Investment Objective
The investment objective of the Fund is to seek to achieve consistent, positive absolute returns over a market cycle, typically a three to four year period, with moderate correlation to global public equity markets while reducing the market risk of the portfolio through targeted short exposure and tactical hedging. The Portfolio Manager utilizes a fundamental long/short equity strategy and will generally invest in the consumer (discretionary and staples), financial (including banks, asset managers, insurance, brokerage, fintech/global payment companies), healthcare (pharmaceuticals and biotechnology) and technology (software, internet), media and telecom sectors, without any specific geographical allocation.
Performance
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 0.2 | 0.1 | 0.3 | 0.8 | 0.1 | 0.8 | 0.7 | 0.3 | 0.4 | 1.0 | 0.4 | 0.7 | 0.2 | |
2022 | 0.1 | 0.9 | 0.4 | 0.8 | 0.4 | 0.5 | 0.7 | 0.8 | 1.0 | 0.1 | 0.6 | 0.5 | 0.4 |