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| 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 is comprised of a concentrated portfolio of securities outside the ASX100. The fund may invest up to 10% in global equities but for this portion typically only invests in New Zealand. Investments are primarily made in ASX listed and other exchange listed Australian securities, however, it may also invest up to 10% in unlisted Australian securities. The Fund is designed for investors seeking medium to long term capital growth who are prepared to accept fluctuations in short term returns. The suggested minimum investment time frame is 3 years. |
| Manager Comments | Key positive contributors in December included City Chic, Pinnacle Investment and Mainfreight. Key detractors were Helloworld Travel, United Malt Group and Austal. Prime Value noted the Fund's return over CY20 were broad-based with downside protection. 18 stocks contributed more than +1% to returns while no stocks detracted more than -1%. Prime Value remain positive on the outlook for 2021 while highlighting the challenge of forecasting the direction of markets in the short term. At the stock level they are still seeing many attractive investment opportunities and expect the coming year will provide more. To uncover these opportunities they continue to undertake an active company meeting program, averaging more than 2 meetings per day. |
| More Information |
