Home

Pendal Wholesale Plus Active Growth Fund

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/101059-2022-09-30-02:39.pdf
FUND MANAGER Pendal Institutional
ASX Code
APIR WFS0862AU
ASSET CLASS MULTI-ASSET
INVESTMENT STYLE The Fund invests into the Underlying Fund which is an actively managed diversified portfolio that invests in Australian and international shares, property securities, fixed interest, cash and alternative investments.
INVESTMENT PROFILE The Fund aims to provide a return (before fees, costs and taxes) that exceeds the Benchmark over the medium term.
CURRENCY MANAGEMENT Active management
INCEPTION DATE 23-06-2016
BENCHMARK Custom composite
FUND SIZE Custom composite
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS
FEES 0.84% p.a. of the net asset value of the Fund
STRUCTURE

Benefits

Benefits

Benefits of investing in the Pendal Wholesale Plus Active Growth Fund

Investing in the Fund offers investors a range of benefits, including the following.

  • Access to a professionally managed diversified portfolio with the potential for long term capital growth and income.
  • Access to the investment expertise of Pendal Institutional Limited and other leading global investment managers.
  • Diversification across a broad range of asset classes.

Risk level

High

RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

The Fund invests into the Underlying Fund which is an actively managed diversified portfolio that invests in Australian and international shares, Australian and international property securities, Australian and international fixed interest, cash and alternative investments. The underlying portfolio has a significant weighting towards growth assets.

The Fund aims to provide a return (before fees, costs and taxes) that exceeds the Fund's benchmark over the medium to long term.

Benchmark

The benchmark for the Fund is created from a range of published indices. The benchmark is based on the asset allocation neutral position and the index returns for each asset class. Details of the particular market indices used for the Fund's benchmark can be found at bt.com.au/WholesalePlus.

Mandate

How we invest your money

The Fund invests in the Underlying Fund, which is designed for investors who want the potential for long term capital growth and income, diversification across a broad range of asset classes and are prepared to accept higher variability of returns. The Underlying Fund invests in Australian and international shares, Australian and international property securities, Australian and international fixed interest, cash and alternative investments. The Underlying Fund may also invest in derivatives. The underlying portfolio has a significant weighting towards growth assets.

The assets of the Underlying Fund are managed by the Manager together with a number of leading investment managers, such as AQR for international shares and AEW for international property securities. The Manager manages the asset allocation of the Underlying Fund. The Manager may implement asset allocation decisions away from the neutral position within the specified minimum and maximum ranges based on investment views.

Alternative investments refer to a range of investments that do not fall within the four main asset classes of shares, property, fixed interest and cash. They can be based on publicly traded securities like shares, bonds and derivatives, which include hedge funds, absolute return funds and commodity investments. Some alternatives are based on private securities; these include venture capital and private equity. Investment strategies that may be found in some alternative investments include the use of gearing, short selling (selling something you do not own with a view of buying it back later at a lower price) and more extensive use of derivatives.

The Underlying Fund has assets that are denominated in foreign currencies. This means that changes to the Australian dollar relative to foreign currencies may affect the value of the assets of the Underlying Fund. The international fixed interest, international property securities and international alternative investment exposures are fully hedged to the Australian dollar to the extent considered reasonably practicable. Generally, the Underlying Fund's international share exposure will not be hedged to the Australian dollar. Derivatives may be used by the Underlying Fund to reduce risk and can act as a hedge against adverse movements in a particular market and/or in the underlying assets. Derivatives can also be used to gain exposure to assets and markets.

The Underlying Fund invests in the asset classes stated below and has a corresponding asset allocation range.

  • Australian shares: 35-55%
  • International shares: 17-37%
  • Australian property securities: 0-10%
  • International property securities: 0-10%
  • Australian fixed interest: 0-20%
  • International fixed interest: 0-20%
  • Cash: 0-10%
  • Alternative investments: 0-20%