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  5. Altrinsic Global Equities Trust - Managed fund profile

Altrinsic Global Equities Trust - Managed Fund

Fund Objective
The fund aims to deliver long-term capital growth and to outperform the MSCI All Country World Index (ex-Australia) Net Dividends Reinvested ($A) over rolling five year periods, before fees and taxes.
Fund Strategy
The fund is a high conviction portfolio of the investment team's best investment ideas is constructed from the bottom-up on a stock-by-stock basis. Region, industry, and market capitalisation exposures are an outcome of this company-specific approach. The fund typically invests in 60-100 stocks. The fund's exposure to international assets is not hedged to the Australian dollar. However, if the fund becomes overweight in a currency due to stock selection, Altrinsic may enter into currency hedging contracts to reduce that currency exposure.

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 2.83% 4.61% 9.51% 17.19% 11.61% 9.84% 7.66% 9.43%
Growth return 2.83% 4.61% -1.33% 5.59% 0.76% -0.83% -1.28% 0.34%
Income return 0% 0% 10.84% 11.6% 10.85% 10.67% 8.94% 9.09%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Altrinsic Global Equities Trust
International Equities
96.75%
Cash
3.25%

General Information

Fund Details
Type Description
Altrinsic Global Equities Trust
Antares Capital Partners Ltd
ANT0005AU
starstarstar (as at 30 Nov 2024)
Unknown
7 Nov 2011
$189.1 million (as at 30 Nov 2024)
$1.55991 (as at 23 Dec 2024)
$1.55679 (as at 23 Dec 2024)
Open
Offer information
Type Description
MER 0.99% (as at 3 Oct 2023)
Indirect Cost Ratio (ICR) 0.99% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
The Hanover Insurance Group Inc Equity 3.65%
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FAQs about the Altrinsic Global Equities Trust

The objective of the Altrinsic Global Equities Trust managed fund is The fund aims to deliver long-term capital growth and to outperform the MSCI All Country World Index (ex-Australia) Net Dividends Reinvested ($A) over rolling five year periods, before fees and taxes.

The strategy of the Altrinsic Global Equities Trust managed fund is The fund is a high conviction portfolio of the investment team's best investment ideas is constructed from the bottom-up on a stock-by-stock basis. Region, industry, and market capitalisation exposures are an outcome of this company-specific approach. The fund typically invests in 60-100 stocks. The fund's exposure to international assets is not hedged to the Australian dollar. However, if the fund becomes overweight in a currency due to stock selection, Altrinsic may enter into currency hedging contracts to reduce that currency exposure.

The APIR code of the Altrinsic Global Equities Trust managed fund is ANT0005AU.

Altrinsic Global Equities Trust’s total return last month was 2.83%. This was made up of a growth return of 2.83% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Altrinsic Global Equities Trust’s total return for the last three months was 4.61%. This was made up of a growth return of 4.61% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

Altrinsic Global Equities Trust’s one-year total return is 17.19%. This was made up of a growth return of 5.59% and an income return of 11.6%. These returns were calculated as at 30 Nov 2024.

Altrinsic Global Equities Trust’s one-year total return is 9.84%. This was made up of a growth return of -0.83% and an income return of 10.67%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Altrinsic Global Equities Trust managed fund is :

International Equities
96.75%
Cash
3.25%

The Responsible Entity for the Altrinsic Global Equities Trust managed fund is Antares Capital Partners Ltd.

As at 30 Nov 2024, the size of the Altrinsic Global Equities Trust managed fund was $189.1 million.

The Altrinsic Global Equities Trust managed fund has an inception date of 7 Nov 2011.

The current entry price of the Altrinsic Global Equities Trust managed fund is $1.55991 per unit and the current exit price is $1.55679 per unit (as at 23 Dec 2024).

The current exit price of the Altrinsic Global Equities Trust managed fund is $1.55679 per unit and the current entry price is $1.55991 per unit (as at 23 Dec 2024).

The minimum initial investment amount for the Altrinsic Global Equities Trust managed fund is $20,000. Minimum additional investment is $1000.

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.