Fund Outline

Fund Outline

Auscap Global Equities Fund Outline

The Auscap Global Equities Fund is an Australian dollar denominated, global equities fund.  In managing the Fund, Auscap’s strategy is to invest in listed global equities using a value based investment philosophy.

The aim of the Fund is to generate strong absolute returns over the long term.

The Fund is open to wholesale investors.

Fund Auscap Global Equities Fund
Fund Type Australian unregistered managed investment scheme
Fund APIR code ASX6486AU
Investment Manager &
Trustee
Auscap Asset Management Limited
ACN 158 929 143 AFSL 428014
Investment Objective To generate strong absolute returns over the long term
Fund Holdings 40 to 60 positions
Investment Time Horizon 5 years+
Minimum Investment $100,000 [1]
Minimum Additional Investment $50,000 [1]
Commencement Date 1 November 2019
Management Fee 1.5% p.a. of the NAV of the Fund (excludes the effect of GST net of RITC) [2]
Performance Fee 15% of Outperformance over the Benchmark, being MSCI World 100% Hedged to AUD Index, subject to the High Watermark (excludes the effect of GST net of RITC) [2] [3]
Bid/Ask Spread 0.25%/0.25%
Application/Exit Fee Nil
Applications Monthly
Redemptions Monthly, with a minimum one month notice period
Valuations Monthly
Distributions Annually, following financial year end

[1] Auscap Asset Management reserves the right to accept lower amounts at its discretion.

[2] Capitalised terms have the meaning given to them in the Information Memorandum for the Fund.

[3] Source: MSCI. The MSCI data is comprised of a custom index calculated by MSCI for, and as requested by, Auscap Asset Management Limited. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement,  merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com)

Applications for the Auscap Global Equities Fund can be made by completing the Application Form in the Information Memorandum, a copy of which is available on this website or by contacting Auscap Asset Management at info@auscapam.com or on +61 2 8378 0800.