News

Kardinia wins 'alternative strategies' Manager of the Year

15 October 2013

Kardinia Capital has won the ‘Australian equities – alternative strategies’ Manager of the Year in the Professional Planner/Zenith Fund Awards. Kardinia beat Perpetual and Zurich to win the 2013 industry award, announced at a ceremony in Sydney on 11 October.

Last year, Kardinia took home the Professional Planner/Zenith ‘Australian equities – long/short’ Manager Award.

“The Professional Planner/Zenith Awards are a significant industry acknowledgement so we are really proud of the win. It’s great recognition for the team and our investment strategy,” said Kristiaan Rehder, Portfolio Manager of the Bennelong Kardinia Absolute Return Fund.

Kardinia was established by Mark Burgess and Kristiaan Rehder, in partnership with Bennelong Funds Management, in August 2011

The Fund is a long/short Australian equity product with the long-term objective of achieving double-digit annual rates of return without compromising on capital protection.

The Bennelong Kardinia Absolute Return Fund has delivered investors 14% p.a. over seven years. This 'variable beta' strategy (which means the manager has the flexibility to adjust the Fund’s exposure to the underlying market) has ensured a positive return in every calendar year since inception in 2006. This includes the heart of the Global Financial Crisis in 2008, when the Fund returned positive 0.30% whilst the market fell close to 40%.

 

Zenith disclaimer: The Professional Planner/Zenith Fund Awards are determined using proprietary methodologies. Fund Awardsand ratings are solely statements of opinion and do not represent recommendations to purchase, hold, or sell any securities or make any other investment decisions. Ratings are subject to change.