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| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
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| Fund Overview | The Fund's investment strategy seeks to identify low-risk entry opportunities and then build positions in these stocks. Once established in the portfolio, individual stock holdings are maintained for as long as their long-term upward trend remains intact and while they continue to make positive contributions to portfolio growth. Positions are reduced and ultimately closed out as their trends become exhausted or as their relative long-term performance against the broad market weakens. The Fund believes that longer time frame investments also provide a number of advantages. The effect of false signals and 'noise' which attend shorter term time frames is mitigated by only attending to signals which are confirmed by our longer term assessments. Also, the Fund gains exposure to the more expansive price trends which can last for months and years, allowing dividends and distributions received during this time to further enhance portfolio returns. |
| Manager Comments | The five most positive contributors to the fund's performance were Infigen Energy, Galaxy Resources, Orocobre Limited, Clean Teq Holdings, and Fisher & Paykel Health, while the five most negative contributors were Gascoyne Resources, Structural Monitors, Emerchants Limited, Doray Minerals and Alumina Limited. Allocations to ASX100 stocks reduced from about 18% to 15.5% of the Fund's holdings while stocks outside the ASX200 continue to account for the bulk of the portfolio's holdings, increasing to about 65% of the Fund's value. By month-end, the total number of portfolio stocks remained steady at 85 separate holdings and the portfolio remained fully invested with cash at less than 1%. Click below to read the latest Fund Manager's commentary on the Fund. |
| More Information |
