The Paragon Australian Long Short Fund, a registered retail and wholesale fund, is suitable to investors with a medium to long-term investment horizon seeking strong risk-adjusted absolute returns.
Since inception, the Paragon Fund has achieved double-digit annualised returns, in excess of its medium to long-term investment objective. With a flexible investment mandate across all Australian listed market caps, Paragon focuses on stock picking within the industrials and resources sectors.
Key features of the Fund are listed below. A detailed outline of the Fund can be found in the PDS.
Since inception, the Paragon Fund has achieved double-digit annualised returns, in excess of its medium to long-term investment objective.
Australian listed equities primarily within the industrials and resources sectors. Fundamental, active, all-cap long/short strategy with a long bias
Absolute returns in excess of 10% p.a. over a 3-5 year time horizon uncorrelated to the Australian equities market
Australian resident unit trust available to both wholesale and retail investors via a PDS
1.5% management fee, 0.25% expenses recovery and a 20% performance fee subject to a 5% p.a. hurdle and a perpetual high watermark
25% net short to 150% net long and a maximum of 200% gross
At least 80% of the portfolio can be liquidated within 10 business days at all times