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 $234m
Distribution Frequency Quarterly
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 April 2022

1 month % 3 months % FYTD % 1 year % 3 years % pa 5 years % pa 10 years % pa Since inception (01/06/1993) % pa
Fund -0.30 +6.70 +5.67 +9.16 +8.03 +6.90 +8.24 +11.12
Benchmark -0.84 +8.22 +5.31 +10.17 +9.65 +8.98 +9.87 +9.52
Relative Return +0.54 -1.52 +0.36 -1.01 -1.62 -2.08 -1.63 +1.60

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 25 May 2022

Month-end Unit Price
Prices as at 29 April 2022

Application $1.9938 $2.0767
Redemption $1.9898 $2.0725
Distribution Rate Reinvestment Price
31 March 2022 $0.04338855 $2.0829
31 December 2021 $0.03093051 $2.1334
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 April 2022

Stock Code Company Name Fund Weighting Index Variance
BHP BHP Billiton Ltd 13.0% 10.7% 2.3%
MQG Macquarie Group Ltd 8.6% 3.3% 5.3%
TCL Transurban Group 8.6% 1.9% 6.7%
CBA Commonwealth Bank of Australia 6.3% 7.8% -1.5%
CSL CSL Limited 5.6% 5.7% -0.1%
QAN Qantas Airways 5.0% 0.5% 4.5%
ASX Australian Stock Exchange 4.5% 0.7% 3.8%
JHX James Hardie Industries 4.0% 0.8% 3.2%
IAG Insurance Aust Group 3.4% 0.5% 2.9%
NAB National Australia Bank 3.2% 4.6% -1.4%
Total 62.2% 36.5% 25.7%

Portfolio holdings are subject to change.

As at 30 April 2022

 
35.0% Financials
19.0% Materials
18.0% Industrials
10.0% Healthcare
6.0% Consumer Discretionary
5.0% Communication Services
2.0% Consumer Staples
1.0% Information Technology
1.0% Energy
0.0% Real Estate
2.0% Cash
 

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FUND RATINGS & PLATFORM AVAILABILITY

Platform
HUB24
Mason Stevens
Netwealth