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Antares Prof Long/Short Equity - Managed Fund (Closed)

Fund Objective
The Fund's objective is to outperform the blended Benchmark (75% S&P/ASX 200 Accumulation Index and 25% UBS Australian Bank Bill Index) over a rolling five year period by investing in a diversified portfolio of Australian shares.
Fund Strategy
The fund can hold short positions in shares totaling up to 50% of the value of the fund's net assets. The fund can use the proceeds from short selling to make additional investments in other shares up to 50% of the value of the fund's net assets (enhanced long positions) enabling the fund to have a gross market exposure up to a maximum of 200%.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 3.91% 9.2% 15.16% 19.38% 6.62% 7.76% 5.64% -%
Growth return 3.91% 9.2% 15.16% 7.07% -3.51% -0.08% -1.57% -%
Income return 0% 0% 0% 12.31% 10.13% 7.84% 7.21% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.37% 1.09% 2.19% -% 4.08% 3.08% 1.93% 1.92%
As at 28 Feb 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Antares Prof Long/Short Equity
Australian Equities
71%
Cash
29%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
5.55%
Cash
22.84%
International Equities
8.97%
Property
1.84%
Fixed Interest
34.54%
Alternatives
26.26%

General Information

Fund Details
Type Description
Antares Prof Long/Short Equity
Closed
Antares Capital Partners Ltd
PPL0006AU
Hedge Funds - Australia
starstarstar (as at 28 Feb 2013)
Investment Fund
25 Aug 2004
$1.36 million (as at 28 Feb 2013)
$0.5517 (as at 17 Apr 2013)
$0.5517 (as at 17 Apr 2013)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1% (as at 30 Jun 2012)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 28 Feb 2013)

Holding (as at 28 Feb 2013) Type % of Portfolio
BHP Billiton Ltd Equity 13.07%
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FAQs about the Antares Prof Long/Short Equity

The objective of the Antares Prof Long/Short Equity managed fund is The Fund's objective is to outperform the blended Benchmark (75% S&P/ASX 200 Accumulation Index and 25% UBS Australian Bank Bill Index) over a rolling five year period by investing in a diversified portfolio of Australian shares.

The strategy of the Antares Prof Long/Short Equity managed fund is The fund can hold short positions in shares totaling up to 50% of the value of the fund's net assets. The fund can use the proceeds from short selling to make additional investments in other shares up to 50% of the value of the fund's net assets (enhanced long positions) enabling the fund to have a gross market exposure up to a maximum of 200%.

The APIR code of the Antares Prof Long/Short Equity managed fund is PPL0006AU.

Antares Prof Long/Short Equity’s total return last month was 3.91%. This was made up of a growth return of 3.91% and an income return of 0%. These returns were calculated as at 28 Feb 2013.

Antares Prof Long/Short Equity’s total return for the last three months was 9.2%. This was made up of a growth return of 9.2% and an income return of 0%%. These returns were calculated as at 28 Feb 2013.

Antares Prof Long/Short Equity’s one-year total return is 19.38%. This was made up of a growth return of 7.07% and an income return of 12.31%. These returns were calculated as at 28 Feb 2013.

Antares Prof Long/Short Equity’s one-year total return is 7.76%. This was made up of a growth return of -0.08% and an income return of 7.84%. These returns were calculated as at 28 Feb 2013.

The asset allocation of the Antares Prof Long/Short Equity managed fund is :

Australian Equities
71%
Cash
29%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Antares Prof Long/Short Equity managed fund is Antares Capital Partners Ltd.

The Antares Prof Long/Short Equity managed fund belongs to the Hedge Funds - Australia sector/asset class.

As at 28 Feb 2013, the size of the Antares Prof Long/Short Equity managed fund was $1.36 million.

The Antares Prof Long/Short Equity managed fund has an inception date of 25 Aug 2004.

The current entry price of the Antares Prof Long/Short Equity managed fund is $0.5517 per unit and the current exit price is $0.5517 per unit (as at 17 Apr 2013).

The current exit price of the Antares Prof Long/Short Equity managed fund is $0.5517 per unit and the current entry price is $0.5517 per unit (as at 17 Apr 2013).

The minimum initial investment amount for the Antares Prof Long/Short Equity managed fund is $20,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.