| Report Date | 07 February 2011 |
| Manager | Herschel Asset Management |
| Fund Name | Herschel Absolute Return Fund |
| Strategy | Equity Long/Short |
| Latest Return Date | January 2011 |
| Latest Return | 4.25% |
| Latest 6 Months | 19.12% |
| Latest 12 Months | 18.52% |
| Latest 24 Months | 45.14% |
| Annualised Since Inception | 17.45% |
| Inception Date | 01 May 2006 |
| FUM (millions) | AU$28 |
| 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 | Herschel's Absolute Return fund starts 2011 up 4.25% in January, with gains from both the long and short book, and taking annualised performance to 17.45% since inception. |
| More Information | » View detailed profile of this fund |
