Affluence Investment Fund

Affluence Investment Fund Report November 2017

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To view the Affluence Investment Fund Report November 2017 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 aim to provide a distribution yield of approximately 5%pa, paid monthly and a total annualised return of at least inflation plus 5% over rolling 3 year periods. We aim to deliver these returns with less volatility than the stock market.

Report summary

The Affluence Investment Fund had another strong month in November, increasing by 1.6%. The ASX 200 also increased by 1.6%.

This month the Affluence Investment Fund celebrated its three-year performance track record. Since commencing in December 2014, the Fund has returned 10.4% per annum. This has included 6.9% per annum monthly distributions to investors and a 3.5% per annum increase in the unit price of the Fund. Over that same period, the Fund has outperformed both our benchmark of 6.8% per annum (inflation plus 5%) and the ASX 200 (including dividends) of 8.7% per annum.

Key positive contributors during the month were in resources, property and global stocks. Negative performers among the portfolio were minimal, with a small number of funds down  around 2%, all of which have been strong performers in previous periods.

We added one new investment to the Fund this month. We also topped up positions in a number of existing Fund holdings.

At month end, 59% of the Fund was invested in unlisted funds, 17% in the Affluence LIC Fund, 10% in listed investments, and 14% in cash.

If you would like to invest with us and get access to 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 22 December. Units will be issued effective 1 January.

Learn more

Visit the Affluence Investment Fund page.

See the Affluence Investment Fund Portfolio here (you must be an Affluence Member to view)

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