Solaris Core Australian Equity Fund (Performance Alignment)
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/101032-2023-10-10-03:19.pdf |
FUND MANAGER | Solaris Investment Management |
ASX Code | |
APIR | SOL0001AU |
ASSET CLASS | AUSTRALIAN EQUITIES |
INVESTMENT STYLE | The Fund can invest in listed Australian securities, as well as in securities expected to be listed on an Australian exchange. |
INVESTMENT PROFILE | The Fund aims to outperform the Benchmark over rolling 3 year periods. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 09-01-2008 |
BENCHMARK | S&P/ASX 200 Accumulation Index |
FUND SIZE | S&P/ASX 200 Accumulation Index |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | 40-70 |
FEES | NIL |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Solaris Core Australian Equity Fund (Performance Alignment)A summary of the features and benefits of investing in Class D units of the Fund is as follows: Fee structure: Class D units of the Fund represents a rare opportunity to invest in an Australian equities fund with a pure performance fee structure that provides the following:
Bringing together these features in the one product creates congruence between the investor and Solaris by effectively managing the fee earning potential to be reliant strictly on Benchmark outperformance. Management expertise: The investment and management expertise of Solaris, a boutique Australian owned equities fund manager providing access to investment opportunities and markets that individual investors usually cannot achieve on their own. Investment approach: Solaris selects a diversified portfolio of securities using fundamental analysis to exploit market inefficiencies in forecasts and valuations. Solaris' investment approach involves a detailed analysis of the securities and key financial markets, with an eye on global perspectives. Diversification: The Fund's investments will be spread across a carefully researched and actively managed portfolio of up to 70 different company stocks. This diversification of investments can help reduce overall investment risk. Investment opportunities: Access to wholesale investment opportunities that may not generally be available to private investors. Resources: Access to full-time research resources, a rigorous investment process, highly developed risk management expertise, and advanced trading systems and technology. Risk levelGrowth Investor suitabilityInvestors looking for a core Australian equities investment with a pure performance fee structure resulting in a clear alignment of interests between the investor and Solaris. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the FundThe Solaris Core Australian
Equity Fund (Performance Alignment) Unit Class provides the investor with an
opportunity to invest in a fund with a performance fee structure that requires
the investor to pay a performance fee only if the Fund outperforms its
Benchmark. This fee structure provides a clear alignment of interests between
the investor and Solaris by aligning the fee earning potential with Benchmark
outperformance. The Fund can invest in listed Australian securities, as well as in securities expected to be listed on an Australian exchange. The Fund will hold between 40 and 70 securities and will seek to remain fully invested with an allowable maximum cash exposure of 5% of total assets at any one time. About SolarisSolaris Investment Management is a style neutral, Australian equities funds manager with a tried and tested investment process. The Solaris team consists of a diverse and experienced group of investment professionals, boasting years of industry experience in varying market conditions. Solaris employees are majority equity partners in the business, it's how we make sure our interests are perfectly aligned with investors. |
Mandate
How we invest your moneySolaris uses fundamental analysis to choose stocks, to exploit market inefficiencies in forecasts and valuations. Active Management can provide better investment returns than passive investment. To achieve superior returns, positions are taken which may deviate from the benchmark portfolio, through skilful stock selection. All investment decisions are supported by detailed analysis of the securities and key financial markets, with an eye on the global perspective. We apply strict risk controls to minimise the exposure to downside risk. Analyst management of the portfolio is the best way to capture market inefficiencies. Solaris aims to integrate material ESG factors into the valuation of each company included in, or considered for inclusion in, the portfolios we manage. Selecting stocks is our main area of expertise. Our research aims to identify the "true" value of each stock, based on qualitative and quantitative company fundamentals. We do not have a bias towards value or growth stocks ("style-neutral"). We identify the stocks with the best expected return, regardless of perceived style. Asset classes and allocationThe Fund is subject to the following parameters:
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