IOOF WealthBuilder Smaller Companies Fund - Perennial
About this Fund
Fund Detail
PDS | |
FUND MANAGER | IOOF Investment Management / Perennial |
ASX Code | |
APIR | IOF0132AU |
ASSET CLASS | INVESTMENT BONDS |
INVESTMENT STYLE | The Fund invests in a diversified portfolio of Australian small cap shares predominantly outside the S&P/ASX 100 Index. |
INVESTMENT PROFILE | The Fund seeks to provide capital growth and a total return that exceeds the Benchmark measured on a rolling three year basis. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 20-10-2008 |
BENCHMARK | S&P/ASX Small Ordinaries Accumulation Index |
FUND SIZE | S&P/ASX Small Ordinaries Accumulation Index |
DISTRIBUTION FREQUENCY | N/A |
NO. OF HOLDINGS | 30-60 |
FEES | 1.80% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in IOOF WealthBuilder investment bondsWealthBuilder provides a number of benefitsto help build, manage and grow your savings. A tax paid investment
A great range of investment options
Switching is easy
You can start with as little as $500
Flexible contribution options You can easily invest in WealthBuilder by:
You can also choose our optional Regular Savings Plan Automatic Increase facility. Access your money at any time WealthBuilder allows you to save with the freedom to access your money whenever you need it through either:
Grow your wealth through borrowing
Great savings options for children
A simple way to provide for your family when you pass away
Risk levelHigh Investor suitabilityThe Fund may be suitable for investors:
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RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About IOOF WealthBuilder investment bondsThe IOOF WealthBuilder investment bond is one of the leading investment bonds available today - and it has led the way since 1981. Not only does it provide investors with a genuine solution for a wide range of investment needs, it also boasts a great range of investment options and product features together with competitive fees. With the IOOF WealthBuilder investment bond, you can have the tax-effectiveness you need together with the flexibility and accessibility that you want. What is IOOF WealthBuilder?WealthBuilder is an investment bond for people looking to save or invest for the medium to long-term and provides a unique and simple solution for investment, tax planning and estate planning needs. WealthBuilder provides access to a range of investment options1, but unlike traditional investment products, such as unit trusts, earnings from the investment bond are taxed in the hands of IOOF, rather than the investor. As a life insurance investment product, WealthBuilder also provides investors with the ability to nominate beneficiaries to receive investment proceeds in the event of death. Depending on your needs and lifestyle goals, you can use WealthBuilder for a number of purposes, such as:
Whatever your needs and lifestyle goals, WealthBuilder can help you get there. It can meet the different needs of different people at varying stages of their life - we call it our multi-generational wealth solution. You can select from a range of investment options, accessing quality investment managers and a mix of asset classes, providing you with flexibility and investment choice. Who can invest?WealthBuilder is open to a wide range of investors including:
If you would like further information about the policy owner and types of investors, please refer to page 7 of the PDS. |
Mandate
How we invest your moneyThe Fund gains its investment exposure by investing in a range of smaller listed (or soon to be listed) companies outside the S&P/ASX 100 Index which Perennial, the underlying investment manager, believes have sustainable operations and whose share price offers good value. The process aims to ensure that the Fund's investment decisions are focused on buying stocks offering good value and selling stocks offering poor value. The portfolio will typically hold approximately 50 stocks with a minimum stock holding of 30 and a maximum of 60. The cornerstone to this approach is a strong emphasis on company research. The aim is to develop a detailed understanding of each company before committing investor's funds. The Fund is authorised to utilise derivative instruments for risk management purposes subject to the specific restriction that they cannot be used to gear portfolio exposure. When used for investment purposes, no more than 30% of the Fund can be exposed to derivative instruments as determined by their market equivalent exposure. Asset allocation
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