To view the Affluence Investment Fund Report May 2019 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% per annum, 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 May 2019. Our benchmark also increased 0.6% (inflation plus 5%) and the ASX200 increased 1.7% for the month.
Since commencing in December 2014, the Fund has returned 7.6% per annum. This has included 6.5% per annum monthly distributions to investors and a 1.1% per annum increase in the unit price of the Fund. Over that same period, the Fund has outperformed our benchmark of 6.8% per annum (inflation plus 5%) and is slightly behind the ASX 200 (including dividends) of 8.9% per annum.
The sectors that contributed to the small loss this month were our alternatives portfolio, global equities portfolio (while a negative return, our global equities portfolio significantly outperformed the global indices) and our property portfolio.
Our largest positive contributors were the EGP Concentrated Value Fund (up 4.8%), and the Totus Alpha Fund (up 4.9%).
The largest detractors included Unibail-Rodamco-Westfield (down 11.4% on no updates or news), the Packer & Co Investigator Trust, and the Dalton Street Capital Absolute Return Fund.
At month end, 66% of the portfolio was invested in unlisted funds, 16% in the Affluence LIC Fund, 10% in listed investments and 8% in cash.
If you would like further details of the investment portfolio, including our top holdings and weightings, visit the Affluence Investment Fund page or Members Area on our website. To view the portfolio you must be registered as an Affluence Member. You can register to become an Affluence Member here.
The cut-off for this month’s applications is 25 June 2019. Units issued effective 1 July 2019.
Learn more
Invest with us and get access to a diverse range of Australia’s best fund managers, including over 30 unlisted funds as well as more than 20 LIC’s. Visit the fund page to find out more. There, you can get information on the Fund, apply online or download the application pack. If you’d like to add to your existing investment in the Fund, you can either complete the one-page form available on our website or use the online facility.
Visit the Affluence Investment Fund page.
See the Affluence Investment Fund Portfolio here (you must be an Affluence Member to view)
