| 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 | Paragon believes that markets are not always efficient, exhibiting a common tendency to price securities well outside of their intrinsic value over the medium term. This market characteristic provides the opportunity for Paragon, an active manager with a flexible mandate, to generate superior investment returns over the longer term. Paragon believes that it is critical to understand both the companies and the industries in which they operate, in order to fully comprehend each investment opportunity. Accordingly, a fundamental approach to company research is taken. Assessing the potential downside is also paramount in framing the risk/reward trade-off for potential investments. |
| Manager Comments | Key positive contributors for November included Longs in NetComm Wireless, Mayne Pharma, and APN Outdoor. At the end of the month the Fund had 34 long positions and 16 short positions. Majority of the Fund's net industry exposure was in the Industrial sector at 54%, followed by Financial sectors, 13.9%. Over one-fifth of the portfolio was held in cash (23.1%). Click below to read the latest monthly report, highlighting two stocks; Mayne Pharma and Netcomm Wireless that the Fund Manager believes will provide long term growth. |
| More Information |
