General Information

Acadian Aus Equity Top 200 Long Short (Wholesale)
Closed
Colonial First State Investments Limited
FSF1076AU
Hedge Funds - Australia
starstarstarstar (as at 31 May 2013)
Investment Fund
1 Sep 2009
$5.97 million (as at 31 Mar 2013)
$1.0779 (as at 24 Jun 2013)
$1.0715 (as at 24 Jun 2013)

Fund performance (31 May 2013)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0 2.88 18.44 33.84 15.78 14.53 - -
Growth return 0 0.71 13.75 20.81 3.5 4.7 - -
Income return 0 2.17 4.69 13.03 12.28 9.83 - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.14 0.43 0.86 1.74 1.91 2.05 2.33 3.59
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Fund Performance Comparison

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Asset Allocation (31 May 2013)

Australian Equities 0%
International Equities 0%
Cash 100%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

To maximise risk-adjusted, long-term returns, by investing in undervalued stocks and short selling overvalued stocks listed on the Australian Securities Exchange. The Fund aims to outperform the S&P/ASX 200 Accumulation Index over rolling three-year periods after fees and taxes, while carefully controlling portfolio risk and transaction costs.'
Acadian's investment approach employs structured stock and industry valuation models, which are designed to capture a broad range of relevant characteristics such as value, earnings growth and price-related factors. Stocks that Acadian believes are undervalued will be purchased and overvalued stocks will be selectively short sold. The option will generally maintain a gross long exposure of 130% and a gross short exposure of 30% (130/30), with an upper limit of 150/50. The option does not hedge currency risk.

Offer information

Indirect Cost Ratio (ICR) 0.83% (as at 11 Jun 2013) (Estimated)
Minimum initial investment $500,000
Minimum additional investments
Minimum redemption amount

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Data shown on this website is sourced by Morningstar
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