| Report Date | 14 October 2010 |
| Manager | Cadence Asset Management |
| Fund Name | Cadence Capital Limited |
| Strategy | Equity Long/Short |
| Latest Return Date | September 2010 |
| Latest Return | 4.89% |
| Latest 6 Months | -1.30% |
| Latest 12 Months | 1.82% |
| Latest 24 Months | 19.22% |
| Annualised Since Inception | 11.05% |
| Inception Date | 01 October 2005 |
| FUM (millions) | AU$35 |
| Fund Overview | Cadence Capital Limited is a long/short Australian equities fund with a long bias and a bias towards small- and medium-capitalisation equities listed on the Australian Stock Exchange. The manager uses both fundamental and technical trend analysis in making investment decisions as he believes that the use of both renders greater probability of producing higher returns than employing either analysis alone. Investments are therefore classified as either trading stock or research-driven core investments. The fund uses a bottom-up approach to investment for research-driven investments. The fund portfolio generally has 20 to 40 research-driven core investments and up to 40 trading opportunity securities at any one point in time. Fund concentration is closely managed through continual monitoring of exposures at the fund, sector and individual stock position levels. |
| Manager Comments | Cadence Capital reaches a five year track record milestone with a positive month, remaining fully invested with 100% exposure on the long side, no shorts and a highly concentrated portfolio. |
| More Information | » View detailed profile of this fund |
