|
The Bennelong Kardinia Absolute Return Fund is a long/short Australian equity fund, with the long-term objective of achieving double-digit annual rates of return - without compromising on capital protection.
|
|
Benchmark
|
RBA Cash Rate
|
|
Portfolio managers
|
Mark Burgess/Kristiaan Rehder
|
|
Stock range
|
20-50 stocks
|
|
Client risk profile
|
Growth - sophisticated investors only
|
|
Investment team
|
Kardinia Capital
|
|
Responsible entity
|
Bennelong Funds Management Ltd
AFSL 296806
Level 2, 9 Queen St, Melbourne
|
|
Recommended investment period
|
Long term (five years plus).
|
|
Inception date
|
1 May 2006*
*The Bennelong Kardinia Absolute Return Fund (Fund) was launched on 1 May 2006 by another trustee. Bennelong Funds Management Ltd (Bennelong) assumed responsibility as replacement trustee on 16 August 2011. Performance information prior to 16 August 2011 relates to the previous trustee.
|
|
Fees and charges
|
Management Fee: 1.5% per annum plus GST of Net Asset Value
Performance fee: 20% plus GST of the Fund's outperformance above the RBA Official Cash Rate, subject to a High Watermark.
|
|
Investment amount
|
Initial Investment Minimum: $500,000
Withdrawal Minimum: $50,000
Subject to the Responsible Entity's absolute discretion.
|
