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Accountants Combined Diversifed Fund - Managed Fund (Closed)

Fund Objective
The Accountants Combined Diversified Fund's investment objective is to achieve returns net of fees in excess of inflation 5% over rolling 5 year periods, with low risk of failing to meet this return objective or experiencing significant losses during challenging market environments.
Fund Strategy
The Accountants Combined Diversified Fund's cornerstone investment principle is that through a combination of greater portfolio diversification, rigorous selection of specialist investment managers and a sophisticated risk management program, we are able to design a portfolio which not only has significantly lower risk characteristics as compared to a traditional balanced portfolio, but also one with a higher expected return.

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% 2.93% 4.23% 8.83% 7.72% 5.97% 7.28% -%
Growth return 0.91% 2.93% 4.23% -% 7.72% 5.97% 7.28% -%
Income return 0% 0% 0% -% 0% 0% 0% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 1% 1.93% 3.79% 4.06% 4.13% 3.03% 2.16%
As at 30 Sep 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
19.22%
Australian Equities
4.80%
International Equities
2.78%
Cash
55.81%
Property & Infrastructure
1.92%
Fixed Interest
15.47%

General Information

Fund Details
Type Description
Accountants Combined Diversifed Fund (Wholesale)
Closed
Equity Trustees Ltd
ETL5086AU
Alternative - Multistrategy
Not Rated
Investment Fund
1 Oct 2017
$0.04 million (as at 31 Dec 2018)
$1.4484 (as at 30 Sep 2024)
$1.4477 (as at 30 Sep 2024)
Suppressed
Offer information
Type Description
MER 4.59% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 4.59% (as at 30 Jun 2018)
Minimum initial investment $250,000
Minimum additional investments $25,000
Minimum redemption amount $50,000
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FAQs about the Accountants Combined Diversifed Fund

The objective of the Accountants Combined Diversifed Fund managed fund is The Accountants Combined Diversified Fund's investment objective is to achieve returns net of fees in excess of inflation +5% over rolling 5 year periods, with low risk of failing to meet this return objective or experiencing significant losses during challenging market environments.

The strategy of the Accountants Combined Diversifed Fund managed fund is The Accountants Combined Diversified Fund's cornerstone investment principle is that through a combination of greater portfolio diversification, rigorous selection of specialist investment managers and a sophisticated risk management program, we are able to design a portfolio which not only has significantly lower risk characteristics as compared to a traditional balanced portfolio, but also one with a higher expected return.

The APIR code of the Accountants Combined Diversifed Fund managed fund is ETL5086AU.

Accountants Combined Diversifed Fund’s total return last month was 0.91%. This was made up of a growth return of 0.91% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

Accountants Combined Diversifed Fund’s total return for the last three months was 2.93%. This was made up of a growth return of 2.93% and an income return of 0%%. These returns were calculated as at 30 Sep 2024.

Accountants Combined Diversifed Fund’s one-year total return is 8.83%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2024.

Accountants Combined Diversifed Fund’s one-year total return is 5.97%. This was made up of a growth return of 5.97% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

The asset allocation of the Accountants Combined Diversifed Fund managed fund is :

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

The Responsible Entity for the Accountants Combined Diversifed Fund managed fund is Equity Trustees Ltd.

The Accountants Combined Diversifed Fund managed fund belongs to the Alternative - Multistrategy sector/asset class.

As at 31 Dec 2018, the size of the Accountants Combined Diversifed Fund managed fund was $0.04 million.

The Accountants Combined Diversifed Fund managed fund has an inception date of 1 Oct 2017.

The current entry price of the Accountants Combined Diversifed Fund managed fund is $1.4484 per unit and the current exit price is $1.4477 per unit (as at 30 Sep 2024).

The current exit price of the Accountants Combined Diversifed Fund managed fund is $1.4477 per unit and the current entry price is $1.4484 per unit (as at 30 Sep 2024).

The minimum initial investment amount for the Accountants Combined Diversifed Fund managed fund is $250,000. Minimum additional investment is $25000.

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.