InvestSMART

Yarra Market Neutral - Managed Fund (Closed)

Fund Objective
To outperform the RBA Cash Rate (after fees) over rolling 5-year periods.
Fund Strategy
The fund will seek to provide investors with a return profile that is consistent and uncorrelated to other asset classes. The fund is an absolute return fund that aims to generate positive returns in all market environments by reducing the majority of market risk, focussing on capital preservation and exploiting individual stock mispricings. The fund will utilise fundamental research to achieve this.

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 0.17% 4.21% 2.64% 0.23% -2.35% -0.55% -% -%
Growth return 0.17% 3.58% 2.02% -0.38% -6.86% -5.72% -% -%
Income return 0% 0.63% 0.62% 0.61% 4.51% 5.17% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 31 Jul 2023. 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
20.29%
Australian Equities
3.92%
International Equities
7.25%
Cash
46.29%
Property & Infrastructure
1.84%
Fixed Interest
20.41%

General Information

Fund Details
Type Description
Yarra Market Neutral
Closed
Perpetual Trust Services Limited
PER2486AU
Alternative - Other
Not Rated
Investment Fund
1 Jun 2019
$5.58 million (as at 31 Jul 2023)
$0.9519 (as at 15 Aug 2023)
$0.9472 (as at 15 Aug 2023)
Finalised
Offer information
Type Description
MER 1.55% (as at 18 Sep 2023)
Minimum initial investment $10,000.00
Minimum additional investments $25,000

FAQs about the Yarra Market Neutral

The objective of the Yarra Market Neutral managed fund is To outperform the RBA Cash Rate (after fees) over rolling 5-year periods.

The strategy of the Yarra Market Neutral managed fund is The fund will seek to provide investors with a return profile that is consistent and uncorrelated to other asset classes. The fund is an absolute return fund that aims to generate positive returns in all market environments by reducing the majority of market risk, focussing on capital preservation and exploiting individual stock mispricings. The fund will utilise fundamental research to achieve this.

The APIR code of the Yarra Market Neutral managed fund is PER2486AU.

Yarra Market Neutral’s total return last month was 0.17%. This was made up of a growth return of 0.17% and an income return of 0%. These returns were calculated as at 31 Jul 2023.

Yarra Market Neutral’s total return for the last three months was 4.21%. This was made up of a growth return of 3.58% and an income return of 0.63%%. These returns were calculated as at 31 Jul 2023.

Yarra Market Neutral’s one-year total return is 0.23%. This was made up of a growth return of -0.38% and an income return of 0.61%. These returns were calculated as at 31 Jul 2023.

Yarra Market Neutral’s one-year total return is -0.55%. This was made up of a growth return of -5.72% and an income return of 5.17%. These returns were calculated as at 31 Jul 2023.

The asset allocation of the Yarra Market Neutral managed fund is :

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

The Responsible Entity for the Yarra Market Neutral managed fund is Perpetual Trust Services Limited.

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

As at 31 Jul 2023, the size of the Yarra Market Neutral managed fund was $5.58 million.

The Yarra Market Neutral managed fund has an inception date of 1 Jun 2019.

The current entry price of the Yarra Market Neutral managed fund is $0.9519 per unit and the current exit price is $0.9472 per unit (as at 15 Aug 2023).

The current exit price of the Yarra Market Neutral managed fund is $0.9472 per unit and the current entry price is $0.9519 per unit (as at 15 Aug 2023).

The minimum initial investment amount for the Yarra Market Neutral managed fund is $10,000. Minimum additional investment is $25000.

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.