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| Fund Overview | |
| Manager Comments | Given the market's performance over the past 12 months the Fund's return of over 13% in difficult conditions continues to place it close to the top of AFM's rankings over most time frames. Bennelong recognises that the markets have the ability to rally over the short term given the underweight position of many investors and the potential for further central bank stimulus. However, the manager does not see conditions leading to any meaningful rally in growth assets, and sees further potential for earnings downgrades. Caution remains. |
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