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The Bennelong ex-20 Australian Equities Fund primarily selects stocks from the S&P/ASX 300 Index excluding those from the S&P/ASX 20 Leaders Index.
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Benchmark
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S&P/ASX 300 Accum Index excluding S&P/ASX 20 Leaders Index
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Portfolio managers
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Mark East/Paul Cuddy
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Stock number (typical)
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30
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Active stock limit
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± 10%
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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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Bennelong Australian Equity Partners
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Investment style
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Core
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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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2 November 2009
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Fees and charges
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Management Fee: 0.95% per annum of Net Asset Value
Performance fee: 15% of any amount by which the Fund's return (before payment of Management Fee) is greater than the return generated by the S&P/ASX 300 Accumulation Index, excluding that part of the return generated by stocks within the S&P/ASX 20 Leaders Index.
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Investment amount
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Initial Investment Minimum: $50,000
Withdrawal Minimum: $5,000
Subject to the Responsible Entity's absolute discretion.
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