Performance Summary
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 Oct 2023 | 3 months | 1 year | 3 years | 5 years | 7 years | Inception | Volatility |
|---|---|---|---|---|---|---|---|
| Income Distributions | 1.3% | 5.4% | 5.9% | 6.1% | 6.3% | 6.4% | |
| Capital Growth | (2.1%) | 0.1% | 1.7% | 0.8% | 0.4% | 1.1% | |
| Total Return | (0.8%) | 5.5% | 7.6% | 6.9% | 6.7% | 7.5% | 5.6% |
| Benchmark – Inflation + 5% | 2.5% | 10.5% | 10.6% | 8.9% | 8.4% | 8.0% | |
| Outperformance against Benchmark | (3.3%) | (5.0%) | (3.0%) | (2.0%) | (1.7%) | (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 November 2014. Past performance is not indicative of future performance.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% | 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% |
| 2021 | 0.0% | 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%) |
| 2023 | 1.3% | 0.1% | 0.2% | 1.1% | (1.1%) | 0.5% | 1.4% | 0.5% | (0.2%) | (1.0%) | 2.7% |
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 Oct 2023 | 3 months | 1 year | 3 years | 5 years | Inception | Volatility |
|---|---|---|---|---|---|---|
| Income Distributions | 1.5% | 5.8% | 8.6% | 8.7% | 7.8% | |
| Capital Growth | (2.2%) | (0.8%) | 2.0% | 1.9% | 2.8% | |
| Affluence LIC Fund | (0.7%) | 5.0% | 10.6% | 10.6% | 10.6% | 8.7% |
| ASX 200 Accumulation Index | (7.2%) | 3.0% | 8.9% | 7.2% | 7.7% | 14.3% |
| Outperformance against ASX 200 Index | 6.5% | 2.0% | 1.7% | 3.4% | 2.9% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | N/A | N/A | N/A | N/A | 1.0% | 0.1% | 4.9% | 1.1% | 1.4% | 0.5% | 1.6% | 1.5% | 12.6% |
| 2017 | 0.1% | 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% |
| 2019 | 2.1% | 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% |
| 2021 | 0.4% | 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%) |
| 2023 | 1.3% | (0.1%) | 0.0% | 0.7% | (0.9%) | (0.5%) | 2.1% | 0.0% | 1.2% | (1.9%) | 1.8% |
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 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 Oct 2023 | 3 months | 1 Year | 3 Years | 5 Years | Inception | Volatility |
|---|---|---|---|---|---|---|
| Affluence Small Company Fund | (4.5)% | 4.3% | 11.0% | 9.7% | 8.1% | 11.2% |
| ASX Small Ordinaries Index | (10.5)% | (5.1%) | 0.5% | 2.5% | 4.7% | 18.2% |
| Performance against ASX Small Ords Index | 5.9% | 9.4% | 10.5% | 7.1% | 3.4% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | N/A | N/A | N/A | N/A | 1.2% | -1.2% | 4.5% | 2.3% | 1.8% | -0.5% | -1.5% | 2.1% | 8.9% |
| 2017 | 1.0% | (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%) |
| 2019 | 1.3% | 2.4% | (0.2%) | 1.0% | (0.9%) | (0.8%) | 4.3% | (0.4%) | 2.9% | 0.5% | 0.8% | 1.6% | 12.9% |
| 2020 | 0.4% | (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% |
| 2023 | 2.4% | 0.3% | (0.4%) | 2.0% | (0.8%) | 1.3% | 0.5% | (0.7%) | (0.3%) | (3.6%) | 0.6% |
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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