Wheelhouse Global Equity Income Fund
Fund
The Wheelhouse Global Equity Income Fund is designed to deliver a 7-8% income return, plus some capital growth, while assuming 40-50% less risk than the equity Benchmark.
APIR code | BFL3446AU |
Benchmark | MSCI World Index (ex-Australia) |
Portfolio manager | Alastair MacLeod |
Reporting currency | AUD unhedged |
Stock range | 50-100 |
Active stock limit | ± 10% |
Cash limit | 0-15% |
Client risk profile | Income and growth |
Investment team | Wheelhouse Partners |
Strategy | Buywrite overlay with tail protection |
Research Ratings | |
Responsible Entity | The Trust Company (RE Services) Limited (Perpetual)
AFSL 23510
Level 18 Angel Place, 123 Pitt St, Sydney NSW |
Recommended investment period | Long term (minimum five years) |
Inception date | 26 May 2017 |
Fees and charges | Management fee: 0.79% p.a. (including GST net of reduced input tax credits) There is no performance fee 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: $5,000 Subject to the Responsible Entity’s absolute discretion |
Performance
As at 31 October 2020
1 mnth | 3 mnths | 6 mnths | 1 yr | 3 yrs (pa) | Since inception p.a | |
|---|---|---|---|---|---|---|
Income | 0.00% | 1.98% | 3.79% | 6.67% | 7.60% | 7.08% |
Growth | 0.28% | (0.25%) | (4.28%) | (4.13%) | 0.07% | 0.13% |
Total Fund return | (0.28%) | 1.73% | (0.50%) | 2.54% | 7.67% | 7.21% |
Benchmark* | (1.13%) | 1.73% | (0.50%) | 2.54% | 7.67% | 7.21% |
Market Risk (Beta)** | – | – | – | 0.33 | 0.49 | 0.59 |
Performance figures are net of fees and expenses. Inception date is 26 May 2017.
*Benchmark is the MSCI World Index ex Australia.
**Market Risk is defined as Beta and sourced from Morningstar Direct. A Beta of 1.00 represents equivalent market risk to the Benchmark. A minimum of 12 months data is required for the calculation.
Past fund performance is not indicative of future performance.
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Distribution Information
30 September 2020 distribution CPU (cents) | 2.000 |
CUM distribution exit price ($AUD) | 1.0241 |
Ex distribution exit price ($AUD) | 1.0042 |
Ex distribution NAV price used for reinvestment ($AUD) | 1.0072 |
Distribution Timetable
CUM prices available | 5th January 2021 |
CPU distribution rate available | 5th January 2021 |
Ex prices available | 6th January 2021 |
Payment of cash distribution | 8th January 2021 |
Distribution statements sent to unitholders | 8th January 2021 |
