Performance Report: Atlantic Pacific Australian Equity Fund

17 Dec 2020 - Australian Fund Monitors

The Atlantic Pacific Australian Equity Fund rose +4.89% in November, taking 12-month performance to +25.52% vs the ASX200 Accumulation Index's -1.98%. Since inception in June 2013, the Fund has returned +9.39% p.a. with an annualised...

17 Dec 2020 - Performance Report: Atlantic Pacific Australian Equity Fund

By: Australian Fund Monitors

Report Date	17 December 2020
Manager	APSEC Funds Management
Fund Name	Atlantic Pacific Australian Equity Fund
Strategy	Equity Long/Short
Latest Return Date	November 2020
Latest Return	4.89%
Latest 6 Months	-0.62%
Latest 12 Months	25.52%
Latest 24 Months (pa)	10.82%
Annualised Since Inception	9.39%
Inception Date	01 June 2013
FUM (millions)	AU$37
Fund Overview	The Fund will invest in a diversified portfolio of small to large cap Australian listed securities, and securities in respect of which listing has been proposed. Cash, cash equivalents, convertible notes and derivatives may also be included. The primary objective of the Atlantic Pacific Australian Equity Fund is to generate a mixture of capital and income returns for investors with a high risk profile, over a 5 to 7 year investment period. The Investment Manager believes that markets are fundamentally inefficient and that active investment management will result in higher than 'benchmark' returns. The Fund has adopted the S&P/ASX200 Accumulation Index as the benchmark for its performance. The Investment Manager also believes that, on review of many markets globally, no individual style or method of investing will always ensure outperformance in terms of return on investment. In light of this, the Investment Manager may adopt a 'value', 'growth' or 'momentum' style bias, for example, depending on where the market is in its investment cycle. Further, the Investment Manager believes that actual and forecasted events underpin absolute and relative price movements of securities. The Investment Manager will utilise a number of frameworks to assist in positioning the Fund's portfolio of investments. These include fundamental research, quantitative analysis, and macro and catalyst research.
Manager Comments	The Atlantic Pacific Australian Equity Fund rose +4.89% in November, taking 12-month performance to +25.52% vs the ASX200 Accumulation Index's -1.98%. Since inception in June 2013, the Fund has returned +9.39% p.a. with an annualised volatility of 10.17%. By contrast, the Index has returned +8.23% p.a. with an annualised volatility of 14.06% over the same period. The following statistics (since inception) highlight the Fund's capacity to significantly outperform in falling markets: Sortino ratio of 1.57 vs the Index's 0.61, maximum drawdown of -7.10% vs the Index's -26.75%, and down-capture ratio of 21.15%. APSEC are of the view that inflation, and hence bond rates, will finally accelerate through next year and so their positioning will be much more focussed on sectors exposed to these dynamics. They noted they will not be deploying capital to invest in high valuation companies.
More Information	View Fund's Profile View Manager's Report

Fund Review: Bennelong Long Short Equity Fund November 2020

17 Dec 2020 - Australian Fund Monitors

Latest Fund Review for the Bennelong Long Short Equity Fund is now available. The Fund is a research driven, market and sector neutral, "pairs" trading strategy investing primarily in large-caps from the ASX/S&P100 Index...

Move over growth, value is making a comeback

16 Dec 2020 - Nikko Asset Management

2020 saw a number of firsts, including a global pandemic, a short-lived recession and an unprecedented surge in equity markets. If past recessions are anything to go by, value stocks are due for a resurgence. What factors will drive the...

Webinar | Premium China Funds Management: Asian Equities Update December 2020

16 Dec 2020 - Premium China Funds Management

Jonathan Wu, Executive Director and Chief Investment Specialist at Premium China Funds Management, gives an update on Asian equities and discusses the performance of the Premium Asia Fund and Premium China Fund.

Fund Review: Insync Global Capital Aware Fund November 2020

16 Dec 2020 - Australian Fund Monitors

Latest Fund Review on Insync Global Capital Aware Fund is now available. The Global Capital Aware Fund invests in a concentrated portfolio of 15-30 stocks, targeting exceptional, large cap global companies with a strong focus on dividend...

Performance Report: Glenmore Australian Equities Fund

15 Dec 2020 - Australian Fund Monitors

The Glenmore Australian Equities Fund rose +10.37% in November, outperforming the ASX200 Accumulation Index's +10.21% and taking 12-month performance to +7.29% vs the Index's -1.98%. Since inception in June 2017, the Fund has returned...

