Absolute Equity Performance Fund Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & Yield0.05$ (5.47%)
Beta N/A
Market capitalization 86.2M
Operating cash flow N/A
ESG Scores unknown

Company description

Absolute Equity Performance Fund Limited is an equity mutual fund launched and managed by Bennelong Long Short Equity Management Pty Limited. It invests in the public equity markets of Australia. The fund employs fundamental analysis and uses fundamental research to select securities and generate return. It invests in stocks of companies operating across the diversified sectors. Absolute Equity Performance Fund Limited was founded in November, 2015 and is domiciled in Australia.

Sector: Financial Services - Industry: Asset Management

Financial data

Financial Statements

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Balance Sheet Statement
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Insider Transactions

Here are the insider transactions of stock shares related to Absolute Equity Performance Fund Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Reeve-Parker (Andrew)I2021-11-30Former
Hand (Graham)D2019-11-26Former136.36k
Fisher (Marc)Purchase at price 0.61 per share.D2019-06-06Non Executive Chairman20.08k
Fisher (Marc)Purchase at price 0.66 per share.D2019-05-24Non Executive Chairman20k
Fisher (Marc)Purchase at price 0.66 per share.D2019-05-17Non Executive Chairman32.51k
Fisher (Marc)Purchase at price 0.68 per share.D2019-05-09Non Executive Chairman51.5k
Hand (Graham)Sale at price 0.87 per share.D2018-09-11Director (Non-Executive)40.91k
Hand (Graham)Sale at price 0.89 per share.D2018-09-03Director (Non-Executive)25k
Hand (Graham)Sale at price 0.87 per share.D2018-08-01Director (Non-Executive)25k
Reeve-Parker (Andrew)Conversion at price 0.84 per share.D2017-11-22Director (Non-Executive)220.43k
Reeve-Parker (Andrew)Other at price 0.84 per share.D2017-11-10Director (Non-Executive)39.29k
Reeve-Parker (Andrew)Purchase at price 0.78 per share.D2017-10-03Director (Non-Executive)6.95k
Reeve-Parker (Andrew)Purchase at price 0.76 per share.D2017-05-02Director (Non-Executive)10k
Reeve-Parker (Andrew)Purchase at price 0.76 per share.D2017-04-18Director (Non-Executive)29.68k
Reeve-Parker (Andrew)Sale at price 0.89 per share.D2016-06-20Director (Non-Executive)45k
Reeve-Parker (Andrew)Sale at price 0.90 per share.D2016-06-20Director (Non-Executive)45k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Absolute Equity Performance Fund Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Absolute Equity Performance Fund Limited

Here is the result of two systematic investment strategies applied to Absolute Equity Performance Fund Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Absolute Equity Performance Fund Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Absolute Equity Performance Fund Limited:

Absolute Equity Performance Fund Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 6.96% on the backtest period.

Performance at glance

Performance

6.96 %

Latent gain

156.39 $

Invested capital

2248.45 $

Annualized return

1.7 %
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Momentum strategy results on Absolute Equity Performance Fund Limited

This is the result of two momentum investment strategies applied to Absolute Equity Performance Fund Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Absolute Equity Performance Fund Limited

The following chart shows all the entries opened by the momentum investment system on Absolute Equity Performance Fund Limited:

Absolute Equity Performance Fund Limited momentum entries
  • The first momentum investment strategy would give 9.43% of return on Absolute Equity Performance Fund Limited. That represents 353.45$ of latent gain with 3748.23$ of employed capital.
  • The second momentum investment strategy would give 13.82% of return on Absolute Equity Performance Fund Limited. That represents 310.76$ of latent gain with 2248.66$ of employed capital.
Performance at glance (1Q Momentum)

Performance

9.43 %

Latent gain

353.45 $

Invested capital

3748.23 $

Annualized return

7.25 %
Performance at glance (2Q Momentum)

Performance

13.82 %

Latent gain

310.76 $

Invested capital

2248.66 $

Annualized return

3.82 %

Momentum equity curve on Absolute Equity Performance Fund Limited

The following chart shows the equity curve of the two momentum strategies applied to Absolute Equity Performance Fund Limited:

Absolute Equity Performance Fund Limited momentum equity

Note: the dividends potentially given by Absolute Equity Performance Fund Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Absolute Equity Performance Fund Limited

The following chart shows the employed capital evolution of the two momentum strategies on Absolute Equity Performance Fund Limited since the beginning:

Absolute Equity Performance Fund Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Absolute Equity Performance Fund Limited

Buy the dip entry openings on Absolute Equity Performance Fund Limited

Absolute Equity Performance Fund Limited

The performance achieved by the robo-advisor on Absolute Equity Performance Fund Limited is 15.22%. That represents 152.33$ of latent gain with 1000.53$ of employed capital. The following chart shows Absolute Equity Performance Fund Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Absolute Equity Performance Fund Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

15.22 %

Latent gain

152.33 $

Invested capital

1000.53 $

Annualized return

7.25 %

Equity curve of the strategy applied to Absolute Equity Performance Fund Limited

The following chart shows the result of the investment strategy applied to Absolute Equity Performance Fund Limited:

Absolute Equity Performance Fund Limited

Note: the dividends potentially given by Absolute Equity Performance Fund Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Absolute Equity Performance Fund Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Absolute Equity Performance Fund Limited:

Absolute Equity Performance Fund Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Absolute Equity Performance Fund Limited

In this section, I will compare the three previous investment strategies applied to Absolute Equity Performance Fund Limited.

Equity curve comparison on Absolute Equity Performance Fund Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Absolute Equity Performance Fund Limited investment strategy comparison

Employed capital comparison on Absolute Equity Performance Fund Limited

Absolute Equity Performance Fund Limited investment comparison

Performance comparison on Absolute Equity Performance Fund Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 6.96% 156.39$ 2248.45$ 1.7%
Momentum 1 quarter 9.43% 353.45$ 3748.23$ 2.44%
Momentum 2 quarters 13.82% 310.76$ 2248.66$ 3.82%
Non-directional 15.22% 152.33$ 1000.53$ 7.25%
Annualized return comparison

Automatic investment

1.7 %

Momentum 1Q

3.82 %

Momentum 2Q

3.82 %

Non-directional

7.25 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Absolute Equity Performance Fund Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Absolute Equity Performance Fund Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Absolute Equity Performance Fund Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Absolute Equity Performance Fund Limited
Country Australia
City
Address
Phone
Website www.aepfund.com.au/
FullTime employees
Industry Asset Management
Sector Financial Services
Exchange XASX
Ticker AEG.XASX
Market www2.asx.com.au

Absolute Equity Performance Fund Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown