Firetrail is an investment management boutique which is majority owned by the Firetrail investment team. Additionally, the investment team is invested alongside clients in the investment strategies.

The Firetrail Absolute Return Fund is an absolute return fund which aims to generate positive returns in all market environments.

The Fund is typically expected to be market neutral (net market exposure generally between +/-5%), which effectively means the Fund is constructed in a way where returns are not dependent on the performance of the underlying share market.

The Fund achieves market neutrality by investing in a combination of long and short positions in equity securities listed, or expected to be listed, on the Australian Securities Exchange (ASX), as well as international markets. Exposure may also be through the use of derivatives.

Long only positions are selected using in-depth fundamental analysis. The short portfolio is constructed using a combination of fundamental analysis, systematic strategies and other value-adding strategies.