| 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 aims to produce returns, after management fees and expenses of between 8% to 11% p.a. over rolling five-year periods. Furthermore, the Fund aims to achieve these returns with volatility that is a fraction of the Australian equity market, in order to smooth returns for investors. |
| Manager Comments | The performance of the Fund's underlying managers in March was mixed with six of the nine managers delivering a positive return. In a month where the market rallied strongly, the Beta managers (+0.13%) made a positive overall contribution to the Fund's performance. This was complemented by the performance of the Alpha managers, which combined to make a positive contribution (+0.16%). The Cash and Fixed Income allocation also made a small, positive contribution to performance (+0.01%). NWQ continues to believe that there exists further potential for destructive equity and bond market volatility in the coming months, and therefore, the portfolio continues to remain overweight to the Alpha or market neutral strategies. |
| More Information |
