We are suspending our “Recommended” rating for ALR following the announcement of the change in management arrangements. This is not a comment about the internalisation of management, but a necessary step given there will be a change in the portfolio management personnel. The ALR Board indicated it will provide further advice regarding the appointment of portfolio management personnel over coming weeks.

We cover all the listed managed investments based upon our own data collected in the sector. We also look at the most recent news in the sector.

K2 Australian Small Cap Fund, is an Active Exchange Traded Fund (Active ETF). KSM was listed in December 2015 and is one of two Active ETFs managed by K2 Asset Management Ltd. KSM provides exposure to an actively managed, index unaware, long/short portfolio of ASX and NZ small cap stocks with an absolute return objective.

Our research focuses on the review of LMIs our firm covers and we provide our rating updates on the LMIs

Our research team gathers its own data on the whole sector and provides insight into the various issuers together with the latest news update on the sector