NAOS Emerging Companies Long Short Equities Fund
For an Application Form please download the Product Disclosure Statement below.
FUND FEATURES
Investment Universe
Stocks outside S&P/ASX 100 Index
Short Portfolio Inclusive of ASX-100
Investment Objective
Provide positive investment returns in excess of the Benchmark Index (S&P/ASX Small Ordinaries Accumulation Index).
Investment Strategy
130/30 with a long bias
Gross Market Exposure Limits
160% of the net asset value of the Fund, with a maximum cash weighting of 30%
Exposure Limits to Individual Securities
+/-15% of the Fund's net asset value
Date of deed establishing the Fund
11 November 2004
Minimum Suggested Timeframe
5-7 Years+
Potential Volatility
Medium - High
Management Fee
1.17875% p.a. of the net asset value of the Fund
Application/Redemption Fees
Nil
Buy/Sell Spread
+/- 0.75%
Unit Pricing
Daily
Distribution
Annual, paid in July into your nominated bank account or reinvested back in to the fund
Minimum Investment
$25,000
Minimum Balance
$25,000
Minimum Additional Investment
$10,000
Minimum Redemption
$10,000
Performance Fee
20.5% (Inclusive of the net effect of GST) of the excess return above the Benchmark Index (S&P/ASX Small Ordinaries Accumulation Index). Underperformance is required to be made up in subsequent periods before a performance fee is earned.
Ongoing Fee Measure (OGFM)1
Capped at 1.17875% (Inclusive of the net effect of GST)
Additional costs may apply. Please refer to the section entitled 'Transaction costs and Buy/Sell Spread' under the heading 'Additional explanation of fees and costs'.