Acadian Wholesale Defensive Income - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -0.13 0.05 1.35 2.23 1.93 1.89 2.56 3.75
Growth return -0.13 -0.56 0.12 -0.1 -0.51 -0.48 -0.18 -0.27
Income return 0 0.61 1.23 2.33 2.44 2.37 2.74 4.02

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.16 0.5 0.93 1.79 1.79 1.93 2.2 3.26

Asset Allocation (31 May 2018)

Australian Equities -0.88%
International Equities 0%
Cash 100.88%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

Acadian Wholesale Defensive Income
Colonial First State Investments Limited
Alternative Strategies
star (as at 31 Mar 2015)
Investment Fund
19 May 2008
$31.11 million (as at 31 May 2018)
$0.982 (as at 18 Jun 2018)
$0.98 (as at 18 Jun 2018)

Objectives and Strategy

To provide returns in excess of the RBA Cash Rate over rolling three-year periods before fees and taxes, with a relatively low degree of volatility. This will be achieved by combining cash and short duration fixed interest investments with long and short Australian equity holdings chosen using Acadian's equity process. Sophisticated portfolio construction techniques will be used to implement this in a way that limits equity market exposure.
The option's strategy is to adopt an active approach to managing a portfolio of money market and fixed income securities along with stocks listed on the Australian Securities Exchange. The option will seek to enhance returns by taking long and short positions in securities generally listed on the Australian Securities Exchange. The long/short structure aims to minimise equity market risk whilst benefiting from franking credits and Acadian's sophisticated analytical models for stock selection.

Offer information

Indirect Cost Ratio (ICR) 0.60% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Jan 2017)

Holding Type % of Portfolio
Orica Ltd Equity 798.12%
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Data shown on this website is sourced by Morningstar
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