Since inception on 1 July 2018, Spatium Capital has returned 17.1% per annum (after fees) over a three-year period versus the S&P/ASX Small Ordinaries benchmark return of 5.8% over the same horizon. This equates to an annualised outperformance of 11.3%.
diversified investments
SMSFs and derivatives – a potential diversification option
Investing in derivatives has been one of the popular investment options for savvy investors. As the ATO has been posing the question to some SMSF trustees whether their investments are appropriately diversified, do derivatives provide legitimate diversification opportunities for SMSFs?
Bitcoin vs gold
Bitcoin and Gold are both alternative assets with similar features. Each embodying a monetary value, they are uncorrelated to most market risk but a natural hedge to systematic risk.
Short selling – How it works
Hugh Dive, Senior Portfolio Manager with Aurora Funds Management, makes the case for short selling. The financial press frequently paints the picture of hidden cabals of short sellers conspiring together to drive down a stock, causing unrealised losses to retail investors and pain to executives whose company’s stock have been sold short. Whilst short-sellers are […]
Investors should baulk at high exposures in one industry
Australian Ethical’s chief investment officer David Macri warns that investors should baulk at having high exposures to just one industry with all the underlying stocks exposed to the same drivers or economic factors. Highlights of his report on the Larger Companies Trust are below. Investment commentary Any rational investor will baulk at the thought of […]