| 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 manager follows a disciplined, process-driven, and thematic strategy focused on five core investment strategies: 1) Growth stocks that are really value stocks; 2) Traditional deep value; 3) The life sciences; 4) Miners and drillers expanding production into supply deficits; 5) Global special situations; The manager uses a macro overlay to manage exposure, hedging in three ways: 1) Direct shorts 2) Upside exposure to the VIX index 3) Index optionality |
| Manager Comments | Over the past 12 months, the fund's volatility has been 31.48% compared with the index's volatility of 7.95%. Since inception the fund's volatility has been 36.66% vs the index's volatility of 11.81%. Since inception in the months when the market was positive the fund provided positive returns 83% of the time. It has an up-capture ratio of 241.31% since inception and 262.09% over the past 12 months. Across all other time periods, it has ranged between 349.4% (2 years) and 241.31% (3 years). |
| More Information |
