| Report Date | 27 October 2014 |
| Manager | Laminar Group |
| Fund Name | Laminar Credit Opportunities Fund |
| Strategy | Fixed Income |
| Latest Return Date | September 2014 |
| Latest Return | 0.84% |
| Latest 6 Months | 5.00% |
| Latest 12 Months | 9.54% |
| Latest 24 Months | 28.30% |
| Annualised Since Inception | 20.60% |
| Inception Date | 31 October 2009 |
| FUM (millions) | AU$49 |
| Fund Overview | The aim of the fund is to identify opportunities in the fixed income credit markets. The Fund invests in a full spectrum of fixed income products that includes but is not limited to: corporate bonds,; bank debt; credit derivatives; bank loans;commercial paper;hybrid securities; and mortgage-backed and asset-backed securities.
The Fund may also invest in derivatives for hedging purposes.
The portfolio of the Fund comprises primarily Investment Grade holding of 75% of the Fund's assets. Benchmark allocations are Australasia 50% to 100%, North America 0% to 50% and Europe 0% to 50%. Currency hedging may take place depending on benefits to the Fund. |
| Manager Comments | Laminar Credit Opportunities Fund returned 0.84% during September and 9.54% for the prior year (as compared to the RBA Cash Rate of 2.50%) with a volatility of 0.57%. The Sharpe ratio was 11.78 for the 12 months to end-September and 2.00 since inception in October 2009.
Fund composition at month-end was RMBS 64%, Listed Securities 8%, Corporate Bonds 7%, Short date Loans 20% and Cash 1%.
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| More Information | » View detailed profile of this fund |
