Antares Ex-20 Australian Equities Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/104325-2023-10-04-02:18.pdf |
FUND MANAGER | Antares Capital Partners |
ASX Code | |
APIR | PPL5308AU |
ASSET CLASS | AUSTRALIAN EQUITIES |
INVESTMENT STYLE | The Fund is an actively managed, concentrated portfolio of equities outside the largest 20 Australian listed companies by market capitalisation (as defined by the S&P/ASX 20 Total Return Index) that Antares identifies as having the potential to offer significant long-term capital growth. The Fund may also invest in equities expected to be listed on the Australian share market. |
INVESTMENT PROFILE | The Fund aims to outperform the Benchmark (after fees) over rolling five year periods. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 01-10-2019 |
BENCHMARK | S&P/ASX 200 Total Return Index excluding the companies listed on the S&P/ASX 20 Total Return Index |
FUND SIZE | S&P/ASX 200 Total Return Index excluding the companies listed on the S&P/ASX 20 Total Return Index |
DISTRIBUTION FREQUENCY | Half yearly |
NO. OF HOLDINGS | 30-50 |
FEES | 0.60% p.a. |
STRUCTURE |
Benefits
Benefits | Access to Antares' investment expertise Underpinning Antares’ approach to stock selection is an experienced team of analysts. The team gathers information through financial analysis, peer group comparison and company visits to gain a thorough understanding of the companies and the issues they face. Antares’ detailed systematic research of companies is the foundation for all its investment decisions Bottom-up research by experienced investment professionals Underpinning Antares’ approach to stock selection is an experienced team of analysts. The team gathers information through financial analysis, peer group comparison and company visits to gain a thorough understanding of the companies and the issues they face. Antares’ detailed systematic research of companies is the foundation for all its investment decisions. A core portfolio of Australian equities The Fund is a high conviction investment fund. That means Antares will only invest in its best investment ideas. The Fund invests in a concentrated portfolio of up to 30 equities outside the largest 20 listed companies by Ease of administration It would generally be difficult for an individual investor to efficiently construct and manage a portfolio of equities similar to the Fund. Additionally, we provide investment confirmations, transaction and distribution statements, monthly Fund reports, website updates and an annual tax statement to keep you up to date on your investment. You can also access statements on your account through the online investor portal at antarescapital.com.au Regularly add to your investment You can choose to regularly add to your investment in the Fund through time by accessing our Regular Savings Plan.
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RISK LEVEL | Very High |
INVESTOR SUITABILITY | While the Fund offers investors the potential for higher returns over the long term compared to funds investing in other types of assets such as fixed income or cash, the higher level of volatility in the Fund means the likelihood of the value of your investment going down over the short term is relatively very high. |
Risks
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Detail |
Key Features
The Fund is a concentrated portfolio of Antares’ highest conviction investment ideas and is relatively unconstrained by the Benchmark’s industry or company weights. Antares follows a bottom-up investment process, which means investment decisions are made by undertaking in-depth proprietary research and analysis of individual companies and securities. Antares may invest up to 10% of the Fund in companies listed outside of the S&P/ASX 200 Total Return Index. This may include investments in equities expected to be listed on the Australian share market. Securities held by the Fund may sometimes move into the S&P/ASX 20 Total Return Index and when this happens the investment manager will use its discretion to sell down that security, having regard to the best interests of unitholders. In this way, the Fund may hold securities in the S&P/ASX 20 Index from time to time. |
Mandate
The Fund is a concentrated portfolio of Antares’ highest conviction investment ideas and is relatively unconstrained by the Benchmark’s industry or company weights. Indicative asset allocation ranges
Use of derivativesThe Fund generally uses derivatives for the purpose of cash management and to minimise investment risk. The Fund will typically use Share Price Index (SPI) contracts which are futures contracts that provide exposure to Australia’s top 200 companies without having to buy or sell shares in every company in the S&P/ASX 200 Total Return Index. Derivatives will not be used within the Fund for gearing purposes. |