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  5. Bennelong Avoca Emerging Leaders - Managed fund profile

Bennelong Avoca Emerging Leaders - Managed Fund (Closed)

Fund Objective
The Fund aims to provide investors with a total return (after fees and expenses) in excess of the S&P/ASX Small Ordinaries Accumulation Index of 3-5% per annum, measured over rolling five-year periods.
Fund Strategy
The companies within the portfolio will be selected primarily from, but not limited to, the S&P/ASX 300 Index excluding the top 50 companies by market capitalisation within that index. Not more than 30% of the portfolio can be held in companies outside the S&P/ASX 300 Index and at least 50% of the portfolio must be held in companies within the S&P/ASX Small Ordinaries Index. The Fund may also invest in securities expected to be listed on the ASX within 6 months.

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 6.07% 7.18% -7.78% -3.03% 5.27% 8.35% 5.27% -%
Growth return 6.07% 5.44% -9.27% -11.53% -4.42% -1.46% -1.42% -%
Income return 0% 1.74% 1.49% 8.5% 9.69% 9.81% 6.69% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return -3.06% 3.33% 19.66% 7.36% -1.39% 0.02% 3.93% 6.49%
As at 28 Feb 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Bennelong Avoca Emerging Leaders
Australian Equities
99.32%
Cash
0.68%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
90.93%
Cash
4.42%
International Equities
2.43%
Property
1.94%
Fixed Interest
0.25%
Alternatives
0.03%

General Information

Fund Details
Type Description
Bennelong Avoca Emerging Leaders
Closed
Bennelong Funds Management Ltd
BFL0008AU
Equity Australia Mid/Small Blend
starstar (as at 28 Feb 2019)
Investment Fund
30 Jun 2011
$9.78 million (as at 28 Feb 2019)
$0.9302 (as at 26 Mar 2019)
$0.9247 (as at 26 Mar 2019)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.30% (as at 30 Jun 2018)
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 28 Feb 2019)

Holding (as at 28 Feb 2019) Type % of Portfolio
Seven Group Holdings Ltd Equity 7.82%
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FAQs about the Bennelong Avoca Emerging Leaders

The objective of the Bennelong Avoca Emerging Leaders managed fund is The Fund aims to provide investors with a total return (after fees and expenses) in excess of the S&P/ASX Small Ordinaries Accumulation Index of 3-5% per annum, measured over rolling five-year periods.

The strategy of the Bennelong Avoca Emerging Leaders managed fund is The companies within the portfolio will be selected primarily from, but not limited to, the S&P/ASX 300 Index excluding the top 50 companies by market capitalisation within that index. Not more than 30% of the portfolio can be held in companies outside the S&P/ASX 300 Index and at least 50% of the portfolio must be held in companies within the S&P/ASX Small Ordinaries Index. The Fund may also invest in securities expected to be listed on the ASX within 6 months.

The APIR code of the Bennelong Avoca Emerging Leaders managed fund is BFL0008AU.

Bennelong Avoca Emerging Leaders’s total return last month was 6.07%. This was made up of a growth return of 6.07% and an income return of 0%. These returns were calculated as at 28 Feb 2019.

Bennelong Avoca Emerging Leaders’s total return for the last three months was 7.18%. This was made up of a growth return of 5.44% and an income return of 1.74%%. These returns were calculated as at 28 Feb 2019.

Bennelong Avoca Emerging Leaders’s one-year total return is -3.03%. This was made up of a growth return of -11.53% and an income return of 8.5%. These returns were calculated as at 28 Feb 2019.

Bennelong Avoca Emerging Leaders’s one-year total return is 8.35%. This was made up of a growth return of -1.46% and an income return of 9.81%. These returns were calculated as at 28 Feb 2019.

The asset allocation of the Bennelong Avoca Emerging Leaders managed fund is :

Australian Equities
99.32%
Cash
0.68%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Bennelong Avoca Emerging Leaders managed fund is Bennelong Funds Management Ltd.

The Bennelong Avoca Emerging Leaders managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 28 Feb 2019, the size of the Bennelong Avoca Emerging Leaders managed fund was $9.78 million.

The Bennelong Avoca Emerging Leaders managed fund has an inception date of 30 Jun 2011.

The current entry price of the Bennelong Avoca Emerging Leaders managed fund is $0.9302 per unit and the current exit price is $0.9247 per unit (as at 26 Mar 2019).

The current exit price of the Bennelong Avoca Emerging Leaders managed fund is $0.9247 per unit and the current entry price is $0.9302 per unit (as at 26 Mar 2019).

The minimum initial investment amount for the Bennelong Avoca Emerging Leaders managed fund is $20,000. 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.