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  5. FQ Global Alternative Return Fund - Managed fund profile

FQ Global Alternative Return Fund - Managed Fund (Closed)

Fund Objective
The Fund seeks to outperform its benchmark over rolling 3 year periods by investing in MSCI developed market currencies that meet FQ's investment criteria and have deviated from their long term value.
Fund Strategy
The Fund seeks to achieve its objective by investing in a portfolio of instruments including, but not limited to: currency spot transactions, currency forward transactions, currency futures and options on currencies. These instruments are derivatives. The Fund also uses short term cash and cash equivalent instruments. The majority of currency transactions are in OTC instruments.

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 0.38% 1.05% 1.53% -9% -3.17% 2.7% -% -%
Growth return 0.38% 1.05% 1.53% -9% -6.22% 0.54% -% -%
Income return 0% 0% 0% 0% 3.05% 2.16% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.36% 1.07% 2.15% 4.21% 3.33% 2.23% 1.56% 1.82%
As at 30 Nov 2018. 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
19.95%
Australian Equities
5.98%
International Equities
9.98%
Cash
46.42%
Property
2.07%
Fixed Interest
15.60%

General Information

Fund Details
Type Description
FQ Global Alternative Return Fund
Closed
Perpetual Trust Services Limited
PER0730AU
Alternative - Other
Not Rated
Investment Fund
24 Oct 2014
$4.36 million (as at 30 Nov 2018)
$0.892 (as at 30 Nov 2018)
$0.8916 (as at 30 Nov 2018)
Finalised
Offer information
Type Description
Minimum initial investment $25,000
Minimum additional investments $5,000.00

FAQs about the FQ Global Alternative Return Fund

The objective of the FQ Global Alternative Return Fund managed fund is The Fund seeks to outperform its benchmark over rolling 3 year periods by investing in MSCI developed market currencies that meet FQ's investment criteria and have deviated from their long term value.

The strategy of the FQ Global Alternative Return Fund managed fund is The Fund seeks to achieve its objective by investing in a portfolio of instruments including, but not limited to: currency spot transactions, currency forward transactions, currency futures and options on currencies. These instruments are derivatives. The Fund also uses short term cash and cash equivalent instruments. The majority of currency transactions are in OTC instruments.

The APIR code of the FQ Global Alternative Return Fund managed fund is PER0730AU.

FQ Global Alternative Return Fund’s total return last month was 0.38%. This was made up of a growth return of 0.38% and an income return of 0%. These returns were calculated as at 30 Nov 2018.

FQ Global Alternative Return Fund’s total return for the last three months was 1.05%. This was made up of a growth return of 1.05% and an income return of 0%%. These returns were calculated as at 30 Nov 2018.

FQ Global Alternative Return Fund’s one-year total return is -9%. This was made up of a growth return of -9% and an income return of 0%. These returns were calculated as at 30 Nov 2018.

FQ Global Alternative Return Fund’s one-year total return is 2.7%. This was made up of a growth return of 0.54% and an income return of 2.16%. These returns were calculated as at 30 Nov 2018.

The asset allocation of the FQ Global Alternative Return Fund managed fund is :

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

The Responsible Entity for the FQ Global Alternative Return Fund managed fund is Perpetual Trust Services Limited.

The FQ Global Alternative Return Fund managed fund belongs to the Alternative - Other sector/asset class.

As at 30 Nov 2018, the size of the FQ Global Alternative Return Fund managed fund was $4.36 million.

The FQ Global Alternative Return Fund managed fund has an inception date of 24 Oct 2014.

The current entry price of the FQ Global Alternative Return Fund managed fund is $0.892 per unit and the current exit price is $0.8916 per unit (as at 30 Nov 2018).

The current exit price of the FQ Global Alternative Return Fund managed fund is $0.8916 per unit and the current entry price is $0.892 per unit (as at 30 Nov 2018).

The minimum initial investment amount for the FQ Global Alternative Return Fund managed fund is $25,000. 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.