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The Bennelong Avoca Emerging Leaders Fund primarily selects stocks from the S&P/ASX 300 Index and typically holds between 35 and 50 stocks.
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Benchmark
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S&P/ASX Small Ordinaries and S&P/ASX Mid-Cap 50 Indices
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Portfolio managers
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John Campbell/Jeremy Bendeich
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Stock range
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Typically 30-50 (maximum of 70 allowable)
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Active stock limit
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± 6%
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Cash limit
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0-10%
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Client risk profile
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Growth
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Investment team
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Avoca Investment Management
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Responsible entity
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Bennelong Funds Management Ltd
AFSL 296806
Level 2, 9 Queen St, Melbourne
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Recommended investment period
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Long term (five years plus).
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Inception date
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1 July 2011
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Fees and charges
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Management Fee: 1.25% per annum of Net Asset Value
Performance fee: 17.5% of any amount by which the Fund’s return (before fees and expenses) is more than 1.25% per annum greater than the return generated by the S&P/ASX Small Ordinaries Accumulation Index.
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Investment amount
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Initial Investment Minimum: $20,000
Withdrawal Minimum: $5,000
Subject to the Responsible Entity's absolute discretion.
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