Altair Advantage Fund - Managed Fund

Fund Performance Comparison

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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.

Fees Comparison

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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.

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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 3.28 4.8 9.24 25.98 11.7 12.66 9.9 8.5
As as 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
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
92.75%
Cash
3.01%
International Equities
0.89%
Property
3.25%
Fixed Interest
0.05%
Alternatives
0.05%

General Information

Fund Details
Type Description
Altair Advantage Fund (Wholesale)
Closed
Altair Assets Ltd
PAR0004AU
Equity Australia Large Blend
starstarstarstar (as at 30 Apr 2017)
Investment Fund
3 Mar 2014
$4.08 million (as at 31 Mar 2017)
$1.0686 (as at 18 May 2017)
$1.0632 (as at 18 May 2017)
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.
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 11.37%
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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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 12.09%
Intelligent Investor Equity Growth 10.27%
InvestSMART High Growth 9.68%
Intelligent Investor Australian Small Companies Fund 8.88%
Intelligent Investor Equity Income 8.78%
InvestSMART Growth 8.70%
InvestSMART Diversified Property and Infrastructure 8.59%
InvestSMART Balanced 7.00%
InvestSMART Conservative 5.40%
InvestSMART Hybrid Income 4.30%
InvestSMART Interest Income 3.56%