Elston Growth 50
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/106777-2024-08-10-02:31.pdf |
FUND MANAGER | Elston Asset Management |
ASX Code | |
APIR | NTH0306 |
ASSET CLASS | DIVERSIFIED |
INVESTMENT STYLE | A managed portfolio is a notional portfolio of assets that is |
INVESTMENT PROFILE | Aims to outperform the benchmark over rolling four-year periods. |
CURRENCY MANAGEMENT | |
INCEPTION DATE | |
BENCHMARK | Morningstar Australia Balanced Target Allocation NR AUD |
FUND SIZE | Morningstar Australia Balanced Target Allocation NR AUD |
DISTRIBUTION FREQUENCY | |
NO. OF HOLDINGS | |
FEES | Estimated 0.24% p.a. to 1.21% p.a. depending on the managed portfolio selected |
STRUCTURE |
Benefits
Benefits | BenefitsExpertise: The managed portfolios in this PDS are managed by various investment managers we have engaged to design, monitor, and make changes to their respective series of managed portfolios in line with the stated investment objectives.
Choice: You can select from the range of managed portfolios based on what you determine to be your financial goals and tolerance to risk. MyNorth Managed Portfolios allows you to choose a managed You can choose from a wide range of investment managers Refer to the managed portfolio menu in Part 2 of this PDS.
Flexibility to switch, withdraw and transfer: You can switch between your chosen managed portfolios or invest in a new managed portfolio at any time. You can also transfer certain equities and other investments into and out of your managed portfoliowithouttriggering a change in beneficial ownership and unnecessary realisation of capital gains (see Transferring assets in and out of your Portfolio on page 11 for further information). |
RISK LEVEL | Medium to High |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
Key Features
Investment choices: Benefit from professional investment management by choosing a managed portfolio to suit your needs. Investment preferences: You can choose to customise your Portfolio by providing an income payment election, where you can electthatincome from your Portfolio is retained and reinvested in your Portfolio or paid outto your Platform cash account. This election will override all default income payment settings for any managed portfolio, as set out in Part 2 of this PDS. This feature will be available during November 2023. Platform cash account: Will be used to pay investment management fees, investment performance fees and expenses. Managed portfolio cash account: An allocation of cash in your Portfolio for the purpose of settling most transactions in your Portfolio. Initial investment balance: The minimum amount required to invest in each portfolio In-specie transfers: You can also transfer certain equities and other investments into and out of your Portfolio without triggering any capital gains tax consequences (provided the beneficial ownership remains the same). Reporting and communications: You and your financial adviser can review the performance, asset allocation, holdings and transactions of your Portfolio on North Online Rebalancing and review: – We will regularly monitor investment instructions received from Beneficial ownership: You have an absolute entitlement to the beneficial interest in the equities, units and other investments you hold through the Scheme. Capital gains tax accounting method: We apply the First In First Out (FIFO) capital gains tax accounting approach Fees and costs: Competitive fees and costs |
Mandate
Asset Allocation
Growth assets: Australian equities: 13 - 43% Defensive assets: Australian fixed interest: 5 - 35%
|