| 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 | In January, the returned of the underlying managers were varied. NWQ noted that the Beta managers, whose returns can depend on the direction of the equity market, produced marginally positive returns demonstrating sound stock selection. Alpha managers drove portfolio performance during the month, demonstrating the diversification benefits that these managers can provide in falling markets. The portfolio currently comprises five Alpha managers (62.5% of the portfolio), four Beta managers (25%) and 12.5% cash. |
| More Information |
