Fund

Bennelong Avoca Emerging Leaders Fund

The Bennelong Avoca Emerging Leaders Fund selects stocks from the S&P/ASX Small Ordinaries and S&P/ASX Mid-Cap 50 Indices, and typically holds between 30 and 50 stocks. The Fund holds small and mid-cap stocks that present significant growth opportunities; the investment team aims to add value by investing only in companies they believe can generate alpha.

APIR Code

BFL0008AU

Benchmark

S&P/ASX Small Ordinaries Accumulation Index

Portfolio managers

John Campbell/Jeremy Bendeich

Stock range

Typically 30-50 (maximum of 70 allowable)

Active stock limit

± 6%

Cash limit

0-10%

Client risk profile

Growth

Investment team

Avoca Investment Management

Responsible entity

Bennelong Funds Management Ltd
AFSL 296806
Level 1, 9 Queen St, Melbourne Vic 3000

Recommended investment period

Long term (five years plus)

Inception date

1 Jul 2011

Fees and charges

Management Fee: 1.25% p.a. (including GST net of reduced input tax credits) of Net Asset Value of the Fund.

Performance Fee: 17.5% (including GST net of reduced input tax credits) of any amount by which the Fund's investment return (before fees and expenses) is more than 1.25% p.a. greater than the return generated by the S&P/ASX Small Ordinaries Accumulation Index.

Investment amount

Initial Investment Minimum: $20,000

Withdrawal Minimum: $5,000

Subject to the Responsible Entity's absolute discretion.

Performance

Performance summary

As at 31 December 2017

 
Fund
Benchmark
Value add

1 mnth

3 mnths

6 mnths

1 yr

3 yrs (pa)

5 yrs (pa)

Since inception*

1.01%

10.09%

12.57%

12.99%

12.63%

7.62%

6.10%

3.20%

13.69%

18.70%

20.02%

14.36%

7.39%

4.52%

-2.19%

-3.60%

-6.13%

-7.02%

-1.74%

0.23%

1.58%

The Bennelong Avoca Emerging Leaders Fund's inception date is 01/07/2011; since inception returns are calculated on a p.a. basis.*

Download reports

If you’d like to receive the monthly reports directly into your inbox, please email us your request.

 

31 December 2017

30 November 2017

31 October 2017

Performance history

Prices

Application 1.0882
Redemption 1.0817
Effective date 18 January 2018
 

Unit price history

How to invest

Select an investor type
Step 1. Download and read offer documents

Product Disclosure Statement (PDS)

Additional Information Booklet

New Zealand Investors' Information (if applicable)

Step 2. Apply to invest

Download printable form

Step 3. Make a payment

You can make a payment by either:

  • Cheque:

    Please make cheques payable to ‘Bennelong Avoca Investments Application Account’, and include the investor’s name and address on the back of the cheque. Please note that Bennelong does not accept third party cheques.

    OR

  • Direct credit

    Payments by direct credit are to be made to the Custodian’s bank account.

    Bank: ANZ
    BSB: 836623021
    Account no: 836741722
    Account name: Bennelong Avoca Investments Application Account
    Deposit reference: Please include investor name

Step 4. Attach relevant identification documents

Once complete, please post the printed application form and relevant original certified identification documents and post directly to Bennelong care of our Administrator:

RBC I & TS
C/- Shareholder Services
GPO Box 4471
Sydney NSW 2001

Please also include your cheque, if applicable. The investment amount and the application form must be received no later than 2.00 pm Melbourne time in order to be processed on the same business day.
Step 5. Confirmation of application

Once received, a confirmation of receipt will be sent by the close of business the next day. It will be sent to the email or postal address provided in the application form.

Other ways to invest

Platform access:

  • BT Wrap;
  • Federation Managed Accounts
  • Hub 24;
  • Netwealth (Super Service, Wrap Service);
  • Oasis Wealthtrac; and
  • UBS.

This Fund is also available on the mFund Settlement Service.

Existing investor forms

Additional investment

Withdrawal request

Change of details

Step 1. Download and read offer documents

Product Disclosure Statement (PDS)

Additional Information Booklet

New Zealand Investors' Information (if applicable)

Prior to filling in the PDS Application Form, please ensure you have read and understood the Product Disclosure Statement (PDS) and Additional Information Booklet (AIB). Please note, our Client Services team can assist with general enquiries, but cannot make any product recommendations, or determine whether a fund will meet your personal needs. If you are uncertain about which of our funds is best for you, please consult your financial adviser.

Step 2. Apply to invest

Download printable form

Step 3. Make a payment

You can make a payment by either:

  • Cheque:

    Please make cheques payable to ‘Bennelong Avoca Investments Application Account’, and include the investor’s name and address on the back of the cheque. Please note that Bennelong does not accept third party cheques.

    OR

  • Direct credit

    Payments by direct credit are to be made to the Custodian’s bank account.

    Bank: ANZ
    BSB: 836623021
    Account no: 836741722
    Account name: Bennelong Avoca Investments Application Account
    Deposit reference: Please include investor name

Step 4. Attach relevant identification documents

Once complete, please post the printed application form and relevant original certified identification documents and post directly to Bennelong care of our Administrator:

RBC I & TS
C/- Shareholder Services
GPO Box 4471
Sydney NSW 2001

Please also include your cheque, if applicable. The investment amount and the application form must be received no later than 2.00 pm Melbourne time in order to be processed on the same business day.
Step 5. Confirmation of application

Once received, a confirmation of receipt will be sent by the close of business the next day. It will be sent to the email or postal address provided in the application form.

Other ways to invest

Platform access:

  • BT Wrap;
  • Federation Managed Accounts
  • Hub 24;
  • Netwealth (Super Service, Wrap Service);
  • Oasis Wealthtrac; and
  • UBS.

This Fund is also available on the mFund Settlement Service.

Existing investor forms

Additional investment

Withdrawal request

Change of details

Step 1. Download and read offer documents

Product Disclosure Statement (PDS)

Additional Information Booklet

New Zealand Investors' Information (if applicable)

Step 2. Apply to invest

Download printable form

Step 3. Make a payment

You can make a payment by either:

  • Cheque:

    Please make cheques payable to ‘Bennelong Avoca Investments Application Account’, and include the investor’s name and address on the back of the cheque. Please note that Bennelong does not accept third party cheques.

    OR

  • Direct credit

    Payments by direct credit are to be made to the Custodian’s bank account.

    Bank: ANZ
    BSB: 836623021
    Account no: 836741722
    Account name: Bennelong Avoca Investments Application Account
    Deposit reference: Please include investor name

Step 4. Attach relevant identification documents

Once complete, please post the printed application form and relevant original certified identification documents and post directly to Bennelong care of our Administrator:

RBC I & TS
C/- Shareholder Services
GPO Box 4471
Sydney NSW 2001

Please also include your cheque, if applicable. The investment amount and the application form must be received no later than 2.00 pm Melbourne time in order to be processed on the same business day.
Step 5. Confirmation of application

Once received, a confirmation of receipt will be sent by the close of business the next day. It will be sent to the email or postal address provided in the application form.

Other ways to invest

Platform access:

  • BT Wrap;
  • Federation Managed Accounts
  • Hub 24;
  • Netwealth (Super Service, Wrap Service);
  • Oasis Wealthtrac; and
  • UBS.

This Fund is also available on the mFund Settlement Service.

Existing investor forms

Additional investment

Withdrawal request

Change of details