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  5. Montgomery Alpha Plus - Managed fund profile

Montgomery Alpha Plus - Managed Fund (Closed)

Fund Objective
The Fund seeks to generate materially higher risk-adjusted returns, net of fees, than is available in the market place over the medium-term. The Fund will also seek to offer a significant level of capital preservation, across all market cycles. Returns are not guaranteed.
Fund Strategy
The Fund invests in a Long Portfolio of 15-35 equities listed on the ASX or the NZX, which the Manager deems to be of higher quality and prospects, and expects to deliver above average investment returns. The Fund also borrows and sells a Short Portfolio of 15-35 listed equities, which the Manager deems to be of inferior quality and prospects, and expects to deliver a below average investment return.

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 -6.14% -15.44% -20.16% -15.55% -9.76% -7.57% -% -%
Growth return -6.14% -15.44% -20.16% -18.23% -13.29% -10.75% -% -%
Income return 0% 0% 0% 2.68% 3.53% 3.18% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 1.06% -% 4.26% 3.5% 2.35% 1.6% 1.84%
As at 30 Apr 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Montgomery Alpha Plus
Australian Equities
4.74%
International Equities
11.48%
Cash
83.78%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
5.24%
International Equities
8.95%
Cash
47.78%
Property
2.13%
Fixed Interest
15.81%
Alternatives
20.10%

General Information

Fund Details
Type Description
Montgomery Alpha Plus (Wholesale)
Closed
Fundhost Limited
FHT0041AU
Alternative - Other
Not Rated
Investment Fund
22 Jul 2016
$11.14 million (as at 30 Apr 2020)
$0.6712 (as at 30 Apr 2020)
$0.6679 (as at 30 Apr 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.55% (as at 30 Jun 2019)
Minimum initial investment $50,000
Minimum additional investments $10,000.00
Minimum redemption amount $5,000.00

FAQs about the Montgomery Alpha Plus

The objective of the Montgomery Alpha Plus managed fund is The Fund seeks to generate materially higher risk-adjusted returns, net of fees, than is available in the market place over the medium-term. The Fund will also seek to offer a significant level of capital preservation, across all market cycles. Returns are not guaranteed.

The strategy of the Montgomery Alpha Plus managed fund is The Fund invests in a Long Portfolio of 15-35 equities listed on the ASX or the NZX, which the Manager deems to be of higher quality and prospects, and expects to deliver above average investment returns. The Fund also borrows and sells a Short Portfolio of 15-35 listed equities, which the Manager deems to be of inferior quality and prospects, and expects to deliver a below average investment return.

The APIR code of the Montgomery Alpha Plus managed fund is FHT0041AU.

Montgomery Alpha Plus’s total return last month was -6.14%. This was made up of a growth return of -6.14% and an income return of 0%. These returns were calculated as at 30 Apr 2020.

Montgomery Alpha Plus’s total return for the last three months was -15.44%. This was made up of a growth return of -15.44% and an income return of 0%%. These returns were calculated as at 30 Apr 2020.

Montgomery Alpha Plus’s one-year total return is -15.55%. This was made up of a growth return of -18.23% and an income return of 2.68%. These returns were calculated as at 30 Apr 2020.

Montgomery Alpha Plus’s one-year total return is -7.57%. This was made up of a growth return of -10.75% and an income return of 3.18%. These returns were calculated as at 30 Apr 2020.

The asset allocation of the Montgomery Alpha Plus managed fund is :

Australian Equities
4.74%
International Equities
11.48%
Cash
83.78%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Montgomery Alpha Plus managed fund is Fundhost Limited.

The Montgomery Alpha Plus managed fund belongs to the Alternative - Other sector/asset class.

As at 30 Apr 2020, the size of the Montgomery Alpha Plus managed fund was $11.14 million.

The Montgomery Alpha Plus managed fund has an inception date of 22 Jul 2016.

The current entry price of the Montgomery Alpha Plus managed fund is $0.6712 per unit and the current exit price is $0.6679 per unit (as at 30 Apr 2020).

The current exit price of the Montgomery Alpha Plus managed fund is $0.6679 per unit and the current entry price is $0.6712 per unit (as at 30 Apr 2020).

The minimum initial investment amount for the Montgomery Alpha Plus managed fund is $50,000. 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.