FirstChoice WS Pers Super - Acadian WS Global Equity Long Short
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/106533-2024-06-22-02:26.pdf |
FUND MANAGER | Acadian Asset Management |
ASX Code | |
APIR | FSF0868AU |
ASSET CLASS | GLOBAL EQUITIES |
INVESTMENT STYLE | The money in your investment option is invested across a range of assets. |
INVESTMENT PROFILE | To maximise risk-adjusted, long-term returns by investing in undervalued stocks and short selling overvalued stocks from around the world. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 07-03-2006 |
BENCHMARK | MSCI World Index |
FUND SIZE | MSCI World Index |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | |
FEES | 1.30% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in FirstChoice WholesaleFirstChoice Wholesale is designed to help you achieve your investment goals and provides access to a wide range of managed funds from some of the world's most respected investment managers. FirstChoice Wholesale provides you with exceptional value, service and choice. Value FirstChoice Wholesale is a leader in providing value for money. We provide what you want - a great platform at a competitive price. Service Our brand is synonymous with service excellence. You will receive fast and personal service. Choice Over 130 investment options and over 70 investment managers give you real choice and diversity, across specialist boutiques and leading brands. Investment options With FirstChoice Wholesale, you can access a vast range of investment opportunities from well-respected Australian and international investment managers, including specialist boutique investment managers, across different asset classes such as shares, fixed interest, property and cash, all in the one place. More than 130 ways to achieve your specific investment goals FirstChoice Wholesale has more than 130 investment options across different asset classes and investment managers so that you can tailor an investment portfolio to meet your needs. You can choose from:
Pre-retirement pension members have access to a limited investment menu of 65 investment options. You can choose one option or a combination of different options. You can transfer your money into other options at any time. When you are invested in FirstChoice Wholesale, your money is combined with other investors' money in FirstChoice Wholesale. Each FirstChoice Wholesale option is a separate option within this superannuation fund. Each option invests in an underlying pool' which is managed according to the option's objectives. Each option has a different level of risk and potential level of returns. Personal customer service every time We understand that our success depends on our ability to provide you with great service - every time. We have some of the most dedicated and highly trained people in the market, and we constantly aim for exceptional service. No waiting for reports and statements Instead of you waiting weeks for annual reports and tax statements, FirstChoice Wholesale provides you with consolidated reporting at least twice a year, which will give you a complete picture of all your investments and a summary of all your transactions. FirstNet makes it easy You can also access up-to-date information on your investments at any time via our secure internet site, FirstNet. FirstNet e-Post is the fast and secure way to submit original forms and requests via FirstNet, our secure online service. You no longer need to post the originals, saving you time and effort. You will receive an instant email confirmation when you submit your request and a reference number. You must only submit original forms. Receive informative material As an investor in FirstChoice Wholesale, you can look forward to receiving:
Risk levelVery High |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
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Detail |
Key Features
Acadian Asset Management LLC (“Acadian”) is a Boston-headquartered investment management firm with wholly owned affiliates located in Sydney, Singapore and London. Acadian maintains a dedicated presence in Australia through Acadian Asset Management (Australia) Limited, our Sydney-based wholly owned affiliate. Acadian specialises in active long only, long short,managed volatility equity and multi-asset strategies. Acadian applies fundamental insights to find attractive and unique investment opportunities. Our decisions are made based on empirical evidence and our processes are repeatable and transparent, and risk control is a central focus. We measure success by how effectively we attain our clients’ desired outcomes. Responsible Investing is embedded in our investment approach. We believe our competitive edge derives from our experienced team and disciplined approach, which, coupled with our technical ability to maintain and analyse large volumes of data, allows us to apply fundamental insights in a highly systematic and objective way while remaining adaptive to changing market environments. How your FirstChoice Wholesale Personal Super account worksFirstChoice Wholesale Personal Super is an accumulation super fund. This means that each member has an account balance with money flowing in and out of the account. When a contribution is made to your account, the contribution is used to purchase units in your chosen option. For example, if you make a contribution of $100 and the entry unit price for your chosen option is $1.00, then you will receive 100 units. The value of your units may fluctuate due to the receipt of investment income and/or changes in the value of the underlying assets held in each option (except for FirstRate products, where the number of units changes as a result of the payment of interest). The unit price you receive may also be affected by other factors such as the payment of tax and other fund costs from the assets of the fund. Other costs that relate specifically to you, such as the payment of insurance premiums or adviser service fees, may also be deducted from your account via the withdrawal of units. This means that your account balance can fluctuate on a daily basis depending on market movements, the costs of running the fund and any expenses that relate specifically to your account. How your FirstChoice pension account worksWhen you commence your pension, you are issued units in the investment option(s) you select. The value of units fluctuates as a result of changes in the value of the underlying assets or as a result of costs reflected in the unit price (except for the FirstRate Wholesale options, which are deposits with the Bank and the value changes as a result of the payment of interest). This means that your account balance can fluctuate on a daily basis depending on the value of the units which you hold in your account. The unit price you receive is the unit price which applies on the day we receive a completed request, provided the request is received before 3pm, Sydney time, on any NSW business day. |
Mandate
How we invest your moneyTo maximise risk-adjusted, long-term returns by investing in undervalued stocks and short selling overvalued stocks from around the world, while carefully controlling portfolio risk and transaction costs. The option aims to outperform the MSCI World Index over rolling four-year periods before fees and taxes. Investment strategyThe option’s investment strategy is based on the belief that markets are inefficient, creating price anomalies that can be exploited by a disciplined, objective investment process. Acadian’s investment approach employs structured stock and peer group valuation models, which are designed to capture a broad range of relevant characteristics such as quality, value, earnings growth and price-related factors. This aims to systematically unearth securities with unrecognised value, as well as improving earnings prospects to help unlock that value. Undervalued stocks will be purchased, while stocks that are expensive relative to their peers or have recently had their earnings estimates reduced will be selectively short sold. The option will target a gross long exposure of 130% and a gross short exposure of 30% (130/30). Investment ranges(Asset class: Range / Benchmark)
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