InvestSMART

KIS Asia Long Short - Managed Fund (Closed)

Fund Objective
To generate absolute returns of 12-15% per year with low volatility and no correlation to equity markets.
Fund Strategy
The fund has a very unique portfolio construction process and market neutral strategy which provides great differentiation to an investment portfolio. Our strategy involves identifying short term catalysts for individual stocks that we believe the market has not priced in. We aim to find an equal basket of long ideas & short ideas and hence our market exposure is mitigated. If we are unable to find an equal amount of longs vs shorts we will use an index to bring ourselves back to neutrality.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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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% -1.68% -1.95% -1.43% 3.62% 5.22% 7.17% -%
Growth return 0% -1.68% -1.95% -10.13% -3.88% -4.58% -2.42% -%
Income return 0% 0% 0% 8.7% 7.5% 9.8% 9.59% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 30 Apr 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
20.74%
Australian Equities
3.95%
International Equities
6.73%
Cash
45.92%
Property & Infrastructure
1.87%
Fixed Interest
20.79%

General Information

Fund Details
Type Description
KIS Asia Long Short
Closed
KIS0001AU
Alternative - Other
Not Rated
Investment Fund
1 Oct 2009
n/a
$1.0154 (as at 30 Apr 2019)
$1.0154 (as at 30 Apr 2019)
Finalised
Offer information
Type Description
Minimum initial investment $100,000
Minimum additional investments $100,000

FAQs about the KIS Asia Long Short

The objective of the KIS Asia Long Short managed fund is To generate absolute returns of 12-15% per year with low volatility and no correlation to equity markets.

The strategy of the KIS Asia Long Short managed fund is The fund has a very unique portfolio construction process and market neutral strategy which provides great differentiation to an investment portfolio. Our strategy involves identifying short term catalysts for individual stocks that we believe the market has not priced in. We aim to find an equal basket of long ideas & short ideas and hence our market exposure is mitigated. If we are unable to find an equal amount of longs vs shorts we will use an index to bring ourselves back to neutrality.

The APIR code of the KIS Asia Long Short managed fund is KIS0001AU.

KIS Asia Long Short’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 30 Apr 2019.

KIS Asia Long Short’s total return for the last three months was -1.68%. This was made up of a growth return of -1.68% and an income return of 0%%. These returns were calculated as at 30 Apr 2019.

KIS Asia Long Short’s one-year total return is -1.43%. This was made up of a growth return of -10.13% and an income return of 8.7%. These returns were calculated as at 30 Apr 2019.

KIS Asia Long Short’s one-year total return is 5.22%. This was made up of a growth return of -4.58% and an income return of 9.8%. These returns were calculated as at 30 Apr 2019.

The asset allocation of the KIS Asia Long Short managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The KIS Asia Long Short managed fund belongs to the Alternative - Other sector/asset class.

As at , the size of the KIS Asia Long Short managed fund was $ million.

The KIS Asia Long Short managed fund has an inception date of 1 Oct 2009.

The current entry price of the KIS Asia Long Short managed fund is $1.0154 per unit and the current exit price is $1.0154 per unit (as at 30 Apr 2019).

The current exit price of the KIS Asia Long Short managed fund is $1.0154 per unit and the current entry price is $1.0154 per unit (as at 30 Apr 2019).

The minimum initial investment amount for the KIS Asia Long Short managed fund is $100,000. Minimum additional investment is $100000.

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 can 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.