Wingate Global Equity Fund - Wholesale Units

About the Fund

The Wingate Global Equity Fund is a large cap, international equities fund. 

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

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



Fund Performance

Fund Snapshot

APIR Code AUS0035AU
Minimum initial investment $5,000
Management fees 1.16% p.a.
Estimated Recoverable Expenses 0.12% of the gross asset value of the Fund for the financial year ending 30 June 2018^
Performance fee Nil
Buy/Sell spread 0.25% / 0.25%

Performance

Post-fee Performance1 Total Return Income Return* Growth Return
1 mth % 3.09 0.00 3.09
3 mth % 7.20 0.93 6.27
6 mth % 4.18 5.07 -0.89
1 yr % p.a. 8.81 7.37 1.43
3 yrs % p.a. 7.59 8.61 -1.01
5 yrs % p.a. 13.39 10.31 3.08
7 yrs % p.a. 11.27 8.07 3.21
Since Inception ‡  % p.a. 6.46 6.95 -0.49

As at 31 October 2017

Returns are calculated after fees and expenses and assume the reinvestment of distributions. Past performance is not an indicator of future performance.

* Income includes net realised capital gains

‡ Inception date for Wholesale performance calculations is 18/08/2008
View performance history

Unit Prices

Effective date 7 Dec 2017
Entry price $0.9645
Exit price $0.9597

Distributions

Frequency Quarterly
Period end 30 Sep 2017
Cents per unit 0.8000
Reinvestment price $0.9145

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)

Ratings and awards

Recommended rating by Zenith Investment Partners

*Recommended rating by Zenith Investment Partners

Recommended rating by Lonsec Research

**Recommended rating by Lonsec Research

MorningStar Awards™ 2014

***Undiscovered Manager Category Finalist in the MorningStar Awards™ 2014

Wingate Asset Management was honoured to be recognised as a finalist in the Undiscovered Manager Category in the Morningstar Awards 2014, Australia. 

The Morningstar Undiscovered Manager Finalist Award identifies and recognises the Australia-domiciled fund manager which, in Morningstar’s opinion, has excelled in its sector in the year for which the award has been made.

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. 
  

^Effective 30 September 2017. Inclusive of the impact of RITC (Reduced Input Tax Credits). Refer to the PDS and Additional Information Document for more information about fees and costs for this Fund.

*The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned May 2015) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines.

**The Lonsec Rating (assigned February 2016) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Australian Unity Funds Management Limited’s (Fund Manager)  product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.

For further information regarding Lonsec’s Ratings methodology, please refer to our website at: http://www.beyond.lonsec.com.au/intelligence/lonsec-ratings

***Morningstar Awards 2014©. Morningstar, Inc. All Rights Reserved. Awarded to Wingate Asset Management (Wingate Global Equity Fund) Undiscovered Manager Finalist, Australia

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.

^Effective 30 September 2017. Inclusive of the impact of RITC (Reduced Input Tax Credits). Refer to the PDS and Additional Information Document for more information about fees and costs for this Fund.