Investment Objective
The objective of the Fund is capital appreciation while closely controlling risk. The fund aims to deliver absolute returns over rolling 12 month periods that have a low correlation with equity and bond markets, through a market neutral portfolio of global equity investments with long positions typically taken in the stocks determined most likely to deliver a positive relative return, and short positions typically taken in the stocks determined most likely to deliver a negative relative return. In seeking to achieve its investment objective, the fund will aim to deliver a return, net of fees, in excess of the Federal Reserve Funds Target Rate over rolling 3 year periods.
Latest Meeting Note
Meeting Note 31 Oct 2023
The fund has navigated through the trickier times and has seen a return to form recently. The fund is one the best performing strategy's on a 1, 2 and 3 year horizon both in absolute and riska djusted terms, with the team delivering nota...
The fund has navigated through the trickier times and has seen a return to form recently. The fund is one the best performing strategy's on a 1, 2 and 3 year horizon both in absolute and riska djusted terms, with the team delivering notable alpha during one of the most challenging periods for traditional portfolios. Recent improvements to the strategy have been beneficial to this outcome, with the inclusion of new regime conditioning techniques and the enhancement of sentiment indicators successfully helping the fund to navigate the varying macroeconomic conditions.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.5 | 0.6 | 0.8 | 0.9 | 0.9 | 0.4 | 0.5 | 0.7 | 0.5 | 0.0 | 0.4 | 0.1 | 0.9 | |
| 2023 | 0.5 | 0.9 | 0.9 | 0.2 | 0.0 | 1.0 | 0.5 | 0.8 | 0.4 | 0.9 | 0.2 | 0.1 | 0.4 |
