General Information

Armytage Australian Equity Income
Equity Trustees Ltd
ETL0148AU
Equity Australia Derivative Income
starstarstarstar (as at 31 Aug 2010)
Investment Fund
13 Jul 2007
$27.68 million (as at 28 Feb 2017)
$0.8086 (as at 23 Mar 2017)
$0.8046 (as at 23 Mar 2017)

Fund performance (28 Feb 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 1.82 3.34 3.23 17.49 2.76 6.06 10.63 -
Growth return 1.82 2.07 0.67 9.47 -4.18 -0.87 2.64 -
Income return 0 1.27 2.56 8.02 6.94 6.93 7.99 -

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

Total return 2.25 5.88 7.22 22.13 2.65 6.47 10.64 4.32

Asset Allocation (28 Feb 2017)

Australian Equities 87.17%
International Equities 0%
Cash 7.71%
Property 5.12%
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 Dec 2016)

Holding Type % of Portfolio
Commonwealth Bank of Australia Equity 11.75%
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* Dates for historical returns vary from fund to fund