General Information

Altair Income Fund (Wholesale)
Altair Assets Ltd
Equity Australia Large Blend
starstarstarstar (as at 30 Apr 2017)
Investment Fund
20 Feb 2014
$7.62 million (as at 31 Mar 2017)
$1.066 (as at 18 May 2017)
$1.0606 (as at 18 May 2017)

Fund performance (30 Apr 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 1.72 7.94 12.13 13.45 5.04 7.77 - -
Growth return 1.72 7.35 10.9 8.98 0.35 2.54 - -
Income return 0 0.59 1.23 4.47 4.69 5.23 - -

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

Total return -0.01 -2.59 3.97 7.33 4.82 5.11 10.88 3.83

Asset Allocation (30 Apr 2017)

Australian Equities 98.47%
International Equities 0%
Cash 1.53%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The Fund primarily aims to provide dividend income that exceeds the dividend yield of the S&P/ASX200 Accumulation Index (the 'Benchmark') (grossed up for franking credits) over rolling 5 year periods, and provide capital growth over the long term. The Fund also aims to outperform the Benchmark, after fees and costs and before tax, over rolling 5 year periods.
The Fund aims to be fully invested in Australian shares, but may hold up to 20% in cash/cash equivalent investments. The Fund invests primarily in Australian shares within the S&P/ASX 200 Index, with a focus on high quality companies that have the potential to deliver a stable, tax-effective recurring income stream.

Offer information

Indirect Cost Ratio (ICR) 1.34% (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 Type % of Portfolio
Commonwealth Bank of Australia Equity 12.40%
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