Series Class

Series Class

Series Class Outline

Auscap Asset Management is focused on generating strong absolute returns for our investors. The key features of the Series Class are detailed below.

Class Series Class
– Management fee 1.5% of FUM (exclusive of GST)
– Performance fee 15% of outperformance over RBA Cash Rate (exclusive of GST) [3]
– Bid/ask spread 0.2%/0.2%
Application Application form in PDS
Minimum Initial Investment $100,000 [1]
Minimum Additional Investment $50,000 [1]
Minimum Redemption Amount $10,000[2]
Valuation Monthly
Liquidity Monthly
Redemption notice period Minimum 1 month
Cut-off for applications 5pm, last business day of month
Cut-off for redemptions 5pm, last business day of month
Distribution Annually, following financial year end
Benchmark RBA cash rate
High watermark Yes, no reset
Series consolidation Yes, if performance fee paid during FY
Research Zenith – Recommended

Lonsec – Recommended

Platforms N/A

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

[2] For redemptions, the Responsible Entity must be given one month’s notice.

[3] Performance Fee is calculated as 15% of the total gross return less expenses and management fees in excess of the Reserve Bank of Australia Cash Rate over the performance period, payable semi-annually for the Series Class and monthly for the Platform Class. The Performance Fee is subject to a high water mark with respect to previous performance.

Applications for the Auscap Fund can be made by the application form in the Product Disclosure Statement, a copy of which is available on this website or by contacting Auscap at or on +61 2 8378 0800.