The Surrey Australian Equities Fund (SAEF) returned -7.4% in March after all fees relative to the ASX Small Ordinaries Accumulation Index (XSOAI) return of -3.60% and the ASX100 Accumulation Index (XTOAI) return of -3.3%. In the US the NASDAQ Index fell 8.2% while the Dow Jones fell 4.2% demonstrating the broad based global sell off.
The Fund has returned 13.7% after all fees over the last rolling 12 month period which is 15% ahead of the XSOAI return.
Further commentary regarding the month can be found by clicking the link below.
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