CC Sage Capital Absolute Return Fund
An Australian equities fund that aims to generate positive absolute returns above the RBA cash rate by utilising the unique Sage Capital investment process in a long/short structure that gives exposure to Sage Capital’s stock selection skill, while eliminating exposure to the equity market.
| APIR Code |
CHN5843AU |
| Investment Objective* |
The Fund aims to achieve positive returns in excess of the Fund Benchmark, after fees and expenses, over the long term by taking both long positions and short positions in selected Australian shares. |
| Fund Benchmark |
RBA Cash Rate |
| Investment Strategy |
The Fund uniquely blends fundamental and quantitative strategies to develop opportunities to generate return. This strategy generates concentrated and uncorrelated returns from fundamental investing, improving on returns derived from the breadth of the quantitative process. |
| Investment Guidelines# |
| Asset Class |
Range |
| Australian equities (long) |
0% – 200% |
| Australian equities (short) |
0% – 200% |
| Australian equities (net) |
-15% – 15% |
|
| Minimum Initial Investment |
$100,000^ |
| Pricing |
Priced daily |
| Distribution* |
Semi-annually at 31 December and 30 June – reinvested as additional Units in the Fund or credited to your nominated financial institution account. |
| Borrowings* |
The Fund will borrow stock to enable short positions as part of the investment strategy. The Fund will not borrow cash. |
* An investment in the Fund is subject to risk. Neither return nor distributions are able to be guaranteed. You should consider the risks of the Fund, including those in the PDS, before investing.
# Due to movements in the market or similar events, the guidelines set out above may not be adhered to from time to time. In these circumstances, Sage Capital will seek to bring the Fund’s investments back within the guidelines within a reasonable period of time.
^ Or less at the discretion of the Responsible Entity.
