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Investment Objective
The Fund’s objective is to provide market leading returns over the medium to long-term from a concentrated portfolio of Australian shares. The Fund aims to deliver a pre-fee investment return (before taxes) that outperforms the S&P/ASX300 Accumulation Index over a rolling three year period by 4% per annum.
Investment Universe
The Fund invests in companies and trusts listed or soon to be listed on the Australian Stock Exchange (ASX) that offer opportunity for above-average investment returns through their growth potential.
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Performance: January
The Platypus portfolio fell by 7.05% in January, underperforming the benchmark ASX/S&P300 accumulation index by 0.88%. Consumer Discretionary, Financials and Health Care were the worst performing sectors during the month. The only major contributors to performance were Cash and Information Technology. The best performing stocks in the portfolio were Computershare, CBA and Toll Holdings. Having a nil position in QBE added to performance. The three worst performers were the same as in December, David Jones, JB Hi-Fi, and Medusa Mining.
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Performance Summary
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Performance
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1 Year
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3 Year
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5 Year
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INCEP.
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Platypus
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46.39%
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-1.61%
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9.93%
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13.49%
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S&P/ASX300
Accum.
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35.67%
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-3.47%
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6.62%
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9.14%
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Funds Under Management |
1,750m
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