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  5. Greencape High Conviction - Managed fund profile

Greencape High Conviction - Managed Fund

Fund Objective
The Fund aims to outperform its benchmark over rolling three-year periods.
Fund Strategy
The Fund's investment universe is companies and other securities listed on the ASX, or those expected to list within the next six months. The Fund may also invest up to 10% in stocks listed on any international stock exchange. The Fund can invest in listed equity securities or hybrid equity securities such as convertible notes, redeemable preference shares and partly paid shares. Derivatives, such as futures and options, may be used to reduce risk or gain exposure to other types of investments.

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 2.37% 4.43% 15.24% 16.28% 7.35% 9.55% 10.82% 9.59%
Growth return 2% 4.06% 14.3% 9.68% -2% 0.06% 3.41% 1.38%
Income return 0.37% 0.37% 0.94% 6.6% 9.35% 9.49% 7.41% 8.21%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Greencape High Conviction
Australian Equities
90.84%
International Equities
5.28%
Cash
3.88%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.52%
International Equities
4.01%
Cash
0.83%
Property
3.24%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
Greencape High Conviction
Fidante Partners Limited
HOW0035AU
Equity Australia Large Growth
starstarstarstar (as at 31 Mar 2024)
Investment Fund
11 Sep 2006
$807.62 million (as at 31 Mar 2024)
$1.6036 (as at 18 Apr 2024)
$1.5972 (as at 18 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.20% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0.3
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
BHP Group Ltd Equity 11.63%
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FAQs about the Greencape High Conviction

The objective of the Greencape High Conviction managed fund is The Fund aims to outperform its benchmark over rolling three-year periods.

The strategy of the Greencape High Conviction managed fund is The Fund's investment universe is companies and other securities listed on the ASX, or those expected to list within the next six months. The Fund may also invest up to 10% in stocks listed on any international stock exchange. The Fund can invest in listed equity securities or hybrid equity securities such as convertible notes, redeemable preference shares and partly paid shares. Derivatives, such as futures and options, may be used to reduce risk or gain exposure to other types of investments.

The APIR code of the Greencape High Conviction managed fund is HOW0035AU.

Greencape High Conviction’s total return last month was 2.37%. This was made up of a growth return of 2% and an income return of 0.37%. These returns were calculated as at 31 Mar 2024.

Greencape High Conviction’s total return for the last three months was 4.43%. This was made up of a growth return of 4.06% and an income return of 0.37%%. These returns were calculated as at 31 Mar 2024.

Greencape High Conviction’s one-year total return is 16.28%. This was made up of a growth return of 9.68% and an income return of 6.6%. These returns were calculated as at 31 Mar 2024.

Greencape High Conviction’s one-year total return is 9.55%. This was made up of a growth return of 0.06% and an income return of 9.49%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Greencape High Conviction managed fund is :

Australian Equities
90.84%
International Equities
5.28%
Cash
3.88%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Greencape High Conviction managed fund is Fidante Partners Limited.

The Greencape High Conviction managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 31 Mar 2024, the size of the Greencape High Conviction managed fund was $807.62 million.

The Greencape High Conviction managed fund has an inception date of 11 Sep 2006.

The current entry price of the Greencape High Conviction managed fund is $1.6036 per unit and the current exit price is $1.5972 per unit (as at 18 Apr 2024).

The current exit price of the Greencape High Conviction managed fund is $1.5972 per unit and the current entry price is $1.6036 per unit (as at 18 Apr 2024).

The minimum initial investment amount for the Greencape High Conviction managed fund is $10,000. Minimum additional investment is $1000.

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.