InvestSMART

IB RLAM Cncntrtd Global Shares M - Managed Fund

Fund Objective
The Fund seeks to outperform the MSCI World NR (AUD) by 2-3% after fees, over rolling five year periods through investment in a focused selection of equities on a global basis.
Fund Strategy
The Fund adopts a high conviction, long-only stock picking approach that invests in listed shares of 20-45 companies around the globe, which aims to: create shareholder wealth as a result of their intentional management strategy and/or business models, identity stocks that are priced at a significant discount to conservative estimates of cash-based, long-term intrinsic value, and demonstrate a reasonable investment 'margin of safety' in the analysis of the above two attributes.

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 -3.86% 6.99% 18.64% 31.39% 23.85% 20.14% -% -%
Growth return -3.86% 6.99% 18.63% 27.69% 19.37% 15.23% -% -%
Income return 0% 0% 0.01% 3.7% 4.48% 4.91% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return -3.26% 5.56% 17.34% 20.71% 15.81% 12% 12.33% 12.94%
As at 30 Apr 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IB RLAM Cncntrtd Global Shares M
International Equities
98.82%
Cash
1.18%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
91.68%
Cash
3.28%
Australian Equities
2.82%
Property
1.80%
Fixed Interest
0.34%
Alternatives
0.07%

General Information

Fund Details
Type Description
IB RLAM Cncntrtd Global Shares M
Ironbark Asset Mgmt (Fund Services) Ltd
DAM0777AU
Equity World Large Blend
starstarstarstarstar (as at 30 Apr 2024)
Investment Fund
10 Dec 2020
$15.36 million (as at 24 May 2024)
$1.8285 (as at 24 May 2024)
$1.823 (as at 24 May 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.69% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $5,000,000
Minimum additional investments $100,000

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
Microsoft Corp Equity 7.31%
Login now to view the complete list of holdings.

FAQs about the IB RLAM Cncntrtd Global Shares M

The objective of the IB RLAM Cncntrtd Global Shares M managed fund is The Fund seeks to outperform the MSCI World NR (AUD) by 2-3% after fees, over rolling five year periods through investment in a focused selection of equities on a global basis.

The strategy of the IB RLAM Cncntrtd Global Shares M managed fund is The Fund adopts a high conviction, long-only stock picking approach that invests in listed shares of 20-45 companies around the globe, which aims to: create shareholder wealth as a result of their intentional management strategy and/or business models, identity stocks that are priced at a significant discount to conservative estimates of cash-based, long-term intrinsic value, and demonstrate a reasonable investment 'margin of safety' in the analysis of the above two attributes.

The APIR code of the IB RLAM Cncntrtd Global Shares M managed fund is DAM0777AU.

IB RLAM Cncntrtd Global Shares M’s total return last month was -3.86%. This was made up of a growth return of -3.86% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

IB RLAM Cncntrtd Global Shares M’s total return for the last three months was 6.99%. This was made up of a growth return of 6.99% and an income return of 0%%. These returns were calculated as at 30 Apr 2024.

IB RLAM Cncntrtd Global Shares M’s one-year total return is 31.39%. This was made up of a growth return of 27.69% and an income return of 3.7%. These returns were calculated as at 30 Apr 2024.

IB RLAM Cncntrtd Global Shares M’s one-year total return is 20.14%. This was made up of a growth return of 15.23% and an income return of 4.91%. These returns were calculated as at 30 Apr 2024.

The asset allocation of the IB RLAM Cncntrtd Global Shares M managed fund is :

International Equities
98.82%
Cash
1.18%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the IB RLAM Cncntrtd Global Shares M managed fund is Ironbark Asset Mgmt (Fund Services) Ltd.

The IB RLAM Cncntrtd Global Shares M managed fund belongs to the Equity World Large Blend sector/asset class.

As at 24 May 2024, the size of the IB RLAM Cncntrtd Global Shares M managed fund was $15.36 million.

The IB RLAM Cncntrtd Global Shares M managed fund has an inception date of 10 Dec 2020.

The current entry price of the IB RLAM Cncntrtd Global Shares M managed fund is $1.8285 per unit and the current exit price is $1.823 per unit (as at 24 May 2024).

The current exit price of the IB RLAM Cncntrtd Global Shares M managed fund is $1.823 per unit and the current entry price is $1.8285 per unit (as at 24 May 2024).

The minimum initial investment amount for the IB RLAM Cncntrtd Global Shares M managed fund is $5,000,000. Minimum additional investment is $100000.

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.