| 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 | The Fund aims to produce returns after management fees and expenses of RBA Cash Rate + 4.0-5.0% p.a. over rolling five-year periods. Furthermore, the Fund aims to achieve these returns with volatility that is a fraction of the Australian equity market, in order to smooth returns for investors. |
| Manager Comments | The Fund has hedged out 65% of the fall in the Australian market for the calendar year (-5.82% for the Fund vs -16.35% for the market) and NWQ believe they are well positioned for a full recovery. They noted this recovery began in April with the Fund's underlying managers profiting from the combination of greater return dispersion around quality factors and selective participation in capital raisings. NWQ expect these tailwinds to continue in the coming months as the Australian economy works its way out of the COVID-19 induced shutdown. |
| More Information |
