Alpha Alternatives Fund
The Fund is suited to medium to long-term investors who seek the potential for alternative absolute returns strategies
$25,000
Minimum initial investment
$10,000
Minimum additional investment
$10,000
Minimum withdrawal
0.35%
Buy/Sell spread
2.15% p.a.
Management costs (including service costs)
$25,000
Minimum balance
The Alpha Alternatives Fund is designed for investors seeking strong long-term returns by investing in underlying strategies that provide exposure to a well-diversified portfolio of specialist Alternative investment managers. The Alpha Alternatives Fund will invest in equity long short, relative value, event driven, global macro and managed futures. The Alpha Alternatives Fund will actively seek to take advantage of strategic country and asset allocation, as well as security pricing opportunities, by investing in a diverse range of securities across the globe. The composition and performance of the Fund may differ significantly from its benchmark. The fund aims to outperform the Cash +1% (Bloomberg AusBond Bank Bill Index + 1.0%) after fund fees and expenses, and before taxes over rolling 3 to 5 year periods.
The Alpha Alternatives Fund gains exposure to alternatives by investing in a diversified mix of Alternative based investment strategies that typically have low or even negative correlation to each other.
Key information overview
Performance
The Alpha Alternatives Fund’s returns are calculated after fees have been deducted, assuming reinvestment of distributions. No allowance is made for tax. *Benchmark – Cash +1% (“Bloomberg Ausbond Bank” + 1%).
Past Performance is not a reliable indicator of future performance.
Fund performance – 28 February 2021
| Fund Return | Benchmark Return | Excess Return | |
| Month | -0.68% | 0.08% | -0.76% |
| 3 Month | 0.78% | 0.25% | 0.53% |
| 1 Year | 12.04% | 1.21% | 10.83% |
| 2 Years pa | 10.31% | 1.76% | 8.54% |
| 3 Years pa | 4.10% | 2.18% | 1.93% |
| 5 Years pa | 0.51% | 2.46% | -1.95% |
| Since Inception | 3.88% | 2.89% | 0.99% |
| Fund Information | 26 Feb 2021 |
| Application Price | $1.0077 |
| Redemption Price | $1.0006 |
| Size of Fund | $7,208,681 |
There have been no material changes in the fund’s risk profile; strategy; or any change in the individuals playing a key role in investment decisions for the Fund since the last quarterly report.
Investment Managers
The following Investment Managers sit within the Alpha Alternatives Fund.
Since its founding in 1899, Legg Mason has evolved into one of the largest asset management firms in the world, serving individual and institutional investors on six continents. Today, Legg Mason is a leading global investment company committed to helping clients reach their financial goals through long-term, actively managed investment strategies. The multi-affiliate business model helps their experts focus fully on performance delivery, while the team at Legg Mason provides a single seamless point of contact for solution delivery.
Premium China Funds Management (“Premium”) is a boutique funds management group providing specialist Asian equity and fixed-income funds to both Australian and New Zealand investors. Capturing the growing economies and influence of emerging Asia, Premium has developed 4 actively managed funds - the Premium China Fund, Premium Asia Fund, Premium Asia Property Fund and Premium Asia Income Fund. The funds are managed by a large and experienced team with offices in Hong Kong, Shanghai and Singapore. The directors and investment managers of Premium and its fund offerings have extensive knowledge in Asian equity and credit markets, wealth management, and other financial services.
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.