Kardinia Long Short Fund

The Kardinia Long Short Fund invests in listed Australian securities using a lower volatility, long/short strategy. It aims to generate consistent positive returns in all market conditions, with an overarching philosophy of capital protection. It provides variable exposure to the equity market, with the flexibility of lower volatility than the market and minimising losses in drawdowns.

APIR code BFL0010AU
Reporting currency AUD
Security range 20-50
Active security limit 10%
Cash limit
Investment style GARP
Portfolio manager Kristiaan Rehder & Stuart Larke
Client risk profile Growth
Investment team Kardinia Capital
Responsible Entity Equity Trustees,
AFSL 240975,
GPO Box 2307, Melbourne VIC 3001
Target market See Target Market Determination
Recommended investment period Long term (minimum five years)
Investment objectives Capital growth
Fees and charges Management fee: 1.2875% p.a. (including GST net of reduced input tax credits) of Net Asset Value calculated daily and paid monthly.

Performance fee: 20.5% (including GST net of reduced input tax credits) of the investment returns made in excess of the daily official RBA Cash Rate plus 2%, calculated daily and paid semi-annually.

Other expenses and indirect costs may also apply. Please refer to the PDS for more information.
Investment amount Initial investment minimum: $20,000

Withdrawal minimum: $10,000

Additional investment minimum: $10,000

Subject to the Responsible Entity’s absolute discretion.
Inception date 1 May 2006*

*The Kardinia Long Short Fund (formerly known as Bennelong Kardinia Absolute Return Fund) was launched on 1 May 2006 by another trustee and performance data relates to this strategy. Equity Trustees assumed responsibility as replacement trustee on 8 May 2023.