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| Manager | |
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| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
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| Latest 24 Months | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | Whilst the Fund's primary strategy is focused on long/short equities, the ability to retain discretionary powers to allocate across a number of other investment strategies is reserved. These strategies may include, but not be limited to: convertible bond investments, portfolio hedging, equity related arbitrage, special situations (e.g. merger arbitrage, rights offerings, participation in international public offerings and placements, etc.). The Fund's geographic focus is Asia excluding Japan, but including Australia). The Fund may invest outside of this region to the extent that: 1. The investment decision is driven from the Asian region or; 2. The exposure is intended to mitigate risk or enhance return from factors external to the Asian region. |
| Manager Comments | Majority of the Fund's return came from the Long Short strategy, which contributed 227bp. In total, longs contributed 307bp with short positions costing 80bp. On average the long exposures rose by 6%, whilst the short exposure rose 2%. On a specific stock name basis, the Paladin Exergy (PDN.AX) contributed 68bp to the portfolio The Fund also benefited from their long time holding in Freelanver (FLN.AX), which contributed 42bp. Other strategies Special Situations returned 24bp, while Portfolio Hedge did not make a significant contribution. To read more, cLick below for Fund's Monthly performance report. |
| More Information |
