Profile Accumulation Portfolio
This Portfolio aims to grow your wealth relative to the cost of living, with a medium to low risk of capital loss, over an investment horizon of at least six years.
|Inception date||5 April 2011|
|Objective||Returns of 5% above inflation over rolling 6 year periods after fees and expenses, with medium to high risk, with a target volatility of 5%-10% pa standard deviation of returns|
|Recommended investment timeframe||At least 6 years|
|Fund size||$135.0 million (as at 31 August 2019)|
|Applications and withdrawals||Each Friday*, and the last business day of each month: Unit pricing day
Each Monday*, and the first business day of each month: Processing day
Generally two business days after each Processing day: Valuations finalised for underlying investments, unit prices calculated, transaction confirmations sent.* Or the following business day, if not a business day
|Unit prices (generally available 3 days after each pricing day)||Priced weekly (as at each Friday) and monthly (as at the last business day of each month).
Prices as at 04 October 2019 Download History
|ARSN||149 249 052|
|Management cost||0.85% pa (incl. GST)|
|Performance fee||This is a fee only payable when both a High Water Mark and the Objective Hurdle for a Portfolio are met, measured monthly. A Performance fee is calculated as 10.25% (including GST) of the net asset value above Cash (Bloomberg Ausbond Bank Bill index), if all conditions are met.|
|Buy/sell spread||0.15% / 0.15%|
|Distributions||The Portfolio can pay distributions semi-annually or annually and they are automatically reinvested unless you choose otherwise but must be reinvested if you are investing through an administration platform.
Latest distribution (30 June 2019): 8.30 cents per unit
^ All information is current as at the date of publication of this website, however may change in the future.