| 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 | |
| Manager Comments | According to the Fund Manager, the under-performance of the Fund against its benchmark, can be attributed to three main factors: 1) carrying cash, which is a performance drag in strongly rising markets; 2) style under-performance; and 3) adverse stock outcomes. However, the Fund's biggest win once again came from their large market neutral US Banks position. Other smaller win included a merger-arbitrage position on Australian document storage firm Recall. For the month, the Fund had over 54% of their equity exposure in the North American region and over 20% in the Financials Sector. Click below to read the Fund Manager's monthly report and their September outlook of the market. |
| More Information |
