Affluence Small Company Ordinary - Managed Fund

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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

{{ fund.fees * 100 | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.

Don't let high fees kill your returns

The {{ modelPortfolio.name }} portfolio has fair and transparent fees to help you keep more money in your pocket.

View our Fund

Don't let high fees kill your returns

Build a diversified portfolio to match your needs with our range of low cost investment options.

View our funds

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 4.27 2.51 5.74 -3.25 1.25 2.95 - -
Growth return 4.27 -2.75 0.31 -8.22 -3.51 -0.74 - -
Income return 0 5.26 5.43 4.97 4.76 3.69 - -
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 4.51 4.15 15.65 7.61 14.85 9.27 9.18 5.86
As as 31 Jul 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Affluence Small Company Ordinary
Australian Equities
100%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
92.52%
International Equities
0.19%
Cash
5.96%
Property
1.31%
Fixed Interest
0.02%
Alternatives
0%

General Information

Fund Details
Type Description
Affluence Small Company Ordinary
Affluence Funds Management Pty Ltd
AFX0240AU
Equity Australia Mid/Small Value
Not Rated
Investment Fund
21 Apr 2016
$0.22 million (as at 31 Jul 2019)
$0.9705 (as at 31 Jul 2019)
$0.9637 (as at 31 Jul 2019)
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 provides access to a portfolio of Underlying Managers who primarily invest in ASX Small Companies through unlisted managed funds. In addition to ASX Small Companies, the portfolio includes an allocation to the Affluence LIC Fund, which is managed by AFM. The Fund is also likely to have some exposure through unlisted managed funds to other ASX listed securities and global companies. The Underlying Managers use a range of different investment styles and investment strategies.
Offer information
Type Description
Minimum initial investment $20,000
Minimum additional investments $1,000.00

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.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

Compare your fund
Underperforming
76%*

Underperform the industry standard benchmarks

Compare your fund

*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
InvestSMART International Equities 11.58%
InvestSMART High Growth 9.53%
Intelligent Investor Equity Growth 9.44%
Intelligent Investor Equity Income 8.84%
InvestSMART Growth 8.66%
InvestSMART Diversified Property and Infrastructure 8.58%
InvestSMART Balanced 6.97%
Intelligent Investor Australian Small Companies Fund 6.34%
InvestSMART Hybrid Income 5.56%
InvestSMART Conservative 5.43%
InvestSMART Interest Income 3.63%

* Returns p.a. since inception after investment & admin fees

Want to track how your managed fund is performing every month?