Please find attached a link to the newsletter for the Freehold Absolute Return Fund for the month of January 2015
Please find attached a link to the newsletter for the Freehold Absolute Return Fund for the month of January 2015. The Freehold Absolute Fund delivered a +1.49% return over the month and is now up 22.1% over the past 12 months. Since inception from July 1 2013, the Fund has generated a 34.7% return. Importantly, this return had been delivered with low levels of risk, with realised volatility of less than 5%, approximately one third of the volatility of broader market indices. In this month's newsletter we detail our concerns around the excessive focus by the market on the 'yield trade', highlight the earnings upgrades within the REIT and Infrastructure sector coming from lower interest rates and present our view that retail landlords will have trouble increasing rents to the degree they have in the past due to the difficult profit environment for retailers. Please follow the link: (VIEW LINK)
Tim has 22 years’ experience in the investment and securities markets. Tim was a partner of Goldman Sachs JBWere and during his 15-year tenure at the firm had senior experience across all areas of equities investing. Tim was Head of Australian...
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