InvestSMART

Kakariki Carbon Fund 1.0 - Managed Fund (Closed)

Fund Objective
Designed to target strong capital growth and assist in creating a positive environmental outcome.
Fund Strategy
We look to identify assets that are fundamentally undervalued due to the complex nature of the carbon market. We predominantly look to hold assets where we see significant price upside due to supply demand dynamics in the market. A portion of the portfolio is also allocated towards arbitrage and relative value opportunities, taking advantage of dislocations between standardised instruments in the market and their underlying components. While value is our major driver, investing behind our values is our passion.

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 -% -% -0.91% -9.44% -12.19% -% -% -%
Growth return 0% 0% -0.91% -9.44% -12.19% -% -% -%
Income return -% -% 0% 0% 0% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.31% 0.92% 1.82% 3.77% 4.09% 4.08% 2.82% 2.12%
As at 30 Jun 2024. 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
18.70%
Australian Equities
4.75%
International Equities
3.24%
Cash
55.40%
Property & Infrastructure
2%
Fixed Interest
15.92%

General Information

Fund Details
Type Description
Kakariki Carbon Fund 1.0
Closed
KKR3924AU
Miscellaneous
Not Rated
Investment Fund
15 Jan 2022
$11.18 million (as at 30 Jun 2024)
$0.79625 (as at 30 Jun 2024)
$0.78833 (as at 30 Jun 2024)
Suppressed
Offer information
Type Description
MER 1.50% (as at 1 Jan 2024)
Minimum initial investment $250,000
Minimum additional investments $50,000
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FAQs about the Kakariki Carbon Fund 1.0

The objective of the Kakariki Carbon Fund 1.0 managed fund is Designed to target strong capital growth and assist in creating a positive environmental outcome.

The strategy of the Kakariki Carbon Fund 1.0 managed fund is We look to identify assets that are fundamentally undervalued due to the complex nature of the carbon market. We predominantly look to hold assets where we see significant price upside due to supply demand dynamics in the market. A portion of the portfolio is also allocated towards arbitrage and relative value opportunities, taking advantage of dislocations between standardised instruments in the market and their underlying components. While value is our major driver, investing behind our values is our passion.

The APIR code of the Kakariki Carbon Fund 1.0 managed fund is KKR3924AU.

Kakariki Carbon Fund 1.0’s total return last month was -%. This was made up of a growth return of 0% and an income return of -%. These returns were calculated as at 30 Jun 2024.

Kakariki Carbon Fund 1.0’s total return for the last three months was -%. This was made up of a growth return of 0% and an income return of -%%. These returns were calculated as at 30 Jun 2024.

Kakariki Carbon Fund 1.0’s one-year total return is -9.44%. This was made up of a growth return of -9.44% and an income return of 0%. These returns were calculated as at 30 Jun 2024.

Kakariki Carbon Fund 1.0’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the Kakariki Carbon Fund 1.0 managed fund is :

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

The Kakariki Carbon Fund 1.0 managed fund belongs to the Miscellaneous sector/asset class.

As at 30 Jun 2024, the size of the Kakariki Carbon Fund 1.0 managed fund was $11.18 million.

The Kakariki Carbon Fund 1.0 managed fund has an inception date of 15 Jan 2022.

The current entry price of the Kakariki Carbon Fund 1.0 managed fund is $0.79625 per unit and the current exit price is $0.78833 per unit (as at 30 Jun 2024).

The current exit price of the Kakariki Carbon Fund 1.0 managed fund is $0.78833 per unit and the current entry price is $0.79625 per unit (as at 30 Jun 2024).

The minimum initial investment amount for the Kakariki Carbon Fund 1.0 managed fund is $250,000. Minimum additional investment is $50000.

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.