Alphinity Global Equity Fund (Managed Fund) (ASX:XALG)
Fund Overview
We seek to invest in leader global companies at the right time. A high conviction, diversified portfolio of quality global listed companies identified as undervalued as they enter an earnings upgrade cycle. The Fund provides access to global opportunities and diversification not readily available to individual Australian investors.
Consistent returns
Aims to provide consistent strong risk-adjusted returns across different market cycles.
Style agnostic
Can invest in growth, value, cyclical or defensive companies, because we aim to own them at the right time in their earnings cycle.
Concentrated
An actively managed, long only portfolio of 25-40 high conviction, quality companies, which is also diversified across sectors and regions.
Robust process
A disciplined and repeatable process that combines fundamental and quantitative research that results in a strong buy and sell discipline.
Fund Performance & Characteristics
Fund | Alphinity Global Equity Fund (Managed Fund) (ASX:XALG) |
Investment objective | To outperform the benchmark after costs over rolling three year periods |
Benchmark | MSCI World Net Total Return Index (AUD) |
Stocks held in portfolio | Typically 25-40, with a maximum of 70 stocks |
Strategic asset allocation ranges | Securities: Min 80% Max 100%, Cash: Min 0% Max 20% |
Minimum investment timeframe | At least five years |
Investment universe | The investment universe is comprised of stocks listed on global stock exchanges. The Fund can also invest in listed equity securities or hybrid equity securities such as convertible notes, redeemable preference shares and partly paid shares. The Fund has the ability to invest in unlisted stocks, but it is restricted to companies with a firm commitment to list within six months of prospectus issue date, and the combined value of such investments shall not exceed 5% of the total market value of the Fund. |
Minimum initial investment | $10,000 or $1,000 with Regular Savings Plan |
Management fee | 0.75% p.a. |
Performance fee | 10% of the Fund’s daily return (after fees and expenses, and after adding back distributions paid) above the Performance Benchmark and the absolute return performance hurdle.* |
Distribution frequency | Annually |
APIR code | HOW0026AU |
*The Performance Benchmark is the MSCI World Net Total Return Index (AUD), the Performance Hurdle is the Reserve Bank of Australia (RBA) cash rate target.
Performance (after fees) as at 30 September 2024
Alphinity Global Equity Fund (Managed Fund) | Quarter (%) | 1 year (%) | 3 years (% p.a.) | 5 years (% p.a.) | 7 years (% p.a.) | Since inception (% p.a.) |
---|---|---|---|---|---|---|
Alphinity Global Equity Fund (Managed Fund) | -0.4 | 25.0 | 9.8 | 13.0 | 14.0 | 12.9 |
MSCI World Net Total Return Index (AUD) | 2.4 | 23.2 | 10.6 | 12.4 | 13.1 | 12.2 |
Alphinity Global Equity Fund: the inception date for the Fund is 21 December 2015.
For performance for previous periods please contact Fidante. Returns are calculated after fees have been deducted assuming reinvestment of distributions. No allowance is made for tax. Past performance is not a reliable indicator of future performance.
How to invest
To find out more about the Alphinity Global Equity Fund (Managed Fund), contact your local Fidante Business Development Manager.
For step by step instructions on how to invest, visit the Invest Online page of our website.
Before making a decision about whether to make an investment or additional investment in one of our funds please read the Fund’s Target Market Determination (TMD), Product Disclosure Statement (PDS), Additional Information Booklet and Product Updates to ensure the key attributed of the fund as described in the TMD and PDS aligns with your objectives, financial situation and needs.
Fund Documents
Global Fund Investment Team
Fund Ratings
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