| Report Date | 23 January 2014 |
| Manager | Intelligent Investor |
| Fund Name | Intelligent Investor Value Fund |
| Strategy | Equity Long |
| Latest Return Date | December 2013 |
| Latest Return | 0.38% |
| Latest 6 Months | 20.28% |
| Latest 12 Months | 44.21% |
| Latest 24 Months | 89.20% |
| Annualised Since Inception | 14.88% |
| Inception Date | 17 October 2009 |
| FUM (millions) | AU$47 |
| 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 0.38% during December and 44.21% over the last twelve months with a set of very strong risk statistics, notably a Sharpe ratio of 3.36.
The Fund also had a maximum draw-down of -0.69% as compared to 6.72% for the ASX 200 Accum and an up capture ratio of 1.06 and down capture ratio of -0.64.
The Manager notes that 'With the exception of US markets and the industrials side of the Australian market, we are finding plenty of interesting ideas to invest in. But those two exceptions are in the middle of our circle of competence. With significant amounts of cash in both portfolios, a correction of any sort would be welcome.' |
| More Information | » View detailed profile of this fund |
