General Information

Affluence LIC Fund
Affluence Funds Management Pty Ltd
AFX6930AU
Alternative Strategies ? Diversified
Not Rated
Investment Fund
3 May 2016
$3.48 million (as at 31 Oct 2017)
$1.11355 (as at 30 Sep 2017)
$1.11135 (as at 30 Sep 2017)

Fund performance (30 Sep 2017)

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 0.68 1.5 3.69 8.15 - - - -
Growth return -0.56 0.25 -2.28 1.92 - - - -
Income return 1.24 1.25 5.97 6.23 - - - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.14 0.43 0.86 1.74 1.91 2.05 2.33 3.59
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Fund Performance Comparison

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Asset Allocation (30 Sep 2017)

Australian Equities 0%
International Equities 0%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 100%
Asset Allocation

Objectives and Strategy

The Fund aims to provide you with: A total annualised return (distributions plus increase in unit price) after all fees and costs in excess of the ASX 200 Index over rolling 3 year periods. Access to a diversified portfolio of predominantly equity based investments. Volatility of returns which is significantly less than the ASX 200 Index, measured over rolling 3 year periods. A minimum distribution yield of 5% per annum, paid quarterly.
The Fund seeks to invest in 20 to 35 LICs. The Fund invest in a way which the advisor believes balances maximum returns with low volatility. The Fund aims to invest in LICs that meet one or more of the following criteria: Alpha Generators - LICs that can outperform the market. Discount Capture - LICs trading at attractive discounts to NTA. Event Driven - special situations such as IPO's, capital raisings and other corporate activities.

Offer information

Minimum initial investment $20,000
Minimum additional investments $1,000.00

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