A convenient 'all-in-one' solution which provides access to a diversified range of Australian and international alternative investments.
The Select Alternatives Portfolio’s objectives, over rolling three year periods, are:
- to achieve performance greater than the cash rate plus 4% per annum (after fees and expenses), and
- volatility of 8% per annum (as measured by the annualised standard deviation).
- An actively managed diversified portfolio of alternative investments using specialised investment managers and selected listed investment vehicles and direct investments. With exposure to a range of local and international alternative strategies (such as hedge funds and managed futures) and alternative assets (such as commodities, private equity, infrastructure and gold / precious metals), as well as some cash.
Select Alternatives Portfolio Facts ^
|Fund Structure||Australian registered unit trust ARSN 104 903 684 APIR SLT0005AU|
|Responsible Entity||Select Asset Management Limited (Australian Financial Services Licence No. 223271)|
|Underlying Manager||Select Asset Management Limited|
|Minimum Initial Investment||A$25,000|
|Applications||Weekly and Monthly (refer to Select processing calendar)
|Withdrawals||Weekly and Monthly (refer to Select processing calendar)
|Distributions||Six monthly, June 30th and December 31st|
|Management Costs||1.275% estimated per annum|
|Performance Fee||10.25% (including irrecoverable GST) out-performance over the Australian 180-day bank bill return, with a high water mark|
|Buy-Sell Spread||0.25% both sides (goes to the portfolio)|
|Unit Prices||Weekly and monthly|
|Fund Payment Notice details
30 June 2012
|Fund Payment Notice|
^ Please refer to the fund PDS for a detail description on fees and fund facts