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 17.45%.
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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 1.05 (Index 0.37) and 1.75 (Index 0.41) respectively.
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Fund performance in March was 3.59%, with no major changes to the Fund's positioning. Across the portfolio, 21 of the 31 pairs posted a profit. The Fund's strongest positive contributors were across three separate sectors and included: 1) Retail, 2) Financials and 3) Gaming. On the negative side, the largest setback was in Healthcare sector.
For further details on the Fund, please do not hesitate to
contact us.
Sean Webster
Research and Database Manager
Australian Fund Monitors
Fund Review: Bennelong Long Short Equity Fund March 2015