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  5. Aim Global High Conviction - Managed fund profile

Aim Global High Conviction - Managed Fund

Fund Objective
The Fund seeks to outperform the Benchmark, while providing sensible downside protection from permanent capital loss over the medium to long term
Fund Strategy
The Fund is focused on listed global equities, however, it does have the capacity to invest in cash equivalent instruments, exchange traded derivatives. The Fund may also from time to time invest in fixed income instruments and certain other investment instruments.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.04% 0.75% 6.91% 22.27% 17.1% 8.42% 13.51% -%
Growth return 2.04% 0.75% -1.26% 12.93% 10.41% 0.74% 7.64% -%
Income return 0% 0% 8.17% 9.34% 6.69% 7.68% 5.87% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Aim Global High Conviction
International Equities
93.92%
Cash
6.08%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.18%
Cash
2.48%
Australian Equities
2.64%
Property
1.50%
Fixed Interest
0.11%
Alternatives
0.09%

General Information

Fund Details
Type Description
Aim Global High Conviction
AIT3081AU
Equity World Large Blend
starstarstarstar (as at 31 Oct 2024)
Investment Fund
30 Aug 2019
$93 million (as at 28 Feb 2021)
$142.0098 (as at 18 Nov 2024)
$141.8112 (as at 18 Nov 2024)
Open
Offer information
Type Description
MER 2.31% (as at 29 Dec 2023)
Indirect Cost Ratio (ICR) 0.22% (as at 30 Jun 2021)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $25,000

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Constellation Software Inc Equity 7.79%
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FAQs about the Aim Global High Conviction

The objective of the Aim Global High Conviction managed fund is The Fund seeks to outperform the Benchmark, while providing sensible downside protection from permanent capital loss over the medium to long term

The strategy of the Aim Global High Conviction managed fund is The Fund is focused on listed global equities, however, it does have the capacity to invest in cash equivalent instruments, exchange traded derivatives. The Fund may also from time to time invest in fixed income instruments and certain other investment instruments.

The APIR code of the Aim Global High Conviction managed fund is AIT3081AU.

Aim Global High Conviction’s total return last month was 2.04%. This was made up of a growth return of 2.04% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Aim Global High Conviction’s total return for the last three months was 0.75%. This was made up of a growth return of 0.75% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Aim Global High Conviction’s one-year total return is 22.27%. This was made up of a growth return of 12.93% and an income return of 9.34%. These returns were calculated as at 31 Oct 2024.

Aim Global High Conviction’s one-year total return is 8.42%. This was made up of a growth return of 0.74% and an income return of 7.68%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Aim Global High Conviction managed fund is :

International Equities
93.92%
Cash
6.08%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Aim Global High Conviction managed fund belongs to the Equity World Large Blend sector/asset class.

As at 28 Feb 2021, the size of the Aim Global High Conviction managed fund was $93 million.

The Aim Global High Conviction managed fund has an inception date of 30 Aug 2019.

The current entry price of the Aim Global High Conviction managed fund is $142.0098 per unit and the current exit price is $141.8112 per unit (as at 18 Nov 2024).

The current exit price of the Aim Global High Conviction managed fund is $141.8112 per unit and the current entry price is $142.0098 per unit (as at 18 Nov 2024).

The minimum initial investment amount for the Aim Global High Conviction managed fund is $20,000. Minimum additional investment is $25000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.