General Information

Armytage Australian Equity Income
Equity Trustees Ltd
ETL0148AU
Equity Australia Derivative Income
starstarstarstar (as at 31 Aug 2017)
Investment Fund
13 Jul 2007
$27.34 million (as at 31 Aug 2017)
$0.7942 (as at 21 Sep 2017)
$0.7902 (as at 21 Sep 2017)

Fund performance (31 Aug 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 1.01 1.96 3.71 7.06 10.16 4.94 10.1 4.72
Growth return 1.01 -1.18 -0.7 -0.04 2.68 -2.1 2.47 -2.89
Income return 0 3.14 4.41 7.1 7.48 7.04 7.63 7.61

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

Total return 0.71 0.87 2.4 9.79 9.55 5.13 10.56 3.65
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Fund Performance Comparison

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Asset Allocation (31 Aug 2017)

Australian Equities 90.84%
International Equities 0%
Cash 5.71%
Property 3.45%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The Fund is managed with a view to offering investors long-term capital growth potential and a regular quarterly income stream, from a portfolio of large-capitalisation investments that Armytage considers to be of high quality and good value. The Fund's performance objective is to deliver a long-term return to investors that is in excess of the S&P/ASX 100 Accumulation Index.
Armytage's Value based investment style incorporates a bottom-up proprietary business valuation investment approach supplemented by top-down thematic overlays to identify the highest quality alpha opportunities in its investment universe. This approach allows Armytage to construct a portfolio of stocks providing relative-value over the investment time horizon.

Offer information

Indirect Cost Ratio (ICR) 0.97% (as at 30 Jun 2014)
Minimum initial investment $15,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Jul 2017)

Holding Type % of Portfolio
Commonwealth Bank of Australia Equity 11.91%
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