| Report Date | 30 September 2014 |
| Manager | Allard Partners Australia Pty Limited |
| Fund Name | Allard Investment Fund |
| Strategy | Equity Long |
| Latest Return Date | August 2014 |
| Latest Return | 0.40% |
| Latest 6 Months | 7.13% |
| Latest 12 Months | 9.35% |
| Latest 24 Months | 27.50% |
| Annualised Since Inception | 8.91% |
| 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 returned 0.40% during August and 9.35% over the preceding year with a volatility of 5.46%.
Since inception in July 2003 the Fund has delivered a return of 8.8% pa as compared to teh MSCI Asia Pacific (ex Japan) Index of 10.6% with around 60% of the Index volatility with Fund volatility of 7.9% as compared to 13.5%.
The Fund geographical exposure was HK/China 42.9%, Singapore 12.6%, Korea 8.1% and Cash and Fixed Income holdings of 22.5%. In terms of industry breakdown the three largest sectors were Financial Services 19.3%, Conglomerates 12.6% and Telcos 8.8%.
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| More Information | » View detailed profile of this fund |
