| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | The Fund aims to produce positive returns irrespective of the direction of the share market. For each investment the manager considers the risk, the timeline of that risk occurring and then the potential return. Low transaction costs and liquidity are other important factors in the success and implementation of the strategies. |
| Manager Comments | All portfolio strategies were positive with the exception of Long/Short at -0.14%. The Option Strategy (0.76%) was the most significant contributor for the month. Woolworths Limited (WOW.ASX) was the stand out due to concerns regarding profit announcement. Woodside Petroleum was a solid put option. The Fund Manager anticipate further large moves within the resources sector. The Fund sees potential for offshore corporations to buy Australian companies, given the significant fall in Australian dollar and subsequently increased opportunities within the Mergers and Acquisitions Strategy. The other strategies such as Convergence Trading (0.02%) and Yield Strategy (0.01%) were flat for the month. |
| More Information | » View detailed profile of this fund |
