| Report Date | 09 December 2010 |
| Manager | Bennelong Group |
| Fund Name | Bennelong Securities Long Short Equity Fund |
| Strategy | Equity Market Neutral |
| Latest Return Date | November 2010 |
| Latest Return | 2.87% |
| Latest 6 Months | 8.06% |
| Latest 12 Months | 12.63% |
| Latest 24 Months | 35.12% |
| Annualised Since Inception | 22.05% |
| Inception Date | 01 January 2003 |
| FUM (millions) | AU$152 |
| Fund Overview | Bennelong Long Short Equity Management applies a qualitative stock selection process to construct a diversified portfolio of paired securities based on relative value. The Bennelong Long Short Equity Management strategy invests primarily in the S&P/ASX 100 and is dollar neutral at cost. |
| Manager Comments | Bennelong report that they have become more positively disposed towards the US economy, albeit modestly at this stage. An improving US economy will be supportive for global growth in the shorter term.
Domestically the two speed economy is throwing up its own challenges with a strong export sector being offset by some weakness in domestic demand. It appears Australian consumers are saving more and spending less for the time being. They remain watchful of international developments and very selective of their exposures. |
| More Information | » View detailed profile of this fund |
