The Bennelong Concentrated Australian Equities Fund is a portfolio of BAEP’s best high-conviction picks. It aims to grow investment value over the long term via a combination of capital growth and income, by investing in a diversified portfolio of Australian shares. It typically holds 20-35 stocks, primarily from the S&P/ASX 300 Accumulation Index.
Select from the tabs below to learn more about the fund.
|Benchmark||S&P/ASX 300 Accumulation Index|
|Active stock limit||± 10%|
|Portfolio manager||Mark East|
|Client risk profile||Growth|
|Investment team||Bennelong Australian Equity Partners|
|Responsible Entity||Bennelong Funds Management Ltd
Level 1, 9 Queen St, Melbourne
|Target market||See Target Market Determination|
|Recommended investment period||Long term (minimum five years)|
|Investment objectives||Capital growth|
|Fees and charges||Management fee: 0.85% p.a. of Net Asset Value
Performance fee: 15% of any amount by which the Fund's return is more than 2% greater than the return generated by the S&P/ASX 300 Accumulation 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.
|Inception date||30 January 2009|
|3 Years p.a.||18.03%||9.86%||8.17%|
|5 Years p.a.||17.22%||10.51%||6.71%|
|10 Years p.a.||18.70%||10.76%||7.94%|
|Since Inception p.a.**||17.79%||10.57%||7.22%|
To download performance history since inception, leave the date range blank and select download data.
*Performance figures are net of fees and expenses. Past fund performance is not indicative of future performance.
To download daily unit prices since inception, leave the date range blank and select download data.
All unit prices are in AUD. This information is issued by Bennelong Funds Management Limited (ABN 39 111 214 085, AFSL 296806) (BFML) in relation to the Bennelong Concentrated Australian Equities Fund. The information provided is general information only. It does not constitute financial, tax or legal advice or an offer or solicitation to subscribe for units in any fund of which BFML is the Trustee or Responsible Entity (Bennelong Fund). This information has been prepared without taking account of your objectives, financial situation or needs. Before acting on the information or deciding whether to acquire or hold a product, you should consider the appropriateness of the information based on your own objectives, financial situation or needs or consult a professional adviser. You should also consider the relevant Information Memorandum (IM) and or Product Disclosure Statement (PDS) which is available on the BFML website, bennfundsmanagement.com.au, or by phoning 1800 895 388. BFML may receive management and or performance fees from the Bennelong Funds, details of which are also set out in the current IM and or PDS. BFML and the Bennelong Funds, their affiliates and associates accept no liability for any inaccurate, incomplete or omitted information of any kind or any losses caused by using this information. All investments carry risks. There can be no assurance that any Bennelong Fund will achieve its targeted rate of return and no guarantee against loss resulting from an investment in any Bennelong Fund. Past fund performance is not indicative of future performance. Bennelong Australian Equities Partners (ABN 69 131 665 122) is a Corporate Authorised Representative of Bennelong Funds Management Limited (BFML), ABN 39 111 214 085, Australian Financial Services Licence No. 296806.
|30 June 2021 distribution CPU (cents)||12.9184|
|CUM distribution exit price ($AUD)||3.0275|
|Ex distribution exit price ($AUD)||2.8986|
|Ex distribution NAV price used for reinvestment ($AUD)||2.9059|
|CUM prices available||1/07/2021|
|CPU distribution rate available||6/07/2021|
|Ex prices available||6/07/2021|
|Transaction statements sent to unitholders||16/07/2021|
|Payment of cash distribution||15/07/2021|
|Tax statements sent to unitholders||28/07/2021|