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  5. Fauchier Partners Absolute Equity Trust - Managed fund profile

Fauchier Partners Absolute Equity Trust - Managed Fund (Closed)

Fund Objective
Hedge funds can generate risk-adjusted absolute returns superior to those of conventional investment approaches. This is because they have a significantly wider variety of techniques at their disposal and the format attracts the most talented managers, whose interests are aligned with their investors'. A well-constructed portfolio of hedge funds is the most compelling means of getting exposure to the area as it diversifies risk without necessar

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 3.21% 5.79% 9.59% 19.45% 8.4% 8.27% -% -%
Growth return 3.21% 5.79% 9.59% 19.45% 8.4% 8.27% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
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 31 Jul 2013. 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
3.95%
International Equities
6.74%
Cash
44.79%
Property & Infrastructure
1.44%
Fixed Interest
20.69%

General Information

Fund Details
Type Description
Fauchier Partners Absolute Equity Trust (Wholesale)
Closed
Equity Trustees Ltd
ETL0143AU
Alternative - Other
Not Rated
Investment Fund
28 Aug 2007
$66.51 million (as at 31 Jul 2013)
$1.2816 (as at 31 Jul 2013)
$1.2816 (as at 31 Jul 2013)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.20% (as at 30 Jun 2013) (Estimated)
Minimum initial investment $500,000
Minimum additional investments

FAQs about the Fauchier Partners Absolute Equity Trust

The objective of the Fauchier Partners Absolute Equity Trust managed fund is Hedge funds can generate risk-adjusted absolute returns superior to those of conventional investment approaches. This is because they have a significantly wider variety of techniques at their disposal and the format attracts the most talented managers, whose interests are aligned with their investors'. A well-constructed portfolio of hedge funds is the most compelling means of getting exposure to the area as it diversifies risk without necessar

The strategy of the Fauchier Partners Absolute Equity Trust managed fund is

The APIR code of the Fauchier Partners Absolute Equity Trust managed fund is ETL0143AU.

Fauchier Partners Absolute Equity Trust’s total return last month was 3.21%. This was made up of a growth return of 3.21% and an income return of 0%. These returns were calculated as at 31 Jul 2013.

Fauchier Partners Absolute Equity Trust’s total return for the last three months was 5.79%. This was made up of a growth return of 5.79% and an income return of 0%%. These returns were calculated as at 31 Jul 2013.

Fauchier Partners Absolute Equity Trust’s one-year total return is 19.45%. This was made up of a growth return of 19.45% and an income return of 0%. These returns were calculated as at 31 Jul 2013.

Fauchier Partners Absolute Equity Trust’s one-year total return is 8.27%. This was made up of a growth return of 8.27% and an income return of 0%. These returns were calculated as at 31 Jul 2013.

The asset allocation of the Fauchier Partners Absolute Equity Trust managed fund is :

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

The Responsible Entity for the Fauchier Partners Absolute Equity Trust managed fund is Equity Trustees Ltd.

The Fauchier Partners Absolute Equity Trust managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Jul 2013, the size of the Fauchier Partners Absolute Equity Trust managed fund was $66.51 million.

The Fauchier Partners Absolute Equity Trust managed fund has an inception date of 28 Aug 2007.

The current entry price of the Fauchier Partners Absolute Equity Trust managed fund is $1.2816 per unit and the current exit price is $1.2816 per unit (as at 31 Jul 2013).

The current exit price of the Fauchier Partners Absolute Equity Trust managed fund is $1.2816 per unit and the current entry price is $1.2816 per unit (as at 31 Jul 2013).

The minimum initial investment amount for the Fauchier Partners Absolute Equity Trust managed fund is $500,000. Minimum additional investment is $0.

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.