| 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 | Whilst the Fund's primary strategy is focused on long/short equities, the ability to retain discretionary powers to allocate across a number of other investment strategies is reserved. These strategies may include, but not be limited to: convertible bond investments, portfolio hedging, equity related arbitrage, special situations (e.g. merger arbitrage, rights offerings, participation in international public offerings and placements, etc.). The Fund's geographic focus is Asia excluding Japan, but including Australia). The Fund may invest outside of this region to the extent that: 1. The investment decision is driven from the Asian region or; 2. The exposure is intended to mitigate risk or enhance return from factors external to the Asian region. |
| Manager Comments | The main winner for the month, producing 27bp on the return, came from a short in Metcash (MTS.AX) whose share price suffered on concerns of supermarket price wars and Aldi's expansion. The Fund also made money on two of its long positions in BBMG Corp (2009.HK) and Altium Ltd (ALU.AX), both contributing 22bp each. The Fund, however, suffered a loss of -101bp from its long position in Range International Ltd (RAN.AX) and another -23bp from its the long position in Cardinal Resources Ltd (CDV.AX). |
| More Information |
