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| Fund Overview | - Australian and International Equity Long/Short - Global Fixed Income Long/Short - Global Macro - Commodity Alpha - Alpha Transport The Fund's goal is to provide investors with a source of consistent, risk-controlled, absolute returns that are over time, expected to have low correlations with the returns of major asset classes. The Fund aims to achieve a return of 8% p.a. before fees, above the RBA Cash Rate Target over rolling 3 year periods. In order to achieve its expected return objective, the Fund will target a total expected risk of between 4-6% p.a. over the same rolling 3 year period. |
| Manager Comments | The Fund has a remarkably low risk profile and very strong risk-adjusted statistics. The annualised volatility is 1.59% vs 10.99% for the ASX 200 Accumulation Index over the last 12 months and a Sharpe Ratio of 2.50 as compared to 1.74 for the Index over the same time frame. The Fund had only one negative month over the last year with a maximum draw-down of 0.16% as compared to 6.72% for the Index. The Multi Opportunity Fund delivered positive performance in July with Fixed Income Global Alpha, Global Equity Market Neutral, and Australian Equity Market Neutral strategies performing strongly. Detractions from the Global Macro strategy partially offset the positive performance. |
| More Information | » View detailed profile of this fund |
