India Avenue Equity Fund - Wholesale Class
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/101487-2023-06-20-16:40.pdf |
FUND MANAGER | India Avenue Asset Management Aust |
ASX Code | |
APIR | ETL0482AU |
ASSET CLASS | GLOBAL EQUITIES |
INVESTMENT STYLE | The India Avenue Equity Fund is a professionally managed portfolio of Indian listed equities. |
INVESTMENT PROFILE | The Fund aims to outperform the Benchmark over rolling 5 year periods. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 06-09-2016 |
BENCHMARK | MSCI India (Net) in AUD |
FUND SIZE | MSCI India (Net) in AUD |
DISTRIBUTION FREQUENCY | Yearly |
NO. OF HOLDINGS | |
FEES | 1.10% p.a. of the NAV of the Fund |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the India Avenue Equity Fund - Wholesale ClassThe Fund is actively managed, principally investing in a diverse range of Indian companies listed on Indian stock exchanges and other recognised stock exchanges globally. India's economic growth over the next several years is forecast to be one of the highest amongst the major world economies, driven by a youthful population, a burgeoning middle class and rapid urbanisation. This bodes well for several Indian companies that are expected to generate significant profits from this economic development and underlying domestic driven demand. The Fund seeks to identify and invest in many of these strongly growing companies in order to create significant wealth for investors. For Australian and New Zealand investors, an investment in Indian equities provides diversification benefits as both the Indian equity market and the Indian Rupee tend to have low correlations to the Australian and New Zealand equity markets. The significant advantages that the Fund provides for investors include:
Risk levelHigh Investor suitabilityThe Fund is designed for investors seeking higher return over a long term investment horizon and are therefore willing to accept a higher degree of risk for such returns. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
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Detail |
Key Features
About the FundThe Indian economy has witnessed a paradigm shift over the last decade. Today it is one of the fastest growing economies in the world and this trend is set to continue over coming decades. This is likely to create significant opportunities for growth by accessing India's capital markets. Investors in our Fund benefit from years of experience our founders bring in constructing investment portfolios within both India's capital markets and global multi-asset portfolios. This allows us to provide both a local and global perspective on building portfolios for success. Why Invest
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Mandate
How we invest your moneyIndia Avenue's investment process involves:
Portfolio constructionIn selecting the investment advisors, India Avenue follows the following process:
India Avenue may conduct due diligence on the stocks recommended by the investment advisors. If the recommendations given by the advisors aligns with the overall objective of the Fund, India Avenue proceeds to make the investment in the selected stock, if not, India Avenue may reject the recommendations of the investment advisors, at their own discretion. All investment advisors are remunerated based on their provision of advice which includes proposed stock names, stock weighting allocation and cash levels. However, all execution and implementation of trades proposed occur through India Avenue's staff. Asset allocationThe Fund will invest in a diversified portfolio of stocks of Indian companies either listed on stock exchanges in India or any other recognised global stock exchange. The Fund may also invest in cash and cash equivalent instruments like short term money market securities as well as both exchange traded and over the counter derivatives for hedging purposes. Asset Limits:
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