The Surrey Australian Equities Fund (SAEF) returned +12% in August after all fees. This takes the rolling 12-month net return to +39% which is +16% ahead of the Small Ordinaries Accumulation Index (XSOAI) return over the same time period.
August was an interesting month with most ASX listed companies releasing earnings results. We discuss some of these in the attached file.
The Fund is open to new investors, links to the Information Memorandum and applications are via the links below. Applications for new and existing investors are now paperless and can be made online.
Nick Maclean
Managing Director
Surrey Asset Management
Level 47, 80 Collins Street, (North Tower) Melbourne VIC 3000.
Email: nmaclean@surreyassetmanagement.com Mobile: 0425 726 305