| 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 Fund's latest report shows that holdings in Cash and Fixed Income have increased to 22.2% from 20.7% as at the end of November. The portfolios weightings were decreased in the Industrials, IT, Health Care, Utilities, Telco, Real Estate and Financial sectors while the Fund increased its Consumer Discretionary sector weighting. The portfolio remains highly concentrated, with 53% of NAV held in the Fund's top 10 stocks. Geographically, Hong Kong and China make up most of the portfolio (44.9%), followed by Singapore (13.0%), India (10.8%), Korea (4.9%), Indonesia (2.1%), Australia (1.1%) and Vietnam (1.0%). |
| More Information |
