Sandhurst Professional IML Future Leaders Fund
Fund overview
The Sandhurst Professional IML Future Leaders Fund (Fund) aims to achieve, over the long-term, capital growth and some income and to deliver a return (after fees and expenses and before taxes) that is in excess of the S&P/ASX300 Accumulation Index (excluding S&P/ASX50 and Property Trusts) on a rolling four year basis.
Investment strategy
The Fund will primarily invest in a diversified portfolio of quality Australian shares outside the Top 50 shares listed on the ASX, where these assets are identified by the investment manager as being undervalued.
The target asset allocation within which Sandhurst Trustees will operate the Fund are detailed below:
| Asset class | Ranges |
| Australian shares (outside ASX top 50) |
80-100% |
| Cash and cash equivalents | 0-20% |
Features
| Minimum initial investment | $25,000 |
| Minimum holding | $25,000 |
| Establishment fee | NIL |
| Exit fee | NIL |
| Buy/sell spread | + 0.25% / - 0.25% |
| Maximum indirect cost ratio | 1.30% p.a. |
| Distributions | 30 June and 31 December Distributions are paid within 2 months of these calculation dates |
Why choose the Sandhurst Professional IML Future Leaders Fund?
The Sandhurst Professional IML Future Leaders Fund may be suitable for investors looking:
- for a fund that aims to deliver a better than average longer-term return from a diversified, professionally managed portfolio of Australian shares outside the S&P/ASX top 50
- to diversify their portfolios away from the top 50 ASX companies, which tend to dominate the sharemarket and are concentrated in a very narrow range of sectors (i.e. Financials, Resources, and Listed Property Trusts)
- to invest for at least a five year investment period
Risk profile
HIGH
Investment managers
Sandhurst Trustees aims to create wealth for investors by investing either directly in the market or indirectly through underlying managed investment schemes managed by a selection of quality investment managers, including Sandhurst Trustees itself.
This approach involves allocating investment decisions to a variety of managers who specialise in managing specific asset classes. We call this the “manage the manager” approach. The managers used for the Sandhurst Professional IML Future Leaders Fund are:
