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
Cash limit
0-15%
Client objective
Income and protection
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
Target Market Determination (TMD)
Key Risks
All investments are subject to risk which means the value of investments may rise or fall, which means that you may receive back less than your original investment or you may not receive targeted income. The key risks associated with investing in the Fund include liquidity risk, investment risk, credit and default risk, credit margin risk, investment strategy risk, related party risk, legal and regulatory risk (amended as required). Refer to section 4 of the PDS for a comprehensive summary of potential risks.

Performance

July 2022 – Wholesale investors only

 1 mnth3 mnths6 mnths1 yr3 yrs (pa)5 yrs (pa)Since inception p.a
Income0.00%2.19%3.78%6.91%7.43%7.71%7.43%
Growth2.40%(1.04%)(9.23%)(11.56%)(3.33%)(0.18%)(1.16%)
Total Fund return2.40%1.15%(5.44%)(4.65%)4.10%7.53%6.26%
Risk (Beta)*0.390.420.490.59
Benchmark**6.40%0.62%(8.76%)(4.39%)9.24%11.87%10.51%
RBA+2.5%***0.31%0.83%1.65%2.78%2.86%3.34%3.32%

Performance figures are net of fees and expenses. Inception date is 26 May 2017.
*Risk is defined as Beta and sourced from Morningstar Direct. A Beta of 1.00 represents equivalent risk to the Benchmark. A minimum of 12 months data is required for this calculation.
**Benchmark is the MSCI World ex Australia Index.
*** RBA+2.5% represents equity returns with half the Equity Risk Premium.

Past fund performance is not indicative of future performance.

Download reports

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

Prices

For latest prices, please download the price file.

Distribution Information

June 30, 2022 distribution CPU (cents)
2.04c
CUM distribution exit price ($AUD)
0.9367
Ex distribution exit price ($AUD)
0.9163
Ex distribution price used for reinvestment ($AUD)
0.9191

Distribution Timetable

CUM prices available
7th July 2022
CPU distribution rate available
7th July 2022
Ex prices available
14th July 2022
Payment of cash distribution
18th July 2022
Distribution statements sent to unitholders
22nd July 2022
APIR code
BFL3446AU
Benchmark
MSCI World Index (ex-Australia)
Portfolio manager
Alastair MacLeod
Reporting currency
AUD unhedged
Stock range
50-100
Cash limit
0-15%
Client objective
Income and protection
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
Target Market Determination (TMD)
Key Risks
All investments are subject to risk which means the value of investments may rise or fall, which means that you may receive back less than your original investment or you may not receive targeted income. The key risks associated with investing in the Fund include liquidity risk, investment risk, credit and default risk, credit margin risk, investment strategy risk, related party risk, legal and regulatory risk (amended as required). Refer to section 4 of the PDS for a comprehensive summary of potential risks.

Disclaimer

This website is issued by The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL 235 150 (Perpetual) as responsible entity for Wheelhouse Global Equity Income Fund ARSN 621 200 119 and Wheelhouse Australian Enhanced Income Fund ARSN 645 749 131 (Trusts). This website is prepared by Wheelhouse Investment Partners Pty Ltd ABN 26 618 156 200 (Manager) as the investment manager of the Trusts. Wheelhouse Investment Partners Pty Ltd is an authorised representative of Perpetual Corporate Trust Limited  (ABN 99 000 341 533) AFSL 392673.

The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Trust, you should consider the current Product Disclosure Statement (PDS) of the Trusts.

Neither Perpetual nor the Manager guarantee repayment of capital or any particular rate of return from the Trusts. Neither Perpetual nor the Manager gives any representation or warranty as to the reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgements of the Manager as at the date of this website and are subject to change without notice. Past performance is not a reliable indicator of future performance.