| 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 seeks to outperform the market with less volatility than the market by allocating capital to a select group of eight to sixteen funds whose investment mandates allow them to use short selling of equities and equity indices, to use derivatives to manage risk, to use leverage and to hold large amounts of cash. In-depth proprietary research is used to select and monitor fund managers with particular emphasis on their ability to manage equity market risk through stock selection, short selling and the use of derivatives and cash. |
| Manager Comments | For the month, all of King Tide's underlying managers had positive returns, ranging from +1.39% for the Tasman Market Neutral Fund to +12.09% for the Regal Atlantic Absolute Return Fund. The three New Zealand funds averaged +3.89% compared to an average return of +5.06% for the thirteen Australian funds. King Tide had an average net market exposure of 54% in July. Moving into August, most of the underlying managers will focus on the Australian reporting season. Click below to read the latest monthly report. |
| More Information |
