MONTAKA GLOBAL EQUITIES FUND
OVERVIEW
The Montaka Global Equities Fund is a global equity long-short fund launched as a daily priced managed fund in January 2018, and aims to substantially mirror the highly successful Montaka Global Fund that has been running in wholesale form since 1 July 2015. Combining Montaka Global’s value investing approach in high quality businesses, with the opportunity to profit from broken business models, deteriorating industry trends and divergent expectations.
The Fund aims to generate materially higher risk- adjusted returns, net of fees, than is available in the market place over the medium term. The Fund will also seek to offer a significant level of capital preservation, across all market cycles.
Minimum investment $1,000,000.
PERFORMANCE
| Montaka Global Equities Fund | Average Net Market Exposure | MSCI World Net Total Return Index (AUD) | |
|---|---|---|---|
| 1 month | 5.1% | 79% | 3.1% |
| 3 months | 17.0% | 82% | 12.1% |
| 12 months | 9.2% | 79% | 31.3% |
| Since inception | 1.4% | 51.9% | 64.4% |
As at 31 August 2021
Fund inception date: 23 January 2018
Performance is net of fees and assumes distributions are reinvested.
Past performance is not an indicator of future performance
Growth of $100,000 invested since inception
UNIT PRICE
Buy
$3.2282
NAV
$3.2201
Redeem
$3.212
As at 30 Sept 2021. This fund is forward priced. The price you receive is based on the close of market prices.
DISTRIBUTION
| Date | Distribution (A$) per unit | Reinvestment per unit |
|---|---|---|
| June 2019 | 4.6 cents | $3.6240 |
| June 2018 | 1.9 cents | $3.6178 |
FUND FACTS
| Inception Date | 23 January 2018 |
| Investment Manager | Montaka Global Pty Ltd |
| Objective | The Fund will seek to generate materially higher risk-adjusted returns, net of fees, than is available in the equity market place over the medium-term. The Fund will also seek to offer a significant level of capital preservation, across all market cycles. Returns are not guaranteed. |
| Hurdle for performance fee | The Australian Ten-Year Government Bond Yield |
| Fund Description | Montaka provides our clients the opportunity to benefit from both the gains of extraordinary businesses and the declines of deteriorating businesses through a global equity long short strategy, with the potential for greater capital protection when share markets turn down. |
| APIR Code | PER6331AU |
| Liquidity | Daily. Redemption requests are required to be received by the Unit Registry by 3pm Sydney time (via post, fax or email). |
| Recommended Investment Timeframe | At least 5 years |
| Minimum Investment | A$1,000,000 |
| Minimum Additional Investment | A$2,000 |
| Frequency of Pricing | Daily |
| Entry Fee | Nil |
| Exit Fee | Nil |
| Buy/Sell Spread | +0.25% |
| Management Fee | Up to 1.85% p.a |
| Performance Fee | The Manager will be entitled to receive a Performance Fee equal to 20% of the amount by which the performance of the Fund, after fees and ordinary expenses have been deducted, exceeds the benchmark return (being the yield for Australian 10-Year government bonds) at the end of the calculation period (semi-annually as at 30 June and 31 December). |
CONTACT US
If you are a current investor and need assistance with change of details, tax statements, additional investments or redemptions, please contact the Administrator Mainstream Fund Services on 1300 133 451 or email MGIM@MainstreamGroup.com
Montaka Global Pty Ltd, ABN 62 604 878 533, AFSL No. 516942 (previously known as MGIM Pty Ltd) is the investment manager and can be reached on 02 7202 0100 or email at office@montaka.com
DOCUMENTS
Product Disclosure Statement (PDS)
Fact Sheet
To learn more about us please click below
You should read the Product Disclosure Statement (PDS) before deciding to acquire the product.
Units in the Montaka Global Equities Fund (ARSN: 632 941 238) are issued by the Fund’s responsible entity Perpetual Trust Services Limited ACN 000 142 049, AFSL 236 648. Copies of the PDS are available by downloading them from this web page. Before making any decision to make or hold any investment in the Fund you should consider the PDS in full. An investment in the Fund must be through a valid application form attached to the PDS. You should not base an investment decision simply on past performance. Past performance is not an indicator of future performance. The investment returns of the Fund are not guaranteed, and so the value of an investment may rise or fall.
The information provided is general in nature and does not take into account your investment objectives, financial situation or particular needs. You should consider your own investment objectives, financial situation and particular needs before acting upon this information and consider seeking advice from a licensed financial advisor if necessary.
