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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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	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	2.74%	2.65%	17.3%	22.76%	17.42%	12.08%	7.49%	9.51%

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 & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 91.90%

Cash: 3.84%

International Equities: 3.32%

Property & Infrastructure: 0.21%

Fixed Interest: 0%

Alternatives: 0.71%

General Information

Fund Details

Type	Description
Fund Name	Bennelong Avoca Emerging Leaders
Fund Status	Closed
Responsible Entity	Bennelong Funds Management Ltd
APIR Code	BFL0008AU
Sector/Asset Class	Equity Australia Mid/Small Blend
Morningstar Rating	(as at 28 Feb 2019)
Legal Structure	Investment Fund
Fund Inception	30 Jun 2011
Fund Size	$9.78 million (as at 28 Feb 2019)
Entry Price	$0.9302 (as at 26 Mar 2019)
Exit Price	$0.9247 (as at 26 Mar 2019)
Fund Status	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

What is the objective of the Bennelong Avoca Emerging Leaders managed fund?

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.

What is the strategy for the Bennelong Avoca Emerging Leaders managed fund?

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.

What is the APIR code of the Bennelong Avoca Emerging Leaders managed fund?

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

What was Bennelong Avoca Emerging Leaders’s total return last month?

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.

What was Bennelong Avoca Emerging Leaders’s total return for the last three months?

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.

What is Bennelong Avoca Emerging Leaders’s one-year total return?

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.

What is Bennelong Avoca Emerging Leaders’s three-year total return?

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.

What is the asset allocation of the Bennelong Avoca Emerging Leaders managed fund?

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

Australian Equities: 99.32%

Cash: 0.68%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Bennelong Avoca Emerging Leaders managed fund?

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

What sector/asset class does the Bennelong Avoca Emerging Leaders managed fund belong to?

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

What is the size of the Bennelong Avoca Emerging Leaders managed fund?

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

What is the inception date of the Bennelong Avoca Emerging Leaders managed fund?

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

What is the current entry price of the Bennelong Avoca Emerging Leaders managed fund?

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).

What is the current exit price of the Bennelong Avoca Emerging Leaders managed fund?

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).

What is the minimum investment amount for the Bennelong Avoca Emerging Leaders managed fund?

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.

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