Fund Summary

Northward Capital Australian Equities Trust

Northward Capital Australian Equities Trust

Investment Objective

Earn a return (after fees and expenses) which exceeds the return of the Benchmark, over rolling three-year periods.

Investment Universe

The Trust will predominantly invest in listed Australian securities and cash Derivatives may be used (refer to page 22 of the Northward Product Disclosure Statement (“PDS”) for a description of the Responsible Entity’s derivatives policy).The Trust’s target investment range for each asset class is referred to in the table below.The Trust may temporarily move outside these ranges due to certain factors such as the receipt of significant cashflows.If this occurs, action will be taken to bring the Trust back into these ranges as soon as possible. Where we believe it is in the best interests of investors as a whole, we may change the investment range from time to time without prior notice to investors.

Asset Class Investment Range
Australian Equities 90% - 100%
Cash 0% - 10%

Suitable Investors

The Trust may be suited to you if:
  • you recognise the greater long-term wealth creation potential of equities relative to other asset classes;
  • you wish to benefit from an actively managed Australian equity portfolio managed by a specialist boutique investment manager;
  • you are looking to enhance the performance of your existing Australian equity portfolio;
  • you have a longer term investment horizon;
  • you do not require an income stream;
  • you can benefit from franking credits; and
  • you are able to accept the volatility of investing in growth assets and the risk of derivatives.

 		 Research House Ratings
Please refer to the relevant Research House for current ratings.

Fund Category
Australian Equities

Inception Date
11 April 2008

Recommended Investment Timeframe
Five years

Performance
S&P/ASX 300 Accumulation Index (*ex LPTs prior to 1 August 09)

Application / Withdrawal Fees
Nil

Management Fee*
0.95% p.a.

Performance Fee*
15% of excess performance (after fees and expenses).above a hurdle return. The hurdle return is the S&P/ASX 300 Accumulation Index.

Buy / Sell Spread
0.25%

Income Distribution
Half yearly, as at June and December.