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  5. Ironbark Karara Wholesale Plus Australian Share - Managed fund profile

Ironbark Karara Wholesale Plus Australian Share - Managed Fund (Closed)

Fund Objective
The Fund has been designed to provide total return of 2% p.a. in excess of the S&P/ASX 300 Accumulation Index over a rolling 3-year period net of fees.
Fund Strategy
The Fund will utilise a long only strategy through implementing a machine learning based quantitative investment process which primarily invests in listed Australian equities.

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 1.07% 4.57% 4.76% 13.94% 10.4% 6.77% -% -%
Growth return -3.03% -0.88% -0.71% 6.44% 4.88% 1.99% -% -%
Income return 4.1% 5.45% 5.47% 7.5% 5.52% 4.78% -% -%
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 Jul 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ironbark Karara Wholesale Plus Australian Share
Australian Equities
99.25%
Cash
0.75%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.38%
Cash
-0.10%
International Equities
4.21%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
Ironbark Karara Wholesale Plus Australian Share
Closed
BT Funds Management Ltd
BTA0554AU
Equity Australia Large Blend
starstarstar (as at 31 Jul 2018)
Investment Fund
3 Nov 2014
$3.62 million (as at 31 Jul 2018)
$1.0933 (as at 3 Aug 2018)
$1.0878 (as at 3 Aug 2018)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.87% (as at 30 Jun 2016)
Minimum initial investment
Minimum additional investments

Top 10 holdings (as at 31 Oct 2022)

Holding (as at 31 Oct 2022) Type % of Portfolio
CSL Ltd Equity 10.76%
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FAQs about the Ironbark Karara Wholesale Plus Australian Share

The objective of the Ironbark Karara Wholesale Plus Australian Share managed fund is The Fund has been designed to provide total return of 2% p.a. in excess of the S&P/ASX 300 Accumulation Index over a rolling 3-year period net of fees.

The strategy of the Ironbark Karara Wholesale Plus Australian Share managed fund is The Fund will utilise a long only strategy through implementing a machine learning based quantitative investment process which primarily invests in listed Australian equities.

The APIR code of the Ironbark Karara Wholesale Plus Australian Share managed fund is BTA0554AU.

Ironbark Karara Wholesale Plus Australian Share’s total return last month was 1.07%. This was made up of a growth return of -3.03% and an income return of 4.1%. These returns were calculated as at 31 Jul 2018.

Ironbark Karara Wholesale Plus Australian Share’s total return for the last three months was 4.57%. This was made up of a growth return of -0.88% and an income return of 5.45%%. These returns were calculated as at 31 Jul 2018.

Ironbark Karara Wholesale Plus Australian Share’s one-year total return is 13.94%. This was made up of a growth return of 6.44% and an income return of 7.5%. These returns were calculated as at 31 Jul 2018.

Ironbark Karara Wholesale Plus Australian Share’s one-year total return is 6.77%. This was made up of a growth return of 1.99% and an income return of 4.78%. These returns were calculated as at 31 Jul 2018.

The asset allocation of the Ironbark Karara Wholesale Plus Australian Share managed fund is :

Australian Equities
99.25%
Cash
0.75%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Ironbark Karara Wholesale Plus Australian Share managed fund is BT Funds Management Ltd.

The Ironbark Karara Wholesale Plus Australian Share managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Jul 2018, the size of the Ironbark Karara Wholesale Plus Australian Share managed fund was $3.62 million.

The Ironbark Karara Wholesale Plus Australian Share managed fund has an inception date of 3 Nov 2014.

The current entry price of the Ironbark Karara Wholesale Plus Australian Share managed fund is $1.0933 per unit and the current exit price is $1.0878 per unit (as at 3 Aug 2018).

The current exit price of the Ironbark Karara Wholesale Plus Australian Share managed fund is $1.0878 per unit and the current entry price is $1.0933 per unit (as at 3 Aug 2018).

The minimum initial investment amount for the Ironbark Karara Wholesale Plus Australian Share managed fund is $0. Minimum additional investment is $0.

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.