AB Global Equities - Managed Fund

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Fund Performance Comparison

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Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

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 -0.52 2.49 3.54 12.85 13.35 - - -
Growth return -0.52 2.49 3.54 12.29 12.54 - - -
Income return 0 0 0 0.56 0.81 - - -

Market index (MSCI World Ex Australia NR AUD)

Total return 0.37 2.58 2.17 9.8 11.55 8.13 14.9 7.92

Asset Allocation (31 May 2018)

Australian Equities 0%
International Equities 99.14%
Cash 0.86%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

AB Global Equities
AllianceBernstein Investment Management
ACM0009AU
Equity World Large Blend
Not Rated
Investment Fund
22 Jul 2015
$103.27 million (as at 18 Jun 2018)
$1.28 (as at 18 Jun 2018)
$1.2736 (as at 18 Jun 2018)

Objectives and Strategy

The Fund aims to achieve returns in excess of the MSCI All Country World Index in Australian dollars, after fees, over the medium to long term.
The Fund aims to achieve its investment objective by investing in equities anywhere in the world including developed, emerging and frontier markets. The Fund will principally be comprised of equity securities of companies considered by the investment manager to offer good prospects for attractive returns relative to general equities markets.

Offer information

Indirect Cost Ratio (ICR) 1.05% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 31 May 2018)

Holding Type % of Portfolio
Anthem Inc Equity 4.57%
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DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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