The Bennelong Long Short Equity Fund rose +4.26% in April, and is now up +16.84% for 2009.
As global equity markets continued their rally into another month the Fund was able to take advantage of sharply increasing prices, taking profits in a number of successful positions towards the end of the month. Portfolio activity was light otherwise, the Fund now focusing on identifying fundamentally attractive stocks, a task which is becoming increasingly difficult due to the worsening outlook for many sectors.
Click the link below to view Bennelong's fund profile.
