Chester High Conviction Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/106756-2023-12-05-02:21.pdf |
FUND MANAGER | Chester Asset Management Pty Ltd |
ASX Code | |
APIR | OPS7755AU |
ASSET CLASS | AUSTRALIAN EQUITIES |
INVESTMENT STYLE | To outperform the S&P/ASX300 Accumulation Index by 500bp (before fees) over a rolling 3-year time frame. The Fund will invest in a diversified portfolio of stocks comprising listed companies in the S&P/ASX 300 Index (up to 100% of the Fund), a non-index position in stocks listed |
INVESTMENT PROFILE | The Chester High Conviction Fund seeks to exploit inefficient markets by investing in companies with sustainable earnings with an ability to generate free cash flow or dividend growth. Valuation support is critical to ensure a margin of safety |
CURRENCY MANAGEMENT | |
INCEPTION DATE | 01-04-2017 |
BENCHMARK | The Fund’s portfolio is constructed and managed without regard to any benchmark index weights, however for performance comparison purposes the S&P/ASX 300 Accumulation Index is used. |
FUND SIZE | The Fund’s portfolio is constructed and managed without regard to any benchmark index weights, however for performance comparison purposes the S&P/ASX 300 Accumulation Index is used. |
DISTRIBUTION FREQUENCY | Yearly |
NO. OF HOLDINGS | |
FEES | 0.95% of the NAV of the fund |
STRUCTURE |
Benefits
Benefits | • Access to a specialist investment boutique structure, alignment of interests between the investors and the portfolio manager is absolute, portfolio manager alongside the investors |
RISK LEVEL | High |
INVESTOR SUITABILITY | This product is likely to be appropriate for a consumer seeking capital growth to be used as a satellite allocation within a portfolio where the consumer has a medium investment timeframe, high risk/return profile and needs daily access to capital |
Risks
Title | |
Detail |
Key Features
The Fund has and maintains an environmental, social and governance framework which is embedded into its investment processes. Its ESG Guidelines outline how the Fund uses ESG considerations to assist in making investment choices. The Fund doesn’t construct portfolios purely on ESG The Fund is a managed investment scheme in which funds subscribed by individual investors are pooled to buy assets on behalf of all investors in the Fund. Assets are selected and managed by a professional investment management team The Fund is established under a constitution, which sets out your rights, as well as the powers and responsibilities of Copia. You can obtain a free copy of the constitution by contacting us. Investors are issued units which entitle them to a proportionate interest in the income and assets of the Fund. Investors do not have an entitlement to any particular asset of the Fund. The Fund’s assets are valued in accordance with the Fund’s constitution based on market values. Unit prices will vary as the market value of the Fund’s assets rises and falls. A unit price is calculated each business day by dividing the Fund’s net asset value (NAV) by the number of units on issue. An allowance for transaction costs incurred in buying and selling Fund assets may be added to or subtracted from the Fund’s unit price to determine an application price and a withdrawal price. The difference between the application price and the withdrawal price is known as the buy/sell spread. When you invest in the Fund, you will be issued a number of units calculated by reference to the applicable unit application price. When you withdraw from the Fund, your units will be withdrawn at the applicable unit withdrawal price. |