| 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 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 | The Fund's Sharpe and Sortino ratios (since inception), 1.00 and 1.40 respectively, by contrast with the Index's Sharpe of 0.69 and Sortino of 0.83, highlight its capacity to produce superior risk adjusted returns while avoiding the market's downside volatility. The Fund's up-capture and down-capture ratios for performance over the past 12 months, 153% and -4.6% respectively, highlight its significant outperformance over that period in both the market's positive and negative months. Key positive contributors for the month were Mainstream (MAI +119.9%), Uniti Wireless (UWL +20.4%) and City Chic (CCX +17.6%). Key detractors were Redbubble (RBL -18.2%), Southern Cross Media (SXL - 9.9%) and Helloworld (HLO -13.0%). |
| More Information |
