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K2 International Opportunities Fund - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the MSCI AC World Index TR Net (AUD) over the long-term, while reducing the risk of capital losses through active stock and style rotation, as well as tactical investments in cash.
Fund Strategy
The Fund invests globally in listed equities. It can also have exposure to cash up to a maximum of 20% of the Fund's Gross Asset Value if deemed appropriate, although typically this will be around 5% or less. Cash levels are actively managed through continuous macro-economic analysis of market conditions with the objective of reducing the risk of capital losses.

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 8.33% 16.88% 28.57% 22.04% -% -% -% -%
Growth return 8.33% 16.88% 28.57% 22.04% -% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return -2.51% -6.22% -3.83% 8.14% 10.17% 16.04% 12.71% 13.19%
As at 28 Feb 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

K2 International Opportunities Fund
International Equities
97.35%
Cash
2.65%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
91.69%
Cash
1.87%
Australian Equities
5.97%
Property & Infrastructure
0.19%
Fixed Interest
-0.01%
Alternatives
0.29%

General Information

Fund Details
Type Description
K2 International Opportunities Fund
Closed
K2 Asset Management Ltd
KAM0007AU
Equity World Large Growth
Not Rated
Investment Fund
1 Feb 2014
$21.59 million (as at 10 Mar 2015)
$1.2793 (as at 10 Mar 2015)
$1.2691 (as at 10 Mar 2015)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2014)
Minimum initial investment $20,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

Top 10 holdings (as at 31 May 2014)

Holding (as at 31 May 2014) Type % of Portfolio
Google Inc Class A Equity 6.23%
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FAQs about the K2 International Opportunities Fund

The objective of the K2 International Opportunities Fund managed fund is The Fund aims to outperform the MSCI AC World Index TR Net (AUD) over the long-term, while reducing the risk of capital losses through active stock and style rotation, as well as tactical investments in cash.

The strategy of the K2 International Opportunities Fund managed fund is The Fund invests globally in listed equities. It can also have exposure to cash up to a maximum of 20% of the Fund's Gross Asset Value if deemed appropriate, although typically this will be around 5% or less. Cash levels are actively managed through continuous macro-economic analysis of market conditions with the objective of reducing the risk of capital losses.

The APIR code of the K2 International Opportunities Fund managed fund is KAM0007AU.

K2 International Opportunities Fund’s total return last month was 8.33%. This was made up of a growth return of 8.33% and an income return of 0%. These returns were calculated as at 28 Feb 2015.

K2 International Opportunities Fund’s total return for the last three months was 16.88%. This was made up of a growth return of 16.88% and an income return of 0%%. These returns were calculated as at 28 Feb 2015.

K2 International Opportunities Fund’s one-year total return is 22.04%. This was made up of a growth return of 22.04% and an income return of 0%. These returns were calculated as at 28 Feb 2015.

K2 International Opportunities Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 28 Feb 2015.

The asset allocation of the K2 International Opportunities Fund managed fund is :

International Equities
97.35%
Cash
2.65%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the K2 International Opportunities Fund managed fund is K2 Asset Management Ltd.

The K2 International Opportunities Fund managed fund belongs to the Equity World Large Growth sector/asset class.

As at 10 Mar 2015, the size of the K2 International Opportunities Fund managed fund was $21.59 million.

The K2 International Opportunities Fund managed fund has an inception date of 1 Feb 2014.

The current entry price of the K2 International Opportunities Fund managed fund is $1.2793 per unit and the current exit price is $1.2691 per unit (as at 10 Mar 2015).

The current exit price of the K2 International Opportunities Fund managed fund is $1.2691 per unit and the current entry price is $1.2793 per unit (as at 10 Mar 2015).

The minimum initial investment amount for the K2 International Opportunities Fund managed fund is $20,000. Minimum additional investment is $10000.

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.