AFM's updated Fund Review for the Bennelong Kardinia Absolute Return Fund for February 2014. The Fund is characterised by steady returns and very low risk. The Fund returned 2.69% during February and since inception (May 2006) the Fund has...

Laminar Credit Opportunities Fund returned 0.57% during February and a creditable 11.93% for the prior 12 months with a volatility of 2.71%.

The Cor Capital Fund benefited from buoyant asset markets to return 2.34% during February with positive performances from all the underlying assets.

Pengana Asia Special Events (Onshore) Fund recorded 0.48% during February and 11.76% for the preceding twelve months with a very low standard deviation of 2.39%.

KIS Asia Long Short Fund returned 1.76% during February and 15.99% (10.56% Index) for the previous twelve months with a volatility of 2.71% as compared to 11.49% for the ASX 200 Acc Index.

Auscap Long Short Australian Equities Fund had strong performance during February to return 5.32% (ASX 200 Acc 4.97%) bringing annual returns to an impressive 58.90% (Index 10.56%).

Intelligent Investor Value Fund returned 0.48% in February and a very sound 31.94% for the year to end-February (ASX 200 Acc Index 10.56%).

The Paragon Fund returned 3.80% for February, with a net exposure of 73.6%, and 21.72% for the previous twelve months.

Insync Global Titans Fund benefited from stronger equity markets during February returning 2.39% and 24.17% over the year with a notable down capture ratio of -0.84.

Pengana Australian Equities Market Neutral Fund returned 2.90% during February with a net market exposure of 2.7% and 12.85% over the preceding twelve months.