Under a massive umbrella of Schroder funds is also a Contour Tech Equity fund, originally managed by David Meyer of Contour Asset Management. The fund invests in developed and emerging markets worldwide by investing directly in holdings or through derivatives.
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The strategy combines long and short positions with the use of leverage. Currently, it holds $335 million in assets under management (AUM), and in its latest report from May, disclosed a flat monthly performance. June witnessed an upturn with 4.0% gains for the fund. In contrast, in June, the benchmark S&P 500 Index generated 5.0% gains.
Year-to-date (YTD) performances of the fund are at 6.5% while the...
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