About AffluenceAffluence Funds Management was founded in 2015 by Daryl Wilson. Our focus is on delivering superior long-term investment performance from the best Australian fund managers and in providing quality education and investment ideas for our members.
At Affluence, we believe in doing things differently. We are contrarian, value focused, and invest for the long term. We aim to offer our investors only the very best quality investments from the top 1% of fund managers.
We are patient investors. We focus not only on finding the best investments, but on being aware of market cycles and on diversifying investments across all types of assets in our search for consistent, positive long term returns.
Our Investing Values
If you want better than average returns, you need to invest differently and more strategically than the crowd.
Invest For Value
Value investing works best in the long run, particularly when combined with positive momentum.
Being aware of long-term cycles and seeking to time investments can significantly improve performance.
Long term success requires a long term focus, which in turn requires patience and discipline.
Karen Prentis – Non-executive DirectorKaren has more than 30 years of experience in the financial services industry, including senior executive roles in commercial banking and funds management.
Karen’s breadth of experience has spanned the private and public sectors, with expertise developed predominantly in corporate governance, compliance and risk management.
She is also non-executive director of various entities, Chair of Compliance Committees for two fund managers and Chair or external member of several government department Audit & Risk Committees.
Geoff Cannings – Non-executive DirectorGeoff has over 25 years’ experience in Investment Banking and Real Estate. He has been involved in the listing of a number of property investment companies. Geoff has served as a non-executive director on the Boards of several listed property companies and property asset management companies both locally and internationally.
Geoff holds BA LLB degrees as well as a Diploma in Financial Planning and a Diploma in Finance and Mortgage Broking Management.
Daryl Wilson – Director/CEO/Portfolio ManagerDaryl founded Affluence Funds Management in 2015 and is co-manager of all investment portfolios. Daryl has experience across all aspects of funds management including investment, operations and capital raising and is responsible for investment and funds management activities at Affluence.
Prior to forming Affluence, Daryl was a Director of Cromwell Property Group, an ASX-listed property and fund manager, for over 15 years. From 2008 until 2015, he was responsible for Cromwell’s unlisted funds management business, which created and managed investment funds worth over $1 billion and delivered impressive returns for the thousands of investors in these funds.
Daryl holds a Bachelor of Commerce, a Diploma of Financial Planning and is a member of the Institute of Chartered Accountants.
Greg Lander – Portfolio ManagerGreg is co-manager of all investment portfolios. He is primarily responsible for analysing new investment opportunities, asset allocation, fund analysis, performance reporting, and investment management.
Prior to joining Affluence in 2015, Greg was employed by Cromwell Property Group for over 9 years. During this time, he held a range of positions including fund analyst, transactions analyst and investment strategist.
Greg holds a Bachelor of Applied Science (Property Economics) and is a registered property valuer.
About Our FundsOur first fund, The Affluence Investment Fund, was established and began investing in December 2014. It brings together all of our best investment ideas in a single place. The Fund portfolio is diversified across many different types of assets, managers and investment strategies and has a wide investment mandate which allows Affluence to take advantage of the best opportunities at any given time. The Affluence Investment Fund aims to pay monthly distributions and to deliver an average distribution yield of 5% per annum.
Affluence also offer two additional funds. The Affluence LIC Fund invests exclusively in ASX listed investment companies. Our Affluence Small Company Fund is open to Eligible Investors and invests in smaller companies through a range of small company managers. Both funds aim to pay quarterly distributions and to deliver an average distribution yield of 5% per annum.
Visit our Funds page to find out more about the Affluence Funds.
Giving BackAt Affluence we believe in giving back to the community with a strong focus on assisting underprivileged children and young adults, both in Australia and abroad. We have pledged to donate a portion of all our fees from the Affluence Investment Fund towards charitable causes. Throughout the year, Affluence and our staff support a range of initiatives.
Organisations we currently support on an ongoing basis include The Smith Family (helping disadvantaged Australian children to get the most out of their education) and World Vision (working with children, families and communities to overcome poverty and injustice). In addition, we provide direct financial support to organisations assisting disadvantaged children and young adults in South Africa.
We also assist charitable organisations such as the APS Foundation, through the provision of investment management services at discounted rates.