InvestSMART

CAI Australian Share Fund - Managed Fund

Fund Objective
The Fund has been designed to provide total return of 2% p.a. in excess of the S&P/ASX 300 Accumulation Index over a rolling 3-year period net of fees.
Fund Strategy
The Fund will utilise a long only strategy through implementing a machine learning based quantitative investment process which primarily invests in listed Australian equities.

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 -2.71% -2.24% -3.82% -1.26% -0.85% 8.16% 3.74% 5.55%
Growth return -2.71% -2.24% -6.19% -11.06% -8.58% 1.66% -1.49% 1.38%
Income return 0% 0% 2.37% 9.8% 7.73% 6.5% 5.23% 4.17%
Market index (S&P/ASX 200 TR AUD)
Total return -0.78% 4.71% 14.66% 10.56% 16.03% 15.17% 12.98% 10.11%
As at 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

CAI Australian Share Fund
Australian Equities
99.25%
Cash
0.75%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.38%
Cash
-0.73%
International Equities
5.10%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
CAI Australian Share Fund
Ironbark Asset Mgmt (Fund Services) Ltd
PAT0001AU
Equity Australia Large Blend
star (as at 31 May 2023)
Investment Fund
30 Jun 2005
$6.57 million (as at 22 Jun 2023)
$1.5551 (as at 22 Jun 2023)
$1.5551 (as at 22 Jun 2023)
Finalised
Offer information
Type Description
MER 0.78% (as at 1 Apr 2021)
Indirect Cost Ratio (ICR) 0.78% (as at 30 Jun 2021)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Oct 2022)

Holding (as at 31 Oct 2022) Type % of Portfolio
CSL Ltd Equity 10.76%
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FAQs about the CAI Australian Share Fund

The objective of the CAI Australian Share Fund managed fund is The Fund has been designed to provide total return of 2% p.a. in excess of the S&P/ASX 300 Accumulation Index over a rolling 3-year period net of fees.

The strategy of the CAI Australian Share Fund managed fund is The Fund will utilise a long only strategy through implementing a machine learning based quantitative investment process which primarily invests in listed Australian equities.

The APIR code of the CAI Australian Share Fund managed fund is PAT0001AU.

CAI Australian Share Fund’s total return last month was -2.71%. This was made up of a growth return of -2.71% and an income return of 0%. These returns were calculated as at 31 May 2023.

CAI Australian Share Fund’s total return for the last three months was -2.24%. This was made up of a growth return of -2.24% and an income return of 0%%. These returns were calculated as at 31 May 2023.

CAI Australian Share Fund’s one-year total return is -1.26%. This was made up of a growth return of -11.06% and an income return of 9.8%. These returns were calculated as at 31 May 2023.

CAI Australian Share Fund’s one-year total return is 8.16%. This was made up of a growth return of 1.66% and an income return of 6.5%. These returns were calculated as at 31 May 2023.

The asset allocation of the CAI Australian Share Fund managed fund is :

Australian Equities
99.25%
Cash
0.75%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the CAI Australian Share Fund managed fund is Ironbark Asset Mgmt (Fund Services) Ltd.

The CAI Australian Share Fund managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 22 Jun 2023, the size of the CAI Australian Share Fund managed fund was $6.57 million.

The CAI Australian Share Fund managed fund has an inception date of 30 Jun 2005.

The current entry price of the CAI Australian Share Fund managed fund is $1.5551 per unit and the current exit price is $1.5551 per unit (as at 22 Jun 2023).

The current exit price of the CAI Australian Share Fund managed fund is $1.5551 per unit and the current entry price is $1.5551 per unit (as at 22 Jun 2023).

The minimum initial investment amount for the CAI Australian Share Fund 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.