The Antares High Growth Shares Fund is an actively managed portfolio of Australian equities listed, or expected to be listed on the Australian share market investing in both long and short positions. The Fund uses active trading, along with the ability to use exchange traded derivatives with the aim of enhancing returns for investors.
The Fund aims to outperform the S&P/ASX 200 Accumulation Index by 5% pa (before fees) over a rolling five-year period.
|Inception date||7 December 1999|
|Benchmark||S&P/ASX 200 Accumulation Index|
|Management fee||1.05% p.a. of the net asset value of the Fund (including GST net of Reduced Tax Credit)|
|Performance fee||20% of the Fund's return (after deducting the Management fee) in excess of the Benchmark plus 5%|
|Buy/sell spread||+0.15% / -0.15%|
|Minimum additional investment||$5,000|
|Availability||AMP, Asgard, Austchoice, BT Wrap, Colonial First Wrap, IOOF Macquarie Wrap, MLC MasterKey, MLC Wrap, Netwealth Portfolio Care, Praemium and Oasis.|
|Risks||The significant risks of investing in the Fund include market risk, security specific risk, derivative risk, short selling risk, leverage risk, counterparty risk, fund risk, liquidity risk, risk of underperformance, and credit (default) risk. Further information on these risks is detailed in the Fund's PDS.|
|Performance||View prices & performance|
|Research House Ratings||Lonsec: Rated
The above is just a snapshot of the Fund's terms and features. Further terms and conditions are set out in the Fund's PDS.
The Lonsec rating (assigned December 2014) presented in this document is published by Lonsec (who is Lonsec Limited ABN 56 061 751 102 AFSL No. 246842 and Lonsec Research Pty Ltd ABN 11 151 658 561, Corporate Authorised Representative of Lonsec Limited). The rating is a “class service” (as defined in the Financial Advisers Act 2008 (NZ)) or is limited to “General Advice” and based solely on consideration of the investment merits of the financial product(s). It is not a recommendation to purchase, sell or hold the relevant product(s), and you should seek independent financial advice before investing in this product(s). The rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.
For further information regarding Lonsec’s ratings methodology, please refer to our website at: https://www.lonsec.com.au/aspx/Public/Documents/Ratings%20Definitions.pdf
The Lonsec rating is only one of many factors that you should take into account when deciding whether to invest in the relevant product(s).
The Zenith Investment Partners (“Zenith”) ABN 60 322 047 314 rating (July 2014) referred to in this document is limited to “General Advice” (as defined by the Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Zenith usually charges the product issuer, fund manager or a related party to conduct Product Assessments. Full details regarding Zenith’s methodology and regulatory compliance are available on our Product Assessment’s and the Zenith website.
The Zenith rating is only one of many factors that you should take into account when deciding whether to invest in the relevant product(s).
An investment in any of Antares Capital products does not represent a deposit with or a liability of National Australia Bank Limited (NAB) or any other member of the NAB group of companies and is subject to investment risk, including possible delays in repayment and loss of income and capital invested. Neither Antares Capital nor any other member of the NAB Group guarantees the repayment of your capital, payment of income or the performance of your investment. NAB does not provide a guarantee or assurance in respect of the obligations of Antares Capital, ACP or products.