InvestSMART

Sestante Growth Fund - Managed Fund (Closed)

Fund Objective
Seeks to provide an investment return of CPI 3.0% p.a. over rolling 7 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 0.03% 3.03% 4.95% 11.99% -% -% -% -%
Growth return 0.03% 0.54% 2.17% 7.95% -% -% -% -%
Income return 0% 2.49% 2.78% 4.04% -% -% -% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -4.57% -2.61% -1.66% 8.89% 7.12% 9.47% 6.78% 7.89%
As at 31 Aug 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Sestante Growth Fund
Australian Equities
29.66%
International Equities
45.58%
Cash
2.50%
Property & Infrastructure
4.84%
Fixed Interest
9.58%
Alternatives
7.84%
Average Allocation of Peers
Australian Equities
27.95%
International Equities
34.69%
Cash
5.21%
Property & Infrastructure
6.10%
Fixed Interest
20.47%
Alternatives
5.58%

General Information

Fund Details
Type Description
Sestante Growth Fund
Closed
PAT3644AU
Multisector Growth
Not Rated
Investment Fund
28 Feb 2017
$3.14 million (as at 31 Aug 2018)
$1.0917 (as at 31 Aug 2018)
$1.0873 (as at 31 Aug 2018)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.95% (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 Growth Fund

The objective of the Sestante Growth Fund managed fund is Seeks to provide an investment return of CPI +3.0% p.a. over rolling 7 year periods after fees and costs and before taxes.

The strategy of the Sestante Growth 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 Growth Fund managed fund is PAT3644AU.

Sestante Growth Fund’s total return last month was 0.03%. This was made up of a growth return of 0.03% and an income return of 0%. These returns were calculated as at 31 Aug 2018.

Sestante Growth Fund’s total return for the last three months was 3.03%. This was made up of a growth return of 0.54% and an income return of 2.49%%. These returns were calculated as at 31 Aug 2018.

Sestante Growth Fund’s one-year total return is 11.99%. This was made up of a growth return of 7.95% and an income return of 4.04%. These returns were calculated as at 31 Aug 2018.

Sestante Growth 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 Growth Fund managed fund is :

Australian Equities
29.66%
International Equities
45.58%
Cash
2.50%
Property & Infrastructure
4.84%
Fixed Interest
9.58%
Alternatives
7.84%

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

As at 31 Aug 2018, the size of the Sestante Growth Fund managed fund was $3.14 million.

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

The current entry price of the Sestante Growth Fund managed fund is $1.0917 per unit and the current exit price is $1.0873 per unit (as at 31 Aug 2018).

The current exit price of the Sestante Growth Fund managed fund is $1.0873 per unit and the current entry price is $1.0917 per unit (as at 31 Aug 2018).

The minimum initial investment amount for the Sestante Growth 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.