Sage Capital, an Australian equities long short specialist investment manager is pleased to announce that its two strategies, the CC Sage Capital Equity Plus Fund and CC Sage Capital Absolute Return Fund, have received a 'Highly Recommended' rating from Lonsec.
Lonsec has acknowledged Sage Capital for its very strong conviction in its investment approach. This acknowledgment underscores the strength of its philosophy and process, built over two decades by Chief Investment Officer, Sean Fenton. Since the inception of the strategies in August 2019, Sage Capital's investment team has consistently achieved its performance objectives, demonstrating resilience across various market conditions.
Managing Director and Chief Investment Officer, Sean Fenton said, “This independent endorsement further validates the strength and cohesion of our investment team, as well as the robustness of our investment process.
“The strategies are designed to generate alpha over the long term through our unique investment approach that combines fundamental and quantitative analysis. We seek to provide a solution for investors to help lower correlation to equity markets by holding both long and short positions – in a risk-controlled way.”
As a market neutral long short strategy, CC Sage Capital Absolute Return Fund is designed as an alternative’s allocation, providing exposure to Sage Capital’s stock selection and risk management framework, whilst eliminating overall exposure to the underlying equity market. Since inception to 31 July 2023, the fund has returned +9.75% p.a.^ net of fees, outperforming its benchmark (RBA Cash Rate) by 8.75% p.a.. This has been achieved with no correlation to the S&P/ASX200 Accumulation Index and with less than half of the volatility, thus providing investors with clear portfolio diversification benefits.
CC Sage Capital Equity Plus Fund is designed as an Australian equities allocation targeting a constant beta of one and benchmarked to the S&P/ASX200 Accumulation Index. Since inception to 31 July 2023, the fund has returned +12.45% p.a.^ net of fees versus the S&P/ASX200 Accumulation Index return of 7.13% p.a., an outperformance of 5.32% pa^ net of fees.
“In the current volatile market environment, employing a long short strategy may prove to be a good additional diversifier of long-only Australian equities exposures. Our ability to short companies removes the constraint around index weights. The distribution of weights across the index becomes irrelevant and we have the freedom to choose portfolio weights for stocks that are independent of the index weight, subject only to liquidity. A long short portfolio can achieve active return targets with a far more diversified portfolio of stocks. The greater diversification resulting from this can mean a better risk/reward trade-off and potentially more consistent returns to investors over time.” Mr Fenton said.
More Information: www.sagecap.com.au
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Supporting platforms: www.sagecap.com.au/invest-with-us
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