Investment Objective
The investment objective of the Fund is to be exposed to the Strategy during the life of the Fund. The Strategy is based on two components, being (i) a proprietary discretionary trading strategy which has been developed by the Sub-Investment Manager and (ii) an allocation of any excess cash to liquid assets pursuant to a process defined and implemented solely by the Manager. The Trading Strategy’s investment objective is to achieve capital appreciation across shifting economic and market environments, through both long and short positions in equities which are mainly but not exclusively listed on North American Recognised Markets. The short exposures will be achieved only through the use of FDI.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.1 | 0.3 | 0.3 | 0.5 | 0.8 | 0.8 | 0.2 | 0.8 | 0.1 | 0.7 | 0.5 | 0.6 | 0.5 | |
| 2022 | 0.2 | 0.3 | 0.0 | 0.4 | 0.2 | 0.5 | 0.6 | 0.2 | 0.7 | 0.2 | 1.0 | 0.3 | 0.3 |
