December, 2020
The portfolio returned 10.79% in the December quarter and underperformed the benchmark by -3.00%. Notable contributions to relative performance came from Xero (0.2%), Janus Henderson (0.16%) and nil weight in Transurban Group (0.34%). Notable detractors included underweight positions in ANZ (-0.58%), Commonwealth Bank (-0.57%) and nil weight in NAB (-0.5%).
At the sector level positive contributions came from Materials (0.44%), Information Technology (0.07%) and Health Care (0.07%), while notable detractors at sector level were Financials (-2.14%), Real Estate (-0.46%) and Energy (-0.34%).
File: https://commentary.quantreports.net/wp-content/uploads/2021/01/fund-update1.pdfticker: AUS0036AU
release_schedule: Quarterly
commentary_block: Array
factsheet_url:
https://www.platypusassetmanagement.com.au/funds/systematic-growth-fund
Right sidebar -> Fund update
fund_features:
The Platypus Systematic Growth Fund is driven by academic literature and their own research which suggests that stock price momentum is, on average, the largest driver of returns of the Australian share market. As such, the Platypus Systematic Growth Fund concentrates its investments to companies in the ASX 300, using a systematic approach to provide a factor tilt towards high quality momentum. This approach differentiates the Fund by:
- A low cost, systematic approach
- Adding value through portfolio construction rather than stock selection
- A quantitative strategy based on empirical evidence and Australian academic research to capture key drivers of the Australian share market
- Diversified, generally holding 80-110 stocks
manager_contact_details: Array
asset_class: Domestic Equity
asset_category: Australia Large Growth
peer_benchmark: Domestic Equity - Large Growth Index
broad_market_index: ASX Index 200 Index
structure: Managed Fund