India Avenue Equity Fund
A long-term investment, in a well-diversified portfolio of companies, listed predominantly on India stock exchanges. The Fund is suitable for both for institutional and retail clients with an investment horizon of 5-7 years.
LONSEC RATING: RECOMMENDED*
Access to a Wealth of Opportunities
The Indian economy has witnessed a paradigm shift over the last decade. Today it is one of the fastest growing economies in the world and this trend is set to continue over coming decades. This is likely to create significant opportunities for growth by accessing India’s capital markets.
Investors in our Fund benefit from years of experience our founders bring in constructing investment portfolios within both India's capital markets and global multi-asset portfolios. This allows us to provide both a local and global perspective on building portfolios for success.
Why Invest
- The India Avenue Equity Fund is a professionally managed portfolio of Indian listed equities which are not readily accessible for Australian investors.
- Tomorrow's growth companies and industries are discovered at an early stage by our local investment adviser partners, leading to the potential for substantial out performance compared to investing passively.
- Strong consumption growth will be driven by 60 million new households entering the ranks of India's middle class by 2025. Our fund will have exposure to mid and small cap companies that tend to have strong leverage to growing local demand.
- Companies with high levels of corporate governance is a key selection criteria for our portfolio.
- Indian listed companies compare favourably on a global basis, as some of the highest generators of return-on-equity for shareholders.
- The Government of India has forecast a spend on infrastructure of over $US1 trillion over the rest of the decade. Given the significant requirement, several companies leveraged to the infrastructure sector in India are likely to benefit.
Fund Details
| Benchmark | MSCI India (Net) in AUD |
| Objective | To outperform the benchmark over rolling 5 year periods |
| Valuation and Liquidity | Daily |
| Access | PDS, Select Platforms |
| Maximum Stock Weight | 10% (ensure adequate diversification of companies) |
| Maximum Cash Weight | 30% (to shield the portfolio against adverse market events) |
| Maximum Futures Exposure | 10% (to either protect portfolio or equitise when managing cash exposure) |
| Wholesale Fees Retail Fees | 1.1% p.a. Management Expense Ratio 1.5% p.a. Management Expense Ratio |
| Performance Fees | 10% charged on the outperformance, achieved against the benchmark, MSCI India (in AUD), with a high watermark |
Wholesale refers to "sophisticated investors". To qualify as a sophisticated investor the investor needs either an investment of A$500,000 or above or an accountant's certification (not more than 6 months old) that the investor has either a net asset value above A$2,500,000 or earned above A$250,000 per annum for the last two consecutive financial years. Retail refers to investors who are not classified as "sophisticated investors" as described above with investments of AU$20,000 or more. For more information regarding features, benefits and risk of the Fund, please refer to the PDS.
Latest Fund Factsheet
Application Forms & PDS
Please ensure that you have read and understood the original PDS prior to completing and submitting your Application Form.
