FUND HIGHLIGHTS

FUND
HIGHLIGHTS
November 2015
Fund Results*
EUR +2.74%
USD +2.07%
1 Month Fund Performance
Top 5 Performers*
113.98
1 +11.36%
LUXURY
112.82
2 +9.36%
WATER
112.24
3 +4.85%
MANAGED
SECTORS
4 +4.79%
INDUSTRIALS
5 +4.03%
HEALTHCARE
113.40
111.66
111.08
110.50
01.11.15
27.11.15
November 2015
Economic Outlook for December 2015
*1 Month Performance
01 December - November saw a massacre in France, and the bombing of a Russian airplane over Egypt. However,
these dramatic events have only had minor effects on the stock market for one sobering reason: we are getting used to them.
Other economic indicators, like growth in Europe and statistics coming out of China, imply a more positive backdrop for equities
in December. To get our view on what this means for investors: read the full story.
Click here to read more or visit www.dominion-funds.com
page 1/4
www.dominion-funds.com
No.1 fund in the No.1
sector worldwide
Ecommerce
17 November - October was a great month for our Ecommerce
Fund, which saw its share price rise by 12.14%, and the momentum
has continued into November, with the fund adding a further +4.55%.
But that’s not all; electronic commerce is the best performing investment
sector worldwide this year, and Dominion’s Ecommerce fund is leading
the pack by a comfortable margin.
Ecommerce
delivers exceptional
results: Oct +12.14%,
Nov +4.55%
Click here to read more or visit www.dominion-funds.com
Water
25 November - A new report has highlighted the urgent need to adopt
a more sustainable model for using the Earth’s natural resources, such
as water. But some companies are already helping the planet shift
to a more eco-friendly way of life. Global water technology company
Xylem is one of them. To find out how Xylem is using the latest water
technology to ease California’s drought, read more.
Xylem uses latest
water-tech to ease
California’s drought
Agrifood
Click here to read more or visit www.dominion-funds.com
Domino’s captures
essence of take-away
service: press a button,
get a pizza
page 2/4
23 November - Take-away pizza market leader Domino’s has stood
at the front line of the industry in regards to innovation for some time
now: it launched one of the best take-away apps and it pioneered
an in-car-pizza-oven to keep deliveries warm. But now, Domino’s
has outmanoeuvred its rivals yet again – by offering an app that lets
you receive your favourite pizza at the press of a button!
Click here to read more or visit www.dominion-funds.com
www.dominion-funds.com
Industrials
Mobileye: +104%
revenue year-on-year
in third quarter
Technology
Apple poised for
victory in the race
to China
Healthcare
The ‘antibiotic
apocalypse’
approaches
page 3/4
05 November - Self-driving vehicle software developer Mobileye
is now so successful that it works with 90% of original equipment
manufacturers in the automated driving space. And the company’s
latest quarterly figures saw a continuation of this success – but the real
question is how much will the automated driving sector eventually be
worth? Whatever the answer, Mobileye is currently positioned at the
centre of it.
Click here to read more or visit www.dominion-funds.com
27 November - As reports suggest that Apple has struck a deal with
UnionPay – a conglomerate composed of China’s four biggest banks
– the question on everybody’s lips is: will China, for the first time ever,
accept a foreign electronic payment provider within its borders? If anyone
can do it, Apple can – and, given that the market was valued at $3.5
trillion last year, it’s easy to see why it would want to…
Click here to read more or visit www.dominion-funds.com
20 November - New super-bacteria discovered in China has become
resistant to even the last-line-of-defence drugs that doctors rely on.
This has huge ramifications: how will we prevent pandemic outbreaks?
Or undertake surgical and cancer treatments without antibiotics to
manage infections? The answers, if there are any, may be found in the
robot-staffed laboratories of ‘Big Pharma’.
Click here to read more or visit www.dominion-funds.com
www.dominion-funds.com
Luxury
Disney embarks on
“greatest opportunity”
since 1960s
Ecommerce
Amazon:
one step back
= two steps forward
18 November - According to Disney’s CEO Bob Iger, the company is
about to embark on its biggest opportunity since Walt Disney himself
bought land in Central Florida. Now, the company wants to open
another theme park; this time, in Shanghai. According to Iger, 330 million
people with enough money to visit the new park live under three hours
away. Could this be one of the company’s most profitable long-term
investments ever?
Click here to read more or visit www.dominion-funds.com
05 November - Amazon is probably the best known, oldest, and
most successful ecommerce company in the world. So not a lot
of people expected it to reinvent a business model it is widely
considered to have made obsolete: the bricks and mortar bookshop.
But Amazon’s new store isn’t a throwback to old business models
– it’s a well thought out move to own the most cutting edge retail
experience possible: omnichannel.
Click here to read more or visit www.dominion-funds.com
Check out our other Funds
+7.74%
+33.64%
+13.99%
1 YEAR PERFORMANCE AS AT: 30/11/2015
IMPORTANT NOTES
The performance and underlying performers in each chosen sector are taken from the DX Evolution
PCC Limited - DXE (€) Fund. For the performance of the individual Funds (DXE (€) Fund and
DXE (US$) Fund), please refer to www.dominion-funds.com.
All information correct as at 30th November 2015.
DXE is reported on the last Friday of every month, meaning that this Fund Highlights document relates
to the period between 30th October and 27th November 2015.
This Fund Highlight is not designed to be comprehensive and must be read in conjunction with the
DXE Offering Memorandum and Supplemental for the Fund, which provides full details and important
information about the DXE Fund. This report contains commentary and represents the views and
opinions of the author. Whilst care has been taken with the preparation of this commentary,
the contents should not be taken as advice of any kind to any party.
page 4/4
The DXE Offering Memorandum and Supplemental are available to download from
www.dominion-funds.com.
This document is not an offer for sale. If you are considering an investment or would like to find
out more please contact your professional advisor so they can advise you. Use or copying of the
information is not permitted without the prior written consent of Dominion Fund Management Limited.
© 2015 Dominion Fund Management Limited (“DFML”). All rights reserved.
DFML is licensed by the Guernsey Financial Services Commission under the Protection of Investors
(Bailiwick of Guernsey) Law 1987, asamended. DFML is a member of the Dominion Group of
companies. Registered Office: The Rotunda, Royal Avenue, St Peter Port, Guernsey, GY1 2HL.
Company no. 42592.
www.dominion-funds.com