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Affluence Investment Fund

Affluence Investment Fund Report October 2017

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To view the Affluence Investment Fund Report October 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 a strong month in October, increasing by 2.5%. The Australian share market took off in October, with the ASX 200 increasing by 4.0%. Since commencing in December 2014 the Fund has returned 10.1% per annum. Over that period the Fund has outperformed the benchmark of inflation plus 5%, and the ASX 200 (including dividends).

In such a strong month for the markets, our only detractors were two of our market neutral funds. The strongest investments for the Fund during October were the Terra Capital Natural Resources Fund (up 10.1%), the Auscap Long Short Fund (up 7.0%), the Ophir High Conviction Fund (up 8.1%) and the India Avenue Equity Fund (up 10.3%).

At month end, 60% of the Fund was invested in unlisted funds, 17% in the Affluence LIC Fund, 8% in other listed investments, and 15% 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 24 November. Units will be issued effective 1 December.

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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