| 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 recorded its largest ever monthly gain in July. NWQ noted that this came against the backdrop of an elevated level of stock return dispersion and a strengthening of market thematics around the winners and losers of the transition to a COVID economy. Each of the Fund's underlying managers capitalised on this opportunity set and delivered a positive return in the range of +2% to +15%. NWQ believe this rich opportunity set will be sustained as the world continues to transition to the 'new normal' of the COVID economy. The Fund's overall exposure to the market remains low. |
| More Information |
