KIS Asia Long Short Fund returned 1.76% during February and 15.99% (10.56% Index) for the previous twelve months with a volatility of 2.71% as compared to 11.49% for the ASX 200 Acc Index.

Auscap Long Short Australian Equities Fund had strong performance during February to return 5.32% (ASX 200 Acc 4.97%) bringing annual returns to an impressive 58.90% (Index 10.56%).

Intelligent Investor Value Fund returned 0.48% in February and a very sound 31.94% for the year to end-February (ASX 200 Acc Index 10.56%).

The Paragon Fund returned 3.80% for February, with a net exposure of 73.6%, and 21.72% for the previous twelve months.

Insync Global Titans Fund benefited from stronger equity markets during February returning 2.39% and 24.17% over the year with a notable down capture ratio of -0.84.

Pengana Australian Equities Market Neutral Fund returned 2.90% during February with a net market exposure of 2.7% and 12.85% over the preceding twelve months.

Totus Alpha Fund returned 1.44% during February and the Fund took full advantage of the buoyant equity markets over the last twelve months to return 51.45% over that time.

The Allard Investment Fund increased 0.2% during February 2014. The 2.0% appreciation of the Australian dollar, detracted from the Fund's performance.

Optimal Australia Absolute Trust returned 1.06% during February with a net exposure of 3.1% with a 12 month return of 3.20% and volatility of 1.90% (11.49% Index).

Morphic Global Opportunities Fund returned -0.71% during February with a net exposure of 101% and gross exposure at 157%.