Fact Sheet
As at January 2021
As at January 2021
Watermark Australian Leaders Fund
Manager Summary
Watermark is an active, high conviction fund manager investing in Australian public companies. Established in 2003 by Justin Braitling, who has over 30 years experience managing portfolios of Australian and International shares, Watermark comprises a team of experienced investment professionals based in Sydney.
Strategy Summary
Australian Leaders Fund Limited (ALF) is a listed investment company (LIC) trading on the ASX. The fund invests in leading Australian companies, with strong business fundamentals and offering attractive terms. By constructing a portfolio of undervalued shares the Fund aims to deliver superior returns to shareholders over time. The Fund will also short sell those companies which the Manager believes are overvalued and therefore likely to underperform the market.
Key Terms
| Status: | Closed | Inception Date: | Jul 2007 |
| Strategy: | Equity Long/Short | Style: | Blend |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Retail | Min. Investment: | US$ 100,000 |
| Distributions: | 6 Monthly | Applications: | Daily |
| Fund Size: | AU$ 211.08m | Management Fee: | 1.00% |
| Manager FUM: | AU$ 88m | Performance Fee: | 20.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Jan 2021: | -0.19% | 0.31% | Sharpe1: | 0.54 | 0.43 |
| 1 Year: | -0.16% | -3.11% | Sortino1: | 0.73 | 0.49 |
| 3 Years1,2: | -0.34% | 7.00% | Best Month1: | 16.03% | 10.21% |
| 5 Years1,2: | -0.32% | 10.03% | Worst Month1: | -16.30% | -20.65% |
| Inception1,2: | 9.74% | 8.77% | Volatility1,2: | 12.33% | 13.86% |
| Up-Capture1: | 24% | N/A | Down-Capture1: | 70% | N/A |
Cumulative Returns Fund Index
Watermark Australian Leaders Fund - Cumulative Performance vs ASX 200 Total Return
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Equity Alternative - Australia Peer Group (124 funds) as at
Quintile data is pending for Watermark Australian Leaders Fund.
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.