The Pengana Australian Equities Market Neutral Fund aims to generate a return from the relative movement in stock prices that is independent of overall market movements.
Pengana's investment process is centred around a proprietary modelling process that scores stocks across a number or investment themes incorporating company fundamentals, technical factors and market information that in Pengana's view explain share price behaviour. Stocks are then ranked and weighted into the portfolio using a stock's aggregate score and contribution to the overall risk of the portfolio. Stock positions may be either long or short.
