The Surrey Australian Equities Fund is pleased to provide the June 2020 update where we share with you insights from inside the portfolio, discussing performance to date and the Fund strategy moving forward.
The Surrey Australian Equities Fund delivered +0.4% in June after all fees relative to the Small Ordinaries Accumulation Index (XSOAI) return of -2.0%. The fourth-quarter returns after all fees of +31% compared to the XSOAI return of +24% over the same time period. This takes our rolling 12-month return after all fees to +3.7% compared to the XSOAI return of -5.7%, outperforming the Index by +9.4%.
Celebrating two full financial years of performance, the Surrey investment process has not changed and delivered 8.9% of outperformance since inception. The unique Fund structure enables the Fund to invest where there is high conviction in areas such as balance sheet strength, cash flow quality, management alignment with investors, and discounts to value. The Fund is not chasing high turnover speculative returns rather balanced risk-adjusted-performance to deliver absolute returns to investors.
Applications for new and existing investors can now be made online or visit our website. The Fund is open to new investors, links to the updated Information Memorandum and applications are via the buttons below.
Thank you for your ongoing interest.
Nick Maclean & Michael Woolhouse
Directors & Portfolio Managers
Surrey Asset Management
Email: firstname.lastname@example.org Mobile: 0425 726 305
Email: email@example.com Mobile : 0409 145 645