| 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 | Variables such as earnings surprise; stock price versus fundamental valuation; dividend policy; management composition, are used in addition to other fundamental and technical indicators to build a factual and analytical foundation to the composition of the long/short portfolio. KIS uses a discretionary approach in their investment strategy and they do not rely on large amounts of leverage. The investments are predominantly in liquid, transparent markets. |
| Manager Comments | The Fund has notable risk statistics with a twelve month Sharpe ratio of 4.55 (0.71), Sortino ratio of 46.28 (1.08) and maximum drawdown of -0.06% (-6.72% Index). Up and Down Capture ratios are 0.31 and -0.55 respectively. The Manager strategy comments are 'Long Short - This portfolio contributed 111bp. The largest contributor to the P&L this month was Stockland which contributed 23bp of the returns. In February 54% of our long and short ideas, i.e. excluding hedges, were winning. In addition to this, the average profit we made on a winning idea was 1.5 times the size of our average loss. Special Situations - This portfolio contributed 72bp this month.' |
| More Information | » View detailed profile of this fund |
