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Patriot Small Companies Fund
Investments Held
The Patriot Small Companies Fund is a long-only absolute return fund (i.e. benchmark unaware) that invests in smaller ASX listed companies, not included in the S&P/ASX 100 Index.
Investment Objective
The objective of the fund is to maximise the absolute level of investment returns over a three to five year period, subject to achieving a minimum net (of all fees) return of 15% p.a. on average over three year rolling periods.
Investor Suitability
The Fund is best suited to investors who seek a concentrated, yet diversified portfolio of securities of smaller ASX-listed companies.
Suggested Investment Time Frame
The suggested minimum investment time frame is three to five years.
Income Distributions
Income Distributions are bi-annual, in July and January.
Asset Allocation
| Target Benchmark Weights |
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Asset Allocation Limits:
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Australian Shares 80%-100%
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Minimum Investment
$20,000
Fees & Charges
| Entry & Exit Fees |
Nil |
| Ongoing Management Fee |
1.1275% p.a. |
| Incentive Fee |
20.5% of the out performance above the five Year Commonwealth Government Bond rate, subject to the net investment return (after all fees, including incentive fees) at least equalling the return of the S&P/ASX Small Ordinaries Accumulation Index + 2% p.a. Incentive fees are also subject to a high water mark. |
| Buy/Sell Spread |
+/- 0.3% |
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