| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | The fund uses multiple strategies to profit from inefficiencies in the pricing of small and large companies and event driven activity. The fund employs three core strategies: - Pairs trading in liquid, large capitalisation stocks - Directional long and short positions in mid and small capitalisation stocks - Event driven (e.g IPO's, mergers and acquisitions), and other corporate activity. |
| Manager Comments | As a result the S&P/ASX Metals and Mining index gained 8.02% for the month, while the FTSE 350 Mining Index gained 11.94% in local currency terms. The manager reduced the fund's net long position during the month from 73% the previous month to 67%, and gross exposure dropped to 103% from 115% as the fund reduced holdings in some stocks and exited others which were replaced by new positions in Exxon Mobil, Posco and Consol Energy. |
| More Information | » View detailed profile of this fund |
