The Fund builds on our core Australian equity offering and capabilities, while delivering additional income where possible, through options strategies and short-term trading opportunities.
|As at 30 September 2019||1 Month||3 Months||6 Months||1 Year||3 Years p.a||5 Years p.a||Since Inception p.a|
Returns are calculated using the Fund’s redemption price are net of fees and expenses. Returns are also calculated on the basis that distributions are reinvested. The benchmark is the S&P ASX 200 Accumulation Index.Since inception is 4 January 2012.
The performance figures presented are for the Ellerston Overlay ASF. The one month return figure may be an estimate and not the final return. This estimate also impacts other performance information provided. Estimated performance figures (where indicated) are preliminary and subject to change. Returns for other classes may differ slightly. Past performance is not indicative of future performance. Ellerston Capital Limited ABN 34 110 397 674 AFSL 283 000 is the responsible entity of all the Ellerston Funds listed in the table above. The information supplied above has been prepared by Ellerston Capital Limited without taking account of the objectives, financial situation or needs of investors. Before making an investment decision about any Fund persons should obtain advice from an appropriate financial adviser, consider their own individual circumstances and obtain a copy of the relevant Information Memorandum for the Fund which is available on this website. This material has been prepared based on information believed to be accurate at the time of publication. Assumptions and estimates may have been made which may prove not to be accurate. Ellerston Capital undertakes no responsibility to correct any such inaccuracy. Subsequent changes in circumstances may occur at any time and may impact the accuracy of the information. To the full extent permitted by law, none of Ellerston Capital Limited, or any member of the Ellerston Capital Limited Group of companies makes any warranty as to the accuracy or completeness of the information in this website and disclaims all liability that may arise due to any information contained in this website being inaccurate, unreliable or incomplete.
Past performance figures are calculated pre-tax after taking into account fees and expenses and assume that all distributions are reinvested and do not take into account inflation. Past performance is not a reliable indicator of future performance, nor a promise of future returns. Performance can be volatile.
|wdt_ID||Fund Name||30 Jun 19||31 Dec 18||30 June 18||31 Dec 17||30 Jun 17||Distribution Frequency|
|1||Ellerston Overlay ASF Class A||Nil||1.1603||0.0862||0.0175||0.0032||Half Yearly|
The Ellerston Overlay ASF builds on our core Australian equity offering and capabilities, while delivering additional income opportunistically through options strategies and short-term trading opportunities.
The fund is long biased and managed in the same fundamental, bottom-up style that is at the heart of all of Ellerston Capital’s Core funds. Seventy-five per cent of our portfolio is broadly aligned to our flagship Ellerston Australian Share Fund, with the remaining 25% made up of shorter term, income-enhancing investments when opportunities present themselves.
The team may also employ a range of derivatives strategies to enhance income, protect the portfolio and attempt to manage downside risk. However, at least 90% of the portfolio will comprise physical securities, with a minimum net equity exposure of 50% or greater. Effective cash can comprise up to 50% of the portfolio under certain market conditions.
We aim to outperform the S&P/ASX 200 Accumulation Index through a high-conviction portfolio of no more than 30 ASX-listed securities.
Responsible for leading our investment team, Chris has served as a Director and Portfolio Manager of Ellerston since 2005, and has over 32 years investment experience.
Prior to joining Ellerston, Chris co-founded the Melbourne based Investment Management firm Portfolio Partners in 1994, where he held various positions including Director and Senior Investment Manager and was formerly the Head of Equities until January 2003. It was from that point that he gave up his role to conceive and focus on managing the highly successful Elite Opportunities Concentrated Australian Shares Fund.
Prior to Portfolio Partners, Chris worked as a Senior Portfolio Manager, Deputy Head of Equities and Head of Resources Strategy at County Natwest Australia Investment Management where he was responsible for the management of County’s largest specialist equity mandates.
Chris has a Bachelor of Commerce degree from the University of Melbourne and is a Senior Associate of the Financial Services Institute of Australia. Chris was inducted into the Australian Fund Managers Foundation Hall of Fame in 2018 in recognition of his contribution to the industry.