Bennelong ex-20 Australian Equities Fund

The Bennelong ex-20 Australian Equities Fund primarily selects stocks from the S&P/ASX 300 Accumulation Index excluding those from the S&P/ASX 20 Leaders Index. Recognising that 67% of the S&P/ASX 300 Accumulation Index is concentrated in the top 20 stocks, the Fund seeks lesser known opportunities, outside the ubiquitous 'mega-cap' stocks, in order to add value and complement investors’ existing Australian equities holdings.

APIR code



S&P/ASX 300 Accumulation Index excluding S&P/ASX 20 Leaders Index

Portfolio manager

Mark East

Stock range


Active stock limit

± 10%

Cash limit


Client risk profile


Investment team

Bennelong Australian Equity Partners

Investment style


Responsible Entity

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

Recommended investment period

Long term (minimum five years)

Inception date

2 November 2009

Fees and charges

Management fee: 0.95% p.a. of Net Asset Value

Performance fee: 15% of any amount by which the Fund's return (before payment of the management fee) is greater than the return generated by the S&P/ASX 300 Accumulation Index, excluding that part of the return generated by stocks within the S&P/ASX 20 Leaders Index

Other expenses and indirect costs may also apply. Please refer to the PDS for more information.

Investment amount

Initial investment minimum: $10,000

Withdrawal minimum: $5,000

Subject to the Responsible Entity's absolute discretion


Performance summary

As at 30 April 2020

Value add

1 mnth

3 mnths

1 yr

3 yrs (pa)

5 yrs (pa)

10 yrs (pa)

Since inception**






















Performance figures are net of fees and expenses.
*Benchmark is the S&P/ASX 300 Accumulation Index excluding S&P/ASX 20 Leaders Index.
**Inception date is 02/11/2009. Since inception figures are calculated on a p.a. basis.

 Past fund performance is not indicative of future performance.

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30 April 2020

31 March 2020 (quarterly report)

29 February 2020

Performance history


Application 2.4245
Redemption 2.4124
Effective date 29 May 2020

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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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 information

Distribution summary

31 December 2019 distribution CPU (cents) 1.6328
CUM distribution exit price ($AUD) 2.4982
Ex distribution exit price ($AUD) 2.4819
Ex distribution NAV price used for reinvestment ($AUD) 2.4881

Distribution timetable

CUM prices available 2 Jan 2020
CPU distribution rate available 3 Jan 2020
Ex prices available 3 Jan 2020
Payment of cash distribution  9 Jan 2020
Distribution statements sent to unitholders 7 Jan 2020

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

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