Avenir Global - Managed Fund (Closed)

Fund Objective

To generate superior risk-adjusted investment returns over the medium to long-term by investing through a concentrated portfolio of global equity securities. Investment return obj

Fund Strategy

To generate superior risk-adjusted investment returns over the medium to long-term by investing through a concentrated portfolio of global equity securities. Investment return obj

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-9.53%	-5.88%	5.07%	25.52%	7.09%	5.69%	-%	-%
Growth return	-2.59%	-5.88%	5.07%	25.52%	6.88%	4.3%	-%	-%
Income return	-6.94%	0%	0%	0%	0.21%	1.39%	-%	-%
Market index (MSCI World Ex Australia NR AUD)
Total return	-2.51%	-6.22%	-3.83%	8.14%	10.17%	16.04%	12.71%	13.19%

As at 31 Jul 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Avenir Global

International Equities: 92.39%

Cash: 7.61%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

International Equities: 91.07%

Cash: 1.79%

Australian Equities: 6.64%

Property & Infrastructure: 0.21%

Fixed Interest: -0.01%

Alternatives: 0.29%

General Information

Fund Details

Type	Description
Fund Name	Avenir Global
Fund Status	Closed
Responsible Entity	Fidante Partners Limited
APIR Code	HOW9187AU
Sector/Asset Class	Equity World Large Value
Morningstar Rating	(as at 31 Jul 2021)
Legal Structure	Investment Fund
Fund Inception	25 Aug 2017
Fund Size	$5.83 million (as at 30 Jun 2021)
Entry Price	$1.3379 (as at 3 Aug 2021)
Exit Price	$1.3313 (as at 3 Aug 2021)
Fund Status	Finalised

Offer information

Type	Description
MER	1.22% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR)	1.20% (as at 30 Jun 2020)
Performance fee (not included in ICR)	0
Minimum initial investment	$10,000.00
Minimum additional investments	$1,000.00

Top 10 holdings (as at 30 Jun 2021)

Holding (as at 30 Jun 2021)	Type	% of Portfolio
ECN Capital Corp	Equity	7.60%
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FAQs about the Avenir Global

What is the objective of the Avenir Global managed fund?

The objective of the Avenir Global managed fund is To generate superior risk-adjusted investment returns over the medium to long-term by investing through a concentrated portfolio of global equity securities. Investment return obj

What is the strategy for the Avenir Global managed fund?

The strategy of the Avenir Global managed fund is To generate superior risk-adjusted investment returns over the medium to long-term by investing through a concentrated portfolio of global equity securities. Investment return obj

What is the APIR code of the Avenir Global managed fund?

The APIR code of the Avenir Global managed fund is HOW9187AU.

What was Avenir Global’s total return last month?

Avenir Global’s total return last month was -9.53%. This was made up of a growth return of -2.59% and an income return of -6.94%. These returns were calculated as at 31 Jul 2021.

What was Avenir Global’s total return for the last three months?

Avenir Global’s total return for the last three months was -5.88%. This was made up of a growth return of -5.88% and an income return of 0%%. These returns were calculated as at 31 Jul 2021.

What is Avenir Global’s one-year total return?

Avenir Global’s one-year total return is 25.52%. This was made up of a growth return of 25.52% and an income return of 0%. These returns were calculated as at 31 Jul 2021.

What is Avenir Global’s three-year total return?

Avenir Global’s one-year total return is 5.69%. This was made up of a growth return of 4.3% and an income return of 1.39%. These returns were calculated as at 31 Jul 2021.

What is the asset allocation of the Avenir Global managed fund?

The asset allocation of the Avenir Global managed fund is :

International Equities: 92.39%

Cash: 7.61%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Avenir Global managed fund?

The Responsible Entity for the Avenir Global managed fund is Fidante Partners Limited.

What sector/asset class does the Avenir Global managed fund belong to?

The Avenir Global managed fund belongs to the Equity World Large Value sector/asset class.

What is the size of the Avenir Global managed fund?

As at 30 Jun 2021, the size of the Avenir Global managed fund was $5.83 million.

What is the inception date of the Avenir Global managed fund?

The Avenir Global managed fund has an inception date of 25 Aug 2017.

What is the current entry price of the Avenir Global managed fund?

The current entry price of the Avenir Global managed fund is $1.3379 per unit and the current exit price is $1.3313 per unit (as at 3 Aug 2021).

What is the current exit price of the Avenir Global managed fund?

The current exit price of the Avenir Global managed fund is $1.3313 per unit and the current entry price is $1.3379 per unit (as at 3 Aug 2021).

What is the minimum investment amount for the Avenir Global managed fund?

The minimum initial investment amount for the Avenir Global managed fund is $10,000. Minimum additional investment is $1000.

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.

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