| Report Date | 22 October 2013 |
| Manager | Intelligent Investor |
| Fund Name | Intelligent Investor Value Fund |
| Strategy | Equity Long |
| Latest Return Date | September 2013 |
| Latest Return | 4.77% |
| Latest 6 Months | 20.98% |
| Latest 12 Months | 42.69% |
| Latest 24 Months | 92.91% |
| Annualised Since Inception | 15.10% |
| Inception Date | 17 October 2009 |
| FUM (millions) | AU$41 |
| 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.
The manager's focus is on deep value stocks, turnarounds, asset plays and undervalued small caps. Founded in 2009, the Value Fund is $41m in size and Intelligent Investor has a total $107m under management. |
| Manager Comments | The Intelligent Investor Value Fund returned 4.77% for the month of September, taking the one-year return to 42.68% and the annualised return since inception in November 2009 to 15.09% vs. the ASX200 Accumulation Index's return of 7.76% over the same period.
A number of small cap holdings contributed to the Fund's positive performance, including Enero Group, Ingenia Communities and GBST Holdings. The Fund's cash weighting increased slightly to 17%. |
| More Information | » View detailed profile of this fund |
