| Report Date | 15 March 2010 |
| Manager | Antares Managed Investments |
| Fund Name | Antares Lodestar Absolute Return Trust |
| Strategy | Equity Long/Short |
| Latest Return Date | February 2010 |
| Latest Return | 1.08% |
| Latest 6 Months | 5.11% |
| Latest 12 Months | 28.94% |
| Latest 24 Months | -2.68% |
| Annualised Since Inception | 1.21% |
| Inception Date | 01 March 2007 |
| FUM (millions) | AU$147 |
| Fund Overview | The Trust is an absolute return fund. It aims to provide investors with superior absolute returns in both rising and falling Australian equity markets over the medium to long term. Returns are likely to be less volatile than sharemarket indices over the medium term. The Trust aims to outperform the 90 Day Bank Bill rate over rolling five-year periods |
| Manager Comments | Antares' Lodestar Absolute Return trust gained 1.08% in February, underperforing its benchmark, which the manager attributes to the defensive action taken in January being maintained. Given the global risks that were still present, the manager deemed it prudent to continue a conservative stance, reducing the fund's risk profile.
Net market exposure has been reduced to the lower end of its historic range, reflecting the potential risk to capital within current global settings, however exposure to domestic oriented stocks remains largely unchanged. |
| More Information | » View detailed profile of this fund |
