Morningstar Fund Report
K2 Australian Absolute Return
Fund Report | Report generated 18 May 2022 | 
Performance
30 Apr 2022
Growth of $10,000
Fund: K2 Australian Absolute Return
Index: S&P/ASX 200 TR AUD
Category: Equity Australia Long Short
Financial Year Total Returns
| Jun-19 | Jun-20 | Jun-21 | Apr-22 | |
|---|---|---|---|---|
| Fund | -7.62 | -12.69 | 36.06 | 0.28 |
| +/- Cat | -7.62 | -12.66 | 6.64 | -5.55 |
| +/- Index | -19.16 | -5.01 | 8.27 | -4.98 |
Trailing Total Returns
as at 30 Apr 2022| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | -1.70 | -2.01 | -0.85 | 14 / 18 |
| 3 Month | 4.05 | 1.22 | -4.19 | 7 / 18 |
| 1 Year | 2.36 | -5.88 | -7.80 | 9 / 14 |
| 3 Year | 6.03 | -5.93 | -3.39 | 9 / 12 |
| 5 Year | 4.52 | -5.70 | -4.29 | 7 / 10 |
Risk Analysis
as at 30 Apr 2022| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 21.36 | 17.54 | 17.65 |
| Sharpe Ratio | 0.37 | 0.61 | 0.58 |
| R-Squared | 91.21 | 57.11 | -- |
| Beta | 1.16 | 0.73 | -- |
| Alpha | -3.95 | 3.06 | -- |
Fund Details
| Fund Inception | 01 Oct 1999 |
| Responsible Entity | K2 Asset Management Ltd |
| Fund Manager | K2 Asset Management Ltd |
| Base Currency | $A |
| Net Assets $Mil (as at 13 May 2022) |
14.22 |
| Minimum Investment $ | 20,000 |
| Regular Savings Plan (Yes/No) |
-- |
| Cash Distributions | Annually |
Current Investment Style
as at 31 Mar 2022
Size | Large Style | Value
Asset Allocation
% as at 30 Apr 2022
| Domestic Equity | 94.252 |
| International Equity | 2.635 |
| Listed Property | 0.000 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 0.000 |
| International Fixed Interest | 0.000 |
| Cash | 3.113 |
| Other | 0.000 |
Morningstar Sustainability Rating 
Learn more
Quick Stats
as at 13 May 2022
| APIR Code | KAM0101AU |
| Legal Type | Investment Trusts |
| Status | Open |
| Category | Equity Australia Long Short |
| Entry Price $ | 173.3000 |
| Exit Price $ | 172.4400 |
| Exit Price 1 Week Change $ |
-4.1000 |
Morningstar Ratings
| Overall |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
|
Prosective Fees & Costs
as at 15 Oct 2021
| Total Cost Ratio (Prospective) | 2.55% |
| Investment Management Fee | 1.31% |
| Performance Fee Costs | 0.68% |
| Administration Fees & Costs | -- |
| Buy Spread/Sell Spread | 0.25% / 0.25% |