Greencape High Conviction - Managed Fund

Fund Objective

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

Fund Strategy

The Fund's investment universe is companies and other securities listed on the ASX, or those expected to list within the next six months. The Fund may also invest up to 10% in stocks listed on any international stock exchange. The Fund can invest in listed equity securities or hybrid equity securities such as convertible notes, redeemable preference shares and partly paid shares. Derivatives, such as futures and options, may be used to reduce risk or gain exposure to other types of investments.

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	-0.82%	3.69%	10.27%	29.5%	16.25%	8.72%	9.98%	9.81%
Growth return	-0.82%	3.21%	5.33%	-%	9.91%	0.49%	2.83%	1.88%
Income return	0%	0.48%	4.94%	-%	6.34%	8.23%	7.15%	7.93%
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

Greencape High Conviction

Australian Equities: 90.36%

International Equities: 6.14%

Cash: 3.50%

Property: 0%

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
Fund Name	Greencape High Conviction
Responsible Entity	Fidante Partners Limited
APIR Code	HOW0035AU
Sector/Asset Class	Equity Australia Large Growth
Morningstar Rating	(as at 31 Oct 2024)
Legal Structure	Investment Fund
Fund Inception	11 Sep 2006
Fund Size	$919.69 million (as at 31 Oct 2024)
Entry Price	$1.7534 (as at 20 Nov 2024)
Exit Price	$1.7464 (as at 20 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	1.06% (as at 23 Nov 2023)
Indirect Cost Ratio (ICR)	1.06% (as at 30 Jun 2023)
Performance fee (not included in ICR)	0.16
Minimum initial investment	$10,000.00
Minimum additional investments	$1,000.00
Minimum redemption amount	$1,000.00

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024)	Type	% of Portfolio
CSL Ltd	Equity	10.06%
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FAQs about the Greencape High Conviction

What is the objective of the Greencape High Conviction managed fund?

The objective of the Greencape High Conviction managed fund is The Fund aims to outperform its benchmark over rolling three-year periods.

What is the strategy for the Greencape High Conviction managed fund?

The strategy of the Greencape High Conviction managed fund is The Fund's investment universe is companies and other securities listed on the ASX, or those expected to list within the next six months. The Fund may also invest up to 10% in stocks listed on any international stock exchange. The Fund can invest in listed equity securities or hybrid equity securities such as convertible notes, redeemable preference shares and partly paid shares. Derivatives, such as futures and options, may be used to reduce risk or gain exposure to other types of investments.

What is the APIR code of the Greencape High Conviction managed fund?

The APIR code of the Greencape High Conviction managed fund is HOW0035AU.

What was Greencape High Conviction’s total return last month?

Greencape High Conviction’s total return last month was -0.82%. This was made up of a growth return of -0.82% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What was Greencape High Conviction’s total return for the last three months?

Greencape High Conviction’s total return for the last three months was 3.69%. This was made up of a growth return of 3.21% and an income return of 0.48%%. These returns were calculated as at 31 Oct 2024.

What is Greencape High Conviction’s one-year total return?

Greencape High Conviction’s one-year total return is 29.5%. 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 Greencape High Conviction’s three-year total return?

Greencape High Conviction’s one-year total return is 8.72%. This was made up of a growth return of 0.49% and an income return of 8.23%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the Greencape High Conviction managed fund?

The asset allocation of the Greencape High Conviction managed fund is :

Australian Equities: 90.36%

International Equities: 6.14%

Cash: 3.50%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Greencape High Conviction managed fund?

The Responsible Entity for the Greencape High Conviction managed fund is Fidante Partners Limited.

What sector/asset class does the Greencape High Conviction managed fund belong to?

The Greencape High Conviction managed fund belongs to the Equity Australia Large Growth sector/asset class.

What is the size of the Greencape High Conviction managed fund?

As at 31 Oct 2024, the size of the Greencape High Conviction managed fund was $919.69 million.

What is the inception date of the Greencape High Conviction managed fund?

The Greencape High Conviction managed fund has an inception date of 11 Sep 2006.

What is the current entry price of the Greencape High Conviction managed fund?

The current entry price of the Greencape High Conviction managed fund is $1.7534 per unit and the current exit price is $1.7464 per unit (as at 20 Nov 2024).

What is the current exit price of the Greencape High Conviction managed fund?

The current exit price of the Greencape High Conviction managed fund is $1.7464 per unit and the current entry price is $1.7534 per unit (as at 20 Nov 2024).

What is the minimum investment amount for the Greencape High Conviction managed fund?

The minimum initial investment amount for the Greencape High Conviction managed fund is $10,000. 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.

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