| 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 | The decreased volatility in the global markets, saw a drawdown from our Option Strategy (-0.94%). The Fund held significant downside exposure to Santos Ltd (STO.ASX), while waiting for a possible equity issue. However this also provided extra protection during the Origin Energy (ORG.ASX) rights trading, which provided profitable Convergence trading opportunities. Regulatory concerns saw lots of activity within our Mergers & Acquisitions strategy but despite this we were able to generate a positive return (+0.28%). The Yield and Long/Short Strategies both saw a small positive contribution of 0.12% and 0.09% respectively. Click below to read more on the Fund's performance. |
| More Information |
