Registry LOGINFund Overview
Our Private Portfolio Fund uses a dynamic, opportunistic approach to investing that leverages IML’s skills in stock selection and income generation combined with corporate events (like demergers, takeovers and capital issues) to deliver consistent returns with lower volatility than the ASX and greater resilience when markets drop. It is managed by Tuan Luu and Marc Whittaker.
- Suitable for: investors wanting consistent positive returns with lower volatility than the ASX
- Invests in: 40-50 Australian companies listed on the ASX
- Investment timeframe: 4+ years
- Investment objectives: returns 3% above the RBA Cash Rate on a rolling four-year basis
Fund Facts
| Portfolio Managers | Tuan Luu and Marc Whittaker |
| Benchmark | RBA Cash Rate |
| Inception | 5 May 2022 |
| ARSN | 624 888 035 |
| APIR | IML7090AU |
| Distribution frequency | Half-yearly |
| Peformance fee | Performance fee 10.25% (includes net effect of GST) of performance in excess of 3% above the Benchmark. The performance fee is capped at 1.5% of the average Net Asset Value (NAV) in each financial year. |
| Management fee | Management Fee 0.70% (includes net effect of GST) of the NAV of the Fund. |
Performance
| 1mth | 3mth | 6mth | 1yr | 2yrs^ | 3yrs^ | 5yrs^ | 10yrs^ | Since inception^ |
|
|---|---|---|---|---|---|---|---|---|---|
| Income | 2.4% | 2.4% | 2.4% | 5.7% | - | - | - | - | 8.6% |
| Growth | -1.9% | -1.9% | 0.7% | 0.6% | - | - | - | - | -1.7% |
| Total Return | 0.5% | 0.5% | 3.1% | 6.3% | - | - | - | - | 6.9% |
| Benchmark* | 0.3% | 1.1% | 2.1% | 4.2% | - | - | - | - | 3.4% |
^ Performance per annum
* The benchmark for this fund is the RBA Cash Rate.
Fund returns are calculated using the exit price, net of management fees, assuming all distributions are reinvested with no allowance for tax. Past performance is not a reliable indicator future performance.
Unit Prices
| Date | Entry | Exit |
|---|---|---|
| 25 Jul 2024 | $0.9706 | $0.9648 |
| 24 Jul 2024 | $0.9737 | $0.9679 |
| 23 Jul 2024 | $0.9746 | $0.9688 |
| 22 Jul 2024 | $0.9737 | $0.9679 |
| 19 Jul 2024 | $0.9746 | $0.9688 |
Distribution information
| Period ending | Amount (cents per unit) |
|---|---|
| June 2024 | 2.3938 cpu |
| December 2023 | 3.0000 cpu |
| June 2023 | 4.6500 cpu |
| December 2022 | 3.0000 cpu |
| June 2022 | 4.6590 cpu |
For the tax components of your investment please check your AMMA statement or Contact us for more information.
Past performance is not indicative of future performance as a result past distributions are not indicative of future distributions.
How to invest
The Investors Mutual Private Portfolio Fund – class B units are only available for investment by invitation from the RE.
To invest in the Fund directly, please read IML’s Financial Services Guide and follow the steps below.
The minimum initial investment in Class B Units of the Fund is to be negotiated with the RE.
How to invest
Step 1: Disclosure Documents
If you are interested in investing directly with us it is important that you read and consider the relevant disclosure documents carefully before deciding whether to invest and before lodging an application for units in the Fund to ensure you understand how the Fund works and the risks involved.
Product Disclosure Statement – Private Portfolio Fund (Class B Units)
Target Market Determination – Private Portfolio Fund (Class B Units)
Step 2: Application Form
Please note this form is applicable to all the IML suite of Funds.
Please complete the application form and provide the supporting identification documents required for your application, as required under the Anti-Money Laundering and Counter Terrorism Financing Act 2006 of Australia.
Please complete the additional FATCA form form if you are an overseas resident:
Step 3: Send
Please print and provide all relevant identification documents as indicated duly certified. We cannot accept applications without these documents.
Please send the completed form to:
Investors Mutual Ltd
C/- Citi Unit Registry Australia
GPO Box 764
Melbourne VIC 3001
Step 4: Transfer funds
Payment should be made by direct credit to the following account:
Account Name: IML AS RE – APPLICATIONS ACCOUNT <Investor name>
BSB: 242-000
Account Number: 209 802 007
Existing investors
The following forms can be used by existing investors in the Private Portfolio Fund (Class B Units)
Additional Investment Form
Withdrawal Form
Switch Form
Change of Details Form
Continuous disclosure
Date |
Notice |
| 30 November 2023 | Effective immediately, the Application form for the Investors Mutual Private Portfolio Fund (Class B units) has been updated to include a TMD questionnaire
If mailing your application form, please note that the previous version of the PDF form will be accepted for a grace period up until 31 December 2023. |
| 26 October 2023 | The Target Market Determination (TMD) has been updated for the Investors Mutual Private Portfolio Fund (Class B units) Key changes:
|
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