Author Archives: alleron_admin

Australian Eagle Trust Long Short Fund returns +5.45% for January 2020, +20.72% p.a. since inception (Jul16)

The Fund returned +5.45% net of fees for the month of January 2020. The portfolio’s largest positive contributions for the month came from long positions in ResMed Inc, CSL Ltd and Altium Ltd while largest detractors were long positions in Treasury Wine Estates Ltd and Nearmap Ltd and a short position in Link Administration Holdings Ltd.

Australian Eagle Trust Long Short Fund returns -1.76% for December 2019, +29.80% for CY2019, +19.45% p.a. since inception (Jul16)

Portfolio Overview – Dec 2019 The Fund returned -1.78% net of fees for the month of December 2019. The portfolio’s largest positive contributions for the month came from long positions in Fortescue Metals Group and Pushpay Holdings and a short position in Whitehaven Coal while largest detractors were long positions in Treasury Wine Estates, Japara […]

Australian Eagle Trust Long Short Fund returns +3.80% for November 2019

The Fund returned +3.80% net of fees for the month of November 2019. The portfolio’s largest positive contributions for the month came from long positions in Xero, Cochlear and CSL while largest detractors were short positions in Virgin Money UK plc, Caltex Australia and a long position in National Australia Bank.

AFR article – CIO Sean Sequeira interview – Australian Eagle FY19 Long and Short position winners

Australian Eagle Asset Management’s Sean Sequeira recorded a 16.27 per cent return for his long-short fund, after fees, and 19.23 per cent before fees.

Fortescue was a winner: the stock has more than doubled this year.

“The improvement of their cashflows was still not recognised by the market,” he recalled.