L1 Long Short Fund Weathers Volatile February as Long-Term Outperformance Persists

L1 Long Short Fund Ltd. ( (AU:LSF) ) just unveiled an announcement.

L1 Long Short Fund reported a modest 0.9% portfolio decline in February, underperforming the S&P/ASX 200 Accumulation Index’s 4.1% gain amid a rally in large-cap banks and iron ore miners but weakness in technology and healthcare stocks. Despite the monthly setback, the fund highlighted its strong track record, including a 60% return over the past year and 20.5% per annum since its long/short strategy inception in 2014, supported recently by gains in gold and infrastructure names such as Aurizon.

Management noted heightened market volatility stemming from rising rates, the Iran war and concerns that emerging agentic AI could disrupt established software business models, contributing to sell-offs in U.S. mega-cap technology and certain Australian tech exposures. The managers argue that while the Australian market appears fully valued at the large-cap end, this volatility is creating attractive mispricing in selected mid-cap and international stocks, reinforcing their focus on valuation discipline and stock picking as key drivers of future returns.

The most recent analyst rating on (AU:LSF) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on L1 Long Short Fund Ltd. stock, see the AU:LSF Stock Forecast page.

More about L1 Long Short Fund Ltd.

L1 Long Short Fund Ltd. is an Australian-listed investment company specialising in a long/short equities strategy focused on domestic and global shares. The fund actively takes both long and short positions across sectors and regions, aiming to outperform the S&P/ASX 200 Accumulation Index through stock selection and disciplined valuation, and it has grown to a market capitalisation of about A$2.8 billion.

Average Trading Volume: 552,999

Technical Sentiment Signal: Buy

For detailed information about LSF stock, go to TipRanks’ Stock Analysis page.