Fund Summary

Unit prices

Buy 1.6418 / Sell 1.6352 (as at 20/08/2019)

Unit price history (CSV)

Date of Inception

04/07/02

The Investment

Units in a unit trust – the CI Australian Equities Fund (the "Fund").

Minimum Initial Investment

$500,000.00

Manager

Cooper Investors Pty Limited ("CI" or the "Manager").

Custodian

National Australia Bank Limited.

Benchmark

S&P/ASX 200 Accumulation Index.

Distributions

Income distributions will normally be paid half-yearly as at 31 December 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.

Investment Risks and Return Objectives

The objective of the Fund is to generate long term returns above the Benchmark by investing in a range of Australian and New Zealand listed securities. It is a long only portfolio of 20-45 stocks.

The Fund may own up to 10% of the portfolio in New Zealand listed securities (not listed in Australia).

Investment Strategy

The Manager will use CI's VoF research framework to assess individual companies and industries and to construct a 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 Fund will generally be fully invested and 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.

Additional Information & Fees

Applications

Following the minimum initial investment, $50,000 minimum tranches may be invested on each Tuesday 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 Tuesday 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 Benchmark plus GST (calculated and paid monthly in arrears directly from the Fund). A high water mark applies.

Fund Performance History

Inception Date: 04 July 2002

Performance as at 31 July 2019
Rolling 3 Months Rolling 1 Year Rolling 2 Year Rolling 3 Year Rolling 5 Year Rolling 7 Year Rolling 10 Year Since inception cumulative Since inception annualised
CI Australian Equities Fund (Gross) 7.88% 9.01% 13.53% 10.11% 11.05% 14.73% 12.65% 670.79% 12.70%
Benchmark 1 8.58% 13.26% 13.93% 11.69% 8.55% 11.74% 9.56% 346.42% 9.16%
Value Added -0.70% -4.25% -0.40% -1.58% 2.50% 2.99% 3.09% 324.37% 3.54%

Inception Date: 04 July 2002

1. Benchmark: S&P/ASX 200 Accumulation Index.

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.

  1. Read the Information Memorandum
  2. Complete the Application Form
  3. Send to:

    Cooper Investors Pty Limited
    GPO Box 804
    Melbourne, VIC, 3001, Australia

Get in touch with Cooper Investors