Australian Share Fund
The WaveStone Australian Share Fund is an actively selected portfolio of Australian shares managed with the aim of outperforming the S&P/ASX 300 Accumulation Index over rolling three-year periods.
|Objective||The Fund aims to outperform the benchmark over rolling three-year periods.|
|Benchmark||S&P/ASX 300 Accumulation Index|
|Investment universe||The Fund can invest in securities listed on the ASX, including equity securities, hybrid securities (for example, convertible preference shares) and shares in unlisted companies provided that they are expected to list on the ASX within 12 months.|
|Stocks held||Typically between 30 and 50|
|Minimum investment timeframe||At least five years|
|Minimum initial investment||$10,000 or $1,000 with Regular Savings Plan|
|Management fee||0.97% p.a. of the net asset value of the Fund|
|Distribution frequency||Half yearly|
The Fund was formerly called the Orion Wholesale Australian Share Fund. WaveStone Capital was appointed Investment Manager effective 1 February 2014. Interests in the WaveStone Australian Share Fund are offered by the Responsible Entity of the Fund, Fidante Partners Limited.
You should read the Fund’s Target Market Determination (TMD) and the Fund’s Product Disclosure Statement (PDS) to ensure the key attributes of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs. These documents are available on the Apply Now page on this website.