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
1.87% 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
Unit Price
The Alpha Alternatives Fund’s unit price are calculated daily, please refer to the PDS for information relating to the buy/sell spread.
$0.8392
SUBSCRIPTIONS
$0.8333
REDEMPTIONS
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%).
2.47%
Standard deviation
-1.72%
Outperformance since inception
1.75%
Distribution yield
2.45%
Annualised volatility vs benchmark
Fund performance report – 31 October 2018
| Alpha Alternatives Fund | Distribution Return | Growth Return | Total Return | Benchmark Return | Outperformance |
| Month | 0.00% | -5.03% | -5.03% | 0.25% | -5.28% |
| 3 Month | 0.00% | -11.14% | -11.14% | 0.75% | -11.89% |
| 6 Month | 1.53% | -15.65% | -14.11% | 1.52% | -15.63% |
| 1 Year | 1.52% | -16.08% | -14.55% | 2.91% | -17.46% |
| 3 Years pa | 2.40% | -10.75% | -8.36% | 2.95% | -11.31% |
| 5 Years pa | 3.54% | -3.57% | -0.04% | 3.20% | -3.24% |
Investment Managers
The following Investment Managers sit within the Alpha Alternatives Fund.
Legg Mason Global Asset Management
Since its founding in 1899, Legg Mason has evolved into.....
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Dalton Street Capital
Dalton Street Capital is a boutique absolute return investment manager.....
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AE Capital Systematic FX Fund
AE Capital is a systematic FX fund manager that generates.....
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Steppenwolf Capital
Steppenwolf is a specialised CTA (Commodity Trading Advisor) based in.....
READ MORE 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.
L1 Capital is a boutique fund manager established in 2007 by Raphael Lamm (ex Cooper Investors) and Mark Landau (ex Invesco). L1 Capital has been one of Australia’s top performing Australian equity fund managers since inception in August 2007. L1 uses a fundamental, bottom-up research process to identify securities with the potential to provide attractive risk-adjusted returns. The fund aims to achieve lower beta than long-only products and lower portfolio risk than the market.
Dalton Street Capital is a boutique absolute return investment manager that invests based on mathematically established principle of behavioural finance and rigorous logic. The approach provides investors with strong absolute returns and low correlation to traditional asset classes. The Dalton Street strategy was formulated in 1996 and has delivered positive absolute returns in every calendar year since inception. Dalton Street brings together experienced and talented investment professionals within a partnership model that ensures direct alignment with investor’s interest.
AE Capital is a systematic FX fund manager that generates uncorrelated pure alpha. AE Capital achieves this by employing a unique dynamic strategy that adapts to changing macroeconomic themes and market conditions. AE Capital is different to traditional systematic and CTA managers in that they are purely fundamental, combining top-down fundamental market analysis with a scientific approach to produce systematic trading strategies.
Steppenwolf is a specialised CTA (Commodity Trading Advisor) based in Switzerland and been recognised with a number of awards in the hedge fund industry. The Systematic Intelligence Strategy is a diversified 100% systematic portfolio with four core investment strategies in Equities, FX, Interest Rates and Commodities. The strategies are dynamically weighted, allowing complete de-allocation from an asset class and avoiding over fitting and a pre-established bias. All Strategies are lowly correlated to each other, supported by the use of fundamentally different economic theories.
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.