| Report Date | 03 February 2015 |
| Manager | LHC Capital Partners Pty Limited |
| Fund Name | LHC Capital Australia High Conviction Fund |
| Strategy | Equity Long/Short |
| Latest Return Date | January 2015 |
| Latest Return | 0.60% |
| Latest 6 Months | 3.38% |
| Latest 12 Months | 12.73% |
| Latest 24 Months | 67.18% |
| Annualised Since Inception | 22.39% |
| Inception Date | 01 May 2011 |
| FUM (millions) | AU$141 |
| Fund Overview | The LHC Capital Australia High Conviction Fund aims to produce superior absolute returns with moderate risk and low correlation to the equity market. Through a rigorous fundamental research process, the Fund seeks to identify, understand and deploy its capital into ten core (high conviction) investment positions in companies priced below their underlying intrinsic value. The Fund expects to invest in small and mid caps and investments may be held for months or years. The Fund maintains a strong focus on risk management and will seek to achieve capital preservation through active management of core positions and through the selective shorting of companies that are structurally challenged.
LHC Capital will also seek to identify or encourage events that may act as a catalyst for valuations to converge towards their intrinsic value. The emergence of catalyst events will also have an impact on how LHC Capital allocates the Fund's capital between competing investment opportunities.
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| Manager Comments | LHC Capital Australia High Conviction Fund has an annualised return of 22.39% compared to the ASX 200 Accumulation Index of 8.00%, since inception in May 2011.
This return was achieved with lower volatility of 9.56% compare to the ASX 200 Accumulation Index of 11.89%. Since inception the Sharpe ratio of the fund is 1.86 (Index 0.44). The Fund returned 0.60% over January 2015 and 12.73% over the last 12 month and has recorded 80% of positive months (Index 64%). |
| More Information | » View detailed profile of this fund |
