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Fulcrum Diversified Absolute Return Fund

About this Fund

Fund Detail

PDS
FUND MANAGER Fulcrum Asset Management LLP
ASX Code
APIR ETL0424AU
ASSET CLASS MULTI-ASSET
INVESTMENT STYLE The Fund will invest globally and aim to hold a highly diversified portfolio, typically consisting of exposures to equities, fixed income, commodities, alternatives and cash.
INVESTMENT PROFILE The Fund aims to achieve long-term absolute returns in all market conditions over rolling five year periods, with lower volatility than equity markets and in excess of inflation.
CURRENCY MANAGEMENT Active management
INCEPTION DATE 31-03-2015
BENCHMARK None but target return over inflation
FUND SIZE None but target return over inflation
DISTRIBUTION FREQUENCY Yearly
NO. OF HOLDINGS
FEES 1.00% p.a. of the NAV (including GST less RITCs)
STRUCTURE

Benefits

Benefits

Benefits of investing in the Fulcrum Diversified Absolute Return Fund

Our investment process has been developed with the following guiding principles:

  • Nimbleness
  • Aligned with investors' needs
  • Simplicity over complexity
  • Thoughtful implementation
  • Long-term investment horizon
  • Intelligent use of technology

Investor suitability

The Fund is suitable for Australian Wholesale clients and New Zealand Wholesale Investors.
RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

Fulcrum Diversified Absolute Return ("DAR) is a multi-asset strategy that aims to produce long-term absolute returns in all market conditions over rolling five-year periods, with lower volatility than equity markets and in excess of inflation. Investments are sought with a focus on liquidity and are multi-asset in nature; with exposure across equity, fixed income, currency, and commodity markets globally.

About Fulcrum Asset Management

Founded by Gavyn Davies and Andrew Stevens in 2004, Fulcrum Asset Management is an independently owned investment management company and the Advisor to the Fulcrum Diversified Absolute Return Fund. Our clients include institutions, pension funds, charities, endowments, families and private clients investing across a broad range of strategies.

Our disciplined investment process is driven by an experienced and stable multi-asset investment team with a long history of working together in a collaborative environment. We manage both absolute and relative return strategies across major liquid assets globally.

Headquartered in London with an additional office in New York, Fulcrum has over seventy employees, eight of whom are partners and own the firm.

Mandate

How we invest your money

In seeking to achieve its aim of long-term absolute returns, the Fund will invest globally and aim to hold a highly diversified portfolio, typically consisting of exposures to equities, fixed income, commodities, alternatives and cash. Investments may be made through collective investment schemes (including index funds such as exchange traded funds (ETFs) and actively managed funds managed by the Investment Manager, but not actively managed funds managed by third party investment managers).

The Fund may use derivatives for investment purposes and for efficient portfolio management. The Fund will use hedging strategies to reduce risk over the short term without materially altering its risk profile.

The Fund will be managed without reference to a benchmark.

The Fund will be managed with a forward looking volatility cap of 12%.

Asset allocation

  • Global equities: 10-60%
  • Global fixed income: 0-80%
  • Alternatives: 0-40%
  • Commodities: 0-20%