| Fund |
| Fund Structure | Company |
|---|
| Minimum Investment | $50,000 |
|---|
| Fees |
| Management Fee | 1% |
|---|
| Performance Fee | 20% of investment gains above the benchmark, after all fees & expenses |
|---|
| Withdrawal Fee | Nil |
|---|
| Annual Expenses | Accounting / bookkeeping, annual ASIC registration and other administrative expenses |
|---|
| Pricing & Benchmark |
| Benchmark | S&P/ASX 200 Franking Credit Adjusted Daily Total Return |
|---|
| NTA Calculation | Cash + investments at market + income receivable + franking credits − accrued expenses, fees and taxes |
|---|
| Underperformance | Any underperformance is carried forward into future periods |
|---|
| Liquidity & Distributions |
| Entry Timing | New and subsequent investments accepted on the first of each month |
|---|
| Exit Timing | Redemptions processed monthly, with two weeks' notice |
|---|
| Distributions | Annually |
|---|
| Reporting |
| Reporting | Monthly fund report |
|---|
| Tax Reporting | Annual tax statement provided |
|---|
| Risk |
| Risk | The investment strategy carries all the usual risks associated with equity investments and market fluctuations. Because it invests in less liquid stocks, this can lead to higher volatility. |
|---|
| Service Providers |
| Tax & Corporate Registration | Bentleys Chartered Accountants (QLD) |
|---|
| Audit | Audit Right Pty Ltd (QLD) |
|---|
| Brokers | NAB Trade; Interactive Brokers |
|---|
