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 |
Month-end Unit Price |
|
|---|---|---|
| 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 |
Important Legal Information
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned June 2021) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines
Past performance is not necessarily indicative of future performance.
This website is maintained by Warakirri Asset Management Limited (ABN 33 057 529 370) (Australian Financial Services Licence Holder No. 246782) and provides general product information only and does not constitute financial advice as it does not take into account an individual’s personal circumstances and is not an offer or solicitation to enter into an agreement. Investors should not rely on the information on this website and should refer to the Fund’s Product Disclosure Statement (PDS) and Additional Information Booklet and seeking independent advice from their financial adviser. A PDS for the Fund is available at on this website or by calling 1300 927 254. The PDS should be considered before making an investment decision. Investments entail risks, the value of investments can go down as well as up and investors should be aware they might not get back the full value invested. Portfolio holdings are subject to change.
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