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  5. DNR Capital Australian Equities High Conviction R - Managed fund profile

DNR Capital Australian Equities High Conviction R - Managed Fund

Fund Objective
The Fund's investment objective is to invest in a high conviction portfolio of Australian equities that aims to outperform the Benchmark by 4% p.a. (before fees) over a rolling three-year period. The investment objective is not a forecast of the Fund's performance.
Fund Strategy
DNR Capital seeks to identify good quality businesses that are mispriced by overlaying DNR Capital's quality filter, referred to as the 'quality web', with a strong valuation discipline. DNR Capital's security selection process has a strong bottomup discipline and focuses on buying quality businesses at reasonable prices. The portfolio construction process is influenced by a top-down economic appraisal and also considers the risk characteristics of the portfolio such as security and sector correlations.

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 1.76% 2.49% 10.48% 11.61% 6.04% 11.2% 11.53% -%
Growth return 1.76% 2.49% 9.08% 8.28% -0.41% 5.36% 6.95% -%
Income return 0% 0% 1.4% 3.33% 6.45% 5.84% 4.58% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

DNR Capital Australian Equities High Conviction R
Australian Equities
89.02%
Cash
4.71%
Property
6.27%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.67%
Cash
0.84%
Property
2.92%
International Equities
4.05%
Fixed Interest
0.46%
Alternatives
0.06%

General Information

Fund Details
Type Description
DNR Capital Australian Equities High Conviction R
The Trust Company (RE Services) Limited
PIM0028AU
Equity Australia Large Blend
starstarstarstar (as at 31 Mar 2024)
Investment Fund
11 Jun 2015
$1471.98 million (as at 12 Apr 2024)
$1.7397 (as at 12 Apr 2024)
$1.7327 (as at 12 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.90% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
CSL Ltd Equity 10.71%
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FAQs about the DNR Capital Australian Equities High Conviction R

The objective of the DNR Capital Australian Equities High Conviction R managed fund is The Fund's investment objective is to invest in a high conviction portfolio of Australian equities that aims to outperform the Benchmark by 4% p.a. (before fees) over a rolling three-year period. The investment objective is not a forecast of the Fund's performance.

The strategy of the DNR Capital Australian Equities High Conviction R managed fund is DNR Capital seeks to identify good quality businesses that are mispriced by overlaying DNR Capital's quality filter, referred to as the 'quality web', with a strong valuation discipline. DNR Capital's security selection process has a strong bottomup discipline and focuses on buying quality businesses at reasonable prices. The portfolio construction process is influenced by a top-down economic appraisal and also considers the risk characteristics of the portfolio such as security and sector correlations.

The APIR code of the DNR Capital Australian Equities High Conviction R managed fund is PIM0028AU.

DNR Capital Australian Equities High Conviction R’s total return last month was 1.76%. This was made up of a growth return of 1.76% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

DNR Capital Australian Equities High Conviction R’s total return for the last three months was 2.49%. This was made up of a growth return of 2.49% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

DNR Capital Australian Equities High Conviction R’s one-year total return is 11.61%. This was made up of a growth return of 8.28% and an income return of 3.33%. These returns were calculated as at 31 Mar 2024.

DNR Capital Australian Equities High Conviction R’s one-year total return is 11.2%. This was made up of a growth return of 5.36% and an income return of 5.84%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the DNR Capital Australian Equities High Conviction R managed fund is :

Australian Equities
89.02%
Cash
4.71%
Property
6.27%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the DNR Capital Australian Equities High Conviction R managed fund is The Trust Company (RE Services) Limited.

The DNR Capital Australian Equities High Conviction R managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 12 Apr 2024, the size of the DNR Capital Australian Equities High Conviction R managed fund was $1471.98 million.

The DNR Capital Australian Equities High Conviction R managed fund has an inception date of 11 Jun 2015.

The current entry price of the DNR Capital Australian Equities High Conviction R managed fund is $1.7397 per unit and the current exit price is $1.7327 per unit (as at 12 Apr 2024).

The current exit price of the DNR Capital Australian Equities High Conviction R managed fund is $1.7327 per unit and the current entry price is $1.7397 per unit (as at 12 Apr 2024).

The minimum initial investment amount for the DNR Capital Australian Equities High Conviction R managed fund is $20,000. Minimum additional investment is $5000.

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.