Alphinity Australian Equity - Managed Fund

Fund Objective

The Fund aims to outperform its benchmark after costs and over rolling three-year periods.

Fund Strategy

Alphinity is an active core Australian equities manager who seeks to identify opportunities across market cycles. Alphinity believes that a company's earnings growth and expected earnings growth ultimately drive its share price performance and that there is a systematic mispricing of individual shares over the short to medium term due to under or overestimation of a company's earnings ability.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-0.67%	2.62%	10.09%	24.8%	12.89%	7.53%	8.45%	8.55%
Growth return	-0.67%	1.88%	8.55%	-%	9.52%	3.64%	4.99%	4.89%
Income return	0%	0.74%	1.54%	-%	3.37%	3.89%	3.46%	3.66%
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 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Alphinity Australian Equity

Australian Equities: 97.05%

Cash: 2.95%

International Equities: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 93.29%

Cash: -0.11%

International Equities: 4.30%

Property: 2.11%

Fixed Interest: 0.40%

Alternatives: 0.01%

General Information

Fund Details

Type	Description
Fund Name	Alphinity Australian Equity
Responsible Entity	Fidante Partners Limited
APIR Code	HOW0019AU
Sector/Asset Class	Equity Australia Large Blend
Morningstar Rating	(as at 31 Oct 2024)
Legal Structure	Investment Fund
Fund Inception	21 Nov 2003
Fund Size	$33.45 million (as at 31 Oct 2024)
Entry Price	$2.1205 (as at 20 Nov 2024)
Exit Price	$2.1121 (as at 20 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	0.90% (as at 17 Jan 2024)
Indirect Cost Ratio (ICR)	0.90% (as at 30 Jun 2023)
Performance fee (not included in ICR)	0
Minimum initial investment	$10,000.00
Minimum redemption amount	$1,000.00

Top 10 holdings (as at 31 Aug 2023)

Holding (as at 31 Aug 2023)	Type	% of Portfolio
National Australia Bank Ltd	Equity	5.18%

FAQs about the Alphinity Australian Equity

What is the objective of the Alphinity Australian Equity managed fund?

The objective of the Alphinity Australian Equity managed fund is The Fund aims to outperform its benchmark after costs and over rolling three-year periods.

What is the strategy for the Alphinity Australian Equity managed fund?

The strategy of the Alphinity Australian Equity managed fund is Alphinity is an active core Australian equities manager who seeks to identify opportunities across market cycles. Alphinity believes that a company's earnings growth and expected earnings growth ultimately drive its share price performance and that there is a systematic mispricing of individual shares over the short to medium term due to under or overestimation of a company's earnings ability.

What is the APIR code of the Alphinity Australian Equity managed fund?

The APIR code of the Alphinity Australian Equity managed fund is HOW0019AU.

What was Alphinity Australian Equity’s total return last month?

Alphinity Australian Equity’s total return last month was -0.67%. This was made up of a growth return of -0.67% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What was Alphinity Australian Equity’s total return for the last three months?

Alphinity Australian Equity’s total return for the last three months was 2.62%. This was made up of a growth return of 1.88% and an income return of 0.74%%. These returns were calculated as at 31 Oct 2024.

What is Alphinity Australian Equity’s one-year total return?

Alphinity Australian Equity’s one-year total return is 24.8%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

What is Alphinity Australian Equity’s three-year total return?

Alphinity Australian Equity’s one-year total return is 7.53%. This was made up of a growth return of 3.64% and an income return of 3.89%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the Alphinity Australian Equity managed fund?

The asset allocation of the Alphinity Australian Equity managed fund is :

Australian Equities: 97.05%

Cash: 2.95%

International Equities: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Alphinity Australian Equity managed fund?

The Responsible Entity for the Alphinity Australian Equity managed fund is Fidante Partners Limited.

What sector/asset class does the Alphinity Australian Equity managed fund belong to?

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

What is the size of the Alphinity Australian Equity managed fund?

As at 31 Oct 2024, the size of the Alphinity Australian Equity managed fund was $33.45 million.

What is the inception date of the Alphinity Australian Equity managed fund?

The Alphinity Australian Equity managed fund has an inception date of 21 Nov 2003.

What is the current entry price of the Alphinity Australian Equity managed fund?

The current entry price of the Alphinity Australian Equity managed fund is $2.1205 per unit and the current exit price is $2.1121 per unit (as at 20 Nov 2024).

What is the current exit price of the Alphinity Australian Equity managed fund?

The current exit price of the Alphinity Australian Equity managed fund is $2.1121 per unit and the current entry price is $2.1205 per unit (as at 20 Nov 2024).

What is the minimum investment amount for the Alphinity Australian Equity managed fund?

The minimum initial investment amount for the Alphinity Australian Equity managed fund is $10,000.

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.

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