InvestSMART

Pinnacle BNY Mellon Global Infrastructure Yield - Managed Fund (Closed)

Fund Objective
The Fund aims to achieve returns above the Benchmark over a full cycle, and to achieve a gross yield target of 6% per annum.
Fund Strategy
The Fund invests primarily in international listed equities, expected to be high yielding, issued by companies in infrastructure related sectors including telecom services, utilities, energy, industrials and materials. The Fund may not use derivatives and is not permitted to borrow to invest.

Fund Performance Comparison

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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

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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 0.24% -20.07% -19.63% -10.45% -% -% -% -%
Growth return 0.24% -20.88% -22.58% -15.14% -% -% -% -%
Income return 0% 0.81% 2.95% 4.69% -% -% -% -%
Market index (FTSE Dvlp Core Infra 50/50 NR AUD)
Total return 0.34% 0.92% 3.08% 10.1% 16.13% 9.3% 9.9% 7.91%
As at 31 May 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Australian Equities
4.94%
International Equities
80.74%
Cash
3.42%
Property & Infrastructure
0.39%
Alternatives
10.52%

General Information

Fund Details
Type Description
Pinnacle BNY Mellon Global Infrastructure Yield
Closed
Pinnacle Fund Services Limited
WHT6597AU
Equity Global Infrastructure
Not Rated
Investment Fund
9 Aug 2018
$13.86 million (as at 31 May 2020)
$0.8698 (as at 31 May 2020)
$0.8671 (as at 31 May 2020)
Finalised
Offer information
Type Description
Minimum initial investment $25,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 31 May 2020)

Holding (as at 31 May 2020) Type % of Portfolio
PPL Corp Equity 7.84%
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FAQs about the Pinnacle BNY Mellon Global Infrastructure Yield

The objective of the Pinnacle BNY Mellon Global Infrastructure Yield managed fund is The Fund aims to achieve returns above the Benchmark over a full cycle, and to achieve a gross yield target of 6% per annum.

The strategy of the Pinnacle BNY Mellon Global Infrastructure Yield managed fund is The Fund invests primarily in international listed equities, expected to be high yielding, issued by companies in infrastructure related sectors including telecom services, utilities, energy, industrials and materials. The Fund may not use derivatives and is not permitted to borrow to invest.

The APIR code of the Pinnacle BNY Mellon Global Infrastructure Yield managed fund is WHT6597AU.

Pinnacle BNY Mellon Global Infrastructure Yield’s total return last month was 0.24%. This was made up of a growth return of 0.24% and an income return of 0%. These returns were calculated as at 31 May 2020.

Pinnacle BNY Mellon Global Infrastructure Yield’s total return for the last three months was -20.07%. This was made up of a growth return of -20.88% and an income return of 0.81%%. These returns were calculated as at 31 May 2020.

Pinnacle BNY Mellon Global Infrastructure Yield’s one-year total return is -10.45%. This was made up of a growth return of -15.14% and an income return of 4.69%. These returns were calculated as at 31 May 2020.

Pinnacle BNY Mellon Global Infrastructure Yield’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 May 2020.

The asset allocation of the Pinnacle BNY Mellon Global Infrastructure Yield managed fund is :

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

The Responsible Entity for the Pinnacle BNY Mellon Global Infrastructure Yield managed fund is Pinnacle Fund Services Limited.

The Pinnacle BNY Mellon Global Infrastructure Yield managed fund belongs to the Equity Global Infrastructure sector/asset class.

As at 31 May 2020, the size of the Pinnacle BNY Mellon Global Infrastructure Yield managed fund was $13.86 million.

The Pinnacle BNY Mellon Global Infrastructure Yield managed fund has an inception date of 9 Aug 2018.

The current entry price of the Pinnacle BNY Mellon Global Infrastructure Yield managed fund is $0.8698 per unit and the current exit price is $0.8671 per unit (as at 31 May 2020).

The current exit price of the Pinnacle BNY Mellon Global Infrastructure Yield managed fund is $0.8671 per unit and the current entry price is $0.8698 per unit (as at 31 May 2020).

The minimum initial investment amount for the Pinnacle BNY Mellon Global Infrastructure Yield managed fund is $25,000. 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.