| 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 Fund's annualised return since inception in July 2008 is 12.65% with the Index return 4.47%, again with a much lower volatility of 10.19% as compared to 15.06%. The Sharpe and Sortino ratios also show strong reward-to-risk ratios at 0.84 (0.11) and 1.21 (0.04) respectively (index numbers are shown in brackets). The largest positive contributors to the month's performance were DUET Group and Summerset NZ while the largest detractors were Mermaid Marine, ANZ Bank, Fox Group, Seven West Media and Resmed. In terms of the portfolio the Manager comments as at 31st January 2014, cash (including notes and preference shares) represented 21% of the Fund. The top five holdings by value were: DUET Group, Telstra, ANZ Bank, Resmed and NAB and the Fund's exposure to non-Australian dollar earnings streams (inclusive of companies with global earnings profiles such as Resmed, Fox Group, CSL, NZ based companies and US dollar exposure) stood at 23%. |
| More Information | » View detailed profile of this fund |
