Broaden your exposure to international markets with the potential for consistent returns and reduced risk
At a Glance
International shares offer an enormous range of opportunities, including exposure to fast-growing companies, sectors and economies, and greater opportunities for diversification.
The Ellerston Global Equity Managers Fund is designed to take advantage of these opportunities while generating consistent returns across market cycles with a focus on risk and capital preservation.
The Global Equity Managers Fund features a specially developed long–short strategy. We take long positions in undervalued stocks to increase the potential for profit, while using short positions in companies or market indices we feel are overvalued to minimise market exposure. Depending on market conditions, we may also use cash and cash-like investments to protect capital.
Our investment team uses a distinctively contrarian high conviction, absolute return approach with a focus on disciplined ‘bottom up’ stock selection based on rigorous fundamental analysis. This is overlayed with our ‘top down’ assessment of macroeconomic conditions and the market outlook.
Individual security analysis is qualitative, focussing on management, strategy and factors affecting the business, industry and quantitative focusing on areas such as earnings, cash flow, liquidity, capital structure and balance sheet strength.
The result is a unique investment strategy designed to generate superior returns over the long term and minimise risk.
- Flexible global exposure: The fund has a bias toward Australia, with opportunistic allocations to the United States, Europe and Asia.
- Distinctively contrarian approach: we take advantage of the short coming of markets and the inefficiencies which can be exploited, especially the frequent disconnect between short term results and long term earnings potential.
- Greater protection in uncertain markets with lower volatility: the absolute return focus means that we can act quickly when circumstances change and adjust market exposure to reduce risk and achieve our main objective of consistent returns across market cycles.
- A team you can trust: access to Ellerston Capital’s experienced investment specialists and disciplined investment approach.
Invest with Ellerston Capital
To find out more, contact Ellerston today.
Phone: (02) 9021 7797
DISCLAIMER: Ellerston Capital Limited ABN 34 110 397 674 AFSL 283000 is the responsible entity and issuer of units in the Ellerston Global Equity Managers Fund ARSN 118 887 095. Any information is general and does not take into account your personal objectives, financial situation or needs. Accordingly you should consider the Product Disclosure Statement before deciding whether to acquire or continue to hold units in the Fund available from this website or by contacting us on 9021 7797.Please be advised that the Ellerston Global Equity Managers Fund Class C is currently the only class open for investment.
|As at 28 February 2017||1 Month %||3 Months %||FYTD %||1 Year %||3 Years p.a %||5 Years p.a %||Strategy/Class Since Inception p.a %|
|GEMS A Net||-2.41%||-1.83%||1.84%||10.16%||15.96%||14.42%||13.09%|
|GEMS B Net||-2.42%||-1.84%||1.83%||10.16%||15.96%||14.13%||12.90%|
|GEMS C Net||-2.41%||-1.84%||1.86%||10.19%||15.97%||13.84%||12.06%|
*Since strategy inception for GEMS A and GEMS B is 1 January 2002.
^ Since class inception for GEMS C is 1 December 2009
The returns of the funds are net of taxes, fee and expenses and assuming distributions are reinvested.
For the period 1 January 2002 to 30 April 2006, the CPH Group GEMS Portfolio was not operated within a separate fund structure. The underlying investment assets of the CPH Group GEMS Portfolio were owned during that time within corporate entities of the CPH Group for which audited accounts were prepared on an annual basis. Accordingly, in order to provide relevant historical performance information for the period 1 January 2002 to 30 April 2006 (Historical Returns) net returns were calculated on the basis of the actual dollar returns of the CPH Group GEMS Portfolio adjusted to reflect a fund structure similar to the Fund and including all fees. The returns of the Fund and the relevant Indices are net of fees, expenses and taxes and assuming distributions are reinvested.
The date of demerger of the Ellerston GEMS Fund was 2 November 2009, Investors were allocated GEM B units which represented 94.3% of the Ellerston GEMS Fund.