InvestSMART

NWQ Diversified Equity - Founder - Managed Fund

Fund Objective
The Fund's investment objective is to generate returns in excess of the AFM Equity Alternative - Australia Index net of all fees and expenses over rolling five-year periods. The Fund seeks to generate these returns within the risk budget of 11% p.a. as defined by the standard deviation of returns.
Fund Strategy
Multi-Strategy Hedge Fund.

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 1.26% 3.69% -% -% -% -% -% -%
Growth return 1.26% 2.49% -% -% -% -% -% -%
Income return 0% 1.2% -% -% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 0.96% 1.88% 3.76% 4.06% 4.11% 2.96% 2.14%
As at 31 Aug 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
18.77%
Australian Equities
4.92%
International Equities
2.98%
Cash
55.63%
Property & Infrastructure
1.98%
Fixed Interest
15.73%

General Information

Fund Details
Type Description
NWQ Diversified Equity - Founder
NWQ Capital Management Pty Ltd
NWQ4003AU
Alternative - Multistrategy
Not Rated
Investment Fund
1 May 2023
n/a
$1.0386 (as at 31 Aug 2023)
$1.0386 (as at 31 Aug 2023)
Suppressed
Offer information
Type Description
Minimum initial investment $500,000
Minimum additional investments $100,000
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FAQs about the NWQ Diversified Equity - Founder

The objective of the NWQ Diversified Equity - Founder managed fund is The Fund's investment objective is to generate returns in excess of the AFM Equity Alternative - Australia Index net of all fees and expenses over rolling five-year periods. The Fund seeks to generate these returns within the risk budget of 11% p.a. as defined by the standard deviation of returns.

The strategy of the NWQ Diversified Equity - Founder managed fund is Multi-Strategy Hedge Fund.

The APIR code of the NWQ Diversified Equity - Founder managed fund is NWQ4003AU.

NWQ Diversified Equity - Founder’s total return last month was 1.26%. This was made up of a growth return of 1.26% and an income return of 0%. These returns were calculated as at 31 Aug 2023.

NWQ Diversified Equity - Founder’s total return for the last three months was 3.69%. This was made up of a growth return of 2.49% and an income return of 1.2%%. These returns were calculated as at 31 Aug 2023.

NWQ Diversified Equity - Founder’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 31 Aug 2023.

NWQ Diversified Equity - Founder’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 31 Aug 2023.

The asset allocation of the NWQ Diversified Equity - Founder managed fund is :

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

The Responsible Entity for the NWQ Diversified Equity - Founder managed fund is NWQ Capital Management Pty Ltd.

The NWQ Diversified Equity - Founder managed fund belongs to the Alternative - Multistrategy sector/asset class.

As at , the size of the NWQ Diversified Equity - Founder managed fund was $ million.

The NWQ Diversified Equity - Founder managed fund has an inception date of 1 May 2023.

The current entry price of the NWQ Diversified Equity - Founder managed fund is $1.0386 per unit and the current exit price is $1.0386 per unit (as at 31 Aug 2023).

The current exit price of the NWQ Diversified Equity - Founder managed fund is $1.0386 per unit and the current entry price is $1.0386 per unit (as at 31 Aug 2023).

The minimum initial investment amount for the NWQ Diversified Equity - Founder managed fund is $500,000. Minimum additional investment is $100000.

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.