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Baker Steel Gold - Managed Fund

Fund Objective
Over rolling 5 year periods to: provide capital growth by investing in a portfolio consisting principally of globally listed gold and precious metal equities and their related instruments, and outperform the FTSE1 Gold Mines Index expressed 50% in USD and 50% in AUD and after fees and expenses.
Fund Strategy
This is a professionally managed specialist investment fund which principally invests into the BAKERSTEEL Global Funds SICAV - Precious Metals Fund. Actively managed by Baker Steel, the Precious Metals Fund is a long only gold and precious metals fund with a portfolio of globally listed gold and precious metals equities, with a small to mid-cap focus. The core of the strategy is to invest in good value precious metal equities using a bottom-up approach. The Precious Metals Fund is diversified by country.

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 17.48% -2.54% 13.16% -6.77% -4.77% 1.12% 8.56% 11.04%
Growth return 20.24% -0.24% 15.82% -4.58% -3.66% 1.9% 9.07% 11.3%
Income return -2.76% -2.3% -2.66% -2.19% -1.11% -0.78% -0.51% -0.26%
Market index (Morningstar Long-Only Commodity TR AUD)
Total return 7.31% 15.54% 26.62% 41.74% 1.8% 2.09% 3.54% -1.44%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Baker Steel Gold
International Equities
100%
Cash
0%
Alternatives
0%
Average Allocation of Peers
International Equities
11.11%
Cash
2.28%
Alternatives
86.61%

General Information

Fund Details
Type Description
Baker Steel Gold
Equity Trustees Ltd
SLT0006AU
Commodities & Precious Metals
Not Rated
Investment Fund
27 Oct 2003
$12.49 million (as at 30 Apr 2018)
$1.3794 (as at 12 Apr 2024)
$1.3726 (as at 12 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.82% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

FAQs about the Baker Steel Gold

The objective of the Baker Steel Gold managed fund is Over rolling 5 year periods to: provide capital growth by investing in a portfolio consisting principally of globally listed gold and precious metal equities and their related instruments, and outperform the FTSE1 Gold Mines Index expressed 50% in USD and 50% in AUD and after fees and expenses.

The strategy of the Baker Steel Gold managed fund is This is a professionally managed specialist investment fund which principally invests into the BAKERSTEEL Global Funds SICAV - Precious Metals Fund. Actively managed by Baker Steel, the Precious Metals Fund is a long only gold and precious metals fund with a portfolio of globally listed gold and precious metals equities, with a small to mid-cap focus. The core of the strategy is to invest in good value precious metal equities using a bottom-up approach. The Precious Metals Fund is diversified by country.

The APIR code of the Baker Steel Gold managed fund is SLT0006AU.

Baker Steel Gold’s total return last month was 17.48%. This was made up of a growth return of 20.24% and an income return of -2.76%. These returns were calculated as at 31 Mar 2024.

Baker Steel Gold’s total return for the last three months was -2.54%. This was made up of a growth return of -0.24% and an income return of -2.3%%. These returns were calculated as at 31 Mar 2024.

Baker Steel Gold’s one-year total return is -6.77%. This was made up of a growth return of -4.58% and an income return of -2.19%. These returns were calculated as at 31 Mar 2024.

Baker Steel Gold’s one-year total return is 1.12%. This was made up of a growth return of 1.9% and an income return of -0.78%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Baker Steel Gold managed fund is :

International Equities
100%
Cash
0%
Alternatives
0%

The Responsible Entity for the Baker Steel Gold managed fund is Equity Trustees Ltd.

The Baker Steel Gold managed fund belongs to the Commodities & Precious Metals sector/asset class.

As at 30 Apr 2018, the size of the Baker Steel Gold managed fund was $12.49 million.

The Baker Steel Gold managed fund has an inception date of 27 Oct 2003.

The current entry price of the Baker Steel Gold managed fund is $1.3794 per unit and the current exit price is $1.3726 per unit (as at 12 Apr 2024).

The current exit price of the Baker Steel Gold managed fund is $1.3726 per unit and the current entry price is $1.3794 per unit (as at 12 Apr 2024).

The minimum initial investment amount for the Baker Steel Gold managed fund is $25,000. 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.