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Elston Growth 97 (formerly High Growth) Model Portfolio

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/106381-2024-02-21-02:22.pdf
FUND MANAGER Elston Asset Management
ASX Code
APIR
ASSET CLASS SEPARATELY MANAGED ACCOUNTS
INVESTMENT STYLE

An actively managed diversified portfolio of securities across both growth asset classes such as Australian and international equities, property and infrastructure; and defensive oriented asset classes, such as cash and fixed interest securities.

INVESTMENT PROFILE

The aim of the portfolio is to outperform the Elston Composite High Growth Index, over rolling five-year periods, after fees.

CURRENCY MANAGEMENT Active Management
INCEPTION DATE 03-10-2012
BENCHMARK The Composite Benchmark is an index calculated as the weighted average of the indices selected as benchmarks for each asset class
FUND SIZE The Composite Benchmark is an index calculated as the weighted average of the indices selected as benchmarks for each asset class
DISTRIBUTION FREQUENCY Account based
NO. OF HOLDINGS 20 - 40
FEES 0.40% - 0.48% subject to platform
STRUCTURE

Benefits

Benefits

The Elston Asset Management (EAM) investment team consists of eight investment professionals and is led by the four portfolio managers: Andrew McKie (AEQ only), Bruce Williams, Leon de Wet and Justin Woerner. The four portfolio managers are responsible for all investment related decisions, including the prioritising of research efforts, determining the Tactical Asset Allocation (TAA) tilts, the approved products list, and the final investment allocation.

EAM's team-based process across both asset allocation and security selection results in multiple members having shared responsibility for research, portfolio management and investment decisions, reducing key person risk within the company. The four portfolio managers have over 20 years' industry experience (on average), their experience and differentiated backgrounds is conducive to robust discussion and peer review. Additionally, the portfolio managers' long-term working relationship provides a strong working culture and environment.

RISK LEVEL
INVESTOR SUITABILITY

The portfolio is designed for investors seeking:

  • long term capital growth above inflation;
  • tax effective income growth;
  • a non-index weighted portfolio construction;
  • a minimum investment timeframe of seven
    years. 

Risks

Title
Detail

Key Features

An actively managed diversified portfolio of securities across both growth asset classes such as Australian and international equities, property and infrastructure; and defensive oriented asset classes, such as cash and fixed interest securities. In general, the portfolio will have a long-term average exposure of around 97% in growth assets and 3% in defensive assets, however the allocations will be actively managed within the allowable ranges depending on market conditions.

Investor Philosophy
The Elston Asset Management investment philosophy incorporates the following values:
- Preservation of capital
- Long term focus
- Value and growth
- Genuine diversity
- Liquidity
- After tax management

Mandate

Investable Universe

Global

Growth/Defensive

Growth 97% / Defensive 3%

Asset Class

Mixed Asset