During the previous trading session the Hang Seng Index (Hong Kong) recorded strong growth (+3.80%) due to the accelerating trends over the past several months – the large number of initial public offerings (IPO), the growing demand of retail investors and the attractive valuation of Chinese public companies compared to US and European peers.

The Chinese market leaders benefited the most from the capital reallocation, part of which are included in Compass Global Trend’s portfolio – the social media leader YY (+14.98%, during the last trading session), the software and mobile security developer Qihoo 360 Technology (+11.16%) and the largest automobile portal in China Autohome (+6.17%). As a result, the portfolio of the fund outperformed the US stock markets.

If you are interested in investment in the fund or a specific company, please contact your financial advisor or Compass Invest JSC (http://www.compass-invest.eu/bg/pages/contacts.html).

Note:
Nothing in this material should be considered as an advice and/or a recommendation to buy or sell the above financial instruments and/or units of the Fund.