| 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 | Allard's investment approach has remained consistent throughout their history: That is to invest prudently but proactively in well-managed businesses that achieve superior returns on capital in industries with long-term growth potential. The Manager uses both broad top-down guidance and detailed bottom-up analysis to identify suitable markets, industries and companies. Although long only investors, a critical factor in their strategy and performance is the ability to hold cash when they cannot find companies that meet their criteria or are at a sufficient discount to their valuations. |
| Manager Comments | The portfolio remains concentrated, reflecting the manager's high conviction approach, with 38% of NAV across the top 5 stocks, 14% allocated to the next five, leaving 27% allocated to the remaining holdings. Geographically the breakdown was heavily weighted to HK and China at 47%, followed by Singapore and India each representing approximately 12% each, and just 1% each to Indonesia and Vietnam. |
| More Information |
