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  5. Alphinity Advantage Australian Share - Managed fund profile

Alphinity Advantage Australian Share - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform its benchmark after cost and over rolling three year periods. Performance benchmark: S&P/ASX 300 Accumulation Index. Suggested minimum investment timeframe 5 year(s).
Fund Strategy
The Fund invests in Australian stocks listed on the ASX. The Fund can also invest in listed equity securities or hybrid equity securities such as convertible notes, redeemable preference shares and partly paid shares.

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 1.92% 0.52% 9.6% -6.23% 5.09% 5.13% -% -%
Growth return 1.92% 0.46% 0.81% -15.35% -4.37% -3.23% -% -%
Income return 0% 0.06% 8.79% 9.12% 9.46% 8.36% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 31 Oct 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Alphinity Advantage Australian Share
Australian Equities
87.17%
International Equities
4.59%
Cash
3.84%
Property
4.40%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.29%
International Equities
4.30%
Cash
-0.11%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
Alphinity Advantage Australian Share (Wholesale)
Closed
IPAC Asset Management Limited
AMP2072AU
Equity Australia Large Blend
starstarstarstar (as at 31 Oct 2020)
Investment Fund
11 Feb 2016
n/a
$1.2025 (as at 24 Nov 2020)
$1.1977 (as at 24 Nov 2020)
Finalised
Offer information
Type Description
MER 0.70% (as at 30 Jun 2021)
Indirect Cost Ratio (ICR) 0.70% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2018)

Holding (as at 30 Jun 2018) Type % of Portfolio
BHP Billiton Ltd Equity 7.99%
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FAQs about the Alphinity Advantage Australian Share

The objective of the Alphinity Advantage Australian Share managed fund is The Fund aims to outperform its benchmark after cost and over rolling three year periods. Performance benchmark: S&P/ASX 300 Accumulation Index. Suggested minimum investment timeframe 5 year(s).

The strategy of the Alphinity Advantage Australian Share managed fund is The Fund invests in Australian stocks listed on the ASX. The Fund can also invest in listed equity securities or hybrid equity securities such as convertible notes, redeemable preference shares and partly paid shares.

The APIR code of the Alphinity Advantage Australian Share managed fund is AMP2072AU.

Alphinity Advantage Australian Share’s total return last month was 1.92%. This was made up of a growth return of 1.92% and an income return of 0%. These returns were calculated as at 31 Oct 2020.

Alphinity Advantage Australian Share’s total return for the last three months was 0.52%. This was made up of a growth return of 0.46% and an income return of 0.06%%. These returns were calculated as at 31 Oct 2020.

Alphinity Advantage Australian Share’s one-year total return is -6.23%. This was made up of a growth return of -15.35% and an income return of 9.12%. These returns were calculated as at 31 Oct 2020.

Alphinity Advantage Australian Share’s one-year total return is 5.13%. This was made up of a growth return of -3.23% and an income return of 8.36%. These returns were calculated as at 31 Oct 2020.

The asset allocation of the Alphinity Advantage Australian Share managed fund is :

Australian Equities
87.17%
International Equities
4.59%
Cash
3.84%
Property
4.40%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Alphinity Advantage Australian Share managed fund is IPAC Asset Management Limited.

The Alphinity Advantage Australian Share managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at , the size of the Alphinity Advantage Australian Share managed fund was $ million.

The Alphinity Advantage Australian Share managed fund has an inception date of 11 Feb 2016.

The current entry price of the Alphinity Advantage Australian Share managed fund is $1.2025 per unit and the current exit price is $1.1977 per unit (as at 24 Nov 2020).

The current exit price of the Alphinity Advantage Australian Share managed fund is $1.1977 per unit and the current entry price is $1.2025 per unit (as at 24 Nov 2020).

The minimum initial investment amount for the Alphinity Advantage Australian Share managed fund is $500,000. Minimum additional investment is $5000.

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.