General Information

Alphinity WS Concentrated Aust Share
Fidante Partners Limited
HOW0026AU
Equity Australia Large Blend
starstarstar (as at 31 Aug 2013)
Neutral
Not Rated
Managed Funds
1 Nov 2004
$13.11 million (as at 31 Jan 2017)
$1.186 (as at 23 Feb 2017)
$1.1812 (as at 23 Feb 2017)

Fund performance (31 Jan 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 -0.9 7.57 5.44 18.39 7.79 9.72 13.37 1.87
Growth return -0.9 6.41 3.48 15.05 4.39 6.27 9.5 -2.18
Income return 0 1.16 1.96 3.34 3.4 3.45 3.87 4.05

Morningstar index (Mstar PG ITr Equity Aus Large Bld Idx)

Total return -0.88 5.79 2.54 14 3.99 6.23 9.56 3.52

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

Total return -0.79 6.65 3.23 17.34 4.95 7.4 10.57 4.26

Asset Allocation (31 Jan 2017)

Australian Equities 98.12%
International Equities 0%
Cash 1.88%
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 Dec 2016)

Holding Type % of Portfolio
National Australia Bank Ltd Equity 10.95%
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* Dates for historical returns vary from fund to fund