| 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 | Amongst the Fund's managers 8 of 15 returned positive results for the month with 10 of them outperforming their local market. Monash, Smallco, and Auscap were the key detractors for the month, falling -4.01%, -2.70% and -1.20% respectively. L1, Paragon and PIE Growth were the biggest contributors for the month, with returns of 2.51%, 2.29%, and 0.68%. At the end of the month, King Tide added Level 18 Fund to their portfolio, following on from the final redemption of Bennelong Long Short Equity Fund at the end of December. |
| More Information |
