Index unaware approach to investing in quality companies at reasonable prices
- Aim is improved long-term investor returns, while also providing downside protection in adverse markets
- Belief that successful long-term investing is a combination of art and science – combining robust data and methodical processes with experienced, balanced judgement
- Approach to investing is based on the consideration of both investment risk (quality) and expected return (price), producing a portfolio that is style unaware and can include both value and growth securities
- Combination of bottom-up fundamental analysis and an index unaware approach to capital allocation
| APIR code | BFL0021AU |
| Benchmark | S&P/ASX 300 Accumulation Index |
| Portfolio manager | Jack Chemello, Suellen Morgan, Mary Feros |
| Client risk profile | Income and growth |
| Recommended investment period | Long term (minimum five years) |
| Fees and charges | Management fee: 0.85% p.a. of Net Asset Value. Performance fee: 10% (including GST net of reduced input tax credits) of any amount by which the investment return of the Fund (before payment of Management Fees and Expenses) exceeds the performance of its benchmark by more than 2% p.a., subject to a High Water Mark. Other expenses and indirect costs may also apply. Please refer to the PDS for more information. |
| Investment amount | Initial investment minimum: $25,000 Minimum additional investment amount: $5,000 Withdrawal minimum: $5,000 Subject to the Responsible Entity's absolute discretion. |
| Inception date | 04 April 2016 |
| Fund | Benchmark* | Value add | |
| 1 Month | 0.57% | -0.76% | 1.33% |
| 3 Months | 2.88% | 3.88% | -0.99% |
| 6 Months | 2.01% | 2.87% | -0.86% |
| 1 Year | 7.48% | 8.96% | -1.48% |
| 3 Years p.a. | 12.33% | 10.51% | 1.82% |
| 5 Years p.a. | 6.21% | 6.99% | -0.78% |
| Since Inception p.a.** | 9.08% | 9.53% | -0.46% |
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.
| Application | 1.2074 |
| Redemption | 1.2026 |
| Effective date | 03/10/2023 |
Inception date: 4th April 2016
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 Touchstone Index Unaware 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. Touchstone Asset Management (ABN 34 605 911 519) is a Corporate Authorised Representative of Bennelong Funds Management Limited (BFML), ABN 39 111 214 085, Australian Financial Services Licence No. 296806.
| 30 June 2023 distribution CPU (cents) | 5.2922 |
| CUM distribution exit price ($AUD) | 1.2770 |
| Ex distribution exit price ($AUD) | 1.2241 |
| Ex distribution NAV price used for reinvestment ($AUD) | 1.2266 |
| CUM prices available | 3/07/2023 |
| CPU distribution rate available | 7/07/2022 |
| Ex prices available | 7/07/2022 |
| Payment of cash distribution | 17/07/2023 |
| Distribution statements sent to unitholders | 13/07/2023 |
| Transaction statements sent to unitholders | 17/07/2023 |
| Tax statements sent to unitholders | 20/07/2023 |
Below is the consolidated distribution analysis for all Bennelong funds.
