February was a tough month for equity investors and the Alpha Plus fund. After a strong start, a meaningful reversal took place through the last 2 weeks - which dragged the ASX200 down more than 5% from its intra month high. The Alpha Plus fund was caught up in this sell-off, falling 4.3% and underperforming the ASX200 Accumulation Index which was down 3.8%. However, since inception, annualized net performance sits at 12.0% against a benchmark return of 8.7% (3.4% outperformance).
