Affluence LIC Fund

Affluence LIC Fund Report May 2018

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To view the Affluence LIC Fund Report May 2018 in pdf format, click here.

The Affluence LIC Fund provides access to a diversified investment portfolio of ASX Listed Investment Companies (LICs) selected by Affluence. We aim to outperform the ASX200 Accumulation Index over rolling 3 year periods, with less volatility than the stock market. The Fund provides exposure to a broad range of underlying investment styles, investment strategies, and geographies.

Affluence LIC Fund Report Summary

Both the Affluence LIC Fund and ASX200 Index went up in May, increasing by 1.2% and 1.1% respectively. Returns since inception for the Fund are 12.5% per annum, compared to the ASX 200
Index of 11.5% per annum. These returns have been delivered with approximately half of the volatility of the index.

Future Generation Limited (FGX) was the biggest contributor in  May increasing by 5.1%.

At the end of May, the Fund held investments in 28 Listed Investment Companies representing 81% of the Fund, 18% in cash, and some LIC call options (in case markets continue to
rally) and ASX 200 Index put options (in case markets fall significantly).

If you qualify as a wholesale/sophisticated investor and are interested in the Fund, contact us and we will let you know when the Fund is next open. Alternatively, you can gain access through our Affluence Investment Fund, which currently invests around 15% of its portfolio in the Affluence LIC Fund.  

Learn more

If you are interested in investing in the Affluence LIC Fund, and you qualify as a Wholesale or Sophisticated investor, please let us know. We will place you on the waiting list for when we open it again in the future. If you do not qualify as a Wholesale or Sophisticated investor, you can still gain access through our Affluence Investment Fund, which currently invests around 15% of its portfolio in the Affluence LIC Fund. Existing investors can add to their investment or withdraw from the Affluence LIC Fund monthly.

Visit the Affluence LIC Fund page.

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

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