15 Dec 2020 - Performance Report: Glenmore Australian Equities Fund

By: Australian Fund Monitors

Report Date	15 December 2020
Manager	Glenmore Asset Management Pty Ltd
Fund Name	Glenmore Australian Equities Fund
Strategy	Equity Long
Latest Return Date	November 2020
Latest Return	10.37%
Latest 6 Months	29.40%
Latest 12 Months	7.29%
Latest 24 Months (pa)	21.69%
Annualised Since Inception	21.67%
Inception Date	06 June 2017
FUM (millions)	AU$9.9
Fund Overview	The Fund is index unaware with an absolute return focus. The Fund seeks to invest in companies generating strong cashflows at attractive valuations. In absence of attractive investments being identified, the fund will hold cash. Glenmore will use a fundamental, research driven investment process to identify undervalued securities. The main driver of identifying potential investments will be bottom up company analysis, however macro-economic conditions will be considered as part of the investment thesis for each stock.
Manager Comments	The Glenmore Australian Equities Fund rose +10.37% in November, outperforming the ASX200 Accumulation Index's +10.21% and taking 12-month performance to +7.29% vs the Index's -1.98%. Since inception in June 2017, the Fund has returned +21.67% p.a. vs the Index's +7.88%. The Fund's capacity to significantly outperform during the market's positive months is highlighted by its up-capture ratio (since inception) of 204.6%. Top contributors in November included Coronado Global Resources (CRN), Worley (WOR), Mineral Resources (MIN), Whitehaven Coal (WHC), NRW Holdings (NWH), Eagers Automotive (APE), People Infrastructure (PPE) and Dicker Data (DDR). In Glenmore's view the most notable story of November was the news of highly encouraging human trial results from several proposed vaccines for COVID-19. They noted that, while it is still early days, they believe the early results show clear progress towards a pathway back to more normal economic conditions. They observed that this was enough to see sectors with exposure to a global recovery rally sharply (e.g. travel, energy, resources, shopping centres and mining services), at the expense of sectors that benefitted from lockdown conditions (internet, certain retailers, and gold stocks).
More Information	View Fund's Profile View Manager's Report

Fund Review: Bennelong Twenty20 Australian Equities Fund November 2020

15 Dec 2020 - Australian Fund Monitors

The latest Fund Review on Bennelong Twenty20 Australian Equities Fund is now available. The Fund invests in ASX listed stocks, combining an indexed position in the Top 20 stocks with an actively managed portfolio of ex-20 stocks.

A Portfolio Of Performers, Laggards And Opportunities

14 Dec 2020 - Auscap Asset Management

It has been an extraordinary year. Despite the sell-off in February and March, the Auscap Long Short Australian Equities Fund (Fund) was up 5.3% for the calendar year as of 30 November 2020. This compares to the All Ordinaries Accumulation...

Performance Report: DS Capital Growth Fund

14 Dec 2020 - Australian Fund Monitors

The DS Capital Growth Fund rose +6.19% in November, taking 12-month performance to +15.70% vs the ASX200 Accumulation Index's -1.98%. Since inception in January 2013, the Fund has returned +15.64% p.a. with an annualised volatility of 11.47%.

14 Dec 2020 - Performance Report: DS Capital Growth Fund

By: Australian Fund Monitors

Report Date	14 December 2020
Manager	DS Capital
Fund Name	DS Capital Growth Fund
Strategy	Equity Long
Latest Return Date	November 2020
Latest Return	6.19%
Latest 6 Months	17.73%
Latest 12 Months	15.70%
Latest 24 Months (pa)	19.38%
Annualised Since Inception	15.64%
Inception Date	01 January 2013
FUM (millions)	AU$290
Fund Overview	The Fund aims to deliver an average return of at least 10% p.a. through the economic cycle, with a focus on capital preservation. The Fund will comprise a concentrated portfolio of small and mid-cap investments selected through a process of quantitative and qualitative analysis. The investment team looks for industrial businesses that are simple to understand; they generally avoid large caps, pure mining, biotech and start-ups. They also look for: - Access to management; - Businesses with a competitive edge; - Profitable companies with good margins, organic growth prospects, strong market position and a track record of healthy dividend growth; - Sectors with structural advantage and barriers to entry; - 15% p.a. pre-tax compound return on each holding; and - A history of stable and predictable cash flows that DS Capital can understand and value.
Manager Comments	The DS Capital Growth Fund rose +6.19% in November, taking 12-month performance to +15.70% vs the ASX200 Accumulation Index's -1.98%. Since inception in January 2013, the Fund has returned +15.64% p.a. with an annualised volatility of 11.47%. By contrast, the Index has returned +8.82% p.a. with an annualised volatility of 14.10% over the same period. The Fund's Sharpe and Sortino ratios (since inception), 1.19 and 1.75 respectively, by contrast with the Index's Sharpe of 0.56 and Sortino of 0.66, highlight its capacity to produce superior risk-adjusted returns while avoiding the market's downside volatility. The Fund's up-capture and down-capture ratios for performance over the past 12 months, 117.8% and 72.9% respectively, indicate that, on average, the Fund has outperformed in both the market's positive and negative months. The Fund's ability to significantly outperform in falling markets is further supported by its down-capture ratio (since inception) of 45%.
More Information	View Fund's Profile View Manager's Report

AIM White Paper #2: Avoiding Value Destructive Businesses

14 Dec 2020 - Aitken Investment Management

Should an investor consider switching into lower return on capital businesses at the 'right price'? Effectively, is it better to own 'quality' to protect during the initial phases of a crash, but then rotate into very cheap businesses to...

Search for:
Fund:	Type a few letters to search
Manager:
Publish Dates:	From: To:

Fund Monitors Pty Ltd

News

NEWS

17 Dec 2020 - Performance Report: Atlantic Pacific Australian Equity Fund

17 Dec 2020 - Fund Review: Bennelong Long Short Equity Fund November 2020

16 Dec 2020 - Move over growth, value is making a comeback

16 Dec 2020 - Webinar | Premium China Funds Management: Asian Equities Update December 2020

16 Dec 2020 - Fund Review: Insync Global Capital Aware Fund November 2020

15 Dec 2020 - Performance Report: Glenmore Australian Equities Fund

15 Dec 2020 - Fund Review: Bennelong Twenty20 Australian Equities Fund November 2020

14 Dec 2020 - A Portfolio Of Performers, Laggards And Opportunities

14 Dec 2020 - Performance Report: DS Capital Growth Fund

14 Dec 2020 - AIM White Paper #2: Avoiding Value Destructive Businesses

Category

Search

Events Calendar