InvestSMART

Sestante Conservative Fund - Managed Fund (Closed)

Fund Objective
Seeks to provide an investment return of CPI 1.5% p.a. over rolling 3 year periods after fees and costs and before taxes.
Fund Strategy
The Fund aims to utilize proven portfolio construction capabilities and high quality investment managers to invest in a diversified portfolio with exposure to income assets (cash and fixed interest), growth assets (shares, property and infrastructure) and alternative assets in an effort to enhance diversification and improve risk adjusted returns.

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 0.04% 1.26% 2.04% 5.14% -% -% -% -%
Growth return 0.04% -0.03% 0.41% 2.23% -% -% -% -%
Income return 0% 1.29% 1.63% 2.91% -% -% -% -%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 1.69% 0.16% -0.16% 5.41% 6.58% 5.77% 3.23% 4.33%
As at 31 Aug 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Sestante Conservative Fund
Australian Equities
12.61%
International Equities
15.25%
Cash
31.58%
Property & Infrastructure
1.60%
Fixed Interest
31.11%
Alternatives
7.85%
Average Allocation of Peers
Australian Equities
11.38%
International Equities
15.06%
Cash
12.41%
Property & Infrastructure
3.44%
Fixed Interest
51.99%
Alternatives
5.72%

General Information

Fund Details
Type Description
Sestante Conservative Fund
Closed
PAT5920AU
Multisector Moderate
Not Rated
Investment Fund
28 Feb 2017
$3.18 million (as at 31 Aug 2018)
$1.0263 (as at 31 Aug 2018)
$1.0222 (as at 31 Aug 2018)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.71% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00
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FAQs about the Sestante Conservative Fund

The objective of the Sestante Conservative Fund managed fund is Seeks to provide an investment return of CPI +1.5% p.a. over rolling 3 year periods after fees and costs and before taxes.

The strategy of the Sestante Conservative Fund managed fund is The Fund aims to utilize proven portfolio construction capabilities and high quality investment managers to invest in a diversified portfolio with exposure to income assets (cash and fixed interest), growth assets (shares, property and infrastructure) and alternative assets in an effort to enhance diversification and improve risk adjusted returns.

The APIR code of the Sestante Conservative Fund managed fund is PAT5920AU.

Sestante Conservative Fund’s total return last month was 0.04%. This was made up of a growth return of 0.04% and an income return of 0%. These returns were calculated as at 31 Aug 2018.

Sestante Conservative Fund’s total return for the last three months was 1.26%. This was made up of a growth return of -0.03% and an income return of 1.29%%. These returns were calculated as at 31 Aug 2018.

Sestante Conservative Fund’s one-year total return is 5.14%. This was made up of a growth return of 2.23% and an income return of 2.91%. These returns were calculated as at 31 Aug 2018.

Sestante Conservative Fund’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 2018.

The asset allocation of the Sestante Conservative Fund managed fund is :

Australian Equities
12.61%
International Equities
15.25%
Cash
31.58%
Property & Infrastructure
1.60%
Fixed Interest
31.11%
Alternatives
7.85%

The Sestante Conservative Fund managed fund belongs to the Multisector Moderate sector/asset class.

As at 31 Aug 2018, the size of the Sestante Conservative Fund managed fund was $3.18 million.

The Sestante Conservative Fund managed fund has an inception date of 28 Feb 2017.

The current entry price of the Sestante Conservative Fund managed fund is $1.0263 per unit and the current exit price is $1.0222 per unit (as at 31 Aug 2018).

The current exit price of the Sestante Conservative Fund managed fund is $1.0222 per unit and the current entry price is $1.0263 per unit (as at 31 Aug 2018).

The minimum initial investment amount for the Sestante Conservative Fund managed fund is $20,000. Minimum additional investment is $1000.

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.