Investing DifferentlyThe Affluence Investment Fund is built on a philosophy of doing things differently.
- We aim to invest with the best investment managers in Australia. They are usually boutique fund managers who are often unknown by the greater investing community.
- We aim to pay monthly distributions. We understand that regular income is very important to many investors, and target a distribution yield of 5% per annum.
- We don’t charge any fixed management fees. Just a performance fee. 12.5% of positive returns. Any negative performance must be recovered first.
- We use some alternative strategies. Alternative strategies can perform much better in falling markets, which can help to limit falls and smooth returns over time.
We are Highly Rated
The rating is based on the historical risk-adjusted performance for the fund.
We have Met our Fund Objectives
|Fund Objective||Achieved||As at 28 February 2018|
|Minimum distribution yield of 5% per annum, paid monthly||✓||The Fund currently distributes 5.4 cents per unit per annum, paid monthly.|
|Total annualised return of at least inflation plus 5%||✓||Since inception over 3 years ago, the Fund has returned 9.8% pa compared to the return target 6.9% pa.|
|Access to a diversified portfolio||✓||The Fund provides exposure to over 30 unlisted funds and more than 25 LIC's.|
|Deliver volatility of returns which is less than 50% of the ASX200||✓||Since inception over 3 years ago, the Fund had volatility of returns of 3.1% compared to the ASX200 of 11.2%.|
Our Performance has been Strong
|To 28 February 2018||1 month||6 months||1 year||2 years||3 years||Inception|
|Benchmark - Inflation + 5%||0.6%||3.8%||7.2%||7.2%||7.0%||6.9%|
|Outperformance against Benchmark||(1.2%)||2.2%||2.2%||4.2%||2.8%||2.9%|
Performance has exceeded the Australian Share Market and the Benchmark
Return on $100,000 Investment
We have Outperformed in Negative Share Market Periods
The graph below shows the performance of Affluence Investment Fund in the ten worst months for the ASX200 index since the Fund began. The Fund has performed better than the ASX200 index in all ten worst months, and delivered positive returns in five of them.
We have Outperformed Similar Funds
|To 28 February 2018||APIR||1 year||3 years||Volatility|
|Affluence Investment Fund||AFX0001AU||9.4%||9.8%||3.1%|
|AMP Capital Multi-Asset A||AMP1685AU||8.1%||5.4%||3.6%|
|PineBridge Global Dynamic Asset Allocation||PER0731AU||11.0%||4.5%||7.9%|
|MLC WS Inflation Plus - Assertive||MLC0667AU||7.8%||4.4%||5.5%|
|Schroder Real Return CPI+5%||SCH0047AU||4.9%||3.4%||2.9%|
|AMP Capital Australian Dynamic Markets A||AMP1932AU||6.0%||2.5%||6.7%|
|Benchmark - Inflation + 5% pa||7.2%||7.0%|
|Morningstar Multi-Sector Growth Index||8.7%||5.3%|
|ASX200 Accumulation Index||10.1%||5.1%||10.9%|
We have compared the Affluence Investment Fund against 5 of the largest funds it its Morningstar category. The Affluence Investment Fund is currently 1 out of 53 funds over 3 years in its Morningstar category.
Volatility refers to the historical standard deviation of returns. A lower number is considered better as it represents more consistent, stable returns.
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
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.
Learn more about the Affluence Investment Fund
The Morningstar Rating™ is an assessment of a fund’s past performance – based on both return and risk – which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. © 2018 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or ‘class service’ have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser.