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Endowment Fund

The objective of the Fund is to generate long term returns by investing in a range of listed securities. The Fund is an equities portfolio designed for investors in the pension phase and may also be suitable for charities.
Investment Strategy

The Fund invests in listed Australian and New Zealand securities together with a maximum exposure of 20% to listed securities in other international markets. The Fund can hold up to 20% of the portfolio in cash.

The Fund will invest in companies who provide sustainable and growing income and through portfolio construction will have the primary objectives of having lower portfolio volatility than the Australian stock market and out-performing this market during periods of market weakness. It is a diversified, long only portfolio of 30-50 stocks. The Fund will be managed on the basis that all unit holders have a zero tax rate and will report and be measured on an after tax basis (allowing for franking credits).

The manager will use CI’s VoF research framework to assess individual companies and industries and to construct a diversified portfolio that aims to achieve the risk and return objectives. This means that we seek to invest in quality companies with a strong value proposition. The level of exposure to specific companies, industries and markets will be selected by CI’s small, focused, experienced team using our VoF investment process.

The Manager will not invest in companies whose primary business is the production of tobacco, controversial weapons or gambling.

It will be assumed that all unit holders have a zero tax rate.

Fund Manager
Kent Mackieson
Kent Mackieson
Portfolio Manager - Endowment Fund
BBus, CFA
Kent Mackieson

Kent Mackieson

Portfolio Manager - Endowment Fund
BBus, CFA
Unit Prices
Buy 1.3149 / Sell 1.3097 (as at 24-Oct-24)
Unit price history (CSV)
Date of Inception

03/03/2014

The Investment

Units in a unit trust – the Cooper Investors Endowment Fund (the “Fund”)

Minimum Initial Investment

$500,000

Manager

Cooper Investors Pty Limited (“CI” or the “Manager”)

Custodian

Citigroup Pty Limited

Benchmark

S&P/ASX 200 Accumulation Index, adjusted for franking credits

APIR Code

CIP0006AU

Distributions

Income distributions will normally be paid quarterly as at 30 September, 31 December, 31 March and 30 June (although the Manager has the discretion to distribute more frequently) and will automatically be invested in further units unless a unit holder elects otherwise.

PERFORMANCE HISTORY

Performance & Reporting

Past performance is not a reliable indicator of future performance
Inception Date: 3 March 2014
*Annualised

Source: Internal CI data reports, October 31, 2024

Past performance is not a reliable indicator of future performance

Source: Internal CI data reports, October 31, 2024

Additional Information & Fees
Applications

Following the minimum initial investment, $50,000 minimum tranches may be invested on each Thursday and the last day of each month.

Redemptions

$50,000 minimum tranches (provided that the unit holder maintains a minimum investment of $500,000) may be redeemed on each Thursday and the last day of each month, with 1 business day’s notice.

Management Fee

0.75% per annum of the Net Asset Value (before fees and expenses) plus GST calculated and paid monthly in arrears directly from the Fund.

Performance Fee

10% of the Fund’s out-performance of the S&P/ASX 200 Accumulation Index after adjusting for franking credits plus GST. A high water mark applies.

Cooper Investors Endowment Fund
Investment Report View Now
Cooper Investors Endowment Fund
Quarterly Report View Now
The Steps

How to invest.

The minimum initial investment in the Fund (and the minimum holding) is $500,000 and the minimum subsequent investment is $50,000.

01
Read the Information Memorandum.
Download Now
02
Complete the Application Form.
Application Form

Wholesale funds.

By clicking the button below you are confirming that you are an Australian wholesale client for the purposes of section 761G of the Corporations Act 2001 (Cth) or you are otherwise in a jurisdiction where it is not unlawful for you to access information about CI’s products. The information contained on this website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject CI to any registration or other requirement within such jurisdiction or country.

In particular, the information contained in this website is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities or services in the United States to or for the benefit of any person in the United States. The Funds managed by CI have not been registered in the United States under the Investment Company Act of 1940 and units in the Funds are not registered in the United States under the Securities Act of 1933. The wholesale fund reports and other material contain factual information only and are not intended to imply any recommendation.

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