Alphinity Australian Share - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

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 2.06 2.78 6.12 13.12 12.55 6.93 9.37 5.61
Growth return 2.06 2.38 4.76 9.35 8.89 3.38 5.72 1.69
Income return 0 0.4 1.36 3.77 3.66 3.55 3.65 3.92

Market index (S&P/ASX 200 TR AUD)

Total return 1.09 1.08 2.81 9.63 10.36 5.94 8.76 5.24

Asset Allocation (31 May 2018)

Australian Equities 96.30%
International Equities 0%
Cash 3.70%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

Alphinity Australian Share
Fidante Partners Limited
Equity Australia Large Blend
starstarstarstar (as at 31 May 2018)
Investment Fund
31 Oct 1994
$141.29 million (as at 31 May 2018)
$3.1937 (as at 20 Jun 2018)
$3.1809 (as at 20 Jun 2018)

Objectives and Strategy

The Fund seeks to outperform the benchmark S&P/ASX 300 Accumulation Index after costs and over rolling five-year periods.
Alphinity believes that a company's earnings growth and expected earnings growth ultimately drives its share price performance and that there is a systematic mispricing of individual shares over the short to medium term due to under-or-over estimation of a company's earnings ability. Alphinity believe that investing in companies with underestimated forward earnings expectations provides superior long term returns as the true earnings potential inevitably becomes apparent to the market.

Offer information

Indirect Cost Ratio (ICR) 0.90% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Mar 2018)

Holding Type % of Portfolio
Commonwealth Bank of Australia Equity 8.67%
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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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