| Style | |
| Benchmark |
Price as at 31/12/2020. Price is in AUD.
*Applicable to General Class
| Inception Date | 1 July 2015 |
| Investment Manager | Montgomery Global Investment Management Pty Ltd |
| Objective | The Fund will seek to generate materially higher risk-adjusted returns, net of fees, than is available in the market place over the mediumterm. The Fund will also seek to offer a significant level of capital preservation, across all market cycles. Returns are not guaranteed. |
| Hurdle for performance fee | The US Ten-Year Government Bond Yield |
| Fund Description | Montaka provides our clients the opportunity to benefit from both the gains of extraordinary businesses and the declines of deteriorating businesses, with greater capital protection when share markets turn down. |
| Liquidity | Monthly redemptions with a 60-day notice period. |
| Recommended Investment Timeframe | At least 5 years |
| Minimum Investment | A$1,000,000 |
| Minimum Additional Investment | A$500,000 |
| Fund Size | A$82.4M as at 31/01/2021 |
| Frequency of Pricing | The Fund is priced at month end. |
| Entry Fee | Nil |
| Exit Fee | Nil for General Class investors |
| Buy/Sell Spread | There is no Buy-Sell spread. All pricing is at the Net Asset Valuation (NAV) of the Fund. |
| Management Fee | If you elect to be a General Class investor, the management fee is 1.5% per annum of the NAV with no lock up period. |
| Performance Fee | The Manager will be entitled to receive a Performance Fee equal to 20% of the amount by which the Net Asset Value of each Participating Share at the end of the Calculation Period (31 December 2015, and annually thereafter) exceeds the Hurdle Accumulation, being the US Ten-Year Government Bond Yield. |
| Montaka Global Fund $A | Average Net Market Exposure | |
|---|---|---|
| 1 month | -0.0% | 79% |
| 3 months | -4.4% | 76% |
| 12 months | -23.8% | 54% |
| 3 years (p.a) | -3.5% | 50% |
| 5 years (p.a) | -1.0% | 49% |
| Since inception | 11.1% | 48% |
| Compound annual return | 1.9% | 48% |
The Montaka Global Fund inception date is 01/07/2015. Performance is net of fees and assumes distributions are reinvested, which is industry standard. Past performance is not an indicator of future performance.
| June 2020 | |
| No distribution for the period | |
| June 2019 | |
| Distribution per unit | 2.2972 cents |
| Reinvestment price | $1.2697 |
| June 2018 | |
| Distribution per unit | 8.032 cents |
| Reinvestment price | $1.2576 |
| June 2017 | |
| No distribution for the period | |
| June 2016 | |
| Distribution per unit | 2.0 cents |
| Reinvestment price | $0.8981 |
You should read the Information Memorandum before deciding to acquire the product.
The Montaka Global Fund is available to wholesale investors, and is by invitation only, and will not be available for distribution to the general public. Montgomery Investment Management Pty Ltd (ACN 139 161 701) (AFSL: 354564) (Montgomery Investment Management or MIM) is the trustee of the Montaka Global Fund. An investment in the Montaka Global Fund will only be available through a valid subscription agreement attached to the Information Memorandum. Before making any decision to make or hold any investment in the Montaka Global Fund you should consider the Information Memorandum in
full. You should not base an investment decision simply on past performance. Past performance is not an indicator of future performance. The investment returns of the Fund are not guaranteed, and so the value of an investment may rise or fall.
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