| 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 managers of the fund intend to maintain a concentrated portfolio of investments in ASX listed companies that they have investigated and consider to be undervalued. They will assess the attractiveness of potential investments using a number of common industry based measured, a proprietary in-house model and by speaking with management, industry experts and competitors. Once the managers form a view that an investment offers sufficient upside potential relative to the downside risk, the fund will seek to make an investment. If no appropriate investment can be identified the managers are prepared to hold cash and wait for the right opportunities to present themselves. |
| Manager Comments | Collins St also noted that, despite the 'missed opportunity' from not investing in the mining cycle, they remain convinced that their investments in simple to understand companies will continue to generate great outcomes, and that the commodity space is simply too complex, volatile and expensive for Collins St to focus on. Collins St noted the Fund's returns so far are especially pleasing given the Fund's disconnect from what has been the key driver of the Australian stock market over the past two years - mining companies. |
| More Information |
