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

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

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

Minimum Additional Investment

You can add to your investment from as little as $1,000.

Monthly Applications and Withdrawals

Monthly Applications and Withdrawals

Applications and Withdrawals are processed monthly. Your application funds are held in a trust account while awaiting processing.

Monthly Distributions

Monthly Distributions

Distributions to Investors are generally paid on a monthly basis, around 10 days after the end of each month.

Distribution Reinvestment

Distribution Reinvestment

Distributions can be reinvested to compound the returns on your investment.

We Get Paid To Perform

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

Regular Fund Reporting

Reports detailing the Fund’s performance, strategy and portfolio are provided at the end of each month.

Affluence Investment Fund Performance

JFMAMJJASONDYear
2014           1.7%
2015 0.3%0.4%1.1%0.6%0.9%-0.1%1.0%-0.5%2.5%0.8%-0.6%1.7%8.4%
2016-0.7%-0.2% 1.2% 1.9% 1.9% 0.7%3.0% 1.1% 0.6%-0.4% 0.2% 1.1%10.7%
2017 0.3% 1.2% 0.6% 0.5% 0.1% 1.1% 0.7% 0.1% 1.1% 2.5% 1.6% 1.3%11.6%
2018 0.1%-0.6%0.0% 0.5% 0.8% 0.5% 0.9% 0.8% 0.1% -3.1%-1.0%-1.0% -2.0%
2019 1.4% 1.6% 0.4% 1.5%-0.6% 0.8% 2.4%-0.3% 1.4% 0.5%9.5%
Legend:
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 October 20191 month1 year2 years3 years4 yearsInception
Income Distributions0.4%5.5%5.9%6.2%6.0%6.5%
Capital Growth0.1%1.8%(0.8%)0.4%1.6%1.5%
Total Return0.5%7.3%5.1%6.6%7.6%8.0%
Benchmark - Inflation + 5%0.6%6.9%7.0%7.0%6.9%6.9%
Outperformance against Benchmark(0.1%)0.4%(1.9%)(0.4%)0.7%1.1%
* Total returns are net of fees and costs (excluding buy-sell spread) using the mid-prices and assume the reinvestment of distributions. Returns of more than 1 year are annualised. Inception date is 28 November 2014. The Fund aims to pay distributions of approximately 5% pa paid monthly. At times distributions may be paid above or below this. The Fund currently distributes 5.52 cents per annum, which is 5.1% on the current unit price.

To view the unit price and distribution history of the fund, click here.

Risk Disclosure

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.

Fund Documents

Product Disclosure Statement

Download, read and ensure you understand the Product Disclosure Statement before investing in the Affluence Investment Fund.

DOWNLOAD PDS
Fund Portfolio

View the largest holdings of the Fund, including portfolio weighting and commentary. For Affluence Members Only.

VIEW PORTFOLIO
Latest Fund Report

Download latest report, including market commentary & information on the Affluence Investment Fund performance.

VIEW REPORT

To view past reports, click here.

Affluence Presentation

Download the latest presentation to learn about Affluence, how we invest, Fund portfolios and performance.

PRESENTATION
Investor Forms

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.

Fund Manager Profile October 2019

Fund Manager Profile October 2019

A truly alternative investment that has produced strong returns over a long period. Read on to find out more (for Affluence Members only).

View previous Fund News & Updates →

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.

Frequently Asked Questions


What’s The Minimum Investment Amount?
The minimum initial investment amount is $20,000, and you can add additional amounts later from as little as $1,000. Applications are processed monthly. Application funds awaiting processing are held in a trust account.
When Do Distributions Get Paid?
Distributions are paid monthly. Generally, we aim to make payment around the 10th of each month. We target a distribution rate equivalent to a 5% annualised return. Distribution rates are smoothed to ensure consistency but are based on our assessment of the expected earnings of the Fund’s investment portfolio over rolling 3 year periods.
Can I Withdraw My Investment At Any Time?
You can lodge a withdrawal request form at any time. Withdrawals are generally processed monthly, although we reserve the right to process these less frequently in exceptional circumstances.
Will You Send Me Annual Statements?
Investors in the Fund will receive a monthly report outlining the Fund’s portfolio and performance, an annual investment statement showing investment transactions and the value of your investment and an annual tax statement with details of the amounts to be included in your tax return.
What Fees Will I Pay?
Affluence Funds Management charges a performance fee to the Fund equivalent to 12.5% of the Fund’s positive returns. Affluence also recovers certain costs from the Fund. These cost recoveries are generally capped at 0.25% per annum. These fees are not paid by you directly, but are paid out of the assets of the Fund. All Fund performance numbers are after these fees and costs have been paid. You may also pay fees to a financial advisor or investment platform operator if you invest through them, but these fees are not paid to Affluence.
Have any questions about the Affluence Investment Fund? Contact Us Today

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