Investment Objective & Strategy
The Affluence Investment Fund aims to provide you with the following:
- A minimum distribution yield of 5% per annum, paid monthly.
- A total annualised return (distributions plus increase in unit price) of at least inflation plus 5% over rolling 3 year periods.
- Access to a diversified portfolio of underlying investments.
- Volatility of returns which is less than half of the ASX200 Index, measured over rolling 3 year periods.
The Fund aims to achieve this by investing with 20 to 35 of the very best investment managers across all asset classes, predominantly through unlisted managed funds. We invest with them in a way which we believe balances maximum returns with low volatility.
The Affluence Investment Fund’s Key Features
Diverse Investment Portfolio
The Fund is likely to hold 20-35 investments at any given time, but may hold more or less than this.
Minimum Initial Investment
Investors can invest as little as $20,000. Start with a smaller amount and grow your investment over time.
Minimum Additional Investment
You can add to your investment from as little as $1,000.
Monthly Applications and Withdrawals
Applications and Withdrawals are processed monthly. Your application funds are held in a trust account while awaiting processing.
Distributions to Investors are generally paid on a monthly basis, around 10 days after the end of each month.
Distributions can be reinvested to compound the returns on your investment.
We Get Paid To Perform
Affluence charge no fixed fee, simply a performance fee equivalent to 12.5% of positive total returns delivered.
Regular Fund Reporting
Reports detailing the Fund’s performance, strategy and portfolio are provided at the end of each month.
Affluence Investment Fund Performance
|Strongest Return||Positive Return||Stable Return||Negative Return||Weakest Return|
Performance is net of fees and costs. Past performance is not an indicator of future performance. Affluence makes no representation nor provides any guarantee as to the future success of the Fund.
Affluence Investment Fund Comparison
Affluence Investment Fund Performance
|To 31 January 2020||1 month||1 year||3 years||5 years||Inception||Volatility|
|Benchmark - Inflation + 5%||0.6%||7.3%||7.1%||7.0%||6.9%|
|Outperformance against Benchmark||(0.8%)||3.3%||(0.2%)||0.9%||1.2%|
To view the unit price and distribution history of the fund, click here.
As with all investments, the Fund is subject to risks. If these risks eventuate, they may result in a reduction in the value of your investment in the Fund and/or a reduction or cessation of distributions. Distributions are not guaranteed, nor is the return of your capital. Past performance is not indicative of future performance.
It is important that you know that the value of your investment will go up and down over time, the Fund’s returns will vary over time, future returns may differ
from past returns, and returns are not guaranteed. All of this means that there is always the chance that you could lose money on your investment.
As set out in the product disclosure statement dated 14 March 2017 (“PDS”), key risks include concentration risk, economic and market risk, legal and regulatory risk, manager and key person risk, liquidity risk, leverage risk and currency risk. AFM aims, where possible, to actively manage risks. However, some risks are outside our control.
Take a look at the largest holdings in the Fund, including portfolio weighting and commentary. Affluence Members Only.VIEW PORTFOLIO
Latest Fund Report
Download latest report, including market commentary & information on the Affluence Investment Fund performance.VIEW REPORT
Download the latest presentation to learn about Affluence, how we invest, Fund portfolios and performance.PRESENTATION
Application documents for our Funds and forms for additional investments, change of details and withdrawals.INVESTOR FORMS
Affluence Investment Fund Updates
Keep up to date with the changes to the Fund’s portfolio, fundamentals and performance.
This fund from Phoenix Portfolios invests in Australian microcaps with a value bias and has produced significant returns with low volatility. They have a portfolio which is likely to be different to other managers.
A concentrated portfolio of global resource equities and private credit investments from a manager with an outstanding track record. Read on to find out more (for Affluence Members only).
A concentrated portfolio of small and microcap Australian companies from a manager with an outstanding track record. Affluence Member content. Select "Members" from the website menu to login or register.
How To Invest In The Affluence Investment Fund
Step 1: The Product Disclosure Statement
Before making any decision to invest, you should read and understand the Fund’s Product Disclosure Statement (PDS) and you should ensure the Fund is appropriate for your personal circumstances and financial objectives. You may wish to consult with your financial or other advisor in making this assessment.
You can download the PDS and Application Pack by clicking the button below.INVEST NOW
Step 2: Make an application
Applications are accepted monthly. The cut-off for applications is the 25th of each month, or the last business day before that date if the 25th is not a business day. Completed applications received by this date are processed as at the 1st of the next month.
To invest in the fund, you must complete an application form. If you have not invested with Affluence previously, you will also need to complete identification forms and provide acceptable proof of identity documents.
Investors can complete the relevant application form attached to the Product Disclosure Statement or apply securely online through our registry provider Boardroom. Applying online can be significantly easier and faster than paper-based applications and provides the option to verify or upload your identification online, reducing the need to provide certified copies of documents.
You can access the PDS, invest online or download paper application forms by clicking the button below.INVEST NOW
Step 3: Provide documents and make payment
Send the application documents (including any required identification documents) to the Fund registrar for processing and make payment of the application amount. Payments can be made via cheque or electronic transfer.
You will receive an acknowledgement as soon as possible after the Fund registrar receives your application documents and funds.
You will receive your investment confirmation once the application has been processed. This normally occurs approximately 20 days after the end of the month in which your applications is accepted.