| 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 | Over the past 12 months, the fund's volatility has been 9.68% compared with the index's volatility of 10.42%. Since inception the fund's volatility has been 14.68% vs the index's volatility of 14.07%. The fund's Sharpe ratio has ranged from a high of 3.71 over the most recent 12 months, to a low of 0.98 over the past 5 years. Since inception the fund's Sharpe ratio has been 1.03 vs the index which has a Sharpe ratio of 0.74. Since inception in the months when the market was positive the fund provided positive returns 83% of the time. It has a down-capture ratio of 45.74% since inception, and ranging between 68.03% (3 years) and -4.64% (12 months), highlighting its capacity to outperform in falling markets. |
| More Information |
