| 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 recent strong performance of the Fund's underlying managers continued with positive contributions to overall performance made by each underlying manager. The Fund's Beta managers benefited from the tailwinds of rising equity markets in December and both the Alpha and Beta managers made gains on favourable stock-specific developments over the course of the month. NWQ believe with the prospect of global interest rate normalisation--led by the US--ahead in 2018, equity market volatility is likely to increase from its current historic lows. The market neutral or 'hedged' profile of the Fund means that it is appropriately positioned should this heightened volatility materialise. |
| More Information |
