InvestSMART

Frame Futures Fund - Managed Fund (Closed)

Fund Objective
The investment objective of the Frame Futures Fund is to deliver capital growth over the long-term by seeking out higher reward/risk ratio opportunities throughout all market cycles.
Fund Strategy
The Fund's investment strategy is to invest in globally listed equities, listed index futures, listed commodity futures, foreign currencies and cash products with the aim of delivering strong capital growth over the long-term. Allocations within these assets will be adjusted depending on the market stage and cycle. The Funds investment approach is to maximise reward/risk ratio trades when the market is both rising and falling.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.09% 5.68% -4.92% 10.4% -2.55% 6.13% -1.83% -%
Growth return 4.64% 7.07% -5.98% 11.16% -4.05% 6.33% -1.13% -%
Income return -4.73% -1.39% 1.06% -0.76% 1.5% -0.2% -0.7% -%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return 0.3% 0.89% 1.84% 3.96% 4.14% 3.95% -% -%
As at 31 Jul 2023. 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
47.54%
International Equities
6.71%
Cash
41.12%
Fixed Interest
4.64%

General Information

Fund Details
Type Description
Frame Futures Fund (Wholesale)
Closed
Primary Securities Ltd
MSC0001AU
Alternative - Macro Trading
starstarstarstar (as at 31 Mar 2022)
Investment Fund
1 Apr 2016
$4.22 million (as at 28 Feb 2022)
$0.8776 (as at 31 Jul 2023)
$0.8766 (as at 31 Jul 2023)
Finalised
Offer information
Type Description
MER 1.80% (as at 8 Nov 2023)
Indirect Cost Ratio (ICR) 2.20% (as at 30 Jun 2021)
Performance fee (not included in ICR) Not Available
Minimum initial investment $25,000
Minimum additional investments $25,000
Minimum redemption amount $50,000
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Frame Futures Fund

The objective of the Frame Futures Fund managed fund is The investment objective of the Frame Futures Fund is to deliver capital growth over the long-term by seeking out higher reward/risk ratio opportunities throughout all market cycles.

The strategy of the Frame Futures Fund managed fund is The Fund's investment strategy is to invest in globally listed equities, listed index futures, listed commodity futures, foreign currencies and cash products with the aim of delivering strong capital growth over the long-term. Allocations within these assets will be adjusted depending on the market stage and cycle. The Funds investment approach is to maximise reward/risk ratio trades when the market is both rising and falling.

The APIR code of the Frame Futures Fund managed fund is MSC0001AU.

Frame Futures Fund’s total return last month was -0.09%. This was made up of a growth return of 4.64% and an income return of -4.73%. These returns were calculated as at 31 Jul 2023.

Frame Futures Fund’s total return for the last three months was 5.68%. This was made up of a growth return of 7.07% and an income return of -1.39%%. These returns were calculated as at 31 Jul 2023.

Frame Futures Fund’s one-year total return is 10.4%. This was made up of a growth return of 11.16% and an income return of -0.76%. These returns were calculated as at 31 Jul 2023.

Frame Futures Fund’s one-year total return is 6.13%. This was made up of a growth return of 6.33% and an income return of -0.2%. These returns were calculated as at 31 Jul 2023.

The asset allocation of the Frame Futures Fund managed fund is :

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

The Responsible Entity for the Frame Futures Fund managed fund is Primary Securities Ltd.

The Frame Futures Fund managed fund belongs to the Alternative - Macro Trading sector/asset class.

As at 28 Feb 2022, the size of the Frame Futures Fund managed fund was $4.22 million.

The Frame Futures Fund managed fund has an inception date of 1 Apr 2016.

The current entry price of the Frame Futures Fund managed fund is $0.8776 per unit and the current exit price is $0.8766 per unit (as at 31 Jul 2023).

The current exit price of the Frame Futures Fund managed fund is $0.8766 per unit and the current entry price is $0.8776 per unit (as at 31 Jul 2023).

The minimum initial investment amount for the Frame Futures Fund managed fund is $25,000. Minimum additional investment is $25000.

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.