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Ironbark Karara Advantage Australian Share - Managed Fund (Closed)

Fund Objective
To provide excess returns gross of fees over S&P/ASX 300 Accumulation Index over rolling four year periods.
Fund Strategy
Karara Capital is an active investment manager whose approach to Australian equities is built on the belief that original, forward-looking research can identify underappreciated companies. The investment approach emphasises the development of insights into a company's longer-term prospects and systematically identifies gaps between fundamentals and consensus expectations. Close attention is paid to understanding the interplay between the holdings so as to avoid unintended risks.

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 0.21% -0.25% 6.51% -13.85% -0.22% 0.13% -% -%
Growth return 0.21% -0.25% 1.59% -19.25% -6.62% -5.29% -% -%
Income return 0% 0% 4.92% 5.4% 6.4% 5.42% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return -7.15% -1.61% -2.61% 11.67% 7.17% 9.54% 8.63% 9.44%
As at 31 Oct 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ironbark Karara Advantage Australian Share
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
-1.01%
Australian Equities
96.06%
International Equities
4.03%
Property & Infrastructure
1.26%
Fixed Interest
-0.33%
Alternatives
-0.02%

General Information

Fund Details
Type Description
Ironbark Karara Advantage Australian Share (Wholesale)
Closed
AMP Capital Funds Management Ltd
AMP2074AU
Equity Australia Large Blend
starstar (as at 31 Oct 2020)
Investment Fund
11 Feb 2016
n/a
$1.20369 (as at 24 Nov 2020)
$1.2008 (as at 24 Nov 2020)
Finalised
Offer information
Type Description
MER 0.75% (as at 30 Jun 2021)
Indirect Cost Ratio (ICR) 0.75% (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 28 Feb 2021)

Holding (as at 28 Feb 2021) Type % of Portfolio
BHP Group Ltd Equity 10.38%
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FAQs about the Ironbark Karara Advantage Australian Share

The objective of the Ironbark Karara Advantage Australian Share managed fund is To provide excess returns gross of fees over S&P/ASX 300 Accumulation Index over rolling four year periods.

The strategy of the Ironbark Karara Advantage Australian Share managed fund is Karara Capital is an active investment manager whose approach to Australian equities is built on the belief that original, forward-looking research can identify underappreciated companies. The investment approach emphasises the development of insights into a company's longer-term prospects and systematically identifies gaps between fundamentals and consensus expectations. Close attention is paid to understanding the interplay between the holdings so as to avoid unintended risks.

The APIR code of the Ironbark Karara Advantage Australian Share managed fund is AMP2074AU.

Ironbark Karara Advantage Australian Share’s total return last month was 0.21%. This was made up of a growth return of 0.21% and an income return of 0%. These returns were calculated as at 31 Oct 2020.

Ironbark Karara Advantage Australian Share’s total return for the last three months was -0.25%. This was made up of a growth return of -0.25% and an income return of 0%%. These returns were calculated as at 31 Oct 2020.

Ironbark Karara Advantage Australian Share’s one-year total return is -13.85%. This was made up of a growth return of -19.25% and an income return of 5.4%. These returns were calculated as at 31 Oct 2020.

Ironbark Karara Advantage Australian Share’s one-year total return is 0.13%. This was made up of a growth return of -5.29% and an income return of 5.42%. These returns were calculated as at 31 Oct 2020.

The asset allocation of the Ironbark Karara Advantage Australian Share managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Ironbark Karara Advantage Australian Share managed fund is AMP Capital Funds Management Ltd.

The Ironbark Karara Advantage Australian Share managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at , the size of the Ironbark Karara Advantage Australian Share managed fund was $ million.

The Ironbark Karara Advantage Australian Share managed fund has an inception date of 11 Feb 2016.

The current entry price of the Ironbark Karara Advantage Australian Share managed fund is $1.20369 per unit and the current exit price is $1.2008 per unit (as at 24 Nov 2020).

The current exit price of the Ironbark Karara Advantage Australian Share managed fund is $1.2008 per unit and the current entry price is $1.20369 per unit (as at 24 Nov 2020).

The minimum initial investment amount for the Ironbark Karara Advantage Australian Share 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.