Investment Objective
The Fund aims to achieve a positive absolute return with single digit volatility, although this is not guaranteed. The portfolio will primarily take long and short positions in North American equities. Long positions may be held through a combination of direct investment and/or derivative instruments and short positions will be created synthetically through the use of equity swaps. The portfolio aims to generate the majority of performance from stock selection.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 0.8 | 0.8 | 0.7 | 0.8 | 0.0 | 0.3 | 0.5 | 0.9 | 0.1 | 0.6 | 0.2 | 0.4 | 0.6 | |
| 2019 | 0.3 | 1.0 | 0.7 | 0.3 | 0.6 | 0.6 | 0.8 | 0.4 | 0.6 | 0.5 | 0.7 | 0.3 | 0.1 |
