| 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 | |
| Manager Comments | The long portfolio solidly out-performed the performance detraction from the short book. Intra-month performance was very strong but drifted toward the latter part of the month as markets rallied. Stock specific news centered around the Annual General Meeting updates of company earnings outlook guidance and a few quarterly reports, both of which marginally contributed to portfolio performance. Global equity markets continue to experience strong momentum. The prevalence of low interest rates is buoying sentiment with a strong pipeline of IPO's as well as capital management initiatives. This is also beginning to flow through to 'Main Street' with house prices both in Australia and in the U.S. rising. Domestically there has been a strong focus on costs as top line growth has been elusive. |
| More Information | » View detailed profile of this fund |
