| 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 Bennelong Australian Equities Fund seeks quality investment opportunities which are under-appreciated and have the potential to deliver positive earnings. The investment process combines bottom-up fundamental analysis with proprietary investment tools that are used to build and maintain high quality portfolios that are risk aware. The investment team manages an extensive company/industry contact program which helps identify and verify various investment opportunities. The companies within the portfolio are primarily selected from, but not limited to, the S&P/ASX 300 Index. The Fund may invest in securities listed on other exchanges where such securities relate to the ASX-listed securities. The Fund typically holds between 25-60 stocks with a maximum net targeted position of an individual stock of 6%. |
| Manager Comments | The Fund had a number of solid results, such as CSL and Breville Group that beat expectations in the reporting season and which were well received by the market. There were no majorly disappointing financial results reported, perhaps with the exception of Dominos. Aristocrat, one of the Fund's largest positions, was the largest contributor to the Fund's performance over the month. However, the Fund's positions in BHP and Rio Tinto detracted from its performance. The investment team continues to remain focused on the company fundamentals, particularly in an environment of macro and political uncertainty. |
| More Information |
