Sestante Diversified Fund - Managed Fund (Closed)

Fund Objective

The fund seeks to provide an investment return of CPI 2.5% p.a. over rolling 5 year periods after fees and costs and before taxes.

Fund Strategy

The Fund aims to utilise 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 Fund's exposure to these asset classes is through investing into unlisted managed funds, direct equities and derivatives.

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.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-0.02%	1.82%	2.95%	8.53%	-%	-%	-%	-%
Growth return	-0.02%	-0.41%	0.46%	4.63%	-%	-%	-%	-%
Income return	0%	2.23%	2.49%	3.9%	-%	-%	-%	-%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return	2.2%	1.14%	3.04%	8.6%	9.27%	9.19%	5.32%	6.26%

As at 31 Aug 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Sestante Diversified Fund

Australian Equities: 21.19%

International Equities: 28.55%

Cash: 12.24%

Property & Infrastructure: 1.11%

Fixed Interest: 19.21%

Alternatives: 17.70%

Average Allocation of Peers

Australian Equities: 17.42%

International Equities: 27.31%

Cash: 7.26%

Property & Infrastructure: 3.72%

Fixed Interest: 35.96%

Alternatives: 8.33%

General Information

Fund Details

Type	Description
Fund Name	Sestante Diversified Fund
Fund Status	Closed
APIR Code	PAT0006AU
Sector/Asset Class	Multisector Balanced
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	27 Sep 2016
Fund Size	$7.67 million (as at 31 Aug 2018)
Entry Price	$1.0599 (as at 31 Aug 2018)
Exit Price	$1.0567 (as at 31 Aug 2018)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	0.90% (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 Diversified Fund

What is the objective of the Sestante Diversified Fund managed fund?

The objective of the Sestante Diversified Fund managed fund is The fund seeks to provide an investment return of CPI +2.5% p.a. over rolling 5 year periods after fees and costs and before taxes.

What is the strategy for the Sestante Diversified Fund managed fund?

The strategy of the Sestante Diversified Fund managed fund is The Fund aims to utilise 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 Fund's exposure to these asset classes is through investing into unlisted managed funds, direct equities and derivatives.

What is the APIR code of the Sestante Diversified Fund managed fund?

The APIR code of the Sestante Diversified Fund managed fund is PAT0006AU.

What was Sestante Diversified Fund’s total return last month?

Sestante Diversified Fund’s total return last month was -0.02%. This was made up of a growth return of -0.02% and an income return of 0%. These returns were calculated as at 31 Aug 2018.

What was Sestante Diversified Fund’s total return for the last three months?

Sestante Diversified Fund’s total return for the last three months was 1.82%. This was made up of a growth return of -0.41% and an income return of 2.23%%. These returns were calculated as at 31 Aug 2018.

What is Sestante Diversified Fund’s one-year total return?

Sestante Diversified Fund’s one-year total return is 8.53%. This was made up of a growth return of 4.63% and an income return of 3.9%. These returns were calculated as at 31 Aug 2018.

What is Sestante Diversified Fund’s three-year total return?

Sestante Diversified 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.

What is the asset allocation of the Sestante Diversified Fund managed fund?

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

Australian Equities: 21.19%

International Equities: 28.55%

Cash: 12.24%

Property & Infrastructure: 1.11%

Fixed Interest: 19.21%

Alternatives: 17.70%

What sector/asset class does the Sestante Diversified Fund managed fund belong to?

The Sestante Diversified Fund managed fund belongs to the Multisector Balanced sector/asset class.

What is the size of the Sestante Diversified Fund managed fund?

As at 31 Aug 2018, the size of the Sestante Diversified Fund managed fund was $7.67 million.

What is the inception date of the Sestante Diversified Fund managed fund?

The Sestante Diversified Fund managed fund has an inception date of 27 Sep 2016.

What is the current entry price of the Sestante Diversified Fund managed fund?

The current entry price of the Sestante Diversified Fund managed fund is $1.0599 per unit and the current exit price is $1.0567 per unit (as at 31 Aug 2018).

What is the current exit price of the Sestante Diversified Fund managed fund?

The current exit price of the Sestante Diversified Fund managed fund is $1.0567 per unit and the current entry price is $1.0599 per unit (as at 31 Aug 2018).

What is the minimum investment amount for the Sestante Diversified Fund managed fund?

The minimum initial investment amount for the Sestante Diversified 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.

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