General Information

Acadian Diversified Alpha A
Colonial First State Investments Limited
FSF1811AU
Alternative Strategies
Not Rated
Investment Fund
17 Aug 2016
$86.3 million (as at 31 May 2017)
$1.0147 (as at 22 Jun 2017)
$1.0066 (as at 22 Jun 2017)

Fund performance (31 May 2017)

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 1.96 3.87 3.96 - - - - -
Growth return 1.96 3.87 3.96 - - - - -
Income return 0 0 0 - - - - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.15 0.44 0.88 1.79 2 2.18 2.48 3.8

Asset Allocation (31 May 2017)

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

Objectives and Strategy

To provide absolute returns in excess of the RBA cash rate before fees and taxes over rolling three-year periods. This will be achieved by investing in fundamentally attractive, lower risk global stocks and short selling fundamentally unattractive, higher risk stocks while carefully controlling portfolio risk and transaction costs. Sophisticated portfolio construction techniques will be used to implement this to limit net equity market exposure.
The fund uses Acadian's systematic fundamental analysis of stocks across a universe of global developed market equities and also seeks to exploit individual security risk mispricing. The fund will generally maintain a gross long exposure of 150% and a gross short equity exposure of 100%, resulting in it generally holding lower risk, fundamentally attractive companies and short (selling) higher risk, fundamentally unattractive companies. The fund targets being neutral to equity market movements and aims to hedge currency risk.

Offer information

Indirect Cost Ratio (ICR) 1.30% (as at 22 May 2017) (Estimated)
Minimum initial investment $25,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 28 Feb 2017)

Holding Type % of Portfolio
Seagate Technology PLC Equity 4.84%
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