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  5. Merlon Australian Share Income - Managed fund profile

Merlon Australian Share Income - Managed Fund

Fund Objective
The Fund aims to provide a higher level of tax-effective income with a lower level of risk than the S&P/ASX 200 Accumulation Index, whilst also providing the potential for capital growth and inflation protection over the medium to long term.
Fund Strategy
Merlon's investment approach is to build a portfolio of undervalued companies with high levels of sustainable free cash flow and to then reduce some risk through the use of derivatives. Merlon aims for the Fund to be fully invested in large and mid-cap companies listed on the ASX, which are selected based on Merlon's investment philosophy.

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 1.68% 2.09% 4.86% 16.14% 8.25% 11.12% 6.63% 6.66%
Growth return 1.3% 0.95% 2.55% 10.99% 3.43% 6.19% 1.72% 1.29%
Income return 0.38% 1.14% 2.31% 5.15% 4.82% 4.93% 4.91% 5.37%
Market index (S&P/ASX 200 TR AUD)
Total return 3.79% 5.47% 11.53% 23.42% 11.9% 9.55% 8.28% 9.08%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Merlon Australian Share Income
Australian Equities
97.40%
Cash
2.60%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.64%
Cash
-0.31%
International Equities
4.14%
Property
2.16%
Fixed Interest
0.40%
Alternatives
-0.03%

General Information

Fund Details
Type Description
Merlon Australian Share Income
Fidante Partners Limited
HBC0011AU
Australia Equity Income
starstarstarstar (as at 30 Nov 2024)
Investment Fund
11 Jan 1995
$355.63 million (as at 30 Nov 2024)
$1.2476 (as at 23 Dec 2024)
$1.2426 (as at 23 Dec 2024)
Open
Offer information
Type Description
MER 0.95% (as at 28 Nov 2024)
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $10,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Jul 2023)

Holding (as at 31 Jul 2023) Type % of Portfolio
Insurance Australia Group Ltd Equity 5.60%
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FAQs about the Merlon Australian Share Income

The objective of the Merlon Australian Share Income managed fund is The Fund aims to provide a higher level of tax-effective income with a lower level of risk than the S&P/ASX 200 Accumulation Index, whilst also providing the potential for capital growth and inflation protection over the medium to long term.

The strategy of the Merlon Australian Share Income managed fund is Merlon's investment approach is to build a portfolio of undervalued companies with high levels of sustainable free cash flow and to then reduce some risk through the use of derivatives. Merlon aims for the Fund to be fully invested in large and mid-cap companies listed on the ASX, which are selected based on Merlon's investment philosophy.

The APIR code of the Merlon Australian Share Income managed fund is HBC0011AU.

Merlon Australian Share Income’s total return last month was 1.68%. This was made up of a growth return of 1.3% and an income return of 0.38%. These returns were calculated as at 30 Nov 2024.

Merlon Australian Share Income’s total return for the last three months was 2.09%. This was made up of a growth return of 0.95% and an income return of 1.14%%. These returns were calculated as at 30 Nov 2024.

Merlon Australian Share Income’s one-year total return is 16.14%. This was made up of a growth return of 10.99% and an income return of 5.15%. These returns were calculated as at 30 Nov 2024.

Merlon Australian Share Income’s one-year total return is 11.12%. This was made up of a growth return of 6.19% and an income return of 4.93%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Merlon Australian Share Income managed fund is :

Australian Equities
97.40%
Cash
2.60%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Merlon Australian Share Income managed fund is Fidante Partners Limited.

The Merlon Australian Share Income managed fund belongs to the Australia Equity Income sector/asset class.

As at 30 Nov 2024, the size of the Merlon Australian Share Income managed fund was $355.63 million.

The Merlon Australian Share Income managed fund has an inception date of 11 Jan 1995.

The current entry price of the Merlon Australian Share Income managed fund is $1.2476 per unit and the current exit price is $1.2426 per unit (as at 23 Dec 2024).

The current exit price of the Merlon Australian Share Income managed fund is $1.2426 per unit and the current entry price is $1.2476 per unit (as at 23 Dec 2024).

The minimum initial investment amount for the Merlon Australian Share Income managed fund is $10,000.

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.