| Report Date | 23 May 2013 |
| Manager | Allard Partners Australia Pty Limited |
| Fund Name | Allard Investment Fund |
| Strategy | Equity Long |
| Latest Return Date | April 2013 |
| Latest Return | 0.80% |
| Latest 6 Months | 4.01% |
| Latest 12 Months | 8.77% |
| Latest 24 Months | 14.74% |
| Annualised Since Inception | 8.49% |
| Inception Date | 01 July 2003 |
| FUM (millions) | AU$124 |
| Fund Overview | Allard Partners is an absolute return, long only security investor with a single mission to provide its clients with a net compound rate of return on their capital of 15% per annum over the long term. With offices in Hong Kong and Australia, Allard invests in quoted companies in the Asia Pacific region. Allard's investment approach has remained consistent throughout their history. That is to invest prudently but proactively in well-managed businesses that achieve superior returns on capital in industries with long-term growth potential. The Manager uses both broad top-down guidance and detailed bottom-up analysis to identify suitable markets, industries and companies. As long only investors, a critical factor in their performance has been their preparedness to hold cash when they cannot find companies that meet their criteria or are at a sufficient discount to their valuations. |
| Manager Comments | The Allard Investment Fund recorded 0.80% over April with its since inception (July 2003) performance at 8.49% pa.
At end-April the asset breakdown was 68.6% equities and 31.4% cash and fixed income. The geographic breakdown was HK/China 32.1%, Sing 12.4% and Korea 9.3% with other countries at lower percentages.
In terms of portfolio concentration the top 5 holdings were 36.1% of the total portfolio, the next 5 holdings 16.6% and the remainder at 15.9%. |
| More Information | » View detailed profile of this fund |
