Wingate Global Equity Fund - P Class

About the Fund

The Wingate Global Equity Fund – P Class is a large cap, international equities fund. This fund invests in the Wingate Global Equity Fund – Wholesale Units and offers a differentiated performance fee structure. 

Consistent with our investment approach, this fund is differentiated by:

A diversified, contrarian approach to international investing

International equity exposure with reduced downside risk

A smoother return profile

Quarterly income distribution

Performance fee

Australian Unity Funds Management Limited is the Responsible Entity for the Fund.

Fund Performance

Fund Snapshot

APIR Code AUS0078AU
Minimum initial investment $5,000
Management fees 0.8791% p.a.
Estimated Recoverable Expenses 0.1045% of the net asset value of the Fund for each financial year ending 30 June
Performance fee 15.375% of the Wholesale Fund P Class performance in excess of the stated benchmark performance*
Buy/Sell spread 0.25% / 0.25%
Fund switch Free monthly switch to the Wingate Global Equity Fund - Hedged P Class

Performance

Return on units Benchmark* Active return
1 mth % -0.40 -2.64 2.23
3 mth % 2.97 3.62 -0.66
1 yr % p.a. 10.35 14.73 -4.38
3 yrs % p.a. N/A N/A N/A
5 yrs % p.a. N/A N/A N/A
Since Inception ‡  % p.a. -0.19 7.32 -7.50

As at 30 June 2017

Returns are calculated after fees and expenses and assume the reinvestment of distributions. Past performance is not a reliable indicator of future performance.
* Benchmark is MSCI World (ex Aust) $A Hedged Net Dividends Reinvested
‡ Inception date for performance calculation is 1/07/2015

View performance history

Unit Prices

Effective date 17 Aug 2017
Entry price $0.9064
Exit price $0.9018

Distributions

Frequency Quarterly
Period end 30 Jun 2017
Cents per unit 3.1951
Reinvestment price $0.9291

Investment process

1. Screen

Filters the universe and eliminates high risk stocks and catalyst driven sub-sectors.

2. Stock selection

Focuses on large cap companies that demonstrate a competitive advantage with stable intrinsic value but are out of favour.

3. Innovative implementation

Cash-backed put options and stock-backed call options are used to buy and sell holdings.

Why invest with Wingate

International equity exposure

Exposure to global investment opportunities and trading strategies not readily accessible to individuals.

Reduced downside risk

Stock selection and entry/exit strategy aims to participate in most market upside but reduce downside risk.

Diversification

A contrarian approach to international investing.

Income distributions

The Fund aims to provide quarterly income distribution returns to investors of 5 - 7 % p.a

Tax-aware treatment of income

Option premium received is assessed on capital account as opposed to revenue. This can provide potential tax advantages for some investors.

Lower volatility

Smoother return profile reduces sequencing risk (timing of returns)

Important information

This product is issued by Australian Unity Funds Management Limited ABN 60 071 497 115, AFS Licence No. 234454. The information contained above is not based on the financial objectives, situation or needs of any particular investor. In deciding whether to acquire or continue to hold the product you should obtain the Product Disclosure Statement and consider whether the product is appropriate for you. The website was prepared in good faith and we accept no liability for any errors or omissions. Past performance is not a reliable indicator of future performance.