCI ACWI
29 Dec 2017 US$1,180.463 513.030 points
30 Nov 2017 US$1,162.9980 505.4400 points
31 Oct 2017 US$1,173.599 496.620 points
29 Sep 2017 US$1,148.928 486.880 points
31 Aug 2017 US$1,149.092 478.410 points
31 Jul 2017 US$1,155.043 477.580 points
30 Jun 2017 US$1,153.038 465.090 points
31 May 2017 US$1,142.485 463.79 points
28 Apr 2017 US$1,125.345 455.170 points
31 Mar 2017 US$1,114.420 448.870 points
28 Feb 2017 US$1,068.548 444.500 points
31 Jan 2017 US$1,058.852 433.130 points
Date ICGF NAV MSCI ACWI
30 Dec 2016 US$1,026.714 421.840 points
30 Nov 2016  US$1,050.090  413.430 points
31 Oct 2016  US$1,048.668  411.010 points
30 Sep 2016  US$1,044.598  418.430 points
31 Aug 2016   US$1,066.233  416.610 points
29 July 2016  US$1,070.547  416.090 points
30 June 2016  US$1,064.691  399.29 points
31 May 2016  US$1,075.310  402.570 points
29 April 2016  US$1,065.163  403.340 points
31 March 2016  US$1,137.952  398.250 points
29 February 2016  US$1,127.910  371.660 points
29 January 2016  US$1,126.700  375.020 points
Date ICGF NAV MSCI ACWI
31 December 2015   US$1,153.101  399.360 points
30 November 2015  US$1,151.518 407.200 points
30 October 2015 US$1,153.718 411.250 points
30 September 2015 US$1,148.365 381.650 points
31 August 2015 US$1,198.273 396.730 points
31 July 2015 US$1,225.739 426.780 points
30 June 2015 US$1,250.670 423.510 points
29 May 2015 US$1,310.217 434.510 points
30 April 2015 US$1,308.450 436.300 points
31 March 2015 US$1,279.374 424.760 points
27 February 2015 US$1,271.291 432.474 points
30 January 2015 US$1,254.703 410.330 points
Date ICGF NAV MSCI ACWI
 31 December 2014  US$1,246.186  417.120 points
 28 November 2014  US$1,296.498  425.821 points
 31 October 2014 US$1,355.724  419.450 points
 30 September 2014  US$1,355.489 416.850 points
 31 August 2014  US$1,438.365  431.540 points
 31 July 2014  US$1,411.114  423.040 points
 30 June 2014  US$1,448.992  428.750 points
 30 May 2014  US$1,400.943  421.530  points
 30 April 2014  US$1,391.824  414.090 points
 31 March 2014  US$1,425.890  411.021 points
 28 February 2014  US$1,506.366  410.129 points
 31 January 2014  US$1,474.860  391.920  points
Date ICGF NAV MSCI ACWI
 31 December 2013  US$1,419.354  408.549 points
 29 November 2013  US$1,322.777  402.047 points
 31 October 2013 US$1,258.490  397.109 points
 30 September 2013  US$1,213.665  382.070 points
 30 August 2013  US$1,172.960  363.980 points
 31 July 2013  US$1,182.401  372.490 points
 28 June 2013  US$1,133.699  355.811 points
 31 May 2013  US$1,227.534  367.195 points
 30 April 2013  US$1232.645  369.422 points
 28 March 2013  US$1233.127  359.980 points
 28 February 2013  US$1296.540  354.430 points
 31 January 2013  US$1294.893  355.100 points
Date ICGF NAV MSCI ACWI
 31 December 2012  US$1206.210  339.750 points
 30 November 2012  US$1145.861  332.640 points
 31 October 2012  US$1085.778  329.070 points
 28 September 2012  US$1084.743  331.580 points
 31 August 2012  US$1028.260  322.140 points
 31 July 2012  US$1035.729  316.020 points
 29 June 2012  US$1064.587  312.110 points
 31 May 2012  US$1070.981  297.98 points
 30 April 2012  US$1186.538  328.670 points
 30 March 2012  US$1189.080  333.300 points
 29 February 2012  US$1202.317  331.930 points
 31 January 2012  US$1107.386  316.650 points
Date ICGF NAV MSCI ACWI
 30 December 2011  US$1067.814  299.510 points
 30 November 2011  US$1088.375  300.450 points
 31 October 2011  US$1134.710  310.410 points
 30 September 2011  US$1050.865  280.640 points
 31 August 2011  US$1244.438  310.62 points
 29 July 2011  US$1307.912  335.90 points
 30 June 2011  US$1322.667  341.82 points
 31 May 2011  US$1316.053  347.90 points
 29 April 2011  US$1337.908  356.90 points
 31 March 2011  US$1304.154  343.64 points
 28 February 2011  US$1304.518  344.82 points
 31 January 2011  US$1316.369  335.58 points
Date ICGF NAV MSCI ACWI
 31 December 2010  US$1295.468  330.64 points
 30 November 2010  US$1287.426  308.38 points
 29 October 2010  US$1258.765  315.95 points
 30 September 2010  US$1198.652  305.16 points
 31 August 2010  US$1083.534  279.06 points
 30 July 2010  US$1104.226  289.75 points
 30 June 2010  US$999.499  268.25 points
 31 May 2010  US$1019.620  277.17 points
 30 April 2010  US$1119.740  307.35 points
 31 March 2010  US$1191.407  307.4 points
 26 February 2010  US$1118.591  289.5 points
 29 January 2010  US$1097.301  286.33 points
Date ICGF NAV MSCI ACWI
 31 December 2009  US$1173.803  299.44 points
 30 November 2009  US$1265.080  293.67 points
 30 October 2009  US$1196.255  282.59 points
 30 September 2009  US$1140.844  287.23 points
 31 August 2009  US$1085.287  275.1 points
 31 July 2009  US$1147.096  266.14 points
 30 June 2009  US$1030.655  244.9 points
31 May 2009  US$993.237  246.69 points
 30 April 2009  US$830.481  225.24 points
 31 March 2009  US$694.317  202.04 points
 28 February 2009  US$655.787  187.17 points
 31 January 2009  US$672.788  208.02 points
Date ICGF NAV MSCI ACWI
 31 December 2008  US$695.955  227.68 points
 30 November 2008  US$653.250  220.05 points
 31 October 2008  US$678.801  236.11 points
 30 September 2008  US$799.177  295.18 points
 31 August 2008  US$897.862  337.61 points
 31 July 2008  US$945.143  345.75 points
 30 June 2008  US$989.865  355.4 points
 31 May 2008  US$1073.420  387.75 points
 30 April 2008  US$1063.791  383.3 points
 31 March 2008  US$1008.262  363.99 points
 29 February 2008  US$1015.721  370.41 points
 31 January 2008  US$993.382  369.93 points
Date ICGF NAV MSCI ACWI
 31 December 2007 US$1064.527  403.25 points
 30 November 2007  US$1072.833  408.1 points
 31 October 2007  US$1127.180  427.63 points
 30 September 2007  US$1039.706  411.92 points
 31 August 2007  US$999.979  391.49 points
 31 July 2007  US$993.526  393.34 points

NOTE:

ICGF = The i Capital Global Fund.
MSCI ACWI Index: A free float-adjusted market capitalization weighted index which consists of 45 country indices, comprising 24 developed and 21 emerging market country indices.

Table 2: Cumulative % Change

6 July 2007 30 Oct 2024 Cumulative Change % Compound Return
ICGF US$1000.000 US$ 673.599 -32.64% -2.25%
MSCI ACWI 407.960 points  844.940 points 107.11% 4.29%