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  5. Solaris High Alpha Australian Equities Retail - Managed fund profile

Solaris High Alpha Australian Equities Retail - Managed Fund (Closed)

Fund Objective
5.0% p.a. outperformance of the Benchmark S&P/ASX 200 Accumulation Index over rolling 3 year periods.
Fund Strategy
The Fund will hold between 20 and 40 securities with a Tracking Error Target of 3.0-6.0% p.a. The Fund can invest in listed Australian securities, as well as in securities expected to be listed on an Australian exchange. In addition, the Fund will seek to remain fully invested with an allowable maximum cash exposure of 5% of total assets at any one time.

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 10.38% -21.41% -17.27% -12.04% -1.73% 1.69% 4.14% 6.27%
Growth return 10.38% -21.41% -21.49% -37.04% -22.25% -15.37% -8.99% -8.1%
Income return 0% 0% 4.22% 25% 20.52% 17.06% 13.13% 14.37%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 30 Apr 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Solaris High Alpha Australian Equities Retail
Australian Equities
0.02%
Cash
99.98%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.41%
Cash
-0.77%
International Equities
5.12%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
Solaris High Alpha Australian Equities Retail (Wholesale)
Closed
Pinnacle Fund Services Limited
WHT0016AU
Equity Australia Large Blend
starstarstarstar (as at 31 May 2020)
Investment Fund
4 Feb 2008
$0 million (as at 31 Mar 2022)
$0.4336 (as at 29 May 2020)
$0.431 (as at 29 May 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.90% (as at 30 Jun 2016)
Minimum initial investment $1,000,000
Minimum additional investments $50,000

Top 10 holdings (as at 30 Apr 2020)

Holding (as at 30 Apr 2020) Type % of Portfolio
CSL Ltd Equity 10.63%
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FAQs about the Solaris High Alpha Australian Equities Retail

The objective of the Solaris High Alpha Australian Equities Retail managed fund is 5.0% p.a. outperformance of the Benchmark S&P/ASX 200 Accumulation Index over rolling 3 year periods.

The strategy of the Solaris High Alpha Australian Equities Retail managed fund is The Fund will hold between 20 and 40 securities with a Tracking Error Target of 3.0-6.0% p.a. The Fund can invest in listed Australian securities, as well as in securities expected to be listed on an Australian exchange. In addition, the Fund will seek to remain fully invested with an allowable maximum cash exposure of 5% of total assets at any one time.

The APIR code of the Solaris High Alpha Australian Equities Retail managed fund is WHT0016AU.

Solaris High Alpha Australian Equities Retail’s total return last month was 10.38%. This was made up of a growth return of 10.38% and an income return of 0%. These returns were calculated as at 30 Apr 2020.

Solaris High Alpha Australian Equities Retail’s total return for the last three months was -21.41%. This was made up of a growth return of -21.41% and an income return of 0%%. These returns were calculated as at 30 Apr 2020.

Solaris High Alpha Australian Equities Retail’s one-year total return is -12.04%. This was made up of a growth return of -37.04% and an income return of 25%. These returns were calculated as at 30 Apr 2020.

Solaris High Alpha Australian Equities Retail’s one-year total return is 1.69%. This was made up of a growth return of -15.37% and an income return of 17.06%. These returns were calculated as at 30 Apr 2020.

The asset allocation of the Solaris High Alpha Australian Equities Retail managed fund is :

Australian Equities
0.02%
Cash
99.98%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Solaris High Alpha Australian Equities Retail managed fund is Pinnacle Fund Services Limited.

The Solaris High Alpha Australian Equities Retail managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Mar 2022, the size of the Solaris High Alpha Australian Equities Retail managed fund was $0 million.

The Solaris High Alpha Australian Equities Retail managed fund has an inception date of 4 Feb 2008.

The current entry price of the Solaris High Alpha Australian Equities Retail managed fund is $0.4336 per unit and the current exit price is $0.431 per unit (as at 29 May 2020).

The current exit price of the Solaris High Alpha Australian Equities Retail managed fund is $0.431 per unit and the current entry price is $0.4336 per unit (as at 29 May 2020).

The minimum initial investment amount for the Solaris High Alpha Australian Equities Retail managed fund is $1,000,000. 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.