MF – EC – Fund overview

DNR Capital Australian Emerging Companies Fund

Fund overview

 

Issuer and responsible entityThe Trust Company (RE Services) Limited as part of the Perpetual Limited group of companies
Investment managerDNR Capital Pty Ltd
Investment biasStyle neutral with a quality focus
Designed forInvestors seeking a medium-to-longer term investment focused on achieving growth, with less focus on generating excess income. The investor is prepared to accept higher volatility in pursuit of higher growth.
Investment objectiveThe Fund’s investment objective is to invest in a portfolio of Australian emerging companies that aims to outperform the Benchmark (net of fees) over a rolling five -year period. The investment objective is not a forecast of the Fund’s performance.
BenchmarkS&P/ASX Small Ordinaries Accumulation Index
InvestmentsAustralian equities and cash
Investment constraintsThe Fund will not invest in derivatives.
Investment guidelinesMaximum exposure to an individual security is 15% of Fund NAV.
Minimum exposure of 60% of the Fund NAV to be invested in the S&P/ASX Small Ordinaries.
Asset allocation Australian equities – 80-100%
Cash – 0-20%
Number of securities held in the FundMin 20 – Max 45
Minimum suggested investment timeframe5 years
Buy/sell spread+0.30% / - 0.30%
Management fee1.15% p.a. (inclusive of GST and RITC)
Performance fee20% on outperformance of the Fund's benchmark
Minimum investment amount$20,000
Minimum additional investment amount$5,000
Minimum withdrawal amount$5,000
Valuation and unit pricing frequencyEach business day
Application frequencyEach business day
Withdrawal frequencyEach business day
Distribution frequencySemi-annual
Distribution payment methodDirect deposit or reinvestment

 

 

 

 

 

 

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