Intermede Global Equities Fund
Fund description: The Fund invests in an actively managed portfolio of equities listed (or expected to be listed) on share markets around the world. The Fund is not hedged to the Australian dollar.
Investment approach: Intermede engages in intensive research to identify investment opportunities in mid and large capitalisation companies and across developed and emerging markets. The Fund is a concentrated portfolio of approximately 40 equities.
Intermede's investment philosophy is that companies with good management and strong market positions in attractive industries will outperform if their shares are bought at the right price. Intermede implements its philosophy through a rigorous investment process. Intermede looks for companies that meet some or all of the following criteria:
- a sustainable competitive advantage e.g. a dominant position in their industry
- a superior business model eg their costs grow more slowly than revenue
- an excellent management team eg proven track record and clear strategy for growth, and
- a price lower than Intermede's valuation for the company.
Fund objective The Fund aims to deliver a return that exceeds the Benchmark (before fees) over seven-year periods. APIR code PPL0036AU Inception date 20 April 2015 Benchmark MSCI All Country World Index (net dividends reinvested) (A$) Minimum suggested timeframe
7 years or more
(Please note this is a guide not a recommendation).
Management Fee 0.99% p.a. (including GST, net of Reduced Input Tax Credit) Minimum initial investment $20,000 Minimum additional investment $1,000 Risk level (expected volatility) High: While the Trust offers investors the potential for higher returns over the long term compared to funds investing in other types of assets such as fixed income or cash, the high level of volatility in the Trust means the likelihood of the value of your investment going down over the short term is relatively high. Distribution frequency Annual Indicative asset allocation ranges
Global developed markets: 70%-100%
Global emerging markets: 0%-30%
Cash and cash equivalents: 0%-10%
Typical number of stocks Approximately 40 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.
How to invest in the fund
Speak to your Business Development Manager for more information on available platforms.