| 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 | The manager's investment approach is premised on the belief that fundamental factors (such as earnings, cash flow and profit growth) affect stock prices, but that the adoption of quantitative techniques (i.e. computer based models) provides an advantage in assimilating and analysing this information, and building an efficient portfolio. The Fund's portfolio is constructed to be 'Market Neutral' i.e. it aims to have little or no overall exposure to movements in the equity market. The aim of low exposure to market movements is to enhance the consistency of the portfolio's performance and to provide diversification from other market oriented investments. |
| Manager Comments | Since inception the Fund has delivered 8.95% as compared to 4.74% for the ASX 200 Acc Index with a volatility of 7.99% as compared to 15.06% for the Index. The manager comments that the Momentum factor dominated performance over January with Revisions, Value and Quality factors under-performing. The market made a notable shift away from the Quality factor, in particular the stability of earnings. Overall the Fund's fundamental factors failed to gain traction in a market environment where the continued push for increased risk appetite was against rapidly falling market volumes and volatility. |
| More Information | » View detailed profile of this fund |
