Specialist Australian Shares Fund (IOOF)
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/101553-2023-11-30-02:52.pdf |
FUND MANAGER | IOOF Investment Services |
ASX Code | |
APIR | WPC0005AU |
ASSET CLASS | AUSTRALIAN EQUITIES |
INVESTMENT STYLE | The Fund provides exposure to a diversified portfolio of Australian shares. |
INVESTMENT PROFILE | The Fund aims to produce total investment returns after fees which aim to outperform the Benchmark over a rolling five-year period. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 18-11-2005 |
BENCHMARK | S&P/ASX 300 Accumulation Index |
FUND SIZE | S&P/ASX 300 Accumulation Index |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | |
FEES | 0.80% p.a. of the net assets of the Fund |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the IOOF Specialist FundsInvesting in the Fund offers you a range of benefits, including:
Risk levelHigh Investor suitabilityThe Fund is intended to be suitable for investors seeking a diversified portfolio of Australian shares. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the FundThe Fund invests in a diversified portfolio of listed Australian securities. The Fund has a goal of achieving long-term capital growth and income. Investment philosophyThe Fund seeks to outperform the market index by selecting specialist managers to actively manage portfolios of Australian shares. A diverse range of investment strategies and skills are employed to generate outperformance. About IOOF Investment ServicesIOOF Investment Services Ltd (IISL) is the Responsible Entity (RE) and investment manager of the Fund and is responsible for the management and administration of the Fund. IISL is also referred to as RE', we', us' and our' throughout this document. IISL is part of the IOOF group. As one of the largest financial services groups in Australia, with over 170 years' experience in helping Australians secure their financial independence, the IOOF group provides services to more than 500,000 clients and has more than $142.7 billion in funds under management, advice and administration (as at 30 September 2019). The IOOF group consists of IOOF Holdings Ltd ABN 49 100 103 722 and its related bodies corporate, and is currently listed in the top 200 on the Australian Securities Exchange (ASX: IFL). IISL is dedicated to managing the investment assets of the Fund. The responsibilities include establishing, implementing and monitoring the Fund's investment objectives and strategies. From time to time IISL may appoint underlying investment managers to manage all or a portion of the Fund's assets. IISL has the discretion to change the underlying investment managers or add or remove underlying investment managers at any time. For details of the current underlying investment managers, please refer to the fund profile available at www.ioof.com.au |
Mandate
How we invest your moneyThe Fund invests in securities in companies listed in Australia. Its objective is to produce investment returns which aim to outperform the S&P/ASX 300 Accumulation Index over rolling five-year periods (after fees and expenses). |