| 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 is a long/short investment fund principally investing in listed entities, commodities, futures and options in Australia and internationally. The Fund is not a market neutral fund and accordingly may switch between net long positions and net short positions. The Fund may use short sales and derivatives. Gearing may be used to enhance returns and the Fund may be geared in excess of 100% of the Fund's Net Asset Value. There is a limit to net exposure of 150%. |
| Manager Comments | Top contributors in January were long positions in Facebook +0.91% and SmartGroup +0.35% and a short position in Mantra +0.25%. Biggest detractors were short positions in Energy World -0.35% and Estia -0.31% and a long position in Premier Investments -0.35%. At month-end (31 January), the Fund had a net exposure of 63.3% and a gross exposure of 217.4%. The Fund held 101 positions (44 long and 57 short). |
| More Information |
