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ALFA

ASX
22.13000 AUD
0.14
0.63%
Last update Jun 13, 3:53 PM AEST
Market closed
Day range
22.13000
22.60000
Previous close
22.27000
Open
22.60000
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VanEck Australian Long/Short Fund
22.13
0.14
0.63%

Overview

Description

The VanEck Australian Long/Short Fund is a dynamic investment fund with a dual strategy approach, aimed at capitalizing on both rising and falling Australian equity markets. Its primary function is to generate positive returns irrespective of market conditions by taking long and short positions in Australian listed equities. The fund strategically seeks to enhance returns by investing in undervalued securities expected to appreciate while simultaneously shorting overvalued ones anticipated to decline. A standout feature of this fund is its flexibility and adaptability, allowing it to respond to diverse market movements and trends. It has a substantial impact on sectors like finance, consumer goods, and resources, which are pivotal to the Australian economy. By employing a blend of quantitative models and fundamental research, the fund aims to deliver superior risk-adjusted returns. In the evolving landscape of Australian investments, this fund plays a significant role in offering investors a sophisticated tool for diversification and risk management. Its management team combines extensive market experience with strategic insight, making it a noteworthy participant in the Australian investment community.

About

CEO
Employees
0
Address
Phone
02 8038 3300
Website
Instrument type
Common stock
Sector
Industry
Country
Australia
MIC code
XASX
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 10 hours 48 minutes

20:11
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:00 - 10:00
Main market
10:00 - 16:00
Post-market
16:00 - 16:12
All times are displayed in the Australia/Sydney timezone (AEST, UTC+10:00).