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 $298m
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 June 2021

1 month % 3 months % FYTD % 1 year % 3 years % pa 5 years % pa 10 years % pa Since inception (01/06/1993) % pa
Fund +2.21 +7.39 +25.34 +25.34 +6.97 +8.67 +7.22 +11.24
Benchmark +2.25 +8.48 +28.49 +28.49 +9.77 +11.26 +9.21 +9.61
Relative Return -0.04 -1.09 -3.15 -3.15 -2.80 -2.59 -1.99 +1.63

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 23 July 2021

Month-end Unit Price
Prices as at 30 June 2021

Application $2.1136 $2.0805
Redemption $2.1094 $2.0763
Distribution Rate Reinvestment Price
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 June 2021

Stock Code Company Name Fund Weighting Index Variance
BHP BHP Billiton Ltd 10.0% 6.7% 3.3%
TCL Transurban Group 7.6% 1.8% 5.8%
CSL CSL Limited 7.1% 6.2% 0.9%
MQG Macquarie Group Ltd 6.9% 2.5% 4.4%
CBA Commonwealth Bank of Australia 6.3% 8.4% -2.1%
ASX Australian Stock Exchange 4.2% 0.7% 3.5%
WBC Westpac Banking Corporation 4.1% 4.5% -0.4%
JHX James Hardie Industries 4.0% 1.0% 3.0%
QAN Qantas Airways 3.8% 0.4% 3.4%
MPL Medibank Private 3.4% 0.4% 3.0%
Total 57.4% 32.6% 24.8%

Portfolio holdings are subject to change.

As at 30 June 2021

 
32.0% Financials
19.0% Industrials
16.0% Materials
12.0% Healthcare
8.0% Consumer Discretionary
4.0% Communication Services
4.0% Consumer Staples
2.0% Information Technology
1.0% Real Estate
1.0% Energy
1.0% Cash
 

FUND RATINGS & PLATFORM AVAILABILITY

Organisation Rating / Recommendation
Zenith Investment Partners Recommended
Platform
Netwealth