Performance Summary

Affluence Income Trust

A highly diversified portfolio of fixed income assets that aims to provide investors with a minimum distribution equal to the RBA Cash Rate plus 3% per annum paid monthly, and preservation of capital over rolling 3 year periods after payment of distributions.

Affluence Income Trust Performance

To 31 May 20241 month3 months6 monthsInception
Income Distributions0.6%1.9%3.8%6.3%
Change in Unit Price (Capital Growth)0.0%0.0%0.2%0.4%
Affluence Income Trust Total Return0.6%2.0%4.0%6.7%
Benchmark – RBA Cash Rate plus 3%0.6%1.8%3.7%6.2%
Performance against Benchmark0.0%0.2%0.3%0.5%

Performance is calculated using NAV unit prices, net of fees and costs (excluding buy sell spread) and assumes distributions are reinvested. Returns of more than one year are annualised. The Fund aims to pay distributions monthly. Inception date is 28 July 2023. Past performance is not indicative of future performance.

JanFebMarAprMayJunJulAugSepOctNovDecYear
20230.7%0.6%0.6%0.7%0.7% 3.4%
20240.6%0.6%0.7%0.6%0.6%3.2%

Performance is calculated using NAV unit prices, net of fees and costs (excluding the buy sell spread) and assumes distributions are reinvested. Past performance is not indicative of future performance.

Affluence Investment Fund

The Affluence Investment Fund aims to deliver above average results but in a very different way to a traditional investment fund. We seek to invest with 20-35 underlying managers across all asset classes, in a way in which we believe balances maximum returns with low volatility.

Affluence Investment Fund Performance

To 31 May 20243 months1 year3 years5 years7 yearsInceptionVolatility
Income Distributions1.4%5.7%5.9%6.2%6.3%6.4%
Capital Growth2.0%3.1%0.6%1.8%0.9%1.4%
Affluence Investment Fund Total Return3.4%8.8%5.6%8.0%7.2%7.8%5.5%
Vanguard Balance Index Fund0.7%8.8%2.1%4.6%5.1%5.6%
Benchmark – Inflation + 5%2.1%6.9%10.6%9.1%8.5%8.0%

Performance is calculated using NAV unit prices, net of fees and costs (excluding buy sell spread) and assumes distributions are reinvested. Returns of more than one year are annualised. The Fund aims to pay distributions monthly. Inception date is 28 November 2014. Past performance is not indicative of future performance.

JanFebMarAprMayJunJulAugSepOctNovDecYear
20141.7%
20150.3%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%
20170.3%1.2%0.6%0.5%0.1%1.1%0.7%0.1%1.1%2.5%1.6%1.3%11.6%
20180.1%(0.6%)0.0%0.5%0.8%0.5%0.9%0.8%0.1%(3.1%)(1.0%)(1.0%)(2.0%)
20191.4%1.6%0.4%1.5%(0.6%)0.8%2.4%(0.3%)1.4%0.5%1.4%1.1%12.3%
2020(0.2%)(2.7%)(8.7%)4.4%4.1%(0.4%)2.2%2.3%0.3%1.2%5.9%1.8%9.8%
20210.0%0.6%0.9%2.2%1.9%2.7%0.2%1.2%1.2%0.8%0.0%1.0%13.2%
2022(1.0%)(1.6%)0.4%0.1%(1.0%)(2.9%)2.2%0.8%(2.1%)2.2%3.1%(0.3%)(0.6%)
20231.3%0.1%0.2%1.1%(1.1%)0.5%1.4%0.5%(0.2%)(1.0%)1.4%2.2% 6.4%
20240.5%(0.1%)2.2%0.6%0.6%3.8%

Performance is calculated using NAV unit prices, net of fees and costs (excluding the buy sell spread) and assumes distributions are reinvested. Past performance is not indicative of future performance.

Affluence LIC Fund

Through the Affluence LIC Fund, we seek to take advantage of the opportunities available in the LIC sector, with a focus on LICs trading at attractive discounts to NTA. Through LICs, the Fund provides access to a broad range of investment styles, strategies and geographies.

Affluence LIC Fund Performance

To 31 May 20243 months1 year3 years5 years7 yearsInceptionVolatility
Income Distributions1.5%6.2%8.5%8.9%8.7%7.7%
Capital Growth3.0%4.9%(1.3)%3.5%2.1%3.4%
Affluence LIC Fund4.5%11.1%7.2%12.4%10.8%11.1%8.5%
ASX 200 Accumulation Index1.2%12.9%6.8%7.8%8.5%9.2%14.1%
Outperformance against ASX 200 Index3.3%(1.8%)0.4%4.6%2.3%1.9%

Performance is calculated using NAV unit prices, net of fees and costs (excluding the buy sell spread) and assumes distributions are reinvested. Returns of more than one year are annualised. The Fund aims to pay distributions quarterly. The Fund inception date is 3 May 2016. Past performance is not indicative of future performance

