The Surrey Australian Equities Fund (SAEF) returned +7% in November after fees outperforming the ASX Small Ordinaries Accumulation Index (XSOAI) return of +1% and providing a record monthly relative outperformance for the fund since inception.
The rolling quarterly return of +18% was also a record return for the Fund leading to a 12-month gain after all fees of +32% significantly outperforming the XSOAI return.
Earlier this year, Surrey Asset Management and the SAEF underwent a strategic repositioning to better align with our investment process and outlook. We are pleased to see these changes starting to deliver positive returns for unit holders of which the investment manager is a major holder. As the Fund approaches 2025, we remain deeply committed to sustaining this performance and are confident in the opportunities that lie ahead.
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