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Pentalpha Income For Life Fund - Managed Fund (Closed)

Fund Objective
The fund aims to achieve a before fees total return in excess of 6% per annum and aims to distribute at least 1% of the return on a quarterly basis.
Fund Strategy
Actively managed, high conviction, income focused, long only, tax aware and risk averse Australian share portfolio. The portfolio of 10-20 stocks is fundamentally selected. This is combined with an option-based stock risk management system. The objective is to deliver an attractive grossed-up yield with inflation-fighting capital gains while substantially limiting down side risk to invested capital.

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 1.59% -1.77% -0.16% -2.65% -2.78% -2.36% -% -%
Growth return 1.59% -% -1.16% -6.6% -7.44% -6.77% -% -%
Income return 0% -% 1% 3.95% 4.66% 4.41% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return 1.15% -4.03% 3.01% 6.89% 10.08% 11.02% 8.1% 9.1%
As at 31 Mar 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Pentalpha Income For Life Fund
Australian Equities
93.74%
Cash
73.53%
Alternatives
-67.27%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
96.30%
Cash
-0.76%
Alternatives
-0.02%
International Equities
3.80%
Property & Infrastructure
1.14%
Fixed Interest
-0.46%

General Information

Fund Details
Type Description
Pentalpha Income For Life Fund
Closed
Equity Trustees Ltd
ETL7981AU
Equity Australia Other
Not Rated
Investment Fund
5 May 2017
n/a
$0.7979 (as at 22 Apr 2021)
$0.7923 (as at 22 Apr 2021)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.72% (as at 30 Jun 2020)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500,000
Minimum additional investments $50,000

Top 10 holdings (as at 30 Sep 2020)

Holding (as at 30 Sep 2020) Type % of Portfolio
Aurizon Holdings Ltd Equity 15.06%
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FAQs about the Pentalpha Income For Life Fund

The objective of the Pentalpha Income For Life Fund managed fund is The fund aims to achieve a before fees total return in excess of 6% per annum and aims to distribute at least 1% of the return on a quarterly basis.

The strategy of the Pentalpha Income For Life Fund managed fund is Actively managed, high conviction, income focused, long only, tax aware and risk averse Australian share portfolio. The portfolio of 10-20 stocks is fundamentally selected. This is combined with an option-based stock risk management system. The objective is to deliver an attractive grossed-up yield with inflation-fighting capital gains while substantially limiting down side risk to invested capital.

The APIR code of the Pentalpha Income For Life Fund managed fund is ETL7981AU.

Pentalpha Income For Life Fund’s total return last month was 1.59%. This was made up of a growth return of 1.59% and an income return of 0%. These returns were calculated as at 31 Mar 2021.

Pentalpha Income For Life Fund’s total return for the last three months was -1.77%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Mar 2021.

Pentalpha Income For Life Fund’s one-year total return is -2.65%. This was made up of a growth return of -6.6% and an income return of 3.95%. These returns were calculated as at 31 Mar 2021.

Pentalpha Income For Life Fund’s one-year total return is -2.36%. This was made up of a growth return of -6.77% and an income return of 4.41%. These returns were calculated as at 31 Mar 2021.

The asset allocation of the Pentalpha Income For Life Fund managed fund is :

Australian Equities
93.74%
Cash
73.53%
Alternatives
-67.27%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Pentalpha Income For Life Fund managed fund is Equity Trustees Ltd.

The Pentalpha Income For Life Fund managed fund belongs to the Equity Australia Other sector/asset class.

As at , the size of the Pentalpha Income For Life Fund managed fund was $ million.

The Pentalpha Income For Life Fund managed fund has an inception date of 5 May 2017.

The current entry price of the Pentalpha Income For Life Fund managed fund is $0.7979 per unit and the current exit price is $0.7923 per unit (as at 22 Apr 2021).

The current exit price of the Pentalpha Income For Life Fund managed fund is $0.7923 per unit and the current entry price is $0.7979 per unit (as at 22 Apr 2021).

The minimum initial investment amount for the Pentalpha Income For Life Fund managed fund is $500,000. Minimum additional investment is $50000.

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.