Doric’s Small Cap boasts 21.6% YTD


The Hong Kong market was a big winner for the Doric Asia Pacific Small Cap fund, accounting for three quarters of performance in August. The fund ended the month up 6.13%, and was up 21.63% year to date, the short book adding 1.5% to the total for August. The portfolio comprises a concentrated selection of around 20 stocks, diversified across Asia including Japan.

Doric’s Howard Wong notes there are plenty of opportunities in the $1 billion and below market-capitalisation range. The fund will continue to focus on market leaders in industries with great growth pot­ential, rather than smaller