Altair Advantage Fund - Managed Fund (Closed)

Fund Objective

The Fund aims to outperform the S&P/ASX200 Accumulation Index, after fees and costs and before tax, over rolling three year periods, and provide capital growth over the medium to long term.

Fund Strategy

The Fund invests in a small number of shares (15-35) primarily within the S&P/ASX 200 Index that are undervalued and possess capital growth opportunities. Investors have convenient access to their investment information with regular reporting, including half-yearly income distribution statements and annual tax statements.

Fund Performance Comparison

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Peers

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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.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.18%	5.23%	9.77%	14.19%	6.59%	7.78%	-%	-%
Growth return	1.18%	5.23%	8.15%	9.07%	0.8%	2.36%	-%	-%
Income return	0%	0%	1.62%	5.12%	5.79%	5.42%	-%	-%
Market index (S&P/ASX 200 TR AUD)
Total return	3.1%	7.03%	11.65%	14.74%	14.82%	13.04%	12.32%	9.87%

As at 30 Apr 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Altair Advantage Fund

Australian Equities: 97.89%

Cash: 2.11%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 93.73%

Cash: -0.80%

International Equities: 4.83%

Property & Infrastructure: 1.41%

Fixed Interest: 0.26%

Alternatives: 0.58%

General Information

Fund Details

Type	Description
Fund Name	Altair Advantage Fund (Wholesale)
Fund Status	Closed
Responsible Entity	Altair Assets Ltd
APIR Code	PAR0004AU
Sector/Asset Class	Equity Australia Large Blend
Morningstar Rating	(as at 30 Apr 2017)
Legal Structure	Investment Fund
Fund Inception	3 Mar 2014
Fund Size	$4.08 million (as at 31 Mar 2017)
Entry Price	$1.0686 (as at 18 May 2017)
Exit Price	$1.0632 (as at 18 May 2017)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	1.26% (as at 30 Jun 2016)
Minimum initial investment	$50,000
Minimum additional investments	$5,000.00
Minimum redemption amount	$5,000.00

Top 10 holdings (as at 31 Mar 2017)

Holding (as at 31 Mar 2017)	Type	% of Portfolio
National Australia Bank Ltd	Equity	11.13%
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FAQs about the Altair Advantage Fund

What is the objective of the Altair Advantage Fund managed fund?

The objective of the Altair Advantage Fund managed fund is The Fund aims to outperform the S&P/ASX200 Accumulation Index, after fees and costs and before tax, over rolling three year periods, and provide capital growth over the medium to long term.

What is the strategy for the Altair Advantage Fund managed fund?

The strategy of the Altair Advantage Fund managed fund is The Fund invests in a small number of shares (15-35) primarily within the S&P/ASX 200 Index that are undervalued and possess capital growth opportunities. Investors have convenient access to their investment information with regular reporting, including half-yearly income distribution statements and annual tax statements.

What is the APIR code of the Altair Advantage Fund managed fund?

The APIR code of the Altair Advantage Fund managed fund is PAR0004AU.

What was Altair Advantage Fund’s total return last month?

Altair Advantage Fund’s total return last month was 1.18%. This was made up of a growth return of 1.18% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

What was Altair Advantage Fund’s total return for the last three months?

Altair Advantage Fund’s total return for the last three months was 5.23%. This was made up of a growth return of 5.23% and an income return of 0%%. These returns were calculated as at 30 Apr 2017.

What is Altair Advantage Fund’s one-year total return?

Altair Advantage Fund’s one-year total return is 14.19%. This was made up of a growth return of 9.07% and an income return of 5.12%. These returns were calculated as at 30 Apr 2017.

What is Altair Advantage Fund’s three-year total return?

Altair Advantage Fund’s one-year total return is 7.78%. This was made up of a growth return of 2.36% and an income return of 5.42%. These returns were calculated as at 30 Apr 2017.

What is the asset allocation of the Altair Advantage Fund managed fund?

The asset allocation of the Altair Advantage Fund managed fund is :

Australian Equities: 97.89%

Cash: 2.11%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Altair Advantage Fund managed fund?

The Responsible Entity for the Altair Advantage Fund managed fund is Altair Assets Ltd.

What sector/asset class does the Altair Advantage Fund managed fund belong to?

The Altair Advantage Fund managed fund belongs to the Equity Australia Large Blend sector/asset class.

What is the size of the Altair Advantage Fund managed fund?

As at 31 Mar 2017, the size of the Altair Advantage Fund managed fund was $4.08 million.

What is the inception date of the Altair Advantage Fund managed fund?

The Altair Advantage Fund managed fund has an inception date of 3 Mar 2014.

What is the current entry price of the Altair Advantage Fund managed fund?

The current entry price of the Altair Advantage Fund managed fund is $1.0686 per unit and the current exit price is $1.0632 per unit (as at 18 May 2017).

What is the current exit price of the Altair Advantage Fund managed fund?

The current exit price of the Altair Advantage Fund managed fund is $1.0632 per unit and the current entry price is $1.0686 per unit (as at 18 May 2017).

What is the minimum investment amount for the Altair Advantage Fund managed fund?

The minimum initial investment amount for the Altair Advantage Fund managed fund is $50,000. Minimum additional investment is $5000.

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 can 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.

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