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Printed: 20 September 2026 12:32 PM

6 Nov 2013 - Monash Absolute Investment Fund

By: Australian Fund Monitors
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Report Date05 November 2013
ManagerMonash Investors
Fund NameMonash Absolute Investment Fund
StrategyEquity Long/Short
Latest Return DateOctober 2013
Latest Return3.00%
Latest 6 Months18.11%
Latest 12 Months37.46%
Latest 24 Months
Annualised Since Inception28.76%
Inception Date30 May 2012
FUM (millions)AU$33.0
Fund OverviewThe Monash Absolute Investment Fund is long biased equity hedge fund focused on the Australian market. It invests in shares as a source of specific opportunity, not to go up and down with the market.

The fund seeks to identify opportunities in the share market to make positive returns (long and short) irrespective of market conditions. It is style agnostic, as compelling investment opportunities exist across all investment styles from time to time. The Fund places a high priority on capital preservation, and has an absolute return focus in accepting market risk.
Manager CommentsMonash Absolute Investment Fund has returned 18.07% year-to-date and 37.30% for the last 12 months. October performance was 3.00% with a net exposure at month-end of 97% and a beta of 0.52.

The Manager notes that October was another interesting month. There was no slackening in the number of placements and IPOs, which are taking advantage of improving investor confidence. Evidence of a recovering risk appetite is also shown by global fund flow data. After 5 years of strong flows into cash and bond funds and outflows from equity funds the trend has now reversed.
More Information» View detailed profile of this fund

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