Investment Philosophy

The Investment Manager believes that markets are fundamentally inefficient resulting in mispriced securities and that active investment management will result in higher than ‘benchmark’ returns. The Fund has adopted the S&P/ASX200 Accumulation Index as the benchmark for its performance. The Investment Manager also believes that, on review of many markets globally, no individual style or method of investing will always ensure outperformance in terms of return on investment. In light of this, the Investment Manager will adopt a style-neutral bias adapting to the dominant style dependant on where the market is in its investment cycle. Further, the Investment Manager believes that actual and forecasted events underpin absolute and relative price movements of securities. The Investment Manager will utilise a number of frameworks to assist in positioning the Fund’s portfolio of investments.

The Fund

The primary objective of the Atlantic Pacific Australian Equity Fund (APAEF) is to provide investors with strong capital growth and lower than market volatility, over any 5 year plus investment period.

The Fund is a long-bias equity market product which typically buys, or short sells, Australian listed securities. Cash, cash equivalents, convertible notes, derivatives and securities in respect of which listing has been proposed are also used within the strategy.

Key features of the Fund

  • The Investment manager employs its Quadruple Alpha Investment Strategy which focuses on outperforming over all market cycles by capturing upside returns while aiming to reduce downside risk.
  • Share market-type returns, with lower than share market-type volatility.
  • Investment Safety with money held in trust.
  • No minimum investment time-frame.
  • Yearly distribution.
  • Professionally managed by our team of Australian share specialists.
  • Online reporting.
  • Regular market commentary and reviews.
  • No exit fees.
  • Reputable Custody and Registry service providers.

Monthly Performance

Period Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec FY to Date.
2020 -0.70%
2019 1.25% -0.62% -1.00% 2.00% -0.41% 1.18% -1.77% -1.47% 2.62% 2.50%
2018 0.40% 0.70% -0.70% -0.80% -0.40% -0.90% -0.80% -0.80% 3.50% -1.50% 0.40% -0.60% 2.90%
2017 -1.00% 0.80% 1.40% 1.00% -1.80% 0.70% -1.60% -0.80% 1.00% 2.90% 2.90% 0.10% 2.00%
2016 -3.00% -2.10% 3.50% 0.10% 3.50% -1.50% 3.00% -1.10% -0.50% -1.80% 0.70% 0.70% 10.50%
2015 2.60% 5.60% -0.70% -1.80% 0.90% -5.60% 3.80% -0.80% -0.70% 4.70% 0.10% 1.10% 10.80%
2014 -2.70% 3.80% 1.20% 2.00% -0.40% -0.30% 3.10% 2.30% -2.90% 3.60% 1.00% 2.60% 22.00%
2013 1.10% 5.10% 6.70% 3.50% 1.90% -3.00% -2.60% 1.10%
Cumulative return (since inception) 61.3%
Annualised Return Per Annum 7.7%
Fund Returns are prepared on a redemption unit price basis after management and performance fees inclusive of GST. Distributions are assumed to be re-invested at the mid unit price. Individual tax is not taken into account in deriving Fund Returns. In calculating the NTA, the Atlantic Pacific Australian Equity Fund (“Fund”) asset values have been calculated using unaudited price and income estimates for the month being reported. Past performance is not indicative of future performance.

Investor Suitability

Our Fund is suited to investors that seek equity market growth exposure but gain comfort from the fact that we have historically provided greater downside protection due to our ability to reduce net market exposure via shorting of individual securities and ASX 200 futures contracts.

 

Past performance is not an indicator of future performance

Fund Facts

Investment strategy The Fund aims to achieve positive returns in excess of the ASX 200 accumulation index, after fees and expenses, over the long term by predominately taking both Long Positions and Short Positions in Australian shares and equity futures.
Minimum suggested timeframe 5 years plus
Minimum initial investment $10,000
Minimum additional investment $1,000
Management fees (p.a.) 2% (may be negotiable depending upon investment amount)
Performance Fees 15% (above ASX 200 Accumulation Index + 3% p.a) subject to a high-water mark.
Exit fees Nil
Minimum withdrawal $1,000
Buy/sell spread 0.10% / 0.10%
Distribution frequency Yearly (end of June)
Commencement date June 2013

Documentation

Click the links below to see the following documentation:

Please read all parts of the PDS. You should assess whether the product is appropriate for you and speak to your financial adviser before making a decision to invest in this product. Past performance is no indication of future performance

Click the links below to see the following documentation:

Click the links below to see the following documentation:

Click the links below to see the following documentation:

Month
Sep 2019
Mid-point
1.1698
Application
1.171
Redemption
1.1686

Download Unit Price History
Click the button below to see the full history:

