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Ellerston Global Macro Fund - A - Managed Fund (Closed)

Fund Objective
The Fund aims to provide an annualised return of 5% (after fees and expenses) above the RBA Cash Rate over rolling three year periods. The Fund's targeted volatility is 6% over rolling three year periods.
Fund Strategy
The Fund aims to generate positive returns over a range of market conditions. The Fund aims to achieve its objective by implementing a strategy which focuses on a number of fundamentally derived core themes optimised via trade execution and portfolio construction. The Fund invests in a portfolio of fixed interest, foreign exchange, equity and commodities.

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.
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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 -0.25% 2.32% 1.42% -0.37% -0.18% -% -% -%
Growth return -0.25% 2.32% 1.42% -0.37% -0.24% -% -% -%
Income return 0% 0% 0% 0% 0.06% -% -% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 0.67% 3.34% 8.26% 9.04% 12.12% 10.82% 6.61% 6.51%
As at 31 Jul 2019. 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
7.55%
Australian Equities
16.31%
International Equities
28.23%
Cash
7.84%
Property & Infrastructure
3.81%
Fixed Interest
36.26%

General Information

Fund Details
Type Description
Ellerston Global Macro Fund - A
Closed
Ellerston Capital Limited
ECL6698AU
Multisector Flexible
Not Rated
Investment Fund
1 Jul 2017
$10.58 million (as at 31 Jul 2019)
$0.992 (as at 31 Jul 2019)
$0.987 (as at 31 Jul 2019)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1% (as at 30 Jun 2018)
Minimum initial investment $25,000
Minimum additional investments $10,000.00
Minimum redemption amount $5,000.00

FAQs about the Ellerston Global Macro Fund - A

The objective of the Ellerston Global Macro Fund - A managed fund is The Fund aims to provide an annualised return of 5% (after fees and expenses) above the RBA Cash Rate over rolling three year periods. The Fund's targeted volatility is 6% over rolling three year periods.

The strategy of the Ellerston Global Macro Fund - A managed fund is The Fund aims to generate positive returns over a range of market conditions. The Fund aims to achieve its objective by implementing a strategy which focuses on a number of fundamentally derived core themes optimised via trade execution and portfolio construction. The Fund invests in a portfolio of fixed interest, foreign exchange, equity and commodities.

The APIR code of the Ellerston Global Macro Fund - A managed fund is ECL6698AU.

Ellerston Global Macro Fund - A’s total return last month was -0.25%. This was made up of a growth return of -0.25% and an income return of 0%. These returns were calculated as at 31 Jul 2019.

Ellerston Global Macro Fund - A’s total return for the last three months was 2.32%. This was made up of a growth return of 2.32% and an income return of 0%%. These returns were calculated as at 31 Jul 2019.

Ellerston Global Macro Fund - A’s one-year total return is -0.37%. This was made up of a growth return of -0.37% and an income return of 0%. These returns were calculated as at 31 Jul 2019.

Ellerston Global Macro Fund - A’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jul 2019.

The asset allocation of the Ellerston Global Macro Fund - A managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Ellerston Global Macro Fund - A managed fund is Ellerston Capital Limited.

The Ellerston Global Macro Fund - A managed fund belongs to the Multisector Flexible sector/asset class.

As at 31 Jul 2019, the size of the Ellerston Global Macro Fund - A managed fund was $10.58 million.

The Ellerston Global Macro Fund - A managed fund has an inception date of 1 Jul 2017.

The current entry price of the Ellerston Global Macro Fund - A managed fund is $0.992 per unit and the current exit price is $0.987 per unit (as at 31 Jul 2019).

The current exit price of the Ellerston Global Macro Fund - A managed fund is $0.987 per unit and the current entry price is $0.992 per unit (as at 31 Jul 2019).

The minimum initial investment amount for the Ellerston Global Macro Fund - A managed fund is $25,000. Minimum additional investment is $10000.

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.