September, 2023
The Fund delivered a return of -0.5% for the September quarter after fees and expenses, outperforming the broader ASX300 accumulation index which returned -0.8% over the same period. Top performers over this period included our holdings in Carsales and Treasury Wine, and our short in Illuka Resources. Top detractors included our holdings in Resmed, Transurban, and being underweight Goodman Group.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/WDAEF_FR_202309-2.pdfAugust, 2023
The Fund delivered a total return of 0.2% for the August month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned -0.8% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/WDAEF_WEB-Aug23-1.pdfJuly, 2023
The Fund delivered a total return of 1.7% for the July month after all fees and expenses. The S&P/ASX 300
Accumulation Index returned 2.9% over the same period.
June, 2023
The Fund delivered a total return of 1.7% for the June quarter after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 1.0% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/WDAEF_WEB-Jun23.pdfMay, 2023
The Fund delivered a total return of -1.6% for the May month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned -2.5% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/WDAEF_WEB-May23.pdfApril, 2023
The Fund delivered a total return of 2.0% for the April month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 1.8% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/WDAEF_WEB-Apr23.pdfMarch, 2023
The Fund delivered a total return of 3.9% for the March quarter after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 3.3% over the same period. The Fund size was $177.4m and the unit price was $1.6743 as at 31 March 2023.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/WAVE-FR-DAEF-1.pdfFebruary, 2023
The Fund delivered a total return of -1.9% for the February month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned -2.5% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/WDAEF_WEB-Feb23-1.pdfJanuary, 2023
The Fund delivered a total return of 5.6% for the January month after all fees and expenses. The S&P/ASX 300
Accumulation Index returned 6.3% over the same period.
December, 2022
The Fund delivered a return of 4.9% for the December quarter after fees and expenses, underperforming the broader ASX300 accumulation index which returned 9.1% over the same period. Top performers over this period included holding Fisher & Paykel, Qantas and Rio Tinto. Bottom performers included holding ResMed, PEXA and Collins Foods.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/WDAEF_FR_202212.pdfNovember, 2022
The Fund delivered a total return of 4.2% for the November month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 6.5% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/WDAEF_WEB-Nov22.pdfOctober, 2022
The Fund delivered a total return of 4.7% for the October month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 6.0% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/WDAEF_WEB-Oct22.pdfSeptember, 2022
The Fund delivered a total return of 1.5% for the September quarter after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 0.5% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/WDAEF_WEB-Sep22.pdfAugust, 2022
The Fund delivered a total return of 2.1% for the August month after all fees and expenses. The S&P/ASX 300
Accumulation Index returned 1.2% over the same period.
July, 2022
The Fund delivered a total return of 4.1% for the July month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 6.0% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/189909817-1.pdfJune, 2022
The Fund delivered a total return of -9.0% for the June quarter after all fees and expenses. The S&P/ASX 300
Accumulation Index returned -12.2% over the same period.
March, 2022
The Fund delivered a total return of 3.4% for the March quarter after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 2.1% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/187154196.pdfFebruary, 2022
The Fund delivered a total return of 2.3% for the February month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 2.1% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/185539729.pdfJanuary, 2022
The Fund delivered a total return of -3.7% for the January month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned -6.5% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/183912498-1.pdfDecember, 2021
The Fund delivered a total return of 2.4% for the December quarter after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 2.2% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/182651083.pdfNovember, 2021
The Fund delivered a total return of 0.7% for the November month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned -0.5% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/181792562.pdfOctober, 2021
The Fund delivered a total return of 0.3% for the October month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 0.1% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/180944744.pdfSeptember, 2021
The Fund delivered a total return of 4.2% for the September quarter after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 1.8% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/180240709.pdfJuly, 2021
The Fund delivered a total return of 7.7% for the June quarter after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 8.5% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/175052042.pdfJune, 2021
The Fund delivered a total return of 7.7% for the June quarter after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 8.5% over the same period.
File:May, 2021
The Fund delivered a total return of 3.2% for the May month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 2.3% over the same period
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/172937329.pdfApril, 2021
The Fund delivered a total return of 2.9% for the April month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 3.7% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/171887157.pdfMarch, 2021
The Fund delivered a total return of 3.6% for the March quarter after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 4.2% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/170551171.pdfFebruary, 2021
The Fund delivered a total return of 1.8% for the February month after all fees and expenses. The S&P/ASX 300
Accumulation Index returned 1.5% over the same period.
January, 2021
The Fund delivered a total return of 0.0% for the January month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 0.3% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/166022302.pdfDecember, 2020
The Fund delivered a total return of 11.7% for the December quarter after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 13.8% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/164222743.pdfNovember, 2020
The Fund delivered a total return of 8.8% for the November month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 10.2% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/162518977.pdfOctober, 2020
The Fund delivered a total return of 1.6% for the October month after all fees and expenses. The S&P/ASX 300 Accumulation Index returned 1.9% over the same period.
File: https://commentary.quantreports.net/wp-content/uploads/2020/12/160772378.pdfticker: HOW0053AU
commentary_block: Array
factsheet_url:
https://www.wavestonecapital.com.au/funds-performance/reports/2022-2/
Dynamic Australian Equity Fund
release_schedule: Monthly
fund_features:
The Fund aims to provide capital growth over the long-term (at least five years) and tax effective income through investing primarily in a concentrated portfolio of Australian and New Zealand securities.
- The Fund is managed by WaveStone, an active investment manager which seeks to add value over the medium to long term, it is not managed in a way that attempts to track any particular index.
- The Fund is intended to be suitable for investors who are happy to invest for at least five years, are seeking high levels of return and are comfortable with high volatility, including the possibility of periods of negative returns.
- WaveStone does not target any particular level of realised capital gains within the Fund’s returns, and places primary emphasis on bottom-up stock picking through comprehensive research, instead of targeting overall market indices.
manager_contact_details: Array
asset_class: Domestic Equity
asset_category: Australian Long Short
peer_benchmark: Domestic Equity - Long Short Index
broad_market_index: ASX Index 200 Index
structure: Managed Fund