Macquarie Professional Series Global Alternatives Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/101530-2023-06-09-02:30.pdf |
FUND MANAGER | Macquarie Investment Management Global |
ASX Code | |
APIR | MAQ7578AU |
ASSET CLASS | ALTERNATIVES |
INVESTMENT STYLE | The Fund invests in specialised hedge funds, which form part of the Macquarie Professional Series. |
INVESTMENT PROFILE | The Fund aims to generate long-term total returns. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 16-08-2017 |
BENCHMARK | N/A |
FUND SIZE | N/A |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | 3 Underlying Funds |
FEES | 0.97% p.a. of the net asset value of the Fund |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Macquarie Professional Series Global Alternatives Fund
By combining three complementary strategies in one fund, the Macquarie Professional Series Global Alternatives Fund delivers an alternatives solution that seeks to enhance traditional portfolios of equities and bonds. The underlying strategies have shown strong evidence of:
Investor suitabilityThe Fund has exposure to specialist trading and investment techniques that involve the use of short positions and derivatives through its investment in the Underlying Funds. You should only consider investing in the Fund if:
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RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the FundThe Fund aims to generate long-term total returns by investing in specialised hedge funds, which form part of the Macquarie Professional Series (each an Underlying Fund). As at the date of the PDS, the Underlying Funds are:
Each Underlying Fund offers the potential for attractive long-term returns with low correlation to traditional asset classes. In addition, each Underlying Fund has an investment strategy that we believe is complementary to the other Underlying Funds. By combining complementary investment styles, the aim of the Fund is to produce more consistent risk-adjusted returns from a diversified and well-balanced liquid alternatives portfolio. For more information on the Underlying Funds, refer to the Supplement. |
Mandate
How we invest your moneyAs at the date of this PDS, the allocation ranges to each of the Underlying Funds are: (Underlying Fund / Allocation ranges (as a % of the NAV of the Fund)
The Underlying Funds are not expected to change on a regular basis. We will notify investors if the Underlying Funds do change. The Fund is monitored on an ongoing basis to ensure that it complies with these guidelines. If an Underlying Fund moves outside these guidelines, the Fund will, subject to tolerance thresholds, be rebalanced as soon as practicable to ensure it meets these guidelines. These guidelines may change from time to time. For risk management purposes, the Fund may reduce its holding of Underlying Funds to one for a period of time, pending the Fund investing in one or more additional Underlying Funds. During this period, the Fund's holding in the sole Underlying Fund would remain within the previously disclosed allocation range (for example, 20% to 60% for each Underlying Fund above), with the remaining assets of the Fund being held in cash. In such a case, until the Fund is invested in at least two Underlying Funds, the management fee charged will be proportionate to the Fund's holding in that sole Underlying Fund. |