Bridgewater Pure Alpha Australia - Managed Fund (Closed)

Fund Objective

A Pure Alpha strategy is one where the fund manager uses a wide range of investment strategies to target positive absolute returns irrespective of current global market conditions.

Fund Strategy

Seeks to achieve substantial capital appreciation over a 5 to 7 year period from a wide range of asset classes using moderate amounts of risk. It will be hedged to the Australian dollar.

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.

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Fees Comparison

% p.a.

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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	0.33%	1.44%	-1.73%	-4.92%	0.09%	1.52%	2.66%	8.4%
Growth return	0.33%	1.44%	-1.73%	-4.92%	-2.56%	-5.47%	-2.94%	-0.27%
Income return	0%	0%	0%	0%	2.65%	6.99%	5.6%	8.67%
Market index (RBA Bank accepted Bills 90 Days)
Total return	0.3%	0.91%	1.91%	4.09%	4.22%	4%	2.52%	2.06%

As at 30 Sep 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Alternatives: 22.40%

Australian Equities: 3.94%

International Equities: 6.69%

Cash: 44.85%

Property & Infrastructure: 1.44%

Fixed Interest: 20.69%

General Information

Fund Details

Type	Description
Fund Name	Bridgewater Pure Alpha Australia (Wholesale)
Fund Status	Closed
Responsible Entity	Bell Asset Management Limited
APIR Code	BPF0004AU
Sector/Asset Class	Alternative - Other
Morningstar Rating	(as at 31 Jul 2014)
Legal Structure	Investment Fund
Fund Inception	4 Feb 2005
Fund Size	$93.2 million (as at 30 Sep 2016)
Entry Price	n/a
Exit Price	$0.9237 (as at 30 Sep 2016)
Fund Status	Suppressed

Offer information

Type	Description
MER	2% (as at 31 Mar 2005)
Indirect Cost Ratio (ICR)	2.17% (as at 30 Jun 2016)
Performance fee (not included in ICR)	0
Minimum initial investment	$10,000,000

FAQs about the Bridgewater Pure Alpha Australia

What is the objective of the Bridgewater Pure Alpha Australia managed fund?

The objective of the Bridgewater Pure Alpha Australia managed fund is A Pure Alpha strategy is one where the fund manager uses a wide range of investment strategies to target positive absolute returns irrespective of current global market conditions.

What is the strategy for the Bridgewater Pure Alpha Australia managed fund?

The strategy of the Bridgewater Pure Alpha Australia managed fund is Seeks to achieve substantial capital appreciation over a 5 to 7 year period from a wide range of asset classes using moderate amounts of risk. It will be hedged to the Australian dollar.

What is the APIR code of the Bridgewater Pure Alpha Australia managed fund?

The APIR code of the Bridgewater Pure Alpha Australia managed fund is BPF0004AU.

What was Bridgewater Pure Alpha Australia’s total return last month?

Bridgewater Pure Alpha Australia’s total return last month was 0.33%. This was made up of a growth return of 0.33% and an income return of 0%. These returns were calculated as at 30 Sep 2016.

What was Bridgewater Pure Alpha Australia’s total return for the last three months?

Bridgewater Pure Alpha Australia’s total return for the last three months was 1.44%. This was made up of a growth return of 1.44% and an income return of 0%%. These returns were calculated as at 30 Sep 2016.

What is Bridgewater Pure Alpha Australia’s one-year total return?

Bridgewater Pure Alpha Australia’s one-year total return is -4.92%. This was made up of a growth return of -4.92% and an income return of 0%. These returns were calculated as at 30 Sep 2016.

What is Bridgewater Pure Alpha Australia’s three-year total return?

Bridgewater Pure Alpha Australia’s one-year total return is 1.52%. This was made up of a growth return of -5.47% and an income return of 6.99%. These returns were calculated as at 30 Sep 2016.

What is the asset allocation of the Bridgewater Pure Alpha Australia managed fund?

The asset allocation of the Bridgewater Pure Alpha Australia managed fund is :

Alternatives: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Who is the responsible Entity of the Bridgewater Pure Alpha Australia managed fund?

The Responsible Entity for the Bridgewater Pure Alpha Australia managed fund is Bell Asset Management Limited.

What sector/asset class does the Bridgewater Pure Alpha Australia managed fund belong to?

The Bridgewater Pure Alpha Australia managed fund belongs to the Alternative - Other sector/asset class.

What is the size of the Bridgewater Pure Alpha Australia managed fund?

As at 30 Sep 2016, the size of the Bridgewater Pure Alpha Australia managed fund was $93.2 million.

What is the inception date of the Bridgewater Pure Alpha Australia managed fund?

The Bridgewater Pure Alpha Australia managed fund has an inception date of 4 Feb 2005.

What is the current entry price of the Bridgewater Pure Alpha Australia managed fund?

The current entry price of the Bridgewater Pure Alpha Australia managed fund is $ per unit and the current exit price is $0.9237 per unit (as at 30 Sep 2016).

What is the current exit price of the Bridgewater Pure Alpha Australia managed fund?

The current exit price of the Bridgewater Pure Alpha Australia managed fund is $0.9237 per unit and the current entry price is $ per unit (as at 30 Sep 2016).

What is the minimum investment amount for the Bridgewater Pure Alpha Australia managed fund?

The minimum initial investment amount for the Bridgewater Pure Alpha Australia managed fund is $10,000,000.

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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