Concise Mid Capital - Managed Fund (Closed)

Fund Objective

To obtain returns greater than that of the benchmark over rolling three year periods. The benchmark of the Fund is Concise Mid Cap Masters Index.

Fund Strategy

The Fund is an unlisted registered managed investment scheme that will provide exposure to the Mid Cap Universe, defined as stocks ranked from 51 - 200 (in terms of market capitalisation) that are listed on the Australian Stock Exchange. The Fund will invest mainly in equity securities (including shares, options and warrants) quoted on stock exchanges in Australia, cash and short term bills.

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	3.06%	7.56%	11.14%	20.05%	14.65%	12.91%	11.9%	-%
Growth return	3.06%	7.56%	-5.45%	1.14%	3.93%	5.17%	6.33%	-%
Income return	0%	0%	16.59%	18.91%	10.72%	7.74%	5.57%	-%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return	0.8%	3.77%	5.84%	26.65%	9.63%	-0.61%	4.65%	7.11%

As at 30 Nov 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Concise Mid Capital

Australian Equities: 94.85%

Cash: 5.15%

International Equities: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 91.61%

Cash: 4.02%

International Equities: 3%

Property: 1.10%

Fixed Interest: 0.02%

Alternatives: 0.26%

General Information

Fund Details

Type	Description
Fund Name	Concise Mid Capital
Fund Status	Closed
Responsible Entity	Concise Asset Management Limited
APIR Code	CAM0001AU
Sector/Asset Class	Equity Australia Mid/Small Blend
Morningstar Rating	(as at 30 Nov 2017)
Legal Structure	Investment Fund
Fund Inception	16 Apr 2008
Fund Size	$46.23 million (as at 30 Jun 2017)
Entry Price	$1.1691 (as at 5 Dec 2017)
Exit Price	$1.1621 (as at 5 Dec 2017)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	1.32% (as at 30 Jun 2016)
Minimum initial investment	$25,000
Minimum additional investments	$5,000.00
Minimum redemption amount	$5,000.00

FAQs about the Concise Mid Capital

What is the objective of the Concise Mid Capital managed fund?

The objective of the Concise Mid Capital managed fund is To obtain returns greater than that of the benchmark over rolling three year periods. The benchmark of the Fund is Concise Mid Cap Masters Index.

What is the strategy for the Concise Mid Capital managed fund?

The strategy of the Concise Mid Capital managed fund is The Fund is an unlisted registered managed investment scheme that will provide exposure to the Mid Cap Universe, defined as stocks ranked from 51 - 200 (in terms of market capitalisation) that are listed on the Australian Stock Exchange. The Fund will invest mainly in equity securities (including shares, options and warrants) quoted on stock exchanges in Australia, cash and short term bills.

What is the APIR code of the Concise Mid Capital managed fund?

The APIR code of the Concise Mid Capital managed fund is CAM0001AU.

What was Concise Mid Capital’s total return last month?

Concise Mid Capital’s total return last month was 3.06%. This was made up of a growth return of 3.06% and an income return of 0%. These returns were calculated as at 30 Nov 2017.

What was Concise Mid Capital’s total return for the last three months?

Concise Mid Capital’s total return for the last three months was 7.56%. This was made up of a growth return of 7.56% and an income return of 0%%. These returns were calculated as at 30 Nov 2017.

What is Concise Mid Capital’s one-year total return?

Concise Mid Capital’s one-year total return is 20.05%. This was made up of a growth return of 1.14% and an income return of 18.91%. These returns were calculated as at 30 Nov 2017.

What is Concise Mid Capital’s three-year total return?

Concise Mid Capital’s one-year total return is 12.91%. This was made up of a growth return of 5.17% and an income return of 7.74%. These returns were calculated as at 30 Nov 2017.

What is the asset allocation of the Concise Mid Capital managed fund?

The asset allocation of the Concise Mid Capital managed fund is :

Australian Equities: 94.85%

Cash: 5.15%

International Equities: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Concise Mid Capital managed fund?

The Responsible Entity for the Concise Mid Capital managed fund is Concise Asset Management Limited.

What sector/asset class does the Concise Mid Capital managed fund belong to?

The Concise Mid Capital managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

What is the size of the Concise Mid Capital managed fund?

As at 30 Jun 2017, the size of the Concise Mid Capital managed fund was $46.23 million.

What is the inception date of the Concise Mid Capital managed fund?

The Concise Mid Capital managed fund has an inception date of 16 Apr 2008.

What is the current entry price of the Concise Mid Capital managed fund?

The current entry price of the Concise Mid Capital managed fund is $1.1691 per unit and the current exit price is $1.1621 per unit (as at 5 Dec 2017).

What is the current exit price of the Concise Mid Capital managed fund?

The current exit price of the Concise Mid Capital managed fund is $1.1621 per unit and the current entry price is $1.1691 per unit (as at 5 Dec 2017).

What is the minimum investment amount for the Concise Mid Capital managed fund?

The minimum initial investment amount for the Concise Mid Capital managed fund is $25,000. 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.

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