Bennelong Ex-20 Australian Equities Fund
About this Fund
|FUND MANAGER||Bennelong Australian Equity Partners|
|ASSET CLASS||AUSTRALIAN EQUITIES|
The portfolio comprises securities purchased primarily from, but not limited to, the S&P/ASX 300 Index (but excluding those securities in the S&P/ASX 20 Index). The Fund may invest in securities expected to be listed on the ASX except those expected to be included in the S&P/ASX 20 Index upon listing.
The Fund’s objective is to outperform the Benchmark (as defined below) by 4% per annum after fees, on a rolling three-year basis. Our investment team aims to achieve this goal by actively managing a portfolio of primarily Australian securities and generating a combination of capital growth and income.
|BENCHMARK||S&P/ASX 300 Accumulation Index excluding S&P/ASX 20 Leaders Index|
|FUND SIZE||S&P/ASX 300 Accumulation Index excluding S&P/ASX 20 Leaders Index|
|NO. OF HOLDINGS||20-50|
|FEES||0.95% p.a. of the NAV of the Fund|
Benefits of investing in the Bennelong Ex-20 Australian Equities Fund
The significant benefits of investing in the Fund are:
About the Fund
The Bennelong ex-20 Australian Equities Fund primarily selects stocks from the S&P/ASX 300 Accumulation Index excluding those from the S&P/ASX 20 Leaders Index. Recognising that 67% of the S&P/ASX 300 Accumulation Index is concentrated in the top 20 stocks, the Fund seeks lesser known opportunities, outside the ubiquitous 'mega-cap' stocks, in order to add value and complement investors' existing Australian equities holdings.
The Fund's investment objective is to grow the value of your investment over the long term via a combination of capital growth and income, by investing in a diversified portfolio of primarily Australian shares, providing a total return that exceeds the return generated by the S&P/ASX 300 Accumulation Index excluding that part of the return that is generated by the stocks comprised in the S&P/ASX 20 Index, which represents the 20 largest stocks by market capitalisation in Australia, by 4% per annum after fees (measured on a rolling three-year basis).
Our investment team aims to achieve this goal by generating a combination of capital growth and income.
How we invest your money
The companies within the portfolio are primarily selected from, but not limited to, the S&P/ASX 300 Index excluding the S&P/ASX 20 Index.
The Fund may invest in securities expected to be listed on the ASX. The Fund may also invest in securities listed, or expected to be listed, on other exchanges where such securities relate to ASX-listed securities.
Although the Fund does not allow stocks to be bought whilst inside the S&P/ASX 20 Index, it does allow stocks that move into the S&P/ASX 20 Index to be held for up to 12 months after which they must be exited.
Asset classes and strategic asset allocation
The Fund can invest in the following asset classes:
Maximum active position
The maximum active position (portfolio weight less index weight) of an individual stock is +/-10%. Up to an additional 2% is allowed due to market movements.