Alpha Fund Managers

Overview

Investment objective

The Alpha Infrastructure Fund is designed for investors seeking a diversified portfolio of specialist global listed Infrastructure investment managers. It aims to outperform (after fund fees and expenses, and before taxes) the S&P Global Infrastructure Total Return AUD Index on a rolling 3 to 5 year basis. The Alpha Infrastructure Fund invests in listed infrastructure assets through investing in securities listed on global stock exchanges. The Fund aims to be fully invested at all times with cash exposure not exceeding 20 per cent for any length of time. The underlying funds in which the Alpha Infrastructure Fund invests may utilise approved derivative instruments subject to the specific restriction that derivative instruments cannot be used to gear the portfolio exposure.

Investments held

The Alpha Infrastructure Fund gains exposure to listed infrastructure securities traded on global markets by investing into infrastructure securities managed funds.

Minimum suggested investment timeframe

The minimum suggested investment timeframe for the Alpha InfrstructureFund is 3 to 5 years. The minimum suggested timeframe is a general guide only, and does not take into account your individual circumstances. We advise investors to seek financial advice to determine an appropriate investment period for the Alpha Infrastructure Fund.

Investment Managers

Magellan Asset Management Limited

Magellan Asset Management Limited (Magellan) is a wholly owned subsidiary of the Australian Securities Exchange-listed Magellan Financial Group Limited. Magellan establishes and operates globally focused investment funds for retail, high net worth and institutional investors.

The Magellan Infrastructure strategy invests in global listed infrastructure securities.

Magellan believes that quality infrastructure assets have two key characteristics:

  1. The asset provides a service that is essential for the efficient functioning of a community; and
  2. The cash-flows generated by the asset are reliable and do not face external risks such as sovereign risk, competition, commodity price movements or technological obsolescence.

The Magellan Infrastructure strategy aims to provide consistent long-term absolute returns, which exceed the risk adjusted returns expected of the asset class.

 

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Information on this page is general advice only and is not personal advice. It does not take into account your individual objectives, financial situation or needs. Please review a copy of the Product Disclosure Statement to determine if this is a suitable investment to meet your needs or speak to your financial adviser before you make any decision to invest.

Funds invested are not guaranteed and their value will rise and fall in line with market forces. Past performance is no guarantee of future return.

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APIR

ETL0319AU

Who should invest?

Suited to medium to long-term investors seeking exposure to both Australian and international infrastructure equities with the potential to achieve long term capital growth and steadily increasing dividends

Investments held

Predominantly Australian and global infrastructure securities managed funds

Investment manager

Alpha Fund Managers Pty Ltd

Responsible entity

Equity Trustees Limited

Benchmark

S&P Global Infrastructure Total Return AUD Index

Minimum recommended investment time frame

3 to 5 years

Minimum initial investment

$25,000

Minimum additional investment

$10,000

Minimum withdrawal

$10,000

Minimum balance

$25,000

Withdrawal of monies under normal circumstances

Within 7 days

Valuation frequency

Daily

Unit price

Generally determined each business day based on the Net Asset Value of the Fund

Buy/Sell spread

0.35% / 0.35%

Income distribution

Half yearly

Management costs

1.23% p.a.

Performance fees

Yes - Refer to PDS

Date of inception

March 2012

Please refer to the Alpha Fund Series PDS for further information