To view the Affluence Investment Fund Report June 2019, click here.
The Affluence Investment Fund provides access to a diversified investment portfolio of the best fund managers as selected by Affluence. We target:
- distributions of 5% per annum, paid monthly
- total annualised returns of at least inflation plus 5% over 3-year periods.
We aim to deliver these returns with less volatility than the stock market.
Report summary
The Affluence Investment Fund increased by 0.8% in June, with the benchmark increasing 0.6% (inflation plus 5% per annum).
After a difficult calendar year 2018, the Fund has made a solid start to 2019 with returns of 5.2% over the last six months. While the Fund has lagged the remarkable recovery in equity markets over this period, we remain very optimistic about the future potential in the portfolio.
Since commencing in December 2014, the Fund has returned 7.7% per annum. This has included 6.6% per annum monthly distributions and a 1.1% per annum increase in the Fund unit price. Over that same period, the Fund has outperformed our benchmark of 6.8% per annum (inflation plus 5% per annum).
The most significant positive contributors in June included our position in the US Masters Residential CPUs (up 14%), the Baker Steel Gold Fund (up 20%), the Packer & Co Investigator Trust (up 7%).
The largest detractors included investments in Aveo Group, Tribeca Global Natural Resources, Unibail-Rodamco- Westfield and the Affluence LIC Fund.
At month-end, 65% of the portfolio was invested in unlisted funds, 16% in the Affluence LIC Fund, 13% in listed investments and 6% in cash.
If you would like further details of the investment portfolio, including our top holdings and weightings, visit the Affluence Investment Fund page or Members Area on our website. To view the portfolio, you must be registered as an Affluence Member. You can register to become an Affluence Member here.
The cut-off for this month’s applications is 25 July 2019. Units issued effective 1 August 2019.
Learn more
Invest with us and get access to a diverse range of Australia’s best fund managers, including over 30 unlisted funds as well as more than 20 LIC’s. Visit the fund page to find out more. There, you can get information on the Fund, apply online or download the application pack. If you’d like to add to your existing investment in the Fund, you can either complete the one-page form available on our website or use the online facility.
Visit the Affluence Investment Fund page.
See the Affluence Investment Fund Portfolio. You must be registered as an Affluence Member to view the portfolio. You can register online here.
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