| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | This is achieved through active allocations to a select number of liquid alternative managers that employ a variety of strategies. The Fund places emphasis on managers who demonstrate a rigorous and repeatable investment process that has delivered a strong track record. |
| Manager Comments | US and European equity markets suffered their largest monthly decline for the year in May while safe haven assets such as US Treasuries, the US Dollar and Japanese Yen strengthened. This market backdrop, they noted, was more favourable for the Fund's discretionary managers (+2.38%) as compared with the systematic managers (-3.99%). The Fund's currency exposures were the largest positive contributor during the month. However, these gains were more than offset by losses in the Fund's equity exposures. The Fund's fixed income positions combined to produce a modest loss while there was a small gain from the Fund's commodities positions. |
| More Information |
