Devon Alpha Fund
23690
Devon Alpha Fund 23690 Strategy
The Manager will invest in a concentrated portfolio of typically 10 to 15 well-researched companies, predominantly listed on the New Zealand and Australian Stock Exchanges and cash. These investments will tend to be in companies that operate in areas of the economy where the Manager believes there is structural growth and where a company has a sustainable competitive advantage over its competition. The Manager will also seek out short-term opportunities. Where there are few compelling investment opportunities, the Manager will invest in cash or cash equivalent securities. The Fund is able to hold shares listed outside of Australasia and to short-sell shares (sell shares without owning them, on the expectation that prices will fall).
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.
Morningstar Investment Ideas
Stocks
ETFs
- Australian ETFs
- Active Australian Equity ETFs
- Passive Australian Equity ETFs
- Emerging Market Equity ETFs
- Sustainable ETFs
- Active Global Equity ETFs
- Passive Global Equity ETFs
- Active Australian Fixed Interest ETFs
- Passive Australian Fixed Interest ETFs
- Active Australian Listed Property ETFs
- Passive Australian Listed Property ETFs
- Active Global Fixed Interest ETFs
- Passive Global Fixed Interest ETFs
- Active Global Infrastructure ETFs
- Passive Global Infrastructure ETFs
- Active Global Property ETFs
- Passive Global Property ETFs
Funds
- Active Australian Equity Funds
- Passive Australian Equity Funds
- Active Global Equity Funds
- Passive Global Equity Funds
- Sustainable Funds
- Emerging Market Equity Funds
- Passive Australian Listed Property Funds
- Active Australian Listed Property Funds
- Passive Global Infrastructure Funds
- Active Global Infrastructure Funds
- Active Global Property Funds
- Passive Global Property Funds
- Active Australian Fixed Interest Funds
- Passive Australian Fixed Interest Funds
- Active Global Fixed Interest Funds
- Passive Global Fixed Interest Funds
Markets
Index
|
Last price
|
Change
|
% Change
|
---|---|---|---|
All Ordinaries | 7,797.70 | 101.20 | -1.28% |
CAC 40 | 8,023.26 | 41.75 | 0.52% |
DAX 40 | 17,837.40 | 67.38 | 0.38% |
Dow JONES (US) | 37,775.38 | 22.07 | 0.06% |
FTSE 100 | 7,877.05 | 29.06 | 0.37% |
HKSE | 16,246.34 | 139.53 | -0.85% |
NASDAQ | 15,601.50 | 81.87 | -0.52% |
Nikkei 225 | 37,127.60 | 952.10 | -2.50% |
NZX 50 Index | 11,797.15 | 38.89 | -0.33% |
S&P 500 | 5,011.12 | 11.09 | -0.22% |
S&P/ASX 200 | 7,540.90 | 101.20 | -1.32% |
SSE Composite Index | 3,074.22 | 0.00 | -0.00% |
Market Movers
Name
|
Last price
|
Change
|
% Change
|
---|---|---|---|
Pantoro Ltd PNR | 0.09 | 0.00 | 2.30% |
Imugene Ltd IMU | 0.08 | 0.00 | -2.56% |
Sayona Mining Ltd SYA | 0.03 | 0.00 | 0.00% |
Alligator Energy Ltd AGE | 0.06 | 0.00 | 0.00% |
Pilbara Minerals Ltd PLS | 3.87 | 0.06 | -1.40% |
Alumina Ltd AWC | 1.52 | 0.03 | -1.77% |
Telstra Group Ltd TLS | 3.64 | 0.04 | -0.95% |
The Star Entertainment Group Ltd SGR | 0.42 | 0.01 | -1.19% |
Evolution Mining Ltd EVN | 4.09 | 0.09 | 2.25% |
Whitehaven Coal Ltd WHC | 7.89 | 0.01 | 0.13% |