LSF 0.00% $2.98 l1 long short fund limited

Q1 Performance - Satisfactory

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    Well, ladies and gentlemen, the performance figures as at 29 March are in, which gives us the chance to review the monthly and Q1 figures. Here they are:
    MARCH: LSF NAV +0.2%; ASX200 +0.2%; LSF SP +-0.3%
    Q1: LSF NAV +9.8%; ASX200 +9.5%; LSF SP +8.9%.

    Basically performing in line with the index, which IMO is creditable given they are only half invested on a net basis and high p/e growth stocks have continued to defy gravity in the first quarter.

    Still holding. Obvs it would be nicer if the SP moved more consistently in line with the rising underlying NAV though.
    https://hotcopper.com.au/data/attachments/1489/1489537-00b3b87f455a5ba9d8c71bf5334a356f.jpg


 
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