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  5. DNR Capital Advantage Australian Equities High Convct - Managed fund profile

DNR Capital Advantage Australian Equities High Convct - Managed Fund (Closed)

Fund Objective
The Fund's investment objective is to invest in a high conviction portfolio of Australian equities that aims to outperform the Benchmark by 4% p.a. (before fees) over a rolling three-year period.
Fund Strategy
The Fund is designed for investors with a medium-term investment objective, focused on achieving growth, with less focus on generating excess income. This type of investor is prepared to accept higher volatility in pursuit of higher growth.

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 1.61% 0.28% 11.13% -9.87% 2.89% 2.71% -% -%
Growth return 1.61% 0.28% 9.34% -12.49% -0.43% -0.32% -% -%
Income return 0% 0% 1.79% 2.62% 3.32% 3.03% -% -%
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 Oct 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

DNR Capital Advantage Australian Equities High Convct
Australian Equities
89.02%
Cash
4.71%
Property
6.27%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.64%
Cash
0.83%
Property
3.11%
International Equities
4.01%
Fixed Interest
0.35%
Alternatives
0.05%

General Information

Fund Details
Type Description
DNR Capital Advantage Australian Equities High Convct (Wholesale)
Closed
IPAC Asset Management Limited
AMP2076AU
Equity Australia Large Blend
starstar (as at 31 Oct 2020)
Investment Fund
11 Feb 2016
n/a
$1.29382 (as at 24 Nov 2020)
$1.28814 (as at 24 Nov 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.78% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
CSL Ltd Equity 10.71%
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FAQs about the DNR Capital Advantage Australian Equities High Convct

The objective of the DNR Capital Advantage Australian Equities High Convct managed fund is The Fund's investment objective is to invest in a high conviction portfolio of Australian equities that aims to outperform the Benchmark by 4% p.a. (before fees) over a rolling three-year period.

The strategy of the DNR Capital Advantage Australian Equities High Convct managed fund is The Fund is designed for investors with a medium-term investment objective, focused on achieving growth, with less focus on generating excess income. This type of investor is prepared to accept higher volatility in pursuit of higher growth.

The APIR code of the DNR Capital Advantage Australian Equities High Convct managed fund is AMP2076AU.

DNR Capital Advantage Australian Equities High Convct’s total return last month was 1.61%. This was made up of a growth return of 1.61% and an income return of 0%. These returns were calculated as at 31 Oct 2020.

DNR Capital Advantage Australian Equities High Convct’s total return for the last three months was 0.28%. This was made up of a growth return of 0.28% and an income return of 0%%. These returns were calculated as at 31 Oct 2020.

DNR Capital Advantage Australian Equities High Convct’s one-year total return is -9.87%. This was made up of a growth return of -12.49% and an income return of 2.62%. These returns were calculated as at 31 Oct 2020.

DNR Capital Advantage Australian Equities High Convct’s one-year total return is 2.71%. This was made up of a growth return of -0.32% and an income return of 3.03%. These returns were calculated as at 31 Oct 2020.

The asset allocation of the DNR Capital Advantage Australian Equities High Convct managed fund is :

Australian Equities
89.02%
Cash
4.71%
Property
6.27%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the DNR Capital Advantage Australian Equities High Convct managed fund is IPAC Asset Management Limited.

The DNR Capital Advantage Australian Equities High Convct managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at , the size of the DNR Capital Advantage Australian Equities High Convct managed fund was $ million.

The DNR Capital Advantage Australian Equities High Convct managed fund has an inception date of 11 Feb 2016.

The current entry price of the DNR Capital Advantage Australian Equities High Convct managed fund is $1.29382 per unit and the current exit price is $1.28814 per unit (as at 24 Nov 2020).

The current exit price of the DNR Capital Advantage Australian Equities High Convct managed fund is $1.28814 per unit and the current entry price is $1.29382 per unit (as at 24 Nov 2020).

The minimum initial investment amount for the DNR Capital Advantage Australian Equities High Convct managed fund is $500,000. Minimum additional investment is $5000.

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.