Prime Value Growth Fund

The Prime Value Growth Fund was established on 10 April 1998. The Fund has achieved a positive return in 14 of the last 18 financial years and has out-performed its benchmark in 12 of the last 18 years. Most importantly, the Prime Value Growth Fund has preserved capital and outperformed strongly in negative years.

Feature Fund Facts
Portfolio Manager ST Wong
Investment objective To provide superior medium to long term capital growth, with some income, by managing a portfolio of predominantly Australian equities listed on any recognised Australian Stock Exchange.
Benchmark S&P / ASX 300 Accumulation Index
Inception Date 10 April 1998
Cash limit 0 – 30%
Distribution Half-yearly
Recommended investment period 3 years +
Annualised Return 12.0%
Research Rating Lonsec – Investment Grade
Zenith – Approved
 
  Direct Investment (Class A) Platform Investment (Class B)
APIR code PVA0001AU PVA0011AU
Minimum Investment $20,000 N/A
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Indirect Cost Ratio (ICR) 1.435%* p.a. 1.23%* p.a.
Performance fee 20.5%** 20.5%**
* Unless otherwise stated, all fees quoted are inclusive of GST and the relevant RITC
** of performance (net of management fees and administration costs) above the agreed benchmark, subject to positive performance and a high water mark
Platforms
Asgard, Ausmaq, Beacon, BT Wrap, First Wrap, Hub24, IOOF, Global One, Macquarie Wrap, Netwealth, Symetry, Wealthtrac, Powerwrap

Summary

The Fund has had a remarkable performance track record since it was established. A notional $100,000 invested at the Fund’s inception had increased to $855,400 (net of fees excluding performance fees) as at 30 April 2017. This compares very favourably with the return of the market, where a $100,000 investment would have increased to $460,930 over the same period. The returns exclude the benefits of franking credits.

 

1. Benchmark refers to an index or measurement that is used by an investment manager to assess relative performance of an investment portfolio.
2. Prime Value reserves the right to accept less than the above minimum investment or to reject an application in whole or in part.
3. Unless otherwise stated, all fees quoted in this PDS are inclusive of GST, after allowing for an estimate for Reduced Input Tax credits (RITC).

Holdings by Sectors

 

Holdings by Market Cap