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  5. Candriam Alpha Dynamic - Managed fund profile

Candriam Alpha Dynamic - Managed Fund (Closed)

Fund Objective
The Fund aims to generate long-term capital appreciation by investing in the Australian dollar-denominated Institutional class of the shares in the Dexia World Alternative Alpha Dynamic (Subfund), a sub-fund of the Dexia World Alternative SICAV.
Fund Strategy
The Subfund acts as a fund of funds and invests its assets in a diversified, multi-strategy portfolio of hedge funds. The Subfund aims to achieve a certain level of absolute performance. The Subfund does not invest in hedge funds managed by Dexia AM.

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 0.51% 0.52% -2.21% -3.54% 2.46% 4.17% 4.4% -%
Growth return 0.51% 0.52% -2.21% -10.8% -5.71% -4.09% -1.84% -%
Income return 0% 0% 0% 7.26% 8.17% 8.26% 6.24% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.37% 1.09% 2.19% -% 4.08% 3.08% 1.93% 1.92%
As at 31 May 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
26.14%
Australian Equities
5.52%
International Equities
8.93%
Cash
23.19%
Property
1.83%
Fixed Interest
34.38%

General Information

Fund Details
Type Description
Candriam Alpha Dynamic
Closed
Ausbil Investment Management Limited
AAP0006AU
Alternative - Multistrategy
starstarstar (as at 31 Dec 2014)
Investment Fund
29 Oct 2010
$4.71 million (as at 31 May 2016)
$0.98863 (as at 31 Jul 2016)
$0.98271 (as at 31 Jul 2016)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.20% (as at 30 Jun 2015)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

FAQs about the Candriam Alpha Dynamic

The objective of the Candriam Alpha Dynamic managed fund is The Fund aims to generate long-term capital appreciation by investing in the Australian dollar-denominated Institutional class of the shares in the Dexia World Alternative Alpha Dynamic (Subfund), a sub-fund of the Dexia World Alternative SICAV.

The strategy of the Candriam Alpha Dynamic managed fund is The Subfund acts as a fund of funds and invests its assets in a diversified, multi-strategy portfolio of hedge funds. The Subfund aims to achieve a certain level of absolute performance. The Subfund does not invest in hedge funds managed by Dexia AM.

The APIR code of the Candriam Alpha Dynamic managed fund is AAP0006AU.

Candriam Alpha Dynamic’s total return last month was 0.51%. This was made up of a growth return of 0.51% and an income return of 0%. These returns were calculated as at 31 May 2016.

Candriam Alpha Dynamic’s total return for the last three months was 0.52%. This was made up of a growth return of 0.52% and an income return of 0%%. These returns were calculated as at 31 May 2016.

Candriam Alpha Dynamic’s one-year total return is -3.54%. This was made up of a growth return of -10.8% and an income return of 7.26%. These returns were calculated as at 31 May 2016.

Candriam Alpha Dynamic’s one-year total return is 4.17%. This was made up of a growth return of -4.09% and an income return of 8.26%. These returns were calculated as at 31 May 2016.

The asset allocation of the Candriam Alpha Dynamic managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the Candriam Alpha Dynamic managed fund is Ausbil Investment Management Limited.

The Candriam Alpha Dynamic managed fund belongs to the Alternative - Multistrategy sector/asset class.

As at 31 May 2016, the size of the Candriam Alpha Dynamic managed fund was $4.71 million.

The Candriam Alpha Dynamic managed fund has an inception date of 29 Oct 2010.

The current entry price of the Candriam Alpha Dynamic managed fund is $0.98863 per unit and the current exit price is $0.98271 per unit (as at 31 Jul 2016).

The current exit price of the Candriam Alpha Dynamic managed fund is $0.98271 per unit and the current entry price is $0.98863 per unit (as at 31 Jul 2016).

The minimum initial investment amount for the Candriam Alpha Dynamic managed fund is $20,000. 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.