About the Australian Masters Equity Fund
The key features and benefits set out in this section are a summary only and you should read the whole PDS before completing the Application Form as it contains important information about this investment opportunity. You should also consider seeking appropriate legal, taxation and financial advice before investing in the Fund.
| Australian Masters Equity Fund | Fund facts |
|---|---|
| Investment type | Listed Australian securities (via wholesale trusts or investment managers) |
| Investment sector | Diversified |
| Investment opportunity | The Fund will seek to utilise the expertise of a number of carefully chosen investment managers to take advantage of their specialist skills to increase the chances of positive returns from investments in ASX listed companies |
| Investment strategy | The Fund will primarily invest in a number of selected and professionally managed wholesale trusts or with wholesale investment managers, which, in turn, may invest in listed Australian equities, convertible notes, derivatives, and cash |
| Investment objective | The Fund aims to provide Investors with a return that exceeds the performance of the ASX300 accumulation index over five year rolling periods, before tax, but after fees and expenses of the Fund |
| Nature of investment return | It is intended Investors will be able to access a combination of investment returns, income distributions (such as franked dividends) and capital gains, over the medium to long term |
| Investment manager (IM) | Australian Masters Equity Management Pty Ltd |
| Initial portfolio | Amounts invested by Investors under this PDS will initially be invested in a number of wholesale investment trusts described in section 5 |
| Investment amounts | Minimum investment per Investor of $20,000, and thereafter in $1,000 multiples |
| Expected term of the Fund | The Fund is an open ended unit trust subject to not infringing the rule against perpetuities |
| Long term target Fund size | The RE does not intend to limit the size of the Fund |
| Gearing | The Fund does not utilise gearing. However, other wholesale trusts or investment managers that the Fund may invest in may use gearing, and it is usual for the ASX listed companies to which the Fund has an ultimate exposure to do so |
| Risks | There are risks associated with an investment in the Fund. The value of an investment in the Fund and the amount of income it generates may rise or fall and you may incur losses |
| Fees and other costs | There are fees and costs that apply to the Fund |
| Distribution reinvestment | Reinvestment is available |
| Distribution frequency | At least annually |
| Buy/Sell Spread | Buy Spread 0.5%, Sell Spread 0.5% |
| Redeeming your investment | You may apply to redeem your investment by providing notice in writing to the Responsible Entity. However, time and availability limitations may apply |
| Cooling off | You are generally entitled to a 14 day cooling off period |
