General Information

Altair Income Fund (Wholesale)
Altair Assets Ltd
PAR0002AU
Equity Australia Large Blend
Not Rated
n/a
Not Rated
Managed Funds
20 Feb 2014
$3.1 million (as at 31 Jan 2017)
$1.0526 (as at 23 Feb 2017)
$1.0474 (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 -1.78 3.88 -2.45 9.04 3.2 - - -
Growth return -1.78 3.31 -4.29 4.8 -1.8 - - -
Income return 0 0.57 1.84 4.24 5 - - -

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 98.75%
International Equities 0%
Cash 1.25%
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 Jan 2017)

Holding Type % of Portfolio
Commonwealth Bank of Australia Equity 12.53%
Login now to view the complete list of holdings.

Morningstar The data is provided by Morningstar. For further information on managed funds, including Research Reports, please visit www.morningstar.com.au

© Copyright Morningstar Australasia Pty Ltd 2009 ABN 95 090 665 544 (Morningstar), AFSL 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

Further managed funds data is provided by Standard & Poor's Information Services and is subject to the following disclaimers.

* Dates for historical returns vary from fund to fund