| 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 aims to produce returns after management fees and expenses of RBA Cash Rate + 4.0-5.0% p.a. over rolling five-year periods. Furthermore, the Fund aims to achieve these returns with volatility that is a fraction of the Australian equity market, in order to smooth returns for investors. |
| Manager Comments | The Fund's capacity to protect investors' capital in falling and volatile markets is highlighted by the following statistics (since inception): Sortino ratio of 1.18 vs the Index's 0.63, maximum drawdown of -8.77% vs the Index's -26.75%, and down-capture ratio of 13.25%. NWQ noted the Fund's outperformance in April demonstrated the Fund's underlying managers' skills in stock selection, outperforming a strongly rising stock market (Fund +4.13% vs +3.47% for the market) while maintaining throughout the month a modest 30% net exposure to the market. The Fund continues to maintain a modest net stock market exposure of 30% and no direct exposure to interest rates providing the Fund's investors with diversification in an environment where equity and bond market valuations are elevated. |
| More Information |
