General Information

Alphinity WS Concentrated Aust Share
Fidante Partners Limited
Equity Australia Large Blend
starstarstar (as at 30 Jun 2017)
Investment Fund
1 Nov 2004
$12.74 million (as at 30 Jun 2017)
$1.1998 (as at 26 Jul 2017)
$1.195 (as at 26 Jul 2017)

Fund performance (30 Jun 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 0.26 -0.55 3.47 17.75 10.46 8.86 14.31 1.4
Growth return -0.42 -1.22 2.72 14.73 7.18 5.54 10.54 -1.81
Income return 0.68 0.67 0.75 3.02 3.28 3.32 3.77 3.21

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

Total return 0.17 -1.58 3.16 14.09 7.11 6.63 11.81 3.61

Asset Allocation (30 Jun 2017)

Australian Equities 98.24%
International Equities 0%
Cash 1.76%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The objective of the Fund is to outperform the benchmark S&P/ASX 200 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) 1.46% (as at 30 Jun 2016)
Performance fee 0.5567
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 May 2017)

Holding Type % of Portfolio
National Australia Bank Ltd Equity 9.76%
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