Nov
07
A 20-Stock Fund Smashes Peers With Risky Dose of Self-Belief
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Bennelong fund’s 26% gain in a year ranks it top in Australia
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The high-conviction fund finds hidden value in pizza, wine
Over in Sydney, one fund is leaving the rest of the market behind by having the courage to bet the house on just a handful of stock picks.
The Bennelong Concentrated Australian Equities fund is beating its competitors and almost doubling its benchmark by holding as few as 20 shares at any one time, just one quarter of what is held on average by its peers. The strategy has helped the fund return more than 26 percent in the 12 months through September, the best performance among more than 500 Australian large-cap equity funds…
A 20-Stock Fund Smashes Peers With Risky Dose of Self-Belief
