General Information

Bennelong Market Neutral Fund
Bennelong Funds Management Ltd
BFL0016AU
Alternative Strategies
Not Rated
Investment Fund
23 Oct 2015
$113.36 million (as at 30 Sep 2017)
$1.0716 (as at 31 Oct 2017)
$1.0652 (as at 31 Oct 2017)

Fund performance (31 Oct 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 5.24 1.86 4.24 11.78 3.82 - - -
Growth return 5.24 1.86 -1.28 5.86 1.03 - - -
Income return 0 0 5.52 5.92 2.79 - - -

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 Oct 2017)

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

Objectives and Strategy

The Fund aims to achieve consistent absolute returns regardless of market conditions from a portfolio of both long and short large capitalisation Australian shares. The investment strategy seeks to limit the portfolio exposure to market risk in the construction of the portfolio by adopting a predominantly cash neutral position through the construction of a long/short portfolio via a series of correlated long and short paired positions.
The core investment strategy of the Fund is that it seeks to limit market risk in the construction of the Portfolio by adopting a predominantly cash neutral position through the construction of a long/short portfolio via a series of correlated long and short paired positions. The strategy seeks to capture stock Alpha whilst limiting portfolio exposure to market risk by adopting a predominantly cash neutral portfolio position.

Offer information

Indirect Cost Ratio (ICR) 2.83% (as at 30 Jun 2017)
Performance fee 1.29
Minimum initial investment $25,000
Minimum additional investments $25,000
Minimum redemption amount $25,000

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