Came across this one and looks very interesting.
run by NWQ Capital Management.
Basically a fund of funds, absolute return style investing, uses hedge funds, long /short funds etc
including Regal, Bennelong, Watermark, Ellerston, Auscap etc as well as strategic
dynamic investments in cash, fixed income, property etc.
Took out award this year for 2016 best Australian Hedge Fund according to Alternative
Investments management Association at an awards ceremony in Sydney in Sept.
open to retail investors, min $25K.
website states target returns 8- 11% p.a over rolling 5 yr periods with less volatility than sharemarkets.
fees not had, 1.3% p.a , with no performance fee. unlike other hedge funds which charge performance
fees for merely beating the RBA cash rate...
been running since mid 2013. returned 3% in year 2014, 17% in 2015, - 1.9% for past 12 months.
giving average return 6.98% p.a. since inception.
there are monthly performance updates on their website, although they don't reveal the funds they are currently in.
anyone have any experience or thoughts with this one ?
