Pengana Global Resources - Managed Fund (Closed)

Fund Objective

The Fund's investment objective is to capture strong participation to the upside of global resource market movements while limiting downside exposure. Quantitatively, the objective of the Fund is to generate an average 8 to 12% per annum return over an economic cycle, after deduction of ongoing management costs.

Fund Strategy

The investment strategy of the Fund relies primarily on fundamental company research and an understanding of the markets in which the companies operate. The Fund uses 3 main strategies to profit from inefficiencies in the pricing of small and large companies and opportunities resulting from corporate events.

Fund Performance Comparison

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Peers

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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.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.42%	11.2%	17.46%	-1.02%	-2.93%	3.76%	-2.92%	-%
Growth return	1.42%	11.2%	17.46%	-1.02%	-2.95%	3.75%	-2.92%	-%
Income return	0%	0%	0%	0%	0.02%	0.01%	0%	-%
Market index (S&P Global Natural Resources TR AUD)
Total return	2.4%	-1.97%	0.69%	-3.41%	6.26%	2.38%	13.08%	7.6%

As at 30 Jun 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Pengana Global Resources

Australian Equities: 0.04%

Cash: 99.96%

International Equities: 0%

Average Allocation of Peers

Australian Equities: 14.83%

Cash: 4.22%

International Equities: 80.95%

General Information

Fund Details

Type	Description
Fund Name	Pengana Global Resources
Fund Status	Closed
Responsible Entity	Pengana Capital Limited
APIR Code	PCL0003AU
Sector/Asset Class	Equity Global Resources
Morningstar Rating	(as at 31 Jan 2016)
Legal Structure	Investment Fund
Fund Inception	23 Mar 2007
Fund Size	$17.26 million (as at 30 Jun 2016)
Entry Price	$1.4948 (as at 18 Jul 2016)
Exit Price	$1.4859 (as at 18 Jul 2016)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	1.54% (as at 30 Jun 2016)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$20,000
Minimum additional investments	$5,000.00
Minimum redemption amount	$5,000.00

Top 10 holdings (as at 30 Jun 2011)

Holding (as at 30 Jun 2011)	Type	% of Portfolio
Rio Tinto PLC	Stock	23.35%
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FAQs about the Pengana Global Resources

What is the objective of the Pengana Global Resources managed fund?

The objective of the Pengana Global Resources managed fund is The Fund's investment objective is to capture strong participation to the upside of global resource market movements while limiting downside exposure. Quantitatively, the objective of the Fund is to generate an average 8 to 12% per annum return over an economic cycle, after deduction of ongoing management costs.

What is the strategy for the Pengana Global Resources managed fund?

The strategy of the Pengana Global Resources managed fund is The investment strategy of the Fund relies primarily on fundamental company research and an understanding of the markets in which the companies operate. The Fund uses 3 main strategies to profit from inefficiencies in the pricing of small and large companies and opportunities resulting from corporate events.

What is the APIR code of the Pengana Global Resources managed fund?

The APIR code of the Pengana Global Resources managed fund is PCL0003AU.

What was Pengana Global Resources’s total return last month?

Pengana Global Resources’s total return last month was 1.42%. This was made up of a growth return of 1.42% and an income return of 0%. These returns were calculated as at 30 Jun 2016.

What was Pengana Global Resources’s total return for the last three months?

Pengana Global Resources’s total return for the last three months was 11.2%. This was made up of a growth return of 11.2% and an income return of 0%%. These returns were calculated as at 30 Jun 2016.

What is Pengana Global Resources’s one-year total return?

Pengana Global Resources’s one-year total return is -1.02%. This was made up of a growth return of -1.02% and an income return of 0%. These returns were calculated as at 30 Jun 2016.

What is Pengana Global Resources’s three-year total return?

Pengana Global Resources’s one-year total return is 3.76%. This was made up of a growth return of 3.75% and an income return of 0.01%. These returns were calculated as at 30 Jun 2016.

What is the asset allocation of the Pengana Global Resources managed fund?

The asset allocation of the Pengana Global Resources managed fund is :

Australian Equities: 0.04%

Cash: 99.96%

International Equities: 0%

Who is the responsible Entity of the Pengana Global Resources managed fund?

The Responsible Entity for the Pengana Global Resources managed fund is Pengana Capital Limited.

What sector/asset class does the Pengana Global Resources managed fund belong to?

The Pengana Global Resources managed fund belongs to the Equity Global Resources sector/asset class.

What is the size of the Pengana Global Resources managed fund?

As at 30 Jun 2016, the size of the Pengana Global Resources managed fund was $17.26 million.

What is the inception date of the Pengana Global Resources managed fund?

The Pengana Global Resources managed fund has an inception date of 23 Mar 2007.

What is the current entry price of the Pengana Global Resources managed fund?

The current entry price of the Pengana Global Resources managed fund is $1.4948 per unit and the current exit price is $1.4859 per unit (as at 18 Jul 2016).

What is the current exit price of the Pengana Global Resources managed fund?

The current exit price of the Pengana Global Resources managed fund is $1.4859 per unit and the current entry price is $1.4948 per unit (as at 18 Jul 2016).

What is the minimum investment amount for the Pengana Global Resources managed fund?

The minimum initial investment amount for the Pengana Global Resources managed fund is $20,000. 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.

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