| 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 | Harvest Lane Asset Management employs a conservative, highly selective and opportunistic approach. Using their extensive knowledge in the area of corporate actions, the Fund's managers assess each opportunity based on a thoughtful, diligent and disciplined process and invest where they believe an opportunity exists to generate above average investment returns relative to the risk incurred. Investment decisions are made without speculating on market direction, with rigid risk controls enforced to minimise the risk of large losses of investor capital. The Fund invests in securities that are predominantly listed on the ASX and occasionally in those listed in other developed markets. Equity swaps and other derivatives may be used at times to reduce risk. The fund typically holds high levels of cash in the absence of sufficiently attractive opportunities to deploy investor capital in accordance with its objectives. |
| Manager Comments | Harvest Lane say June delivered a rather subdued end to the year with the portfolio posting a modest decrease of -1.03%. The strategy continues to deliver on its stated goal of producing positive absolute returns; the portfolio delivered a positive return for its sixth full year in operation and is yet to produce a negative result for any financial year period. They remain optimistic about the future, noting deal flow remains plentiful. Harvest Lane noted there are a lot of green shoots in the portfolio as they enter July, giving them confidence in delivering attractive risk-adjusted returns in the months and years ahead. |
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