Colonial First State - Acadian Australian Equity Long Short
Note: Investment Objective and Investment Strategy details are copied from Fund Manager PDS or profile documents.
||Colonial First State - Acadian Australian Equity Long Short
||Colonial First State - FirstChoice Investments (show all funds)
||S&P/ASX 300 Accumulation Index
||To maximise risk-adjusted, long-term returns by investing in undervalued
stocks and short selling overvalued stocks listed on the Australian Stock
Exchange (the option can include up to 10% of its portfolio in securities
listed on the New Zealand Stock Exchange) while carefully controlling
portfolio risk and transaction costs.
||The optionís investment strategy is based on the belief that markets are
inefficient, creating price anomalies that can be exploited by a disciplined,
objective investment process. Acadianís investment approach employs
structured stock and sector valuation models, which are designed to
capture a broad range of relevant characteristics such as value, earnings
growth, and price-related factors. This allows Acadian to systematically
unearth securities with unrecognised value, as well as improving earnings
prospects, to help unlock that value. Undervalued stocks 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.
* Statistics exclude both first and current (incomplete) financial year
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* Statistics exclude both first and current (incomplete) quarter
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Performance data assumptions
Performance is calculated on an initial investment of $10,000 using entry price, with distributions reinvested using actual unit price. No tax or contribution fees have been deducted from the results. If your own investment was subject to contribution fees or if you did not reinvest distributions, your returns may be less than that shown. Your after-tax returns will also be less. Data is sourced directly from fund managers, but we offer no warranty as to the accuracy of the data, we suggest you verify the data from other sources before acting on the information on this site.
These charts show historical performance only and give no indication of future performance. This information is general in nature and does not take into account your personal circumstances, goals or investment objectives. You should assess whether the information is appropriate for you and consider talking to a financial adviser before making any investment decisions.
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