Korea Value Strategy
The Value strategy looks for deeply undervalued stocks listed in Korea that in the medium to long term will see significant capital appreciation as the market catches up in recognizing the company's intrinsic value. These companies are often characterized by a strong management team, with a robust business model and sustainable strategy that is backed up by strong financial fundamentals and good corporate governance. The fund is intended for investors with longer term investment horizons, and generally comprises 25-40 stocks at any one time. The strategy offers the flexibility to invest across the entire market capitalization spectrum with ANDA opportunistically tilting the portfolio toward the most promising segments. Although there is no limitation on the type of companies ANDA can invest in, it is expected that the team will pay more attention to under-followed stocks, and stocks whose valuations are low in relation to their growth prospects. The strategy is long biased due to the tailwind of structural growth in Asia but the team may utilize index derivatives and engage in short selling of individual stocks for hedging and portfolio management.