Acadian Australian Equity Top 200 Long Short - Managed Fund (Closed)

The objective of the Acadian Australian Equity Top 200 Long Short managed fund is To maximise risk-adjusted, long-term returns, by investing in undervalued stocks and short selling overvalued stocks listed on the Australian Securities Exchange. The Fund aims to outperform the S&P/ASX 200 Accumulation Index over rolling three-year periods after fees and taxes, while carefully controlling portfolio risk and transaction costs.'

The strategy of the Acadian Australian Equity Top 200 Long Short managed fund is Acadian's investment approach employs structured stock and industry valuation models, which are designed to capture a broad range of relevant characteristics such as value, earnings growth and price-related factors. Stocks that Acadian believes are undervalued 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.

The APIR code of the Acadian Australian Equity Top 200 Long Short managed fund is FSF1076AU.

Acadian Australian Equity Top 200 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 31 May 2013.

Acadian Australian Equity Top 200 Long Short’s total return for the last three months was 2.88%. This was made up of a growth return of 0.71% and an income return of 2.17%%. These returns were calculated as at 31 May 2013.

Acadian Australian Equity Top 200 Long Short’s one-year total return is 33.84%. This was made up of a growth return of 20.81% and an income return of 13.03%. These returns were calculated as at 31 May 2013.

Acadian Australian Equity Top 200 Long Short’s one-year total return is 14.53%. This was made up of a growth return of 4.7% and an income return of 9.83%. These returns were calculated as at 31 May 2013.

The asset allocation of the Acadian Australian Equity Top 200 Long Short managed fund is :

The Responsible Entity for the Acadian Australian Equity Top 200 Long Short managed fund is Colonial First State Investments Limited.

The Acadian Australian Equity Top 200 Long Short managed fund belongs to the Hedge Funds - Australia sector/asset class.

As at 31 Mar 2013, the size of the Acadian Australian Equity Top 200 Long Short managed fund was $5.97 million.

The Acadian Australian Equity Top 200 Long Short managed fund has an inception date of 1 Sep 2009.

The current entry price of the Acadian Australian Equity Top 200 Long Short managed fund is $1.0779 per unit and the current exit price is $1.0715 per unit (as at 24 Jun 2013).

The current exit price of the Acadian Australian Equity Top 200 Long Short managed fund is $1.0715 per unit and the current entry price is $1.0779 per unit (as at 24 Jun 2013).

The minimum initial investment amount for the Acadian Australian Equity Top 200 Long Short managed fund is $500,000. Minimum additional investment is $0.