Dual Momentum - Managed Fund

Fund Performance Comparison

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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.

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 -4.33 -4.79 -2.02 -6.63 6.49 1.95 10.51 -
Growth return -4.33 -4.79 -2.02 -7.33 -0.15 -2.82 5.59 -
Income return 0 0 0 0.7 6.64 4.77 4.92 -
Market index (MSCI World Small Cap NR AUD)
Total return 1.95 3.15 6.48 1.47 10.11 12.3 12.71 12.82
As as 31 May 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Dual Momentum
International Equities
100%
Australian Equities
0%
Cash
0%
Property
0%
Average Allocation of Peers
International Equities
92.75%
Australian Equities
0.66%
Cash
2.80%
Property
3.80%

General Information

Fund Details
Type Description
Dual Momentum (Wholesale)
Closed
Theta Asset Management Limited
MMC0003AU
Equity World Mid/Small
starstar (as at 30 Apr 2019)
Investment Fund
1 Jul 2013
$7.22 million (as at 31 May 2019)
$1.397 (as at 31 May 2019)
$1.39 (as at 31 May 2019)
Fund Objective
The return objective is to provide outperformance (net of fees and expenses) over the benchmark over rolling 3 year periods.
Fund Strategy
Equities listed on the Australian Securities Exchange ('ASX') outside the S&P/ASX20 and some cash. The Meme Australian Share Fund uses a robust and back-tested quantitative strategy to identify investment opportunities expected to provide both positive price appreciation and relative price outperformance over the medium to long term.
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.70% (as at 30 Jun 2017)
Minimum initial investment $50,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 31 May 2019)

Holding (as at 31 May 2019) Type % of Portfolio
Emera Inc Equity 4.32%
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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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Underperforming
81%^

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.39%
Intelligent Investor Equity Growth 9.87%
InvestSMART High Growth 9.27%
Intelligent Investor Equity Income 9.06%
InvestSMART Diversified Property and Infrastructure 8.48%
InvestSMART Growth 8.47%
Intelligent Investor Australian Small Companies Fund 7.27%
InvestSMART Balanced 6.86%
InvestSMART Conservative 5.33%
InvestSMART Hybrid Income 5.27%
InvestSMART Interest Income 3.75%