We seek to achieve

sustainable long-term returns by investing in quality companies. Our niche is in uncovering mispriced situations.

Our fund managers see opportunities to profit from high-growth markets with careful analysis and selection of a core portfolio of well-

managed companies.


Monthly Price as of 31 March 2008
FUND
NAV
% Chg
ASIAN RECOVERY FUND

20.36

-5.26

Heritage Capital Management Pte. Ltd.
15 Scotts Road #09-01 Thong Teck Building Singapore 228218
Tel: (65) 6733 1922    Fax: (65) 6733 0550
For further enquiries, you may email to info@hcm.com.sg