| 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 Manager's report noted that they were careful about positioning going into reporting season, with a keen eye to ensure that the exposures they carried were not consensus trades. Stock picking on the long side in the mid and small cap sectors drove returns for the month, with positive contributors including a long position in Alumina Ltd (+0.23%), a short in Automotive Holdings Group (+0.22%) and a long in Altium Ltd (+0.29%). Two of the Fund's biggest losers were short positions in Incitec Pivot Ltd (-0.12%) and Amaysim Australia Ltd (-0.18%), while the largest loss came from a long position in QBE Insurance Group Ltd (-0.28%). |
| More Information |
