About the Fund
The Fund will take long and short positions, primarily through futures and forwards, in global equity indices, bond, currency, commodity, and volatility markets. The portfolio allocation will be a function of our return and risk forecasts, and will be produced systematically through a proprietary portfolio construction process.
Investment objective
To outperform the Bloomberg AusBond Bank Bill Index.
The Fund aims to produce positive returns in all market conditions, with low correlations to traditional asset classes such as equities and government bonds.
Fund details
APIR Code
WHT1468AU
Suitable investor profile
The Fund may be suitable for investors with an investment horizon of over five years that seek exposure to equities, fixed income, currency and commodity instruments, and are comfortable with volatility in returns and the possibility of negative returns.
Minimum suggested timeframe
Five years
Benchmark
Bloomberg AusBond Bank Bill Index
Minimum initial investment
A$25,000
Management fee
1% p.a.*
Performance fee
20%* of the aggregate performance above the benchmark, net of management fee.
Responsible Entity
Pinnacle Fund Services Limited
*Inclusive of GST and net effect of any applicable RITC.
Unit Pricing & Performance Information
| Performance as at 31 May 2018 (%) | 1 mth | 3 mth | 6 mth | 1 yr | Since inception1 |
|---|---|---|---|---|---|
| Two Trees Global Macro Fund | -5.75 | -2.00 | -4.37 | - | -6.58 |
| Benchmark2 | 0.17 | 0.48 | 0.91 | - | 1.04 |
| Outperformance | -5.92 | -2.48 | -5.28 | - | -7.62 |
All returns are net of fees and in AUD. Calculations are based on exit price with distributions reinvested, after ongoing fees and expenses but excluding taxation. Past performance is not a reliable indicator of future performance. 1Inception date is 1 November 2017. 2Benchmark is Bloomberg Ausbond Bank Bill Index.
