Antares Dividend Builder
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100266-2023-10-04-02:18.pdf |
FUND MANAGER | Antares Capital Partners |
ASX Code | |
APIR | PPL0002AU |
ASSET CLASS | EQUITY INCOME |
INVESTMENT STYLE | The Fund is an actively managed portfolio of high yielding equities listed (or expected to be listed) on the Australian share market which aims to deliver regular dividend income and moderate capital growth. |
INVESTMENT PROFILE | The Fund aims to regularly deliver higher levels of dividend income on a tax effective basis than the Benchmark. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 06-09-2005 |
BENCHMARK | S&P/ASX 200 Industrials Accumulation Index |
FUND SIZE | S&P/ASX 200 Industrials Accumulation Index |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | |
FEES | 0.60% p.a. of the NAV (including GST net of Reduced Input Tax Credit) |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Antares Dividend BuilderAccess to Antares' investment expertise Antares believes that the pricing of individual companies and industry sectors on the Australian share market is at times inefficient. This mispricing can occur when investors take a short-term view, over-react or under-react to changes in a company's operating environment, or invest based on generalisations about similar companies. As a consequence, the price of a company sometimes differs from what Antares believes its value to be. Antares seeks to identify and exploit these opportunities by taking a longer-term view, and through detailed systematic research of individual companies from a bottom-up perspective. In practical terms, Antares seeks to invest in companies trading on the share market at the largest discount to their underlying value. Bottom-up research by experienced investment professionals Underpinning Antares' approach to stock selection is an experienced team of analysts. The team gathers information through financial analysis, peer group comparison and company visits to gain a thorough understanding of the companies and the issues they face. Antares' detailed systematic research of companies is the foundation for all its investment decisions. A focus on yield and delivering regular income The Fund invests in a diversified portfolio of high yielding Australian listed equities that aim to grow their dividends over time. The Fund has an emphasis on securing franked dividend income and minimising portfolio turnover to keep net realised capital gains low. Through its focus on generating tax-effective income Antares aims to regularly deliver higher levels of dividend income than the S&P/ASX 200 Industrials Accumulation Index and moderate capital growth over rolling five-year periods. Ease of administration It would generally be difficult for an individual investor to efficiently construct and manage a portfolio of equities similar to the Fund. Additionally, we provide investment confirmations, transaction and distribution statements, monthly Fund reports, website updates and an annual tax statement to keep you up to date on your investment. You can also access statements on your account through the online investor portal at antarescapital.com.au Regularly add to your investment You can choose to regularly add to your investment in the Fund through time by accessing our Regular Savings Plan. Risk levelHigh Investor suitabilityDividend Builder is designed for investors seeking a tax effective income stream through participating in the Australian sharemarket and investing in companies that aim to provide dividend growth. Given the Fund's focus on generating tax effective income, the Fund is suited to investors seeking a regular distribution from their investments. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
Fund description and investment return objectiveThe Fund is an actively managed portfolio of high yielding equities listed (or expected to be listed) on the Australian share market which aims to deliver regular dividend income and moderate capital growth. The Fund's primary objective is to regularly deliver higher levels of dividend income on a tax effective basis than the Benchmark. The Fund's other objective is to achieve moderate capital growth in a tax effective manner over a rolling five-year period. Key features
Investment styleOur investment philosophy is based on the premise that the pricing of individual stocks in the Australian sharemarket is at times inefficient. This mispricing occurs for a number of reasons:
We believe these inefficiencies can be exploited through bottom-up stock selection. |
Mandate
How we invest your moneyInvestment approachAntares' strategy is to invest in a diversified portfolio of high yielding Australian listed equities that aim to grow their dividends over time, with an emphasis on securing franked income and minimising portfolio turnover to keep net realised capital gains low. Antares' investment process will involve the selection and investment in equities with a dividend yield return that is in the top quartile of the Benchmark. In general, Antares aims to invest in companies where the current share price does not fully reflect its view of the potential value of each company's business. Through company contact and detailed financial and non-financial analysis, Antares research analysts gain a first-hand understanding of Australian businesses and the industries in which they operate. Indicative asset allocation ranges
Use of derivativesThe Fund generally uses these investments for the purpose of cash management and to minimise investment risk. The Fund can invest in a range of derivatives, typically exchange traded options or Share Price Index (SPI) contracts. These are futures contracts that provide exposure to Australia's top 200 companies without having to buy or sell shares in every company in the Index. Derivatives will not be used within the Fund for gearing purposes. More information on how derivatives are used in the Fund is in Derivatives risk' in section 4 of the PDS. |