General Information

Bennelong Kardinia Absolute Return
Bennelong Funds Management Ltd
BFL0010AU
Alternative Strategies
Not Rated
Investment Fund
11 Apr 2012
$334.46 million (as at 30 Apr 2017)
$1.2158 (as at 25 May 2017)
$1.21094 (as at 25 May 2017)

Fund performance (30 Apr 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 0.9 2.22 3.47 4.49 2.59 4.74 7.06 -
Growth return 0.9 2.22 3.09 4.11 1.49 2.67 3.88 -
Income return 0 0 0.38 0.38 1.1 2.07 3.18 -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.14 0.43 0.88 1.82 2.02 2.21 2.51 3.84

Asset Allocation (30 Apr 2017)

Australian Equities 60.32%
International Equities 0%
Cash 39.68%
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 30 Apr 2017)

Holding Type % of Portfolio
Australia and New Zealand Banking Group Ltd Equity 15.26%
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