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  5. Watermark Market Neutral Trust A - Managed fund profile

Watermark Market Neutral Trust A - Managed Fund

Fund Objective
The Fund aims to deliver consistent positive rates of return with relatively low volatility, whilst maintaining little or no net exposure to the underlying equity market.
Fund Strategy
The Fund is an equity market neutral product which invests in, or short sells, shares of companies listed on exchanges including but not limited to the Australian Securities Exchange (ASX).

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 -0.02% -5.01% 2.42% -9.17% -0.74% 2.8% 0.57% 4.59%
Growth return -4.88% 0.05% -8.39% -16.82% -3.9% -1.55% -1.43% 0.86%
Income return 4.86% -5.06% 10.81% 7.65% 3.16% 4.35% 2% 3.73%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.94% 1.97% 4.22% 4.27% 3.91% 2.4% 2.03%
As at 30 Apr 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Watermark Market Neutral Trust A
Australian Equities
100%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
4.45%
International Equities
7.41%
Cash
43.40%
Property & Infrastructure
1.93%
Fixed Interest
17.74%
Alternatives
25.07%

General Information

Fund Details
Type Description
Watermark Market Neutral Trust A (Wholesale)
Equity Trustees Ltd
WMF0001AU
Alternative - Other
Not Rated
Investment Fund
1 Aug 2012
n/a
$1.2287 (as at 10 May 2023)
$1.2213 (as at 10 May 2023)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.52% (as at 30 Jun 2019)
Performance fee (not included in ICR) 0
Minimum initial investment $50,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 30 Apr 2020)

Holding (as at 30 Apr 2020) Type % of Portfolio
Coca-Cola Amatil Ltd Equity 82.31%
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FAQs about the Watermark Market Neutral Trust A

The objective of the Watermark Market Neutral Trust A managed fund is The Fund aims to deliver consistent positive rates of return with relatively low volatility, whilst maintaining little or no net exposure to the underlying equity market.

The strategy of the Watermark Market Neutral Trust A managed fund is The Fund is an equity market neutral product which invests in, or short sells, shares of companies listed on exchanges including but not limited to the Australian Securities Exchange (ASX).

The APIR code of the Watermark Market Neutral Trust A managed fund is WMF0001AU.

Watermark Market Neutral Trust A’s total return last month was -0.02%. This was made up of a growth return of -4.88% and an income return of 4.86%. These returns were calculated as at 30 Apr 2023.

Watermark Market Neutral Trust A’s total return for the last three months was -5.01%. This was made up of a growth return of 0.05% and an income return of -5.06%%. These returns were calculated as at 30 Apr 2023.

Watermark Market Neutral Trust A’s one-year total return is -9.17%. This was made up of a growth return of -16.82% and an income return of 7.65%. These returns were calculated as at 30 Apr 2023.

Watermark Market Neutral Trust A’s one-year total return is 2.8%. This was made up of a growth return of -1.55% and an income return of 4.35%. These returns were calculated as at 30 Apr 2023.

The asset allocation of the Watermark Market Neutral Trust A managed fund is :

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

The Responsible Entity for the Watermark Market Neutral Trust A managed fund is Equity Trustees Ltd.

The Watermark Market Neutral Trust A managed fund belongs to the Alternative - Other sector/asset class.

As at , the size of the Watermark Market Neutral Trust A managed fund was $ million.

The Watermark Market Neutral Trust A managed fund has an inception date of 1 Aug 2012.

The current entry price of the Watermark Market Neutral Trust A managed fund is $1.2287 per unit and the current exit price is $1.2213 per unit (as at 10 May 2023).

The current exit price of the Watermark Market Neutral Trust A managed fund is $1.2213 per unit and the current entry price is $1.2287 per unit (as at 10 May 2023).

The minimum initial investment amount for the Watermark Market Neutral Trust A managed fund is $50,000. Minimum additional investment is $5000.

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.