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Blue Sky Private Equities Better Medical Fund - Managed Fund (Closed)

Fund Objective
The Blue Sky Private Equity Better Medical Fund (the 'Fund') offers Investors the opportunity to invest in Better Medical ('BM' or the 'Company'), a group of general practice medical centres in Adelaide.
Fund Strategy
BM was established by Nick Wells and Marcus Jansen in 2014 with the objective of developing Australia's leading group of private billing general practice ('GP') clinics in Australia, particularly for small to medium sized, community-focused practices. The Company has grown to six clinics, and has almost doubled the earnings of acquired centres by successfully integrating those centres into the group. BM is led by an experienced management team that are each responsible for different growth drivers within the business.

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 -% 0.47% -4.94% 18.57% 7.89% -% -% -%
Growth return 0.47% 0.47% -4.94% 18.57% 7.89% 2.08% -% -%
Income return -% 0% 0% 0% 0% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 30 Jun 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
Alternatives
22.40%
Australian Equities
3.95%
International Equities
6.69%
Cash
44.84%
Property & Infrastructure
1.44%
Fixed Interest
20.69%

General Information

Fund Details
Type Description
Blue Sky Private Equities Better Medical Fund
Closed
BSP8486AU
Miscellaneous
Not Rated
Investment Fund
12 May 2017
n/a
$1.06369 (as at 30 Jun 2020)
$1.06369 (as at 30 Jun 2020)
Finalised
Offer information
Type Description
Minimum initial investment $50,000
Minimum additional investments

FAQs about the Blue Sky Private Equities Better Medical Fund

The objective of the Blue Sky Private Equities Better Medical Fund managed fund is The Blue Sky Private Equity Better Medical Fund (the 'Fund') offers Investors the opportunity to invest in Better Medical ('BM' or the 'Company'), a group of general practice medical centres in Adelaide.

The strategy of the Blue Sky Private Equities Better Medical Fund managed fund is BM was established by Nick Wells and Marcus Jansen in 2014 with the objective of developing Australia's leading group of private billing general practice ('GP') clinics in Australia, particularly for small to medium sized, community-focused practices. The Company has grown to six clinics, and has almost doubled the earnings of acquired centres by successfully integrating those centres into the group. BM is led by an experienced management team that are each responsible for different growth drivers within the business.

The APIR code of the Blue Sky Private Equities Better Medical Fund managed fund is BSP8486AU.

Blue Sky Private Equities Better Medical Fund’s total return last month was -%. This was made up of a growth return of 0.47% and an income return of -%. These returns were calculated as at 30 Jun 2020.

Blue Sky Private Equities Better Medical Fund’s total return for the last three months was 0.47%. This was made up of a growth return of 0.47% and an income return of 0%%. These returns were calculated as at 30 Jun 2020.

Blue Sky Private Equities Better Medical Fund’s one-year total return is 18.57%. This was made up of a growth return of 18.57% and an income return of 0%. These returns were calculated as at 30 Jun 2020.

Blue Sky Private Equities Better Medical Fund’s one-year total return is -%. This was made up of a growth return of 2.08% and an income return of -%. These returns were calculated as at 30 Jun 2020.

The asset allocation of the Blue Sky Private Equities Better Medical Fund managed fund is :

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

The Blue Sky Private Equities Better Medical Fund managed fund belongs to the Miscellaneous sector/asset class.

As at , the size of the Blue Sky Private Equities Better Medical Fund managed fund was $ million.

The Blue Sky Private Equities Better Medical Fund managed fund has an inception date of 12 May 2017.

The current entry price of the Blue Sky Private Equities Better Medical Fund managed fund is $1.06369 per unit and the current exit price is $1.06369 per unit (as at 30 Jun 2020).

The current exit price of the Blue Sky Private Equities Better Medical Fund managed fund is $1.06369 per unit and the current entry price is $1.06369 per unit (as at 30 Jun 2020).

The minimum initial investment amount for the Blue Sky Private Equities Better Medical Fund managed fund is $50,000. Minimum additional investment is $0.

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.