Fund

Bennelong Concentrated Australian Equities Fund

The Bennelong Concentrated Australian Equities Fund primarily selects stocks from the S&P/ASX 300 Accumulation Index.Investors are offered a portfolio that holds between 20 and 35 of the team’s best high-conviction picks. The Fund’s objective is to grow the investment value over the long term via a combination of capital growth and income, by investing in a diversified portfolio of Australian shares, providing a total return that exceeds the S&P/ASX 300 Accumulation Index by 4% per annum (after fees) on a rolling three-year basis.

APIR code

BFL0002AU

Benchmark

S&P/ASX 300 Accumulation Index

Portfolio manager

Mark East

Stock range

20-35

Active stock limit

± 10%

Cash limit

0-10%

Client risk profile

Growth

Investment team

Bennelong Australian Equity Partners

Investment style

Core

Responsible Entity

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

Recommended investment period

Long term (minimum five years)

Inception date

30 January 2009

Fees and charges

Management fee: 0.85% p.a. of Net Asset Value

Performance fee: 15% of any amount by which the Fund's return is more than 2% greater than the return generated by the S&P/ASX 300 Accumulation Index

Investment amount

Initial investment minimum: $10,000

Withdrawal minimum: $5,000

Subject to the Responsible Entity's absolute discretion

Performance

Performance summary

As at 31 May 2019

 
Fund
Benchmark
Value add

1 mnth

3 mnths

6 mnths

1 yr

3 yrs (pa)

5 yrs (pa)

Since inception*

-2.09%

2.46%

7.19%

-8.59%

9.48%

13.45%

15.95%

1.75%

5.01%

15.37%

10.93%

10.57%

7.78%

10.68%

-3.84%

-2.56%

-8.18%

-19.52%

-1.09%

5.67%

5.27%

Performance figures are net of fees and expenses.
*Inception date is 30/01/2009. Since inception figures are calculated on a p.a. basis.

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31 May 2019

30 April 2019

31 March 2019 (quarterly report)

Performance history

Prices

Application 2.1093
Redemption 2.0988
Effective date 19 June 2019
 

Unit price history

How to invest

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Direct investment

Investments can be made directly to Bennelong via a Product Disclosure Statement (PDS) application form.

Minimum investment amount: $10,000

Recommended investment period: 5 years plus

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Via a platform

A platform bundles together a range of managed funds and investments into a single product. This provides investors consolidated and centralised reporting. Our funds appear on a variety of third party platforms.

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Via mFund

Operated by the ASX, mFund enables investors to use a broker or financial adviser to buy and sell units in a selection of unlisted managed funds. Using the same system which drives ASX share transactions, mFund replaces the traditional paper-based process.

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Distribution history

30 June 2019 Distribution timetable

CUM prices available

1/07/2019

CPU distribution rate available

4/07/2019

Ex prices available

4/07/2019

Payment of cash distribution

10/07/2019

Transaction statements sent to unitholders

9/07/2019

Tax statements sent to unitholders

18/07/2019

Distribution summary

31 December 2018 distribution CPU (cents)

1.5701

CUM distribution exit price ($AUD)

1.8467

Ex distribution exit price ($AUD)

1.8310

Ex distribution NAV price used for reinvestment ($AUD)

1.8356

Distribution analysis

30 June 2017

31 December 2016

30 June 2016 

30 June 2015

30 June 2014

30 June 2013

30 June 2012

 


View all Bennelong Australian Equity Partners funds