Sandhurst Industrial Share Fund

Fund overview

The Sandhurst Industrial Share Fund (Fund) aims to deliver income and capital growth, over the long term.

Investment strategy

The Fund will invest predominantly in a pool of Australian industrial shares selected and managed by IML and where these companies are identified by IML as being reasonably priced and that show potential to deliver growing dividend streams. The Fund also holds some money in cash and cash equivalent investments managed by Sandhurst for liquidity and market timing purposes.

Asset allocation

The target asset allocations for the Fund are detailed below:

Asset class	Ranges	Neutral position
Australian shares (industrial)	80-100%	90%
Cash and short term securities	0-20%	10%

Note: The Fund may indirectly invest up to 5% of its assets in unlisted shares, where these shares are expected to list on the Australian Securities Exchange within 12 months of making the investment.
In exceptional market conditions the Fund may have higher levels of cash where, in our investment manager’s opinion, more attractive investment opportunities cannot be found.

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Features

Minimum initial investment	$2,000 If you have more than $250,000 to invest click here
Minimum investment balance	$2,000
Establishment fee*	Up to 3.0% of Application Money
Exit fee	Nil
Buy/sell spread	+ 0.25% / - 0.25%
Management costs	2.10% p.a.
Distributions	30 June and 31 December Distributions are normally paid within 2 months of these calculation dates
Regular savings plan	Regular savings from as little as $100 per month

*The Establishment Fee is only charged on your initial Application Money. Your adviser may refund all or part of this fee. Where you invest personally without an adviser this fee will be capped at $300. Please refer to section 6 ‘Fees and Costs’ of the current Product Disclosure Statement for more details of fees and costs.

Why choose the Sandhurst Industrial Share Fund

The Fund may be suitable for investors looking for:

a diversified Australian industrial share portfolio managed by IML as the investment expert;
access to high growth assets with the potential for long term growth;
a fund that aims to achieve a return in excess of the S&P/ASX 300 Industrial Accumulation Index on a rolling four year basis; and
to invest for at least a five year investment period.

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Risk profile

HIGH

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Investment managers

Sandhurst Trustees aims to create wealth for investors by providing investment opportunities that are managed by a professional investment manager. This approach involved allocating investment decisions to an investment manager who specialises in managing a specific asset class.

The Fund is an ‘active’ fund, meaning that the investment manager buys and sells assets based on changing market conditions, with the aim of out performing the Fund’s performance benchmarks before fees. The manager used for the Sandhurst Industrial Share Fund is:

Investors Mutual Limited

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