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The latest update is out from L1 Long Short Fund Ltd. ( (AU:LSF) ).
L1 Long Short Fund Ltd. reported a robust portfolio return of 12.2% for the June quarter, outperforming the ASX200AI index’s 9.5% return. Over the past five years, the portfolio has achieved an impressive annualized return of 21.0%, significantly surpassing the ASX200AI’s 11.8% annualized return. The announcement highlights the fund’s strong performance driven by favorable commodity price movements, particularly in gold, and corporate activities including takeover proposals. Despite global market volatility influenced by U.S. tariff policies and geopolitical tensions, L1 Long Short Fund Ltd. has demonstrated resilience and strategic positioning, providing stakeholders with confidence in its ability to navigate market uncertainties.
More about L1 Long Short Fund Ltd.
Average Trading Volume: 490,895
Technical Sentiment Signal: Strong Buy
For detailed information about LSF stock, go to TipRanks’ Stock Analysis page.