Investment Objective
The HFA Diversified Investments Fund firstly invests to achieve consistent absolute returns with a low probability or loss over the investment horizon (3-5 years). The Fund then aims to have a low beta and low correlation with traditional stock and fixed interest investments delivering relatively high returns with lower volatility than shares.
Investment Strategy
The HFA Diversified Investments Fund’s strategy is to access a diversified portfolio of assets which are spread across approximately fifty (50) specialist international managers, who each employ a number of investment strategies applicable to their selected geographical segments. The aggregation of these specialist investment strategies aims to have a low correlation with traditional equity, credit and fixed interest investments, enabling the Fund to deliver relatively high returns with lower volatility than equities. The Fund’s investment exposure is managed by Certitude and Lighthouse Investment Partners LLC with the objective of delivering absolute returns.
The Fund aims to provide:
- Relatively high returns with lower levels of volatility (risk) than shares.
- Greater consistency of positive monthly returns than shares.
- Diversity to a portfolio by adding a low correlation investment with strong return potential.
This investment may suit investors who have a medium term investment horizon (3-5 years), with the objective of reducing portfolio exposure to stock market risk.
Lonsec Disclaimer – The Lonsec Limited (“Lonsec”) ABN 56 061 751 102 rating (assigned July 2011) presented in this document is a “class service” (as defined in the Financial Advisers Act 2008 (NZ)) or is limited to “General Advice” and based solely on consideration of the investment merits of the financial product(s). It is not a recommendation to purchase, sell or hold the relevant product(s), and you should seek independent financial advice before investing in this product(s). The rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.