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| Fund Overview | The Cor Capital Fund is a Multi- Asset Fund which combines a pre-determined strategic asset allocation with active but systemised rebalancing to generate returns and manage volatility whilst maintaining transparency and liquidity. The Fund strategy is not reliant on accurate market predictions, forecasts or timing for success. Returns are generated in a number of ways; 1) by maintaining sufficiently large positions in a diverse group of asset classes, 2) via the 'volatility harvesting' consequences of active rebalancing, and 3) from the offsetting behaviour of certain asset classes under specific conditions. The combined portfolio is expected to exhibit relatively low volatility and low turnover. In the interests of avoiding complexity, maintaining liquidity, and minimising reliance on third parties, the Fund strategy does not employ gearing, derivatives or short-selling. |
| Manager Comments | The total return since inception in August 2012 was 8.7 percent or 4.7 percent per annum. Calendar year to date total return is 2.15%. During May bonds were the best performer in the portfolio (+1.33%) followed by equities (+0.70%). Gold in Australian dollar terms fell 3.27 percent which pushed the overall return for the month into the red. In line with the Fund strategy of rebalancing the portfolio away from popular assets to those that are 'unloved', the Manager has reduced the investment in equities and increased the Fund's holding in gold bullion after a breach of weighting limits at the end of May. |
| More Information | » View detailed profile of this fund |
