Funds

Market Neutral Fund

 

Fund Domicile Australia
Investment Horizon 3 – 5 years
Benchmark RBA Cash Rate
Objective Targets over a 3-5 year period:

  • Annualised volatility of 15% p.a.
  • Annualised returns of > 15-30% p.a. above the RBA Cash Rate
  • Sharpe Ratio 1.0-2.0 and non-correlated to ASX Listed Equities
Portfolio Construction Net exposure will generally fall between 50% net long and 50% net short (since Aug-14 this has averaged +4.8%).
Applications Monthly with 3 business days written notice. Minimum AUD$250,000.
Redemptions Monthly with 10 business days written notice. Minimum AUD$25,000.
Buy/Sell Spread Buy: Nil; Sell: 0.3%
Fees Management: 1.65% p.a. (ex-GST) of the Net Asset Value of the Fund
Performance: 20% p.a. of the increase in Net Asset Value, subject to a High Water Mark
Valuations Monthly
Prime Broker Morgan Stanley & Co. International PLC
Fund Administrator Apex Fund Services
OMS/PMS/Risk Analytics Eze Software/Tradar
Data Recovery Centre IBM (VPD)
Accountant PwC
Auditor KPMG
Legal Baker & McKenzie

 

 

Long Short Fund

 

Fund Domicile Australia
Investment Horizon 3 – 5 years
Benchmark BBSW (Bank Bill Swap Rate)
Objective Targets over a 3-5 year period:

  • To outperform the Benchmark,
  • To generate alpha from long and short positions
Portfolio Construction Net exposure will generally fall between 70% and 40% net long.
Applications Monthly with 3 business days written notice. Minimum AUD$250,000.
Redemptions Monthly with 10 business days written notice. Minimum AUD$25,000.
Buy/Sell Spread Buy: Nil; Sell: 0.3%
Fees Management: 1.28% p.a. (ex-GST) of the Net Asset Value of the Fund
Performance: 20% p.a. of the increase in Net Asset Value, subject to a High Water Mark
Valuations Monthly
Prime Broker Morgan Stanley & Co. International PLC
Fund Administrator Apex Fund Services
OMS/PMS/Risk Analytics Eze Software/Tradar
Data Recovery Centre IBM (VPD)
Accountant PwC
Auditor KPMG
Legal Baker & McKenzie

 

 

Active Australian Share Fund

 

Fund Domicile Australia
Investment Horizon 3 – 5 years
Benchmark S&P/ASX-100 Accumulation Index
Objective Targets over a 3-5 year period:

  • To outperform the Benchmark,
  • To produce long-term capital growth and income.
Portfolio Construction Long exposure will generally fall between 100% and 80% .
Applications Monthly with 3 business days written notice. Minimum AUD$250,000.
Redemptions Monthly with 10 business days written notice. Minimum AUD$25,000.
Buy/Sell Spread Buy: Nil; Sell: 0.3%
Fees Management: 0.85% p.a. (ex-GST) of the Net Asset Value of the Fund
Performance: 15% p.a. of the increase in Net Asset Value, subject to a High Water Mark
Valuations Monthly
Prime Broker Morgan Stanley & Co. International PLC
Fund Administrator Apex Fund Services
OMS/PMS/Risk Analytics Eze Software/Tradar
Data Recovery Centre IBM (VPD)
Accountant PwC
Auditor KPMG
Legal Baker & McKenzie