Huon Capital Contrarian Global Value Fund - Managed Fund

Fund Performance Comparison

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Fees Comparison

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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.74 -0.44 10.81 -3.72 - - - -
Growth return -0.74 -0.44 10.81 -5.82 - - - -
Income return 0 0 0 2.1 - - - -
Market index (MSCI World Small Cap NR AUD)
Total return 1.95 3.15 6.48 1.47 10.11 12.3 12.71 12.82
As as 31 Dec 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Huon Capital Contrarian Global Value Fund
International Equities
8.80%
Cash
91.20%
Australian Equities
0%
Property
0%
Average Allocation of Peers
International Equities
93.29%
Cash
2.36%
Australian Equities
0.64%
Property
3.71%

General Information

Fund Details
Type Description
Huon Capital Contrarian Global Value Fund
Closed
Theta Asset Management Ltd
MMC0001AU
Equity World Mid/Small
Not Rated
Investment Fund
9 Jul 2007
$18.24 million (as at 31 Dec 2008)
$0.8904 (as at 6 Jan 2009)
$0.8851 (as at 6 Jan 2009)
Fund Objective
The Contrarian Global Value Fund's objective is to maximise long term capital appreciation and capital preservation by providing investors with a concentrated portfolio of international equities, bonds and cash that aims to achieve a rate of return in excess of the Morgan Stanley Capital International (MSCI) All Countries World ex Australia index (unhedged) in $A over rolling three year time frames, however this is not guaranteed.
Fund Strategy
The Fund aims to achieve this objective by opportunistically selecting stocks from around the globe, with a high degree of flexibility. The Fund will have no geographic, capitalisation or industry constraints, and will be managed with a contrarian style. The strategy will not take account of commonly used benchmark compositions and weightings, and may hold cash when there are a lack of suitable investments that meet the Fund's strict valuation criteria.
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.05% (as at 31 Dec 2007)
Minimum initial investment $25,000

Top 10 holdings (as at 31 Dec 2008)

Holding (as at 31 Dec 2008) Type % of Portfolio
Kingmaker Footwear Holdings Ltd. Stock 35.73%
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Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART cannot make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.39%
Intelligent Investor Equity Growth 9.87%
InvestSMART High Growth 9.27%
Intelligent Investor Equity Income 9.06%
InvestSMART Diversified Property and Infrastructure 8.48%
InvestSMART Growth 8.47%
Intelligent Investor Australian Small Companies Fund 7.27%
InvestSMART Balanced 6.86%
InvestSMART Conservative 5.33%
InvestSMART Hybrid Income 5.27%
InvestSMART Interest Income 3.75%