| Report Date | 15 September 2010 |
| Manager | Herschel Asset Management |
| Fund Name | Herschel Absolute Return Fund |
| Strategy | Equity Long/Short |
| Latest Return Date | August 2010 |
| Latest Return | 0.09% |
| Latest 6 Months | -1.06% |
| Latest 12 Months | 4.00% |
| Latest 24 Months | 16.23% |
| Annualised Since Inception | 14.19% |
| Inception Date | 01 May 2006 |
| FUM (millions) | AU$31 |
| Fund Overview | The Herschel Absolute Return Fund is a long-short Australian equities fund which is expected to average 50% net long through an investment cycle. The objective of the fund is to achieve consistent, double-digit rates of return, with an over-arching philosophy of capital protection. The Fund will usually invest in a portfolio, consisting of both long and short positions, of securities of 15 to 45 companies. |
| Manager Comments | |
| More Information | » View detailed profile of this fund |
