Merricks Capital Long/Short Equity - Managed Fund (Closed)

Fund Objective

To generate consistent risk adjusted long term absolute returns.

Fund Strategy

The Merricks Capital Long/Short Equity Fund focuses on investments in the 400 largest and most liquid industrial, materials, energy and consumer discretionary/food companies in the developed markets of Asia, primarily being Australia, Japan, Hong Kong and Singapore.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-0.59%	1.16%	1.18%	1.16%	2.89%	3.65%	-%	-%
Growth return	-0.59%	1.16%	1.18%	-3.07%	-0.94%	0.49%	-%	-%
Income return	0%	0%	0%	4.23%	3.83%	3.16%	-%	-%
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 31 Jan 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Alternatives: 26.27%

Australian Equities: 5.48%

International Equities: 8.96%

Cash: 22.90%

Property: 1.84%

Fixed Interest: 34.55%

General Information

Fund Details

Type	Description
Fund Name	Merricks Capital Long/Short Equity (Wholesale)
Fund Status	Closed
Responsible Entity	Merricks Capital Pty Limited
APIR Code
Sector/Asset Class	Alternative - Other
Morningstar Rating	(as at 30 Jun 2013)
Legal Structure	Investment Fund
Fund Inception	1 Jan 2008
Fund Size	n/a
Entry Price	$1.0761 (as at 31 Jan 2015)
Exit Price	$1.0761 (as at 31 Jan 2015)
Fund Status	Suppressed

Offer information

Type	Description
Indirect Cost Ratio (ICR)	4.80% (as at 30 Jun 2015)
Performance fee (not included in ICR)	0.1
Minimum initial investment	$50,000
Minimum additional investments	$25,000
Minimum redemption amount	$25,000

FAQs about the Merricks Capital Long/Short Equity

What is the objective of the Merricks Capital Long/Short Equity managed fund?

The objective of the Merricks Capital Long/Short Equity managed fund is To generate consistent risk adjusted long term absolute returns.

What is the strategy for the Merricks Capital Long/Short Equity managed fund?

The strategy of the Merricks Capital Long/Short Equity managed fund is The Merricks Capital Long/Short Equity Fund focuses on investments in the 400 largest and most liquid industrial, materials, energy and consumer discretionary/food companies in the developed markets of Asia, primarily being Australia, Japan, Hong Kong and Singapore.

What is the APIR code of the Merricks Capital Long/Short Equity managed fund?

The APIR code of the Merricks Capital Long/Short Equity managed fund is .

What was Merricks Capital Long/Short Equity’s total return last month?

Merricks Capital Long/Short Equity’s total return last month was -0.59%. This was made up of a growth return of -0.59% and an income return of 0%. These returns were calculated as at 31 Jan 2015.

What was Merricks Capital Long/Short Equity’s total return for the last three months?

Merricks Capital Long/Short Equity’s total return for the last three months was 1.16%. This was made up of a growth return of 1.16% and an income return of 0%%. These returns were calculated as at 31 Jan 2015.

What is Merricks Capital Long/Short Equity’s one-year total return?

Merricks Capital Long/Short Equity’s one-year total return is 1.16%. This was made up of a growth return of -3.07% and an income return of 4.23%. These returns were calculated as at 31 Jan 2015.

What is Merricks Capital Long/Short Equity’s three-year total return?

Merricks Capital Long/Short Equity’s one-year total return is 3.65%. This was made up of a growth return of 0.49% and an income return of 3.16%. These returns were calculated as at 31 Jan 2015.

What is the asset allocation of the Merricks Capital Long/Short Equity managed fund?

The asset allocation of the Merricks Capital Long/Short Equity managed fund is :

Alternatives: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property: 0%

Fixed Interest: 0%

Who is the responsible Entity of the Merricks Capital Long/Short Equity managed fund?

The Responsible Entity for the Merricks Capital Long/Short Equity managed fund is Merricks Capital Pty Limited.

What sector/asset class does the Merricks Capital Long/Short Equity managed fund belong to?

The Merricks Capital Long/Short Equity managed fund belongs to the Alternative - Other sector/asset class.

What is the size of the Merricks Capital Long/Short Equity managed fund?

As at 31 Jan 2015, the size of the Merricks Capital Long/Short Equity managed fund was $ million.

What is the inception date of the Merricks Capital Long/Short Equity managed fund?

The Merricks Capital Long/Short Equity managed fund has an inception date of 1 Jan 2008.

What is the current entry price of the Merricks Capital Long/Short Equity managed fund?

The current entry price of the Merricks Capital Long/Short Equity managed fund is $1.0761 per unit and the current exit price is $1.0761 per unit (as at 31 Jan 2015).

What is the current exit price of the Merricks Capital Long/Short Equity managed fund?

The current exit price of the Merricks Capital Long/Short Equity managed fund is $1.0761 per unit and the current entry price is $1.0761 per unit (as at 31 Jan 2015).

What is the minimum investment amount for the Merricks Capital Long/Short Equity managed fund?

The minimum initial investment amount for the Merricks Capital Long/Short Equity managed fund is $50,000. Minimum additional investment is $25000.

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.

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