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About Us

Longreach CAI was established in 2017 in partnership with Longreach Alternatives. Longreach CAI (‘LCAI’) represents Creighton AI (‘CAI’) in the Australian marketplace.

CAI is a quantitative investment management firm that specialises in systematic global equity strategies including market-neutral, long-only and benchmark aware variations through the application of a proprietary machine learning algorithm.

CAI believes that scientific investing can better produce consistent, repeatable, risk-adjusted performance for investors.

CAI brings together a deeply experienced, global investment team providing investors the opportunity to invest into a best-in-class global equity investment solution. CAI specialises in providing global alpha solutions, delivered through combining a unique set of predictive factors and advanced machine learning resulting in highly differentiated quantitative solutions.

Find out more information on CAI

Our Team

Jim Creighton

Chief Investment Officer

Jim Creighton is the Chief Investment Officer of Creighton AI.

Alexander Thomas

Head of Science

Alexander Thomas is the Head of Science of Creighton AI, where he is responsible for researching investment strategies.

Iain Buchanan

Head of Technology and Investment Process

Iain Buchanan is the Head of Technology and Investment Process at Creighton AI and responsible for the platform and technology that supports the machine learning strategy.

Patrick Cannon

Head of Portfolio Management & Trading

Patrick Cannon is the senior portfolio manager responsible for all long only and equity market portfolios at Creighton AI.

Arthur Roumeliotis

Co-Portfolio Manager

Arthur Roumeliotis is a Co-portfolio Manager at Creighton AI with a focus on long-only portfolios.

Nicholas Wherry

Nicholas Wherry is a Co-portfolio Manager at Creighton AI, supporting both equity market-neutral and long-only.

Samuel Mann

Samuel Mann

Chief Executive Officer Director & Co-founder

Andrew Flitcroft

Andrew Flitcroft

Chief Operating Officer and Co-founder

Sam Edwards

Sam Edwards

Managing Director

Alex Haynes

Alex Haynes

Head of Distribution

Linda Wu, CFA

Linda Wu, CFA

Head of Product and Operations

Investors

Our Capabilities

CAI Global Market Neutral Fund

ARSN: 631 270 276 | APIR: DAM9817AU
Objective

The Fund aims to provide investment returns in excess of the Reserve Bank of Australia (‘RBA’) cash rate over a rolling 3 year period after fees.

Strategy

The Fund operates as a ‘fund-of-fund’ and gains its investment exposure through its investment in the Australian dollar (‘AUD’) share class of the Creighton AI Fund (Cayman) Ltd (referred to as the ‘Underlying Fund’).

The Underlying Fund aims to generate positive returns in all market environments by reducing the majority of market risk and focusing primarily on capital preservation and alpha generation.

The Underlying Fund utilises a global market neutral strategy through implementing a differentiated, global quantitative process which invests in listed global equities.

Fund key features

Inception Date

15 November 2019

Return Target

8-12% per annum

Volatility Target

8-12% per annum

Benchmark

RBA cash rate

Std. risk measure

4 - Medium risk of short term loss

Min Invest.

$20,000

Liquidity

Daily

Distribution (if any)

Paid annually as at 30 June

Buy/sell spread

Nil

Investments

The Underlying Fund can invest in any country that is a member of the MSCI ACWI Index. Long or short exposure can be achieved by holding these securities directly or via equity swaps. The Underlying Fund may use exchange-traded funds and both exchange-traded and over-the-counter equity derivatives including equity swaps and equity index products associated with the countries in which the Fund invests. Currency forward contracts and spot foreign exchange are used to manage currency exposures.

The Fund is classified as a hedge fund in accordance with the Australian Securities and Investments Commission, Regulatory Guide 240 ‘Hedge funds: Improving disclosure’. This classification is based on the fact that the Fund currently exhibits two or more characteristics of a hedge fund, being:

  • complexity of investment strategy or structure;
  • uses of leverage;
  • uses of derivatives;
  • uses of short selling;
  • charges a performance fee.

This information contains general information only and is not intended to represent specific investment or professional advice. The information does not take into account an individual’s personal financial circumstances, objectives or needs. Before making an investment decision, you should consider obtaining professional investment advice that takes into account your personal circumstances and should read the current target market determination and offer document before making an investment decision to acquire or to continue to hold units in the Fund.

Fees

Management fee: 1.35% p.a

Expense recovery: Estimated to be 0.15% p.a

Performance fee: 20% of excess performance above the benchmark and after fees, provided specific performance hurdles are met

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CAI Australian Share Fund

ARSN: 114 291 299 | APIR: PAT0001AU
Objective

The Fund aims to outperform (net of fees) the S&P / ASX 300 Accumulation Index by 2% p.a. over rolling 3-year periods. With target tracking error of 4% to 6% p.a.

Strategy
The Fund utilises a long only strategy through implementing a machine learning based quantitative investment process which primarily invests in listed Australian equities.
Fund key features

Manager Appointed

1 April 2021

Return Target

2% per annum

Volatility Target

4% per annum

Benchmark

S&P/ASX300 Accumulation Index

Std. risk measure

6 - High Risk

Min Invest.

$20,000

Liquidity

Daily

Distribution (if any)

Paid semi-annually

Buy/sell spread

+/- 0.20%

Investments

The CAI Australian Share Fund invests predominately in companies included in the S&P/ASX 300 Accumulation Index plus up to 10% exposure to international companies. Investments of the Fund may also include derivatives such as index futures and currency forward contracts which would be used for risk management purposes or as substitutes for physical securities.

Fees

Management fee: 0.56% p.a.

Expense recovery: Estimated to be 0.22% p.a.

Performance fee: Nil

Unit Registry Information

State Street Australia Ltd
Level 14, 420 George Street
Sydney NSW 2000
Fax: 02 9323 6411

UNIT PRICES AS AT 7 December 2022

1.6041

Withdrawal Price

1.5976

Download unit price history

Contact Us

Please get in touch. Our Business Development, Technical and Operational teams are located in Sydney, Australia.

Longreach Alternatives

Lvl 13, 1 Margaret Street,
Sydney NSW 2000

+61 2 9135 0428
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Terms and Conditions: This website is for Australian wholesale adviser, research houses, dealer group researchers and institutional investors use only and is not for use with retail investors. You should not rely on the views and information on the site when making investment decisions. As this website has been prepared without taking account of any investor’s particular objectives, financial situation or needs, you should consider its appropriateness having regard to your objectives, financial situation and needs before taking any action. Although specific information has been prepared from sources believed to be reliable, Longreach offer no guarantees as to its accuracy or completeness. The information stated, opinions expressed and estimates given constitute best judgement at the time of publication and are subject to change without notice. This website describes some current internal investment guidelines and processes. These are constantly under review and may change over time. Consequently, although this website is provided in good faith, it is not intended to create any legal liability on the part of Longreach or any other entity and does not vary the terms of any relevant disclosure statement. Past performance is not an indicator of future results. All dollars are Australian dollars unless otherwise specified. All indices are copyrighted by and proprietary to the issuer of the index. The information contained in this website does not constitute investment advice. In cases where information contained in this website derives from third parties, Longreach accepts no liability for the accuracy, completeness or appropriateness of such information, although Longreach only uses data that it deems to be reliable. Longreach may record and monitor telephone calls for security, training and compliance purposes.