Partners Group Global Multi-Asset Fund

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/101309-2022-10-01-02:39.pdf
FUND MANAGER Partners Group Management XIII
ASX Code
INVESTMENT STYLE The Fund invests in a portfolio with exposure to private markets and related asset classes.
INVESTMENT PROFILE The Fund seeks to provide investors with attractive long-term capital appreciation.
FEES 1.50% (including GST and net of RITC) p.a. of the NAV of the Fund



Benefits of investing in the Partners Group Global Multi-Asset Fund

Why include private markets in a portfolio?

  • Diversifies a portfolio: Private market investments offer true diversification benefits to an overall portfolio as they are typically less correlated to public markets and the broader macro environment. Institutional investors have been investing in private markets for decades to diversify the return sources available to them.
  • Reduces volatility: An allocation to private markets reduces the volatility of an overall portfolio and thereby helps to dampen market value fluctuations.
  • Active value creation initiatives create true alpha: Private markets allow for the purest form of active management, giving the ability to actively work with management teams and industry value creation experts to create value and generate true alpha in portfolio companies and assets.
  • Outperformance of public markets: Private market investments provide the opportunity to generate greater returns over the long term particularly in times of excessive valuations and heightened volatility in traditional asset classes.
  • A private markets portfolio can combine return seeking investments with investments that generate a reoccuring yield. This blend aims to help members reach retirement goals and provide both downside, and inflation protection.

Experienced global team

  • Partners Group Global Multi-Asset Fund provides access to Partners Group's full suite of private markets capabilities; private equity, private debt, private infrastructure, private real estate and liquid alternatives. The Fund benefits from the global Partners Group team of 1200 investment professionals who have invested over USD 95bn across market cycles. Partners Group is the pioneer of liquid private markets investing in Australia, USA and UK.

Private markets investments with daily pricing

  • Partners Group's provides daily dealing at Net Asset Value. Unlike traditional private markets investment offerings, investors have no capital calls or distributions to manage during the life of their investment and subscribe to a current seed portfolio with fully paid-in capital on day one.

Investor suitability

Long-term investors seeking a diversified total return investment strategy.




Key Features

About the Fund

The Partners Group Global Multi-Asset Fund is a managed investment scheme which aims to provide investors with liquid access to private markets. 

The Fund invests in a broad cross section of both private market and listed investments which include private equity, private debt, private infrastructure and private real estate. Partners Group uses its global relative value approach across asset classes and regions to identify the perceived most attractive opportunities at any given point in time. 

Daily liquidity is provided subject to a maximum of 10% net redemptions per day, 25% per month and 40% per year.

Investment Objective

The Fund seeks to provide investors with attractive long- term capital appreciation by investing in a portfolio with exposure to private markets and related asset classes. In particular, the Fund's objective is to earn superior risk- adjusted returns by systematically overweighting the vehicles, segments and opportunities that the Investment Manager believes offer the most attractive relative value at a given point in time.

It is intended that the Fund will provide investors with access to certain private market assets that are typically only available to institutional investors, thereby offering an opportunity to increase the efficiency of portfolios that currently lack private markets exposure.


How we invest your money

The principal elements of the Investment Manager's investment strategy include:

  1. asset allocation of the Fund broadly across private markets and related asset classes;
  2. sourcing investment opportunities;
  3. selecting the investments that are believed to offer superior relative value
  4. seeking to manage the Fund's investment level and liquidity; and
  5. seeking to manage risk through ongoing monitoring of the portfolio.

Long-term target allocation

  • Listed private equity: 5%
  • Listed infrastructure: 17%
  • Opportunistic fixed income: 10%
  • Private market high yield: 10%
  • Senior loans: 15%
  • Listed real estate: 3%
  • Private equity: 20%
  • Private debt: 5%
  • Private real estate: 10%
  • Private infrastructure: 5%