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| Fund Overview | Typically, the Fund's portfolio will have 50% or more net exposure to stocks. The Fund's portfolio is constructed in accordance with Platinum's Investment Methodology. |
| Manager Comments | The Fund is 92% long and 12% short individual shares and indices with cash and liquids at 8% for a net invested position of 80%. The market moved upward in March however $A appreciation saw the MSCI World Index flat in $A terms. Despite concerns over Cyprus markets like France, Germany and the UK were all up 1%. The US market rose 4% on the back of stronger economic data like manufacturing, payroll and industrial production. Emerging markets fell 2% as money flows preferred developed markets and China (-5%). Equities in Japan continued to move higher, up 5%, and the Yen continued its fall on talk of the BoJ using monetary policy to re-inflate the country's declining economy. The manager notes that consistent out-performance and relative over-weight position of Japanese equities continues to contribute to Fund performance. |
| More Information | » View detailed profile of this fund |
