| 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 | Whilst the Fund's primary strategy is focused on long/short equities, the ability to retain discretionary powers to allocate across a number of other investment strategies is reserved. These strategies may include, but not be limited to: convertible bond investments, portfolio hedging, equity related arbitrage, special situations (e.g. merger arbitrage, rights offerings, participation in international public offerings and placements, etc.). The Fund's geographic focus is Asia excluding Japan, but including Australia). The Fund may invest outside of this region to the extent that: 1. The investment decision is driven from the Asian region or; 2. The exposure is intended to mitigate risk or enhance return from factors external to the Asian region. |
| Manager Comments | The KIS Asia Long Short Fund rose +0.42% in July, taking annualised performance since inception in October 2009 to +13.11% versus the ASX200 Accumulation Index's +7.81% per annum. This return has been achieved with an annualised volatility of 5.19% versus the Index's 11.53%. The Fund has demonstrated a strong focus on downside protection; Sortino ratio of 4.28 versus the Index's 0.60, and down-capture ratio since inception of -95.13%. A negative down-capture ratio indicates that, on average, the Fund has achieved positive performance in the market's negative months. |
| More Information |
