17 Jul 2013 - Fund Review: AFM Prism Active Equity Fund

Attached is our most recently updated Fund Review on the AFM Prism Active Equity Fund.  

We would like to highlight the following aspects of the Fund:

• The Prism Active Equity Fund ("PAEF" or "Prism") comprises a portfolio of 5 to 10 underlying Australian absolute return managers each investing in ASX listed equities. 
• The Fund's objective is to achieve double-digit annualised returns with significantly lower volatility than the underlying equity markets, with a focus on capital protection.
• Fund selection is made based on a combination of quantitative analysis of past performance and risk, coupled with extensive analysis and due diligence of the underlying manager's processes and pedigree.

Sean Webster

Research and Database Manager
Australian Fund Monitors