General Information

Bennelong Kardinia Absolute Return
Bennelong Funds Management Ltd
BFL0010AU
Alternative Strategies
Not Rated
Investment Fund
11 Apr 2012
$340.29 million (as at 31 Jan 2017)
$1.20379 (as at 28 Mar 2017)
$1.19898 (as at 28 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 0.26 1.85 -0.59 3.35 1.87 4.1 - -
Growth return 0.26 1.48 -0.96 2.97 0.79 2.08 - -
Income return 0 0.37 0.37 0.38 1.08 2.02 - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.13 0.44 0.87 1.9 2.06 2.26 2.6 3.92

Asset Allocation (28 Feb 2017)

Australian Equities 53.94%
International Equities 0%
Cash 46.06%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The Fund aims to achieve returns in excess of 10% per annum over the long term, with an overarching philosophy of capital protection.
The Fund is a unit trust targeting absolute returns. In order to achieve the risk/return objectives of the Fund, a variety of strategies are employed in a portfolio of Australian and New Zealand listed equities, derivatives and cash.

Offer information

Indirect Cost Ratio (ICR) 3.05% (as at 30 Jun 2016)
Performance fee 1.44
Minimum initial investment $20,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

Top 10 holdings (as at 28 Feb 2017)

Holding Type % of Portfolio
National Australia Bank Ltd Equity 18.32%
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* Dates for historical returns vary from fund to fund