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| Fund Overview | The Fund may invest in securities expected to be listed on the ASX within 12 months. The Fund may also invest in securities listed, or expected to be listed, on other exchanged where such securities relate to ASX-listed securities |
| Manager Comments | The Fund returned -11.30% in February. Bennelong noted this highlights the extra risk one takes in investing in emerging companies; greater risk, more volatility, larger drawdowns and a higher chance of loss. They emphasise the need for investors to take a longer term perspective when investing in the Fund as focusing solely on recent returns is a poor guide to the longer term performance. The Fund invests in a concentrated portfolio of high quality growth stocks that Bennelong believe will build shareholder value over time. The Fund's largest holdings as at February 2020 were Viva Leisure, Bwx and Mader. |
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