L1 Long Short Fund Ltd. (AU:LSF) has released an update.
L1 Long Short Fund (LSF) reported a robust 4.3% return in September, outstripping the ASX200AI index and showcasing a decade-long record as Australia’s top-performing long short fund with an annual return of 19.1%. The fund capitalized on global market uplifts fueled by significant monetary stimulus from the Fed and Chinese authorities, and strategic stock selections that benefited from these macroeconomic changes.
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