| 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 Option Strategy (0.42%) as the biggest contributor for the month. The impact of lower iron ore prices saw a significant fall in Fortescue Metals (FMG.ASX) and this was a major contributor. Conversely, the rallies in Macquarie Group (MQG.ASX) and all the major commercial banks (ANZ.ASX, CBA.ASX, NAB.ASX & WBC.ASX) also saw positive contributions. The Fund Manager anticipate further large moves within the resources sector. The other strategies provided small positive contributions for towards the month's performance. Read the latest Fund Manager Report on the AFM website. |
| More Information |
