Watermark Absolute Return - Managed Fund (Closed)

Fund Performance Comparison

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Peers

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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	-6.48%	-5.55%	-8.4%	-9.36%	-3.73%	-0.39%	-%	-%
Growth return	-1.17%	-3.02%	-9.28%	-9.38%	-3.12%	-1.3%	-%	-%
Income return	-5.31%	-2.53%	0.88%	0.02%	-0.61%	0.91%	-%	-%
Market index (S&P/ASX 200 TR AUD)
Total return	1.15%	-4.03%	3.01%	6.89%	10.08%	11.02%	8.1%	9.1%

As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Watermark Absolute Return

Australian Equities: 95%

Cash: 5%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 96.31%

Cash: -0.71%

International Equities: 3.75%

Property & Infrastructure: 1.14%

Fixed Interest: -0.46%

Alternatives: -0.02%

General Information

Fund Details

Type	Description
Fund Name	Watermark Absolute Return
Fund Status	Closed
Responsible Entity	Equity Trustees Ltd
APIR Code	ETL8732AU
Sector/Asset Class	Equity Australia Long Short
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	30 Apr 2019
Fund Size	$27.19 million (as at 28 Feb 2021)
Entry Price	$0.9527 (as at 28 Feb 2023)
Exit Price	$0.947 (as at 28 Feb 2023)
Fund Status	Finalised

Offer information

Type	Description
MER	1.30% (as at 1 Jun 2021)

Top 10 holdings (as at 30 Apr 2020)

Holding (as at 30 Apr 2020)	Type	% of Portfolio
Coca-Cola Amatil Ltd	Equity	91.39%
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FAQs about the Watermark Absolute Return

What is the objective of the Watermark Absolute Return managed fund?

The objective of the Watermark Absolute Return managed fund is

What is the strategy for the Watermark Absolute Return managed fund?

The strategy of the Watermark Absolute Return managed fund is

What is the APIR code of the Watermark Absolute Return managed fund?

The APIR code of the Watermark Absolute Return managed fund is ETL8732AU.

What was Watermark Absolute Return’s total return last month?

Watermark Absolute Return’s total return last month was -6.48%. This was made up of a growth return of -1.17% and an income return of -5.31%. These returns were calculated as at 28 Feb 2023.

What was Watermark Absolute Return’s total return for the last three months?

Watermark Absolute Return’s total return for the last three months was -5.55%. This was made up of a growth return of -3.02% and an income return of -2.53%%. These returns were calculated as at 28 Feb 2023.

What is Watermark Absolute Return’s one-year total return?

Watermark Absolute Return’s one-year total return is -9.36%. This was made up of a growth return of -9.38% and an income return of 0.02%. These returns were calculated as at 28 Feb 2023.

What is Watermark Absolute Return’s three-year total return?

Watermark Absolute Return’s one-year total return is -0.39%. This was made up of a growth return of -1.3% and an income return of 0.91%. These returns were calculated as at 28 Feb 2023.

What is the asset allocation of the Watermark Absolute Return managed fund?

The asset allocation of the Watermark Absolute Return managed fund is :

Australian Equities: 95%

Cash: 5%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Watermark Absolute Return managed fund?

The Responsible Entity for the Watermark Absolute Return managed fund is Equity Trustees Ltd.

What sector/asset class does the Watermark Absolute Return managed fund belong to?

The Watermark Absolute Return managed fund belongs to the Equity Australia Long Short sector/asset class.

What is the size of the Watermark Absolute Return managed fund?

As at 28 Feb 2021, the size of the Watermark Absolute Return managed fund was $27.19 million.

What is the inception date of the Watermark Absolute Return managed fund?

The Watermark Absolute Return managed fund has an inception date of 30 Apr 2019.

What is the current entry price of the Watermark Absolute Return managed fund?

The current entry price of the Watermark Absolute Return managed fund is $0.9527 per unit and the current exit price is $0.947 per unit (as at 28 Feb 2023).

What is the current exit price of the Watermark Absolute Return managed fund?

The current exit price of the Watermark Absolute Return managed fund is $0.947 per unit and the current entry price is $0.9527 per unit (as at 28 Feb 2023).

What is the minimum investment amount for the Watermark Absolute Return managed fund?

The minimum initial investment amount for the Watermark Absolute Return managed fund is $.

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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