Wheelhouse Global Equity Income Fund
Fund
The Wheelhouse Global Equity Income Fund is a low-volatility strategy designed with an absolute return profile. The fund targets equity returns, comprised mostly of income.
APIR code | BFL3446AU |
Benchmark | MSCI World Index (ex-Australia) |
Volatility since inception | 7.9% |
Portfolio manager | Alastair MacLeod and Andrew MacLeod |
Reporting currency | AUD |
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: $5,000 Subject to the Responsible Entity’s absolute discretion |
Target Market Determination (TMD) | |
Key Risks | All investments are subject to risk which means the value of investments may rise or fall, which means that you may receive back less than your original investment or you may not receive targeted income. The key risks associated with investing in the Fund include liquidity risk, investment risk, credit and default risk, credit margin risk, investment strategy risk, related party risk, legal and regulatory risk (amended as required). Refer to section 4 of the PDS for a comprehensive summary of potential risks. |
Performance
February 2023
| 1 mnth | 3 mnths | 6 mnths | 1 yr | 3 yrs (pa) | 5 yrs (pa) | Since inception p.a | |
|---|---|---|---|---|---|---|---|
| Income | 0.00% | 1.89% | 4.11% | 7.96% | 7.75% | 7.97% | 7.40% |
| Growth | 0.75% | (1.61%) | 3.72% | (4.02%) | (3.81%) | (0.99%) | (0.80%) |
| Total Fund return | 0.75% | 0.28% | 7.82% | 3.94% | 3.95% | 6.97% | 6.60% |
| Risk (Beta)* | – | – | – | 0.43 | 0.40 | 0.48 | 0.60 |
| Benchmark** | 2.09% | (0.65%) | 5.73% | (0.48%) | 8.27% | 10.06% | 9.98% |
| RBA+2.5%*** | 0.45% | 1.34% | 2.63% | 4.32% | 3.22% | 3.46% | 3.54% |
Performance figures are net of fees and expenses. Inception date is 26 May 2017.
*Risk is defined as Beta and sourced from Morningstar Direct. A Beta of 1.00 represents equivalent risk to the Benchmark. A minimum of 12 months data is required for this calculation.
**Benchmark is the MSCI World ex Australia Index.
*** RBA+2.5% represents equity returns with half the Equity Risk Premium.
Past fund performance is not indicative of future performance.
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ROA/SOA Template
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Distribution Information
December 31, 2022 distribution CPU (cents) | 1.80c |
CUM distribution exit price ($AUD) | 0.9152 |
Ex distribution exit price ($AUD) | 0.9333 |
Ex distribution price used for reinvestment ($AUD) | 0.9361 |
Distribution Timetable
CUM prices available | 9th Jan 2023 |
CPU distribution rate available | 9th Jan 2023 |
Ex prices available | 11th Jan 2023 |
Payment of cash distribution | 13th Jan 2023 |
Distribution statements sent to unitholders | 13th Jan 2023 |
Disclaimer
The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL 235 150 (Perpetual) is the 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 , AFSL 541328.
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.
