InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Macquarie Australia Plus - Managed fund profile

Macquarie Australia Plus - Managed Fund (Closed)

Fund Objective
The Macquarie Alpha Opportunities Fund provides investors with both long and short positions in Australian equities and other stocks listed, or expected to be listed, on the Australian Securities Exchange, as well as equity issued by Australian entities. The Fund seeks to deliver returns (before fees) above the S&P/ASX 200 Accumulation Index (Index) over the medium to long term.
Fund Strategy
The Fund is designed to have exposure to the Australian equity market through both long and short positions in equities. Through the ability to short a portion of the Fund, the Fund has the ability to take advantage of undervalued stocks while still having full exposure to the equity market. The Fund will hold approximately 100%-130% long stocks and 0%-30% short stocks. The return of the Fund will be earned from gains or losses made on equities held in long positions and on equities sold to short positions.

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 2.53% 3.72% 11.04% 30.18% 24.97% 24% 20.88% 6.84%
Growth return 2.53% 3.72% 11.04% 29.08% 23.91% 22.2% 18.4% 4.12%
Income return 0% 0% 0% 1.1% 1.06% 1.8% 2.48% 2.72%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.94% 1.97% 4.22% 4.27% 3.91% 2.4% 2.03%
As at 31 Oct 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Australia Plus
Australian Equities
99.25%
Cash
0.75%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
4.41%
Cash
43.89%
International Equities
7.60%
Property & Infrastructure
1.90%
Fixed Interest
17.40%
Alternatives
24.81%

General Information

Fund Details
Type Description
Macquarie Australia Plus (Wholesale)
Closed
Macquarie Investment Management Aus Ltd.
MAQ0425AU
Alternative - Other
starstar (as at 31 Mar 2015)
Investment Fund
29 Jun 2005
$34.21 million (as at 31 Oct 2017)
$2.6808 (as at 23 Nov 2017)
$2.6675 (as at 23 Nov 2017)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 4.45% (as at 30 Jun 2017)
Performance fee (not included in ICR) 3.243
Minimum initial investment $500,000
Minimum additional investments $50,000
Minimum redemption amount $50,000

Top 10 holdings (as at 31 Oct 2017)

Holding (as at 31 Oct 2017) Type % of Portfolio
Link Administration Holdings Ltd Equity 8.51%
Login now to view the complete list of holdings.

FAQs about the Macquarie Australia Plus

The objective of the Macquarie Australia Plus managed fund is The Macquarie Alpha Opportunities Fund provides investors with both long and short positions in Australian equities and other stocks listed, or expected to be listed, on the Australian Securities Exchange, as well as equity issued by Australian entities. The Fund seeks to deliver returns (before fees) above the S&P/ASX 200 Accumulation Index (Index) over the medium to long term.

The strategy of the Macquarie Australia Plus managed fund is The Fund is designed to have exposure to the Australian equity market through both long and short positions in equities. Through the ability to short a portion of the Fund, the Fund has the ability to take advantage of undervalued stocks while still having full exposure to the equity market. The Fund will hold approximately 100%-130% long stocks and 0%-30% short stocks. The return of the Fund will be earned from gains or losses made on equities held in long positions and on equities sold to short positions.

The APIR code of the Macquarie Australia Plus managed fund is MAQ0425AU.

Macquarie Australia Plus’s total return last month was 2.53%. This was made up of a growth return of 2.53% and an income return of 0%. These returns were calculated as at 31 Oct 2017.

Macquarie Australia Plus’s total return for the last three months was 3.72%. This was made up of a growth return of 3.72% and an income return of 0%%. These returns were calculated as at 31 Oct 2017.

Macquarie Australia Plus’s one-year total return is 30.18%. This was made up of a growth return of 29.08% and an income return of 1.1%. These returns were calculated as at 31 Oct 2017.

Macquarie Australia Plus’s one-year total return is 24%. This was made up of a growth return of 22.2% and an income return of 1.8%. These returns were calculated as at 31 Oct 2017.

The asset allocation of the Macquarie Australia Plus managed fund is :

Australian Equities
99.25%
Cash
0.75%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Macquarie Australia Plus managed fund is Macquarie Investment Management Aus Ltd..

The Macquarie Australia Plus managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Oct 2017, the size of the Macquarie Australia Plus managed fund was $34.21 million.

The Macquarie Australia Plus managed fund has an inception date of 29 Jun 2005.

The current entry price of the Macquarie Australia Plus managed fund is $2.6808 per unit and the current exit price is $2.6675 per unit (as at 23 Nov 2017).

The current exit price of the Macquarie Australia Plus managed fund is $2.6675 per unit and the current entry price is $2.6808 per unit (as at 23 Nov 2017).

The minimum initial investment amount for the Macquarie Australia Plus managed fund is $500,000. Minimum additional investment is $50000.

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.