Prime Value Opportunities Fund
The Prime Value Opportunities Fund is a highly concentrated portfolio of securities invested across the broad market (i.e. large, mid, small or micro cap stocks).There are no index weightings or sector limit constraints and the Fund can invest in global equities (up to 20%). The Fund may at times invest largely in cash and fixed interest (up to 100%) based on the attractiveness of investment opportunities and market conditions. The Fund is designed as a post GFC’s mandate with an emphasis on risk management and minimising the risk of permanent capital loss.
|Portfolio Manager||ST Wong|
|Investment objective||To achieve superior absolute total returns by providing medium to long term capital growth without the constraints of a share market benchmark.|
|Inception Date||5 November 2012|
|Cash limit||0 – 100%|
|Recommended investment period||3 years +|
|Research Rating||Zenith – Recommended
Lonsec – Recommended
|Direct Investment (Class A)||Platform Investment (Class B)|
|Indirect Cost Ratio (ICR)||0.95%* p.a.||0.95%* p.a.|
|* Unless otherwise stated, all fees quoted are inclusive of GST and the relevant RITC|
|** of performance (net of management fees) above the agreed benchmark, subject to a high water mark|
|BT Wrap, Hub24, Netwealth, Powerwrap, Macquarie Wrap|
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 $210,300 (net of fees excluding performance fees) as at 29 February 2020. This compares very favourably with the return of the benchmark, where a $100,000 investment would have increased to $175,700 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).