IFP Global Franchise Fund (Hedged)
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/101533-2023-07-02-02:32.pdf |
FUND MANAGER | Macquarie Investment Management Australia |
ASX Code | MPS07* |
APIR | MAQ0631AU |
ASSET CLASS | GLOBAL EQUITIES |
INVESTMENT STYLE | The Fund provides exposure to a concentrated portfolio of global equities by investing in securities that are, in IFP’s opinion, issued by high quality companies |
INVESTMENT PROFILE | The Fund aims to achieve a long-term total return (before fees and expenses) that exceeds the Benchmark. |
CURRENCY MANAGEMENT | Hedged |
INCEPTION DATE | 23-11-2009 |
BENCHMARK | MSCI World ex Australia Index, in $A hedged with net dividends reinvested |
FUND SIZE | MSCI World ex Australia Index, in $A hedged with net dividends reinvested |
DISTRIBUTION FREQUENCY | Yearly |
NO. OF HOLDINGS | 20-40 |
FEES | 1.28% p.a. of the net asset value of the Fund |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the IFP Global Franchise Fund (Hedged)
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RISK LEVEL | High |
INVESTOR SUITABILITY | The Fund may be suitable for investors who are looking for an investment with the objective of the Fund listed above and are prepared to accept the risks of the Fund set out in Section 4. A Target Market Determination (TMD) for the Fund which includes a description of the class of consumers for whom the Fund is likely to be consistent with their objectives, financial situation and needs is available at macquarieim.com/TMD. |
Risks
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Detail |
Key Features
Fund descriptionThe Fund provides exposure to a concentrated portfolio of global equities by investing in securities that are, in IFP's opinion, issued by high quality companies. These high quality companies possess a primary competitive advantage supported by a dominant intangible asset, such as a brand, patent or licence. The companies in which IFP invests are typically found in sectors such as branded consumer goods (including tobacco), pharmaceuticals, media and publishing, broadcasting and information services. IFP typically does not invest in capital intensive industries such as telecommunications and utilities. IFP believes that investing in shares of high quality companies that trade at attractive valuations can lead to superior returns with less volatility over the long term compared to the Benchmark. Significant features
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Mandate
How we invest your moneyThe Fund provides exposure to a concentrated portfolio of global equities by investing in securities of high quality companies by investing in the IFP Global Franchise Fund (Underlying Fund). These high quality companies possess a primary competitive advantage supported by a dominant intangible asset, such as a brand, patent or licence. The companies in which IFP invests are typically found in sectors such as branded consumer goods (including tobacco), pharmaceuticals, media and publishing, broadcasting and information services. IFP typically does not invest in capital intensive industries such as telecommunications and utilities. IFP believes that investing in shares of high quality companies that trade at attractive valuations can lead to superior returns with less volatility over the long term compared to the Benchmark. For more information about IFP's investment process, go to Section 5 of the Information Booklet. The Underlying Fund may be exposed to derivatives through the use of foreign exchange spot and forward contracts. IFP may use these foreign exchange contracts to:
The Fund's exposure to international assets is hedged by the Investment Manager back to Australian dollars. Asset allocation
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