Instituional Investment Survey Meme Again Beats Top Performing Funds

An article in today’s Money Management newsletter reported on the results of a recent Institutional Sector Survey which listed the top performing Australian Equity funds (on the basis of their before fee returns) for the year to the end of July 2016. As a boutique fund the Meme Australian Share Fund’s current assets under management of $5.8 million are below the threshold for inclusion in these results, however the chart below shows how our Fund fared over the same period when compared (on an after fee basis) to the quoted current leaders (data sourced from FE Analytics).

 The Meme Australian Share Fund invests in listed Australian equities outside the ASX20 and takes an evidence-based quantitative approach to investing.  The Fund employs a robust and back-tested trend-following strategy to identify investment opportunities expected to provide both positive price appreciation and relative price out-performance over the medium to long term while maintaining a strict risk-management regime to limit losses in any market downturn. The Fund remains open to new investment.