| Report Date | 26 September 2013 |
| Manager | Intelligent Investor |
| Fund Name | Intelligent Investor Value Fund |
| Strategy | Equity Long |
| Latest Return Date | August 2013 |
| Latest Return | 1.13% |
| Latest 6 Months | 20.68% |
| Latest 12 Months | 40.05% |
| Latest 24 Months | 70.87% |
| Annualised Since Inception | 14.05% |
| Inception Date | 17 October 2009 |
| FUM (millions) | AU$37 |
| Fund Overview | Intelligent Investor Funds Management places no emphasis on predicting short-term price movements or the direction of markets. The focus is on valuing securities and attempting to buy them for substantially less than their underlying value. The Intelligent Investor approach is to be patient, selective and only invest in opportunities where the gap between its estimate of value and the current security price is significant enough to compensate for the large degree of uncertainty inherent in valuing any security. |
| Manager Comments | Intelligent Investor Value Fund returned 1.13% in August and 40.05% over the 12 previous months. The Fund has a since inception (November 2009) annualised return of 14.05% pa as compared to the ASX 200 Accumulation Index of 7.32% return over the same time frame.
The Fund's value strategy is shown by the Sharpe Ratio of 0.73 as compared to the Index Sharpe Ratio of 0.32 (since inception).
The Manager notes that the share price falls in the last week of August wiped out most of the Intelligent Investor Value Fund's gains in the first few weeks of the month. The unit price rose 1.1% but was beaten by the benchmark All Ordinaries Accumulation Index which returned 2.6%. |
| More Information | » View detailed profile of this fund |
