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 August 2020

1 mnth
3 mnths
6 mnths
1 yr
3 yrs (pa)
Since inception p.a
Income
0.00%
1.81%
3.17%
6.01%
7.42%
6.81%
Growth
(0.22%)
(6.20%)
(6.34%)
(5.51%)
1.61%
0.14%
Total Fund return
(0.22%)
(4.39%)
(3.17%)
0.50%
9.03%
6.96%
Benchmark*
3.47%
2.93%
1.11%
6.73%
12.58%
10.30%
Market Risk (Beta)**
0.35
0.51
0.60

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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Prices

For latest prices, please download the price file.

Distribution Information

30 June 2020 distribution CPU (cents)
1.9799
CUM distribution exit price ($AUD)
1.0424
Ex distribution exit price ($AUD)
1.0227
Ex distribution NAV price used for reinvestment ($AUD)
1.0257

Distribution Timetable

CUM prices available
1 October 2020
CPU distribution rate available
2 October 2020
Ex prices available
3 October 2020
Payment of cash distribution
6 October 2020
Distribution statements sent to unitholders
6 October 2020