Absolute Return Fund
The WaveStone Absolute Return Fund is an Australian equity long/short fund available only to wholesale clients (as defined by the Corporations Act 2001). The Fund’s aim is to provide capital growth over the long term. It will vary its exposure to the stock market and operates between 0% and 100% net equity exposure (long positions less short positions).
| Fund Facts | |
| Objective | The Fund aims to provide returns that exceed those available from comparable investments. |
| Benchmark | RBA Cash Rate |
| Stocks held | Typically between 25 and 50. |
| Investment universe | The Fund invests in listed investments in Australia and New Zealand, or those expected to list within 12 months. |
| Minimum investment timeframe | At least five years |
| Minimum initial investment | $500,000 |