| Report Date | 31 October 2014 |
| Manager | Allard Partners Australia Pty Limited |
| Fund Name | Allard Investment Fund |
| Strategy | Equity Long |
| Latest Return Date | September 2014 |
| Latest Return | 3.20% |
| Latest 6 Months | 10.45% |
| Latest 12 Months | 12.96% |
| Latest 24 Months | 27.13% |
| Annualised Since Inception | 9.15% |
| Inception Date | 01 July 2003 |
| FUM (millions) | AU$124 |
| Fund Overview | Allard Partners is an absolute return, long only security investor with a single mission to provide its clients with a net compound rate of return on their capital of 15% per annum over the long term. With offices in Hong Kong, India and Australia, Allard invests in quoted companies in the Asia Pacific region. Allard's investment approach has remained consistent throughout their history. That is to invest prudently but proactively in well-managed businesses that achieve superior returns on capital in industries with long-term growth potential. The Manager uses both broad top-down guidance and detailed bottom-up analysis to identify suitable markets, industries and companies. As long only investors, a critical factor in their performance has been their preparedness to hold cash when they cannot find companies that meet their criteria or are at a sufficient discount to their valuations. |
| Manager Comments | Allard Investment Fund returned 3.20% in September, ahead of the benchmark MSCI Asia Pacific ex Japan (A$) at -1.0%, with the annual return 12.96% with an annual volatility of 5.84%. Since inception volatility is 9.1% as compared to the benchmark at 10.5%.
At the end of September the asset breakdown of the portfolio stood at 75.5% invested in equities and 24.5% held in cash and fixed income. Within equities the Fund major sector holdings were Financial Services (19.0%), Conglomerates (11.9%) and Telco's (7.8%)
Major country holdings were HK/China 41.5% and Singapore 11.9%.
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| More Information | » View detailed profile of this fund |
