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 $266m
Distribution Frequency Quarterly
Management Costs 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 31 August 2020

1
month
%

3
months
%

FYTD
%

1
year
%

3
years
% pa

5
years
% pa

10
years
% pa

Since inception
(01/06/1993)
% pa

Fund +4.5 +5.9 +3.2 -4.9 +3.1 +4.0 +6.0 +10.8
Benchmark +3.0 +6.2 +3.7 -4.8 +6.2 +7.6 +7.7 +9.1
Relative Return +1.4 -0.3 -0.5 -0.04 -3.2 -3.5 -1.7 +1.8

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 18 September 2020

Month-end Unit Price
Prices as at 31 August 2020

Application $1.6760 $1.7268
Redemption $1.6726 $1.7233

Distribution

Distribution

Reinvestment Price

30 June 2020 $0.0032 $1.6735

Portfolio Holdings

As at 31 August 2020

Stock Code Company Name Fund Weighting Index Variance
BHP BHP Billiton Ltd 8.9% 6.4% 2.5%
CSL CSL Limited 8.4% 7.6% 0.8%
TCL Transurban Group 8.2% 2.1% 6.1%
MQG Macquarie Group Ltd 7.0% 2.5% 4.5%
CBA Commonwealth Bank of Australia 5.7% 7.1% -1.4%
WBC Westpac Banking Corp 4.6% 3.7% 0.9%
ASX Australian Stock Exchange 4.0% 1.0% 3.0%
QAN Qantas Airways 4.0% 0.4% 3.6%
WES Wesfarmers 3.9% 3.2% 0.7%
JHX James Hardie Industries 3.9% 0.8% 3.1%
Total 58.6% 34.8% 23.8%

Portfolio holdings are subject to change.

As at 31 August 2020

 
28.0% Financials
22.0% Industrials
16.0% Materials
12.0% Healthcare
9.0% Consumer Discretionary
4.0% Information Technology
2.0% Energy
2.0% Cash
2.0% Communication Services
2.0% Consumer Staples
1.0% Real Estate