23 Jan 2014 - Fund Review: Bennelong Kardinia Absolute Return Fund

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BENNELONG KARDINIA ABSOLUTE RETURN FUND

 

Attached is our most recently updated Fund Review (December 2013). You are also able to view the Fund's Profile. 

 

The Fund is long biased, research driven, active equity long/short strategy investing in listed ASX companies with a seven year track record.

 

Bennelong's Kardinia Long/Short equity fund returned 1.11% in December 2013, taking returns for the year to 14.78%, broadly in line with annualised returns since inception of 14.10%. By month end the Manager had increased the Fund's net exposure to 74.8%, based on 82.5% long, and 7.7% short..

 

The Fund also has a strong focus on capital protection in negative markets. Portfolio Managers Mark Burgess and Kristiaan Rehder have significant market experience, while the Bennelong Group provide infrastructure, operational, compliance and distribution capabilities.

 

For further details on the Fund, please do not hesitate to contact us.

 

Sean Webster

 

Australian Fund Monitors