Fund Outline

Fund Outline

Auscap Long Short Australian Equities Fund Outline

Auscap Asset Management is focused on generating strong absolute returns for our investors. The key features of the Auscap Long Short Australian Equities Fund are detailed below.

The Fund is open to retail and wholesale investors.

Fund Auscap Long Short Australian Equities Fund
Fund Type Australian registered managed investment scheme
Investment Manager &
Responsible Entity
Auscap Asset Management Limited

ACN 158 929 143 AFSL 428014 ARSN 615 542 213

Investment Objective The Fund aims to generate strong absolute returns in excess of the Benchmark, being the All Ordinaries Accumulation Index
Fund Holdings 30 – 60 investments
Investment Time Horizon 5 years+
Management Fee 1.5375% p.a. of the NAV of the Fund (GST inclusive net of RITC) [2]. See the Product Disclosure Statement for the Fund for more information on applicable fees and costs.
Performance Fee 15.375% of Outperformance over the Benchmark (GST inclusive net of RITC), subject to the performance of the Fund also exceeding that of the Reserve Bank of Australia Cash Rate since the High Water Mark.
Application/Exit Fee Nil
Commencement Date December 2012
Class Monthly Class Monthly Class Daily Platform Class
Minimum Investment $1 $1 $1
Minimum Additional Investment $1 $1 $1
Bid/Ask Spread 0.2%/0.2% 0.2%/0.2% 0.3%/0.3%
Applications Monthly Monthly Daily
Redemptions Monthly [3] Monthly [3] Daily
Valuations Monthly Monthly Daily
Distributions Annually Annually Annually

[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 Product Disclosure Statement for the Fund.

[3] For redemptions, the Responsible Entity must be given a minimum of one month’s notice.

For information on how to apply, please click here, or contact Auscap Asset Management at or on +61 2 8378 0800.