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  5. Antipodes Advantage Global Share Fund - Managed fund profile

Antipodes Advantage Global Share Fund - Managed Fund (Closed)

Fund Objective
The aim of the Fund is to achieve absolute returns in excess of the MSCI All Country World Net Index in AUD over the investment cycle (typically 3-5 years).
Fund Strategy
The Fund typically invests in a select number of attractively valued companies listed on global share markets (usually a minimum of 30 long holdings). The Fund may use derivatives predominantly to establish short positions in securities or market indices and thus reduce the Fund's net exposure to markets, and to hedge currencies. Derivatives may also be used to amplify high conviction ideas. In the absence of finding individual securities that meet Antipodes' investment criteria, cash may be held.

Fund Performance Comparison

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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 -0.83% 0.52% -0.22% -2.02% -1.49% -% -% -%
Growth return 1.65% 2.21% -2.69% -5.57% -4.12% -% -% -%
Income return -2.48% -1.69% 2.47% 3.55% 2.63% -% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.02% 14.06% 20.11% 28.72% 15.87% 14.43% -% 13.43%
As at 30 Sep 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Antipodes Advantage Global Share Fund
International Equities
70.58%
Cash
29.42%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
92.31%
Cash
3.56%
Australian Equities
2.34%
Property
1.76%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
Antipodes Advantage Global Share Fund
Closed
AMP Capital Funds Management Ltd
AMP9989AU
Equity World Large Blend
Not Rated
Investment Fund
15 Jan 2018
$0.02 million (as at 30 Nov 2018)
$0.92878 (as at 25 Nov 2020)
$0.92323 (as at 25 Nov 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.94% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $500.00

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Merck & Co Inc Equity 3.68%
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FAQs about the Antipodes Advantage Global Share Fund

The objective of the Antipodes Advantage Global Share Fund managed fund is The aim of the Fund is to achieve absolute returns in excess of the MSCI All Country World Net Index in AUD over the investment cycle (typically 3-5 years).

The strategy of the Antipodes Advantage Global Share Fund managed fund is The Fund typically invests in a select number of attractively valued companies listed on global share markets (usually a minimum of 30 long holdings). The Fund may use derivatives predominantly to establish short positions in securities or market indices and thus reduce the Fund's net exposure to markets, and to hedge currencies. Derivatives may also be used to amplify high conviction ideas. In the absence of finding individual securities that meet Antipodes' investment criteria, cash may be held.

The APIR code of the Antipodes Advantage Global Share Fund managed fund is AMP9989AU.

Antipodes Advantage Global Share Fund’s total return last month was -0.83%. This was made up of a growth return of 1.65% and an income return of -2.48%. These returns were calculated as at 30 Sep 2020.

Antipodes Advantage Global Share Fund’s total return for the last three months was 0.52%. This was made up of a growth return of 2.21% and an income return of -1.69%%. These returns were calculated as at 30 Sep 2020.

Antipodes Advantage Global Share Fund’s one-year total return is -2.02%. This was made up of a growth return of -5.57% and an income return of 3.55%. These returns were calculated as at 30 Sep 2020.

Antipodes Advantage Global Share Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2020.

The asset allocation of the Antipodes Advantage Global Share Fund managed fund is :

International Equities
70.58%
Cash
29.42%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Antipodes Advantage Global Share Fund managed fund is AMP Capital Funds Management Ltd.

The Antipodes Advantage Global Share Fund managed fund belongs to the Equity World Large Blend sector/asset class.

As at 30 Nov 2018, the size of the Antipodes Advantage Global Share Fund managed fund was $0.02 million.

The Antipodes Advantage Global Share Fund managed fund has an inception date of 15 Jan 2018.

The current entry price of the Antipodes Advantage Global Share Fund managed fund is $0.92878 per unit and the current exit price is $0.92323 per unit (as at 25 Nov 2020).

The current exit price of the Antipodes Advantage Global Share Fund managed fund is $0.92323 per unit and the current entry price is $0.92878 per unit (as at 25 Nov 2020).

The minimum initial investment amount for the Antipodes Advantage Global Share Fund managed fund is $500,000. Minimum additional investment is $500.

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.