Investment Objective


A best ideas portfolio of around 20 – 40 global companies, designed to be a core international equity holding.

Seeking companies that exhibit quality characteristics such as sustainable growth, strong profitability, defendable market position, and strong balance sheets.

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 MSCI World Total Return Index with Net Dividends in AUD
Stock Range 20 – 40
Individual Stock Weight 0-10%
Inception Date 1 November 2016
Fund Size $32.0m
Distribution Frequency Semi-Annual
Base Management Fee 1.03% p.a.
Performance Fee 10.3% of after-management fee performance over the Benchmark subject to a relative high-water mark
Buy/Sell Spread 0.20% / 0.20%
Currency Unhedged
APIR Code WRA5182AU
ARSN 642 393 799

Performance, Prices & Distributions


Net returns as at 31 January 2021

1
month
%

3
months
%

FYTD
%

1
year
%

3
years
% pa

5
years
% pa

10
years
% pa

Since inception
(01/11/2016)
% pa

Fund -1.36 +1.21 +1.87 -6.91 +8.39 - - +11.55
Benchmark -0.43 +6.54 +9.28 +0.91 +9.44 - - +12.71
Relative Return -0.93 -5.33 -7.41 -7.82 -1.05 - - -1.16

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 May 2020.

Current Unit Price
Prices as at 25 February 2021

Month-end Unit Price
Prices as at 29 January 2021

Application $1.0686 $1.0921
Redemption $1.0644 $1.0877

Distribution Rate

Reinvestment Price

31 December 2020 $0.00 N/A
30 June 2020 $0.4636 $1.0721

Portfolio Holdings

As at 31 January 2021

Company Name Sector Country Weighting
Electronic Arts Communication Services United States 9.1%
Dollar General Consumer Discretionary United States 7.9%
Becton Dickinson Health Care United States 7.0%
American Tower Corp Real Estate United States 5.4%
Techtronic Industries Industrials Hong Kong 5.3%
Marsh & Mclennan Cos Financials United States 4.7%
Cerner Corp Health Care United States 4.6%
ASML Holding Information Technology Netherlands 4.2%
Paypal Holdings Information Technology United States 4.0%
Visa A Information Technology United States 3.9%
Total 56.1%

Portfolio holdings are subject to change.

As at 31 January 2021

 
18.0% Information Technology
14.0% Healthcare
12.0% Consumer Discretionary
12.0% Communication Services
11.0% Financials
4.0% Materials
7.0% Consumer Staples
8.0% Real Estate
9.0% Industrials
4.0% Cash
 

As at 31 January 2021

 
63.0% United States
7.0% Europe
10.0% Asia ex-Japan
6.0% Scandinavia
5.0% Japan
5.0% United Kingdom