Affluence Investment Fund - Managed Fund

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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 -0.32 2.94 4.32 2.1 5.97 6.07 - -
Growth return -0.75 1.61 1.63 -3.11 0 -0.18 - -
Income return 0.43 1.33 2.69 5.21 5.97 6.25 - -
As as 31 Aug 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Affluence Investment Fund
Australian Equities
45.53%
International Equities
11.98%
Cash
6.46%
Property
11.27%
Fixed Interest
5.31%
Alternatives
19.46%

General Information

Fund Details
Type Description
Affluence Investment Fund
Affluence Funds Management Pty Ltd
AFX0001AU
starstarstarstar (as at 31 Aug 2019)
Unknown
28 Nov 2014
$18.12 million (as at 31 Aug 2019)
$1.0713 (as at 31 Aug 2019)
$1.066 (as at 31 Aug 2019)
Fund Objective
The Fund also aims to deliver volatility of returns which is less than 50% of the ASX200 Index, measured over rolling 3 year periods.
Fund Strategy
AFM seeks to find the best investment managers. The managers then invest with them in a way which we believe balances maximum returns with low volatility. The Funds' investment philosophy is based on six key beliefs.
Offer information
Type Description
Minimum initial investment $20,000
Minimum additional investments $1,000.00

Top 10 holdings (as at 30 Sep 2016)

Holding (as at 30 Sep 2016) Type % of Portfolio
Affluence Corp Equity 23.99%
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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 cannot 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.

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Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.25%
InvestSMART High Growth 9.13%
Intelligent Investor Equity Growth 8.98%
InvestSMART Diversified Property and Infrastructure 8.67%
Intelligent Investor Equity Income 8.64%
InvestSMART Growth 8.42%
InvestSMART Balanced 6.84%
InvestSMART Conservative 5.41%
InvestSMART Hybrid Income 5.37%
Intelligent Investor Australian Small Companies Fund 5.27%
InvestSMART Interest Income 3.90%