| Report Date | 09 March 2010 |
| Manager | Prodigal |
| Fund Name | Prodigal Equity RV Fund |
| Strategy | Equity Long/Short |
| Latest Return Date | January 2010 |
| Latest Return | 2.45% |
| Latest 6 Months | 2.27% |
| Latest 12 Months | 12.80% |
| Latest 24 Months | 29.51% |
| Annualised Since Inception | 13.86% |
| Inception Date | 01 January 2008 |
| FUM (millions) | US$52 |
| Fund Overview | The fund generates profits by capturing the volatility of highly correlated equity pairs that are typically related by a fundamental corporate structure. |
| Manager Comments | Prodigal's Equity RV fund shone again in February, generating a return of +1.9% for the month after gaining 2.45% in January. The manager attributes the fund's strong performance over the last two months to mean reversion from the wide spread levels at the end of 2009.
Geographic exposure of the fund's assets during the month shifted from a heavy weighting in Japan to heavier weightings in Korea and Singapore, while finishing the month in a very low risk position with long exposure totalling less than 50% of capital. |
| More Information | » View detailed profile of this fund |
