InvestSMART

Affluence Small Company Ordinary - Managed Fund

Fund Objective
The Affluence Small Company Fund aims to provide investors: - Access to a diversified portfolio of predominantly ASX Small Companies. - A total annualised return after all fees and costs in excess of the ASX Small Ordinaries Index over rolling 5 year periods. - A minimum distribution yield of 5% per annum, paid quarterly. - Volatility of returns which is less than the ASX Small Ordinaries Index, measured over rolling 5 year periods.
Fund Strategy
The Fund aims to provide Eligible Investors with access to a portfolio of Small Companies primarily through unlisted managed funds. We define ASX Small Companies as all ASX listed equity securities outside the S&P/ASX 100 Index. The portfolio also includes an allocation to ASX listed investment companies and may have some exposure to other ASX listed securities and global companies. The Underlying Managers use a range of different investment styles and investment strategies.

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 -0.65% 6.62% 1.83% 4.77% 4.85% 9.14% 12.22% -%
Growth return -0.65% 5.26% -0.78% -1.76% -2.45% 0.84% 3.73% -%
Income return 0% 1.36% 2.61% 6.53% 7.3% 8.3% 8.49% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 1.72% 10.05% 6.88% 7.84% -0.37% 1.39% 4.42% 6.07%
As at 31 Jan 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
Australian Equities
91.63%
International Equities
2.26%
Cash
3.94%
Property
2.15%
Alternatives
0.02%

General Information

Fund Details
Type Description
Affluence Small Company Ordinary
Affluence Funds Management Pty Ltd
AFX0240AU
Equity Australia Mid/Small Value
starstarstarstarstar (as at 31 Jan 2024)
Investment Fund
21 Apr 2016
$1.16 million (as at 31 Jan 2024)
$1.162 (as at 31 Jan 2024)
$1.1538 (as at 31 Jan 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.25% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $1,000.00

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Samuel Terry Absolute Return Group A Mutual Fund - Open End 9.33%
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FAQs about the Affluence Small Company Ordinary

The objective of the Affluence Small Company Ordinary managed fund is The Affluence Small Company Fund aims to provide investors: - Access to a diversified portfolio of predominantly ASX Small Companies. - A total annualised return after all fees and costs in excess of the ASX Small Ordinaries Index over rolling 5 year periods. - A minimum distribution yield of 5% per annum, paid quarterly. - Volatility of returns which is less than the ASX Small Ordinaries Index, measured over rolling 5 year periods.

The strategy of the Affluence Small Company Ordinary managed fund is The Fund aims to provide Eligible Investors with access to a portfolio of Small Companies primarily through unlisted managed funds. We define ASX Small Companies as all ASX listed equity securities outside the S&P/ASX 100 Index. The portfolio also includes an allocation to ASX listed investment companies and may have some exposure to other ASX listed securities and global companies. The Underlying Managers use a range of different investment styles and investment strategies.

The APIR code of the Affluence Small Company Ordinary managed fund is AFX0240AU.

Affluence Small Company Ordinary’s total return last month was -0.65%. This was made up of a growth return of -0.65% and an income return of 0%. These returns were calculated as at 31 Jan 2024.

Affluence Small Company Ordinary’s total return for the last three months was 6.62%. This was made up of a growth return of 5.26% and an income return of 1.36%%. These returns were calculated as at 31 Jan 2024.

Affluence Small Company Ordinary’s one-year total return is 4.77%. This was made up of a growth return of -1.76% and an income return of 6.53%. These returns were calculated as at 31 Jan 2024.

Affluence Small Company Ordinary’s one-year total return is 9.14%. This was made up of a growth return of 0.84% and an income return of 8.3%. These returns were calculated as at 31 Jan 2024.

The asset allocation of the Affluence Small Company Ordinary managed fund is :

Australian Equities
100%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Affluence Small Company Ordinary managed fund is Affluence Funds Management Pty Ltd.

The Affluence Small Company Ordinary managed fund belongs to the Equity Australia Mid/Small Value sector/asset class.

As at 31 Jan 2024, the size of the Affluence Small Company Ordinary managed fund was $1.16 million.

The Affluence Small Company Ordinary managed fund has an inception date of 21 Apr 2016.

The current entry price of the Affluence Small Company Ordinary managed fund is $1.162 per unit and the current exit price is $1.1538 per unit (as at 31 Jan 2024).

The current exit price of the Affluence Small Company Ordinary managed fund is $1.1538 per unit and the current entry price is $1.162 per unit (as at 31 Jan 2024).

The minimum initial investment amount for the Affluence Small Company Ordinary managed fund is $20,000. 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.