Kardinia Long Short Fund
The Kardinia Long Short Fund invests in listed Australian securities using a 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 a track record of minimising losses in drawdowns.
APIR code | BFL0010AU |
Benchmark | – |
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. |