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| Manager | |
| Fund Name | |
| Strategy | |
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| Latest Return | |
| Latest 6 Months | |
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| Latest 24 Months (pa) | |
| Annualised Since Inception | |
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| 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 for the month were Pinnacle (PNI +24.3%), News Corp (NWS +18.3%) and Austbrokers (AUB +17.4%). Key detractors were NRW (NWH -29.7%), Redbubble (RBL -23.7%) and National Tyre & Wheel (NTD -17.7%). Prime Value noted reporting season was surprisingly positive given the volatile economic conditions experience through 2020. The Fund had several positive results, some of which included Pinnacle, News Corp and Austbrokers. Prime Value have made some modest changes to the portfolio and continue to be optimistic about the opportunities in the current market. |
| More Information |
