Monash Absolute Active Trust (Hedge Fund) (ASX:MAAT)
Monash Absolute Active Trust (ASX:MAAT) is an actively managed Exchange Traded Managed Fund (ETMF) targeting 6% annual income distribution.
The ETMF does not track a benchmark. It is a long-biased, long/short Australian equity fund that invests in a diversified portfolio of Australian listed equities. The launch of MAAT was established in relation to the restructure of the Monash Absolute Investment Company Limited (ASX:MA1) into an exchange traded managed fund.
- Investors can buy and sell units on the ASX or directly with the Responsible Entity (Perpetual)
- The Fund invest in a diversified portfolio of Australian listed equities
- Quarterly income distribution of at least 1.5% p.a.
- Managed by Monash Investors experienced and award winning investment team
The Fund’s investment objective is to deliver positive returns over a full market cycle, while limiting loss of capital over the medium term.