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- LSF shares continue green rally on ASX despite negative returns in December quarter.
- L1 Long Short Fund portfolio outperforms ASX200 in the past one-year.
- Travel and energy sector sell-off impacts December quarter returns.
ASX listed investment company, L1 Long Short Fund Limited (ASX:LSF) shares are trading in green despite a negative return reported for December quarter. The investment company’s shares are trading at AU$2.950 each, as at 1:36 PM, about 0.68% above previous close. LSF’s so claimed unique flexible portfolio structuring approach seems to be backing the share price positives on ASX.
How has LSF trailed through its December quarter?
LSF’s road ahead-
LSF is planning to keep its exposure stable in the energy, gold and commodities sectors. It also expects volatility to remain, while expecting three or four rate hikes internationally across 2022. LSF is of the opinion that short duration stocks will remain better placed than long duration ones. However, how well LSF translated its portfolio strategy to gather positive return will only be known with time.
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