Plato Asset Management's market neutral fund, has just managed to return a positive performance for November of +0.01%, although two other Plato funds, the Core Composite, and the Equity 130/30 each lost -6.44% and -6.17% respectively for the month.
The November performances from Plato continue the trend which has been in place all year. Whilst the market neutral fund is +1.52% YTD, against the ASX which is down over 40%, the core (long only) fund is -39.99% and the 130/30 has lost 40.96% since its inception in January 2008.