| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | The Fund places a high priority on capital preservation, and have an absolute return focus in accepting market risk. The Manager employs a comprehensive approach to making investment decisions utilising value, growth and discounted cash flow styles. The portfolio is somewhat concentrated and the manager looks to diversify the portfolio across industries and themes rather than staying near an index. The portfolio may at times have a large amount of cash or other protection. |
| Manager Comments | Over the Fund's first 12 months, to 30 June, the return was +18.6%. This is above the Manager's target of 12-15% pa over a full cycle and, as intended, it was achieved while limiting the Fund's risk exposure. Net exposure to the market averaged only 65% over the year and the standard deviation of monthly returns was approximately half that of the ASX200 Acc Index. |
| More Information | » View detailed profile of this fund |
