BENNELONG KARDINIA ABSOLUTE RETURN FUND
The Fund is long biased, research driven, active equity long/short strategy investing in listed ASX companies with an eight year track record.
Bennelong's Kardinia Long/Short equity fund returned 0.87% in March 2014, taking returns for the year to 7.73% (ASX 200 Accum 13.46%). Annualised returns since inception are 13.57% as compared to the Index at 4.87% and with a lower volatility of 7.70% pa as compared to 14.53% pa. At month-end the Fund's net exposure was 48%, with long exposure 81.1% and short exposures 33%.
The Fund also has a strong focus on capital protection in negative markets. Portfolio Managers Mark Burgess and Kristiaan Rehder have significant market experience, while the Bennelong Group provide infrastructure, operational, compliance and distribution capabilities.
For further details on the Fund, please do not hesitate to
contact us.
Sean Webster
Research Manager
Bennelong Kardinia AFM Fund Review March 2014 (pdf format)
