| Report Date | 13 March 2014 |
| Manager | Allard Partners Australia Pty Limited |
| Fund Name | Allard Investment Fund |
| Strategy | Equity Long |
| Latest Return Date | February 2014 |
| Latest Return | 0.20% |
| Latest 6 Months | 2.08% |
| Latest 12 Months | 7.28% |
| Latest 24 Months | 19.99% |
| Annualised Since Inception | 8.64% |
| Inception Date | 01 July 2003 |
| FUM (millions) | AU$120 |
| Fund Overview | Allard Partners is an absolute return, long only security investor with a single mission to provide its clients with a net compound rate of return on their capital of 15% per annum over the long term. With offices in Hong Kong and Australia, Allard invests in quoted companies in the Asia Pacific region. Allard's investment approach has remained consistent throughout their history. That is to invest prudently but proactively in well-managed businesses that achieve superior returns on capital in industries with long-term growth potential. The Manager uses both broad top-down guidance and detailed bottom-up analysis to identify suitable markets, industries and companies. As long only investors, a critical factor in their performance has been their preparedness to hold cash when they cannot find companies that meet their criteria or are at a sufficient discount to their valuations. |
| Manager Comments | The Allard Investment Fund increased 0.2% during February 2014 with a cash balance of 25.6% while the 2.0% appreciation of the Australian dollar, detracted from the Fund's performance. The Fund's twelve month performance was 7.28%.
In terms of industry breakdown the Fund was most exposed to Financial Services at 17.3%, Conglomerates 13.4% and Telco's with 9.5%. The geographic breakdown was HK / China at 35.1%, Singapore 14.5% and India 10.3%.
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| More Information | » View detailed profile of this fund |
