To view the Affluence Investment Fund Report February 2018 in pdf format, click here.
The Affluence Investment Fund provides access to a diversified investment portfolio of the best fund managers as selected by Affluence. We target distributions of 5%pa, paid monthly and total annualised returns of at least inflation plus 5% over 3-year periods. We aim to deliver these returns with less volatility than the stock market.
Report summary
The Affluence Investment Fund decreased by 0.6% in February.
Since commencing in December 2014, the Fund has returned 9.8% per annum. This includes 6.7% per annum monthly distributions to investors and a 3.1% per annum increase in the unit price. Over that same period, the Fund has outperformed our benchmark of 6.9% per annum (inflation plus 5%). Fund returns have also exceeded the ASX 200 (including dividends) of 8.6% per annum.
Key positive contributors during the month included the Totus Capital Alpha Fund (up 4.6%), the Bronte Capital Amalthea Fund (up 4.6%), the Ophir High Conviction Fund (up 3.8%), and the Antipodes Global Fund (up 1.9%). We also had a number of investments that had returns of minus 3% or more for the month. After working through these bigger falls, we are comfortable with the reasons for their results.
At month end, 59% of the Fund was invested in unlisted funds, 16% in the Affluence LIC Fund, 11% in listed investments, and 14% in cash.
If you would like to invest with us and access a diverse range of some of Australia’s best fund managers, visit the fund page. There, you can get information on the Fund, apply online or download the application pack. To add to your existing investment in the Fund, you can complete the one-page form available here, or use the online facility.
The cut-off for this month’s applications is 23 March. Units will be issued effective 1 April.
Learn more
Visit the Affluence Investment Fund page.
See the Affluence Investment Fund Portfolio here (you must be an Affluence Member to view)
