FAQ's

The Fund's investment universe is predominantly companies and other securities listed on the Australian Securities Exchange (ASX). The Fund's maximum shareholding in any one company is 10% unless the market weight of the share in the S&P/ASX 200 Index is above 10%.

Lodestar Capital Partners Pty Limited (Lodestar) is a dynamic specialist Australian equity manager founded in 2005.

Lodestar follows an investment philosophy that is honed by its team’s collective 100 plus years of experience across diverse markets and sectors.

Lodestar’s focus is on delivering sustainable investment returns over the long term by applying its extensive experience and skills, within a boutique structure which enables it to seize opportunities.

Lodestar follows an investment philosophy that is driven by the team’s collective 100-plus years of experience across diverse markets and sectors.

Lodestar believe investment markets operate on the basis of imperfect information and carry inefficiencies, resulting in securities being frequently mispriced: either over or under-valued by the sharemarket.

Lodestar’s fundamental research, technical and quantitative analysis assist it in identifying these anomalies.

For full details of the Fees and other costs, please read "Section 6 - Fees and Other Costs" of the Lodestar Product Disclosure Statement ("PDS").

The Buy/Sell Spread is +0.25% on application and -0.25% on withdrawal. These amounts may change if the estimate of the underlying transaction costs changes. Buy/Sell Spreads are included in the application and withdrawal unit prices and are charged because entering or withdrawing from the Fund may necessitate the buying or selling of Fund investments, which in turn will incur costs such as brokerage.

The Fund generally distributes half yearly, calculated as at 30 June and 31 December. However, there may be periods in which no distributions are made or the Fund may make additional distributions.

The Fund is offered to all investors within Australia subject to each investor satisfying the conditions set out in the PDS and Initial Application Form and Additional Investment Form (where applicable). However, different investors will have differing investment objectives and appetites for risk.

The minimum initial investment amount into the Fund is $20,000. Information on the minimum initial investment required for the Fund is available in the Lodestar Product Disclosure Statement (PDS). Please visit the Fund Profile page for more information.

Lodestar Australian Strategic Share Fund Platform Availability Flyer [pdf, 251kb]

To invest you should read the current PDS for the Fund and complete the Initial Application Form within the PDS.

To make your initial investment, either:

1. By cheque:
   Mail your completed Initial Application Form and cheque to:
   National Australia Bank Limited
   Attn: Registry Services
   GPO Box 1406
   Melbourne VIC 3001
   
   Remember to attach to the Initial Application Form:
   • your cheque and ensure it is crossed "Not Negotiable" and made payable to 'NNL Lodestar Application Account - [your name(s)]'; and
   • if required, your certified documents to prove your identity (see the Initial Application Form on anti-money laundering and counter terrorism for the requirements).
   
   Alternatively, you can lodge the Initial Application Form and cheque through your financial adviser, and have your financial adviser complete the process and declaration detailed in the Lodestar PDS.
2. By Direct Deposit:
   Mail your completed Initial Application Form to:
   National Australia Bank Limited
   Attn: Registry Services
   GPO Box 1406
   Melbourne VIC 3001
   
   Fax your completed Initial Application Form to:
   National Australia Bank Limited
   Attn: Registry Services
   Fax: 1300 365 601
   
   AND
   
   Deposit your monies into the administrator's bank account:
   • Bank: National Australia Bank Limited
   • BSB No: 083-043
   • Account No: 86-821-4783
   • Account Name: NNL Lodestar Application Account
   • Description (name that will appear on the administrator's statement): [your name(s)].
   
   Remember to attach to the Initial Application Form your certified documents to prove your identity if investing directly with us (see the Initial Application Form for information on the anti-money laundering and counter terrorism requirements.)