BENNELONG LONG SHORT EQUITY FUND
Attached is our most recently updated Fund Review on the Bennelong Long Short Equity Fund.
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The Fund is a research driven, market and sector neutral, "pairs" trading strategy investing primarily in large cap stocks from the ASX/S&P100 Index, with a twelve year track record and annualised returns of 17.37%.
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The consistent returns across the investment history indicates the Fund's ability to provide positive returns in volatile and negative markets and significantly outperform the broader market. The Fund's Sharpe Ratio and Sortino Ratio are 1.04 (Index 0.34) and 1.73 (Index 0.37) respectively.
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Fund performance in January was modest at 2.66%, with no major changes to the Fund's positioning. The standout contributor being long in Resmed and short in Ansell. Also helping performance was long Henderson?s / short AMP, while long Caltex / short Metcash again was a top contributor following last month?s respective profit upgrade / downgrade announcements.
For further details on the Fund, please do not hesitate to
contact us.
Sean Webster
Research and Database Manager
Australian Fund Monitors
