| Report Date | 23 June 2014 |
| Manager | Allard Partners Australia Pty Limited |
| Fund Name | Allard Investment Fund |
| Strategy | Equity Long |
| Latest Return Date | May 2014 |
| Latest Return | 2.60% |
| Latest 6 Months | 1.80% |
| Latest 12 Months | 5.05% |
| Latest 24 Months | 20.39% |
| Annualised Since Inception | 8.71% |
| Inception Date | 01 July 2003 |
| FUM (millions) | AU$118 |
| 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, India 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 | Allard Investment Fund had a strong May returning 2.60% with the annual return coming in at 5.05% with a volatility of 3.99%. Annualised return since inception is 8.71% and a low volatility of 7.86%.
At the end of May the asset breakdown of the portfolio stood at 76.9% invested in equities and 23.1% held in cash and fixed income. In terms of geographical disposition the major holdings are HK/China 41.9%, Singapore 13.1% and S Korea 8.7%.
Industry exposures are Financial Services 18.6% and Conglomerates 13.1%. The top five holdings are 41.5% of the portfolio. |
| More Information | » View detailed profile of this fund |
