| 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 | The Fund returned -1.73% in September. NWQ noted global markets continue to be caught between the conflicting currents of a global economic slowdown and heightened geopolitical risk on the one hand and central bank policies designed to stimulate growth on the other. This environment favoured managers that adopt a discretionary trading approach and collectively those managers in the Fund's portfolio made a positive contribution to the overall return (+0.62%), while managers with a systematic approach found this environment more challenging (-2.23%). The Fund's equity and currency exposures were positive contributors during the month. There were also modest losses from the Fund's fixed income and commodity exposures. |
| More Information |