JanFebMarAprMayJunJulAugSepOctNovDecYear
2016N/AN/AN/AN/A1.0%0.1%4.9%1.1%1.4%0.5%1.6%1.5%12.6%
20170.1%0.5%0.1%0.5%0.3%1.3%1.4%(0.6%)0.7%3.2%2.2%1.6%11.8%
2018(0.4%)(0.1%)(1.3%)2.1%1.2%1.1%2.1%1.0%0.6%(4.0%)(0.5%)(1.2%)0.3%
20192.1%1.4%(0.5%)0.5%(0.1%)(0.8%)5.1%(1.9%)3.4%0.8%3.2%1.7%15.8%
2020(2.0%)(5.0%)(8.3%)7.9%6.6%(2.7%)3.2%4.8%1.7%2.7%9.7%1.7%20.2%
20210.4%1.7%1.3%2.3%2.4%5.1%0.0%0.3%2.4%1.5%(0.9%)1.7%19.6%
2022(1.6%)(1.4%)1.4%0.0%(2.3%)(3.8%)4.3%1.1%(2.4%)1.5%3.5%(0.4%)(0.4%)
20231.3%(0.1%)0.0%0.7%(0.9%)(0.5%)2.1%0.0%1.2%(1.9%)1.5%3.5% 6.9%
20241.1%(0.7%)2.9%0.7%0.9%4.0%

Performance is calculated using NAV unit prices, net of fees and costs (excluding the buy sell spread) and assumes distributions are reinvested. Past performance is not indicative of future performance

Affluence Small Company Fund

The Affluence Small Company Fund aims to provide Eligible Investors with access to a portfolio of ASX listed equity securities outside the S&P/ASX 100 Index. The portfolio may also have some exposure to ASX listed securities and global companies.

Affluence Small Company Fund Performance

To 31 May 20243 months1 Year3 Years5 Years7 YearsInceptionVolatility
Affluence Small Company Fund3.9%6.7%6.7%12.3%9.0%8.8%10.9%
ASX Small Ordinaries Index1.5%10.9%(0.1%)4.2%6.7%6.7%17.9%
Performance against ASX Small Ords Index2.4%(4.2%)6.8%8.2%2.4%2.0%

Performance is calculated using NAV unit prices, net of fees and costs (excluding the buy sell spread) and assumes distributions are reinvested. Returns of more than one year are annualised. The Fund aims to pay distributions quarterly. The Fund inception date is 21 April 2016. Past performance is not indicative of future performance.

JanFebMarAprMayJunJulAugSepOctNovDecYear
2016N/AN/AN/AN/A1.2%-1.2%4.5%2.3%1.8%-0.5%-1.5%2.1% 8.9%
20171.0%(0.4%)0.5%(2.0%)(0.3%)1.5%1.9%0.2%1.5%2.7%2.5%3.2% 12.9%
2018(0.8%)(1.6%)(2.0%)(0.1%)1.1%(0.5%)(0.2%)1.2%0.3%(5.3%)(2.3%)(3.9%)(13.5%)
20191.3%2.4%(0.2%)1.0%(0.9%)(0.8%)4.3%(0.4%)2.9%0.5%0.8%1.6% 12.9%
20200.4%(3.5%)(16.2%)9.0%6.5%0.7%5.0%7.1%(0.2%)2.4%9.6%2.6% 22.9%
2021(0.1%)1.2%1.5%4.6%2.4%4.9%(0.9%)1.4%2.7%1.5%(0.4%)0.7% 21.0%
2022(2.4%)0.0%1.0%(0.3%)(2.5%)(4.3%)5.2%1.6%(5.0%)3.7%4.7%(1.0%) 0.0%
20232.4%0.3%(0.4%)2.0%(0.8%)1.3%0.5%(0.7%)(0.3%)(3.6%)3.5%3.7% 8.0%
2024(0.7%)(0.9%)2.4%1.7%(0.3%)2.6%

Performance is calculated using NAV unit prices, net of fees and costs (excluding the buy sell spread) and assumes distributions are reinvested. Past performance is not indicative of future performance.

Risk Disclosure

All investments, including Affluence Funds, are subject to risks. If these risks eventuate, they may result in a reduction in the value of your investment in the relevant 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.

The value of your investment in any Affluence Fund will go up and down over time. Each Fund’s returns will vary, future returns may differ from past returns, and returns are not guaranteed. This means that there is always the chance that you could lose money on your investment in an Affluence Fund.

Key risks for each Fund are set out in the product disclosure statement or information memorandum (Disclosure Document) for that Fund. Key risks include concentration and volatility risk, economic and market risk, legal and regulatory risk, manager and key person risk, and currency risk. AFM aims, where possible, to manage risks. However, some risks are outside our control.

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Let us help you make better investment decisions

Our monthly eNews includes Fund updates, investment ideas and other things we find interesting. It’s the best way for us to keep in touch, and for you to get to know us better.

And we believe it’s important that you understand how we invest before you consider putting your money to work with us.

Subscribe here to get our best ideas delivered straight to your inbox.

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