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Fund Facts
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Legal structure
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Superannuation Fund
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Fund inception date
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19 May 2008
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Fund objective
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To provide investment returns in excess of the Reserve Bank of Australia (RBA) cash rate over the medium term with a relatively low degree of volatility. This will be achieved by combining cash and fixed interest investments with long and short equity holdings chosen using Acadian?s equity investment process. Sophisticated portfolio construction techniques will be used to implement this in a way that limits equity market exposure.
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Fund strategy
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The option?s strategy is to adopt an active approach to managing a portfolio of money market and fixed income securities along with stocks listed on the Australian Securities Exchange. The option will seek to enhance returns by taking long and short positions in securities generally listed on the Australian Securities Exchange. The long/short structure aims to minimise equity market risk whilst benefiting from franking credits and Acadian?s sophisticated analytical models for stock selection. This option may hedge currency risk.
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Fund size
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$3.90
million (as at
31 Dec 2011
)
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Entry price
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$1.1497
(as at
08 Feb 2012)
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Exit price
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$1.1474
(as at
08 Feb 2012)
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Valuation frequency
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Daily
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Cash distribution (cents/unit)
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0.0000
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Distribution as at date
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14 Dec 2008
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