L1 Long Short Fund traded at 4.15 this Monday March 9th, decreasing 0.11 or 2.58 percent since the previous trading session. Looking back, over the last four weeks, L1 Long Short Fund lost 4.38 percent. Over the last 12 months, its price rose by 57.20 percent. Looking ahead, we forecast L1 Long Short Fund to be priced at 4.17 by the end of this quarter and at 3.91 in one year, according to Trading Economics global macro models projections and analysts expectations.
L1 Long Short Fund Limited is an Australia-based investment company. The principal activity of the Company is to invest (both long and short) in predominantly Australian securities with the remaining exposure to global securities. The Company’s investment objective is to deliver positive absolute returns to investors while seeking to preserve capital over the long term. It invests in a portfolio of predominantly Australian and New Zealand Securities, with up to 30% invested in global securities. The Company''s investment manager is L1 Capital Pty Limited.