Investment Objective
The HFA International Shares Fund aims to achieve consistent absolute returns with a low probability of loss over the investment horizon and to outperform the MSCI World Index on a risk-adjusted basis by gaining exposure to a diversified selection of equity long/short absolute return fund managers from across the globe.
Investment Strategy
The HFA International Shares Fund’s strategy is to access to an actively managed diversified portfolio of specialist international equity long/short absolute return funds with a low correlation to the MSCI World Index. The Fund’s investment exposure is through the Lighthouse Global Long/Short Fund Limited (‘Lighthouse Fund’), managed by Lighthouse Investment Partners LLC. Each underlying investment manager of the Lighthouse Fund is selected with the intention of creating a pool of investments which blend together to create a balanced portfolio designed to achieve the Fund’s, investment objectives. The Fund firstly invests to achieve absolute returns with a low probability of loss over the investment horizon (3-5 years). The Fund then aims to outperform the MSCI World Index on a risk-adjusted basis.
The Fund aims to provide:
- Consistent absolute returns through investment in International share-based funds.
- Lower levels of volatility (risk) than the MSCI World Index.
- Greater consistency of monthly returns than the MSCI World Index.
- Diversity to the International shares element of their portfolio by adding a low correlation investment with strong absolute return potential.
- Direct access to investment through DIY Super funds or via Master Fund and Wrap accounts.
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Zenith Disclaimer – The Zenith Investment Partners (“Zenith”) ABN 60 322 047 314 rating (assigned October 2011) referred to in this document is limited to “General Advice” (as defined by section 766B of Corporations Act 2001) and based solely on the assessment of the investment merits of the financial product on this basis. It is not a specific recommendation to purchase, sell or hold the relevant product(s), and Zenith advises that individual investors should seek their own independent financial advice before investing in this product. The rating is subject to change without notice and Zenith has no obligation to update this document following publication. Zenith usually receives a fee for rating the fund manager and product against accepted criteria considered comprehensive and objective.