L1 Capital Long Short Fund added to AMP’s platform
The L1 Capital Long Short Fund, which is distributed by L1 Capitals’ distribution partner Channel Capital, has been added to AMP’s My North platform.
The fund was first launched in September, 2014, and returned 38 per cent per annum.
According to the company, the investment objective of this fund is to deliver a net return of at least 10 per cent per annum, with strong capital preservation characteristics.
Channel Capital’s head of distribution, Andrew King, said: “We are seeing increasing adviser demand in the alternative space whereby investors are hungry for less market exposure.
“The L1 Capital Long Short Fund has delivered excellent risk-adjusted returns with lower volatility than the ASX200 whilst also expressing characteristics that have protected investors capital in the instance of market sell offs.
“We are excited to offer advisers access to what we believe is one of the best available long short strategies in the market.”
Also, the firm said its flagship L1 Capital Australian Equities Fund, which was launched in August, 2007, outperformed the ASX200 by 7.7 per cent over the past three years and by 4.9 per cent per annum since inception.
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