{"id":89927,"date":"2024-07-28T20:19:30","date_gmt":"2024-07-28T20:19:30","guid":{"rendered":"https:\/\/adamfayed.com\/?p=89927"},"modified":"2024-07-28T20:19:32","modified_gmt":"2024-07-28T20:19:32","slug":"castlestone-faang-ucits-fund-review","status":"publish","type":"post","link":"https:\/\/adamfayed.com\/es\/review-articles\/castlestone-faang-ucits-fund-review\/","title":{"rendered":"Castlestone FAANG + UCITS Fund Review"},"content":{"rendered":"

This Castlestone FAANG + UCITS Fund review will highlight the features of this investment opportunity from Castlestone Management LLC, a New York-based independent investment advisory firm.<\/p>\n\n\n\n

The firm manages two OICVM<\/a> funds with an emphasis on acciones<\/a>, one of which will be the focus of this post.<\/p>\n\n\n\n

 Si desea invertir como expatriado o particular con un elevado patrimonio neto, que es en lo que estoy especializado, puede enviarme un correo electr\u00f3nico (advice@adamfayed.com) o WhatsApp (+44-7393-450-837).<\/p>\n\n\n\n

As the facts can change from the time of writing, bear in mind the importance of consulting for financial advice before deciding on any investment.<\/p>\n\n\n\n

Castlestone FAANG + UCITS Fund Terms and Features<\/h2>\n\n\n\n

Investing in international technology stocks, particularly the Facebook, Apple, Amazon, Netflix, and Google dubbed the FAANG companies, is the primary means by which the Castlestone FAANG+ UCITS Fund busca<\/a> to achieve capital growth.<\/p>\n\n\n\n

The FAANG Fund places a strong emphasis on exposure to tech development and application across industries, including consumer discretionary, communication services, and IT.<\/p>\n\n\n\n

It was rolled out January 2, 2019, with USD serving as its base currency, albeit it provides share classes in British pounds and euros too.<\/p>\n\n\n\n

\"Castlestone<\/figure>\n\n\n\n

As of March 2024, the Fund’s size hit nearly $267 million. <\/p>\n\n\n\n

Minimum initial investment amount depends on the currency. It could be 10,000, 5,000 or 1,000.<\/p>\n\n\n\n

The Fund’s sector allocations are roughly 45% and 25% respectively to tech and consumer discretionary, and 23% to communication services.<\/p>\n\n\n\n

In terms of geography, the fund is mostly exposed to the US with nearly 70%, Europe 18.5%, and China 5%.<\/p>\n\n\n\n

The top holdings in the FAANG investment include The London Tunnels Plc (12.71%), Apple Inc (7.25%), and Alphabet Inc Class C (7.15%).<\/p>\n\n\n\n

Castlestone FAANG + UCITS Fund Performance<\/h3>\n\n\n\n

Performance-wise, the USD-denominated Castlestone fund has logged increases of 13.25% in June alone plus 23.54% year-to-date. The Fund recorded significant gains in 2020 of 47.02% and losses in 2022 of 37.63% due to market volatility.<\/p>\n\n\n\n

With a noteworthy 13.26% growth in June, the Castlestone FAANG+ UCITS Fund (GBP) demonstrated impressive YTD return of 23.96%. The Fund rose 43.07% in 2023, although it incurred a loss of 39.14% in 2022.<\/p>\n\n\n\n

The Castlestone FAANG+ UCITS Fund (EUR) also posted a solid yield of 23.48% YTD, with a noteworthy gain of 13.28% for June. In 2023, the Fund logged a 42.60% jump; it dropped 38.84% in 2022.<\/p>\n\n\n\n

Castlestone FAANG + UCITS Fund Fees<\/h3>\n\n\n\n
\"Castlestone<\/figure>\n\n\n\n

There is an up to 1% monthly sales charge, a 4%\u20136% subscription cost, and a management fee that varies from 1.25% to 1.75%.<\/p>\n\n\n\n

Additional expenses that investors may face include custodian fees, transaction costs related to purchasing and disposing of the fund’s underlying assets, and administrative fees.<\/p>\n\n\n\n

Pros and Cons of Castlestone FAANG + UCITS Fund<\/h3>\n\n\n\n

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Castlestone FAANG + UCITS Fund Benefits<\/h4>\n\n\n\n