Month
Mid-point
Application
Redemption
30-Jun-13 1.0109 1.0119 1.0099
31-Jul-13 1.0623 1.0634 1.0612
31-Aug-13 1.1337 1.1348 1.1326
30-Sep-13 1.1735 1.1747 1.1723
31-Oct-13 1.1960 1.1972 1.1948
30-Nov-13 1.1598 1.1610 1.1586
31-Dec-13 1.1897 1.1909 1.1885
31-Jan-14 1.1579 1.1591 1.1567
28-Feb-14 1.2023 1.2035 1.2011
31-Mar-14 1.2173 1.2185 1.2161
30-Apr-14 1.2421 1.2433 1.2409
31-May-14 1.2369 1.2381 1.2357
30-Jun-14 1.1243 1.1254 1.1232
31-Jul-14 1.1597 1.1609 1.1585
31-Aug-14 1.1860 1.1872 1.1848
30-Sep-14 1.1517 1.1529 1.1505
31-Oct-14 1.1935 1.1947 1.1923
30-Nov-14 1.2060 1.2072 1.2048
31-Dec-14 1.2369 1.2381 1.2357
31-Jan-15 1.2693 1.2706 1.268
28-Feb-15 1.3404 1.3417 1.3391
31-Mar-15 1.3316 1.3329 1.3303
30-Apr-15 1.3073 1.3086 1.3060
31-May-15 1.3188 1.3201 1.3175
30-Jun-15 1.2007 1.2019 1.1995
31-Jul-15 1.2463 1.2475 1.2451
31-Aug-15 1.2564 1.2577 1.2551
30-Sep-15 1.2480 1.2492 1.2468
31-Oct-15 1.3068 1.3081 1.3055
30-Nov-15 1.3082 1.3095 1.3069
31-Dec-15 1.3221 1.3234 1.3208
31-Jan-16 1.2823 1.2836 1.2810
29-Feb-16 1.2559 1.2572 1.2546
31-Mar-16 1.2993 1.3006 1.2980
30-Apr-16 1.3004 1.3017 1.2991
31-May-16 1.3465 1.3478 1.3452
30-Jun-16 1.2769 1.2782 1.2756
31-Jul-16 1.3151 1.3164 1.3138
31-Aug-16 1.3006 1.3019 1.2993
30-Sep-16 1.2935 1.2948 1.2922
31-Oct-16 1.2696 1.2709 1.2683
30-Nov-16 1.2779 1.2792 1.2766
31-Dec-16 1.2865 1.2878 1.2852
31-Jan-17 1.2736 1.2749 1.2723
28-Feb-17 1.284 1.2853 1.2827
31-Mar-17 1.3023 1.3036 1.3010
30-Apr-17 1.3159 1.3172 1.3146
31-May-17 1.2925 1.2938 1.2912
30-Jun-17 1.2099 1.2111 1.2087
31-Jul-17 1.1905 1.1917 1.1893
31-Aug-17 1.1815 1.1827 1.1803
30-Sep-17 1.1937 1.1949 1.1925
31-Oct-17 1.2281 1.2293 1.2269
30-Nov-17 1.2639 1.2652 1.2626
31-Dec-17 1.2656 1.2669 1.2643
31-Jan-18 1.2706 1.2719 1.2693
28-Feb-18 1.2800 1.2813 1.2787
31-Mar-18 1.2712 1.2725 1.2699
30-Apr-18 1.2614 1.2627 1.2601
31-May-18 1.2564 1.2577 1.2551
30-Jun-18 1.2348 1.2360 1.2336
31-Jul-18 1.2249 1.2261 1.2237
31-Aug-18 1.2150 1.2162 1.2138
30-Sep-18 1.2581 1.2594 1.2568
31-Oct-18 1.2386 1.2398 1.2374
30-Nov-18 1.2440 1.2452 1.2428
31-Dec-18 1.2361 1.2373 1.2349
31-Jan-19 1.2516 1.2529 1.2503
28-Feb-19 1.2439 1.2451 1.2427
31-Mar-19 1.2313 1.2325 1.2301
30-Apr-19 1.2560 1.2573 1.2547
31-May-19 1.2508 1.2520 1.2495
30-June-19 1.1779 1.1791 1.1767
31-Jul-19 1.1570 1.1582 1.1558
31-Aug-19 1.1399 1.1410 1.1388
30-Sep-19 1.1698 1.1710 1.1686

Month

June 2019
June 2018
June 2017
June 2016
June 2015
June 2014

Amount

0.0876
0.0107
0.0923
0.0500
0.0445
0.1091

The Fund offers an opportunity for investors to participate in a managed investment scheme managed by an experienced investment team, APSEC Funds Management Pty Ltd (Investment Manager, ABN 48 152 440 723, Corporate Authorised Representative (411859) of APSEC Compliance & Administration Pty Ltd (ABN 30 142 148 409; AFSL 345443)). Equity Trustees Limited (ABN 46 004 031 298) is the responsible entity of the Atlantic Pacific Australian Equity Fund ARSN 158 861 155 and the holder of AFS Licence number 240975.