Investment Objective


A core holding which invests in a diversified selection of around 25 – 40 Australian companies and that is focused on maximising after-tax returns.

Primary focus is to identify quality businesses that offer above average growth prospects and high rates of return on equity over the long term.

Ethical overlay incorporating both positive and negative components applied with a focus on sustainable businesses that exhibit sound Environmental, Social & Governance practices.

Fund Facts

Benchmark S&P/ASX300 Accumulation Index
Stock Range 25-40
Portfolio Turnover 20-30%
Inception Date 1 June 1993
Fund Size $269m
Distribution Frequency Quarterly
Base Management Fee 0.77% p.a.
Buy/Sell Spread 0.10% / 0.10%
Currency AUD
APIR Code WRA7701AU
ARSN 642 393 299

Performance, Prices & Distributions


Net returns as at 30 September 2021

1 month % 3 months % FYTD % 1 year % 3 years % pa 5 years % pa 10 years % pa Since inception (01/06/1993) % pa
Fund -1.10 +4.07 +4.07 +29.49 +8.17 +8.88 +9.10 +11.30
Benchmark -1.89 +1.79 +1.79 +30.86 +10.03 +10.52 +10.77 +9.59
Relative Return +0.79 +2.28 +2.28 -1.37 -1.86 -1.64 -1.67 +1.71

Past performance is not a reliable indicator of future performance. The return of capital is not guaranteed.
Northcape Capital was appointed the underlying investment manager effective 1 April 2020.

Current Unit Price
Prices as at 20 October 2021

Month-end Unit Price
Prices as at 30 September 2021

Application $2.1429 $2.1183
Redemption $2.1386 $2.1140
Distribution Rate Reinvestment Price
30 September 2021 $0.02621658 $2.1183
30 June 2021 $0.01978638 $2.0607
31 March 2021 $0.0008336 $1.9372
31 December 2020 $0.0078000 $1.8778
30 September 2020 $0.0060181 $1.6797

Portfolio Holdings

As at 30 September 2021

Stock Code Company Name Fund Weighting Index Variance
BHP BHP Billiton Ltd 8.0% 5.1% 2.9%
MQG Macquarie Group Ltd 7.7% 2.9% 4.8%
CSL CSL Limited 7.0% 6.2% 0.8%
TCL Transurban Group 7.7% 2.0% 5.7%
CBA Commonwealth Bank of Australia 6.2% 8.6% -2.4%
SYD Sydney Airport 5.0% 1.0% 4.0%
QAN Qantas Airways 4.5% 0.5% 4.0%
JHX James Hardie Industries 4.3% 1.0% 3.3%
ASX Australian Stock Exchange 4.1% 0.7% 3.4%
WBC Westpac Banking Corporation 3.9% 4.4% -0.5%
Total 58.4% 32.4% 26.0%

Portfolio holdings are subject to change.

As at 30 September 2021

 
33.0% Financials
21.0% Industrials
14.0% Materials
11.0% Healthcare
8.0% Consumer Discretionary
5.0% Communication Services
4.0% Consumer Staples
2.0% Information Technology
1.0% Real Estate
1.0% Energy
1.0% Cash
 

FUND RATINGS & PLATFORM AVAILABILITY

Platform
Netwealth