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Strategies


Karara Australian Equities Fund

The Karara Australian Equities Fund is a registered managed investment scheme open to wholesale investors.

Retail investors can access our Australian Equities strategy through the Ironbark Karara Australian Shares Fund.

Investor profile

The Fund may suit an investor seeking moderate to high growth potential over the suggested investment horizon and willing to accept the high risk/return profile of investing in a portfolio of actively managed Australian shares.

Investment horizon is at least five years.

Read recent strategy updates

Investment objective

To outperform the S&P/ASX300 Accumulation Index (before fees and taxes) over rolling 4-year periods.

Investment strategy

The Fund will invest in companies listed (or to be listed) on the Australian Securities Exchange (ASX).
The Fund may invest in derivatives, provided they are not used to gear the Fund.
The following portfolio construction guidelines will generally apply:
•    shares of 25-35 companies included in the S&P/ASX 100 Index plus an allocation to smaller companies
•    cash limited to 10% of the Fund’s net assets
•    share holdings restricted to 15% of the issued capital of a company.
Note: These guidelines may be adjusted from time to time.

Learn more about Karara's investment approach

Fees

Management fee: 0.78% pa (series 1 units) 0.92% pa (series 2 units)
Performance fee: nil
Fund audit expenses:  Capped at 0.20% pa

All fees are inclusive of GST and net of RITCs

Performance as at 30th November 2019

 

Karara Australian Equities Fund 1 mth 3 mths 1 yr 3 yr 5 yr Inception
Gross return 3.37% 7.38% 23.25% 11.18% 8.72% 6.07%
Net return 3.31% 7.18% 22.30% 10.31% 7.87% 5.23%
S&P/ASX ASX300 Accum. Index 3.18% 4.75% 26.04% 12.67% 9.96% 5.10%
Outperformance (net of fees) 0.13% 2.43% -3.75% -2.36% -2.09% 0.13%

 

Inception date: 3 January 2008. Periods greater than 1 year are annualized. Returns are based on exit prices of series 1 units, assume all distributions are reinvested and are net of fees. Gross returns are calculated using the net returns and adding back the MER and performance fees, where applicable. Past performance is not a reliable indicator of future performance.

 

Other information

Responsible Entity: Perpetual Trustees Services Limited

Distributions: Annually as at 30 June

Buy/sell spread: 0.25%

Application/withdrawals: Daily with notice to be received by 2pm on a business day

Karara Australian Equities Fund - Offer Documents

As a result of the amendments to the Privacy Act 1988 made by the Privacy Amendment (Enhancing Privacy Protection) Act 2012 which have come into effect on 12 March 2014, some key changes have been made to the Privacy Policy of the Responsible Entity.

A copy of the updated Privacy Policy for the Responsible Entity is located at

http://www.perpetual.com.au/privacy-policy.aspx.