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All our funds delivered positive returns in January, in what was a good month for most assest classes. You can access the latest fund reports below. The big debate in Australian financial markets for the past few weeks has been what …
West Street European Private Credit Fund Key Details Profile date: February 2025 Fund: West Street European Private Credit Fund Manager: Goldman Sachs Asset Management Investment Type: Wholesale Unlisted Fund Asset Class: Global Corporate Debt Investment Strategy: The Fund invests in senior secured corporate debt in high-quality, mostly …
Investment performance Affluence Fund returns and the relevant benchmarks are shown below. Our 2024 returns could best be described as solid but not spectacular. Longer-term returns (which is what matters), compare very well with passive alternatives. The 2024 year was a …
This article was originally published on Livewire. As we approach the end of 2024, it appears that the market for Listed investment Companies is somewhat capitulating. Even LICs that have done everything right, performed well and historically traded at par or …
It’s a bumper holiday edition of the Affluence eNews this month. The Affluence Investment Fund had its 10 year anniversary in November. Returns have been solid, especially considering the hostile environment the strategy has faced most of the time. Here are …
WAM Leaders Key Details Profile date: December 2024 Fund: WAM Leaders (ASX: WLE) Manager: Wilson Asset Management Investment Type: Listed Investment Company Asset Class: Australian equities. Investment Strategy: WLE invests in Australian large cap equities with a stated aim to deliver a stream of fully franked dividends, …
GDI Property Group Key Details Profile date: November 2024 Manager: GDI Property Group Fund: GDI Property Group (ASX: GDI) Investment Type: Listed Real Estate Investment Trust (A-REIT) Asset Class: Commercial Office Property Investment Strategy: GDI Property Group is an ASX listed REIT focused on Australian office …
Tea Tree Opportunity Trust Key Details Profile date: October 2024 Manager: Scentre Group/Barrenjoey Fund: Tea Tree Opportunity Trust Fund Type: Single asset property syndicate Asset Class: Commercial Real Estate Investment Strategy: The syndicate will own Tea Tree Plaza for an initial period of 5 years. Affluence …
The Affluence Income Trust now has just over a one year track record. We are very happy with the returns of around 8%, which are ahead of our benchmark of the RBA cash rate plus 3%. Of the total return, 7.7% …
Market Returns For the 12 months to 30 June 2024, most equity markets delivered reasonable to exceptional returns. US mega caps were the standout, with the 10 largest stocks in the S&P500 delivering an annual return of a staggering 40%. In …
Affluence Income Trust, Affluence Investment Fund, Affluence LIC Fund, Affluence Members, Affluence Small Company Fund, Fund Updates
Below is the June 2024 financial year distribution and tax information and estimated dates for the end of financial year processes. As each item is completed, we will update the information. The end of the financial year is a busy time …
We have rarely seen this many opportunities in the sector. The Affluence LIC Fund aims to invest in Listed Investment Companies (LICs) that satisfy at least one of these criteria: Right now, the market conditions are highly favourable for the Affluence …