Bell Global Emerging Companies Fund
The fund employs a long only investment strategy, with a fundamental bottom up approach that invests in a globally diversified portfolio of small and mid-capitalised companies.
On 27 June 2016, the Fund changed name from Global Mining Investment Trust to the current Bell Global Emerging Companies Fund and also changed investment strategy (refer to the below “Letter to unit holders 26 May 2016 – change of fund name and strategy” for details).
Performance
Unless otherwise indicated, the performance returns take into account all fees and expenses charged to each of the funds, but don’t include any allowance for tax. Net returns are also calculated assuming all distributions are reinvested. All returns represent past performance only. Past performance is not a reliable indicator of future performance.
Net Performance Summary to 31 Jul 2017
| 1 mth | 3 mth | 1 yr (p.a.) | 3 yr (p.a.) | 5 yr (p.a.) | Since inception (p.a.)* | |
|---|---|---|---|---|---|---|
| Fund | -2.57% | -3.84% | 2.75% | n/a | n/a | 4.74% |
| Benchmark | -1.70% | -1.83% | 10.49% | n/a | n/a | 12.92% |
*Inception date of 27 June 2016
Benchmark: MSCI World SMID Cap Index
Unit Price
The Bell Global Emerging Companies Fund Distribution for the year ending 30 June 2017 is $0.0790 per unit. Distribution payments will be made on or around the 26th of July 2017.
The 30 June Cum price is $1.0483 and 30 June Ex price is $0.9693
Unit prices will be updated regularly but they may differ from the prices you receive should you apply for or redeem units from the Fund. The actual transaction price will be communicated to investors via a transaction statement shortly after the transaction has been processed. The unit prices displayed may include income and any realised gains accrued but not yet distributed.
| Fund | APIR Code | Date | Entry Price | Exit Price |
|---|---|---|---|---|
| Bell Global Emerging Companies Fund | BPF0029AU | 17.08.2017 | 0.9339 | 0.9301 |
Key Features
| Features | Summary |
|---|---|
| Investment Objective | To outperform its benchmark over rolling 3-year periods |
| Benchmark | MSCI World SMID Index |
| Investment Universe | The Fund will invest in a diversified portfolio of Small and Mid capitalised (SMID) companies listed on global stock exchanges |
| Investment Horizon | At least 5 years |
| Currency Exposure | The fund is denominated in Australian Dollars and is unhedged |
| Distributions | Annually as at 30 June, with the option to:
|
| Minimum Initial Investment | $10,000 |
| Minimum Additional Investment | $5,000 |
| Fees & Expenses | Please refer to the PDS for a full list of Fees and Expenses. |
| Buy/sell spread | +/-0.20% |
| Applications & Withdrawals |
Daily, with notice to be received by the fund’s administrator by 2pm EST. Redemptions typically paid out within 10 business days.
|
| Unit Pricing | Calculated daily. Month end prices are published on website. |
| Registry | Link Market Services Limited |
| Type of Fund | Unlisted Managed Investment Scheme |
| APIR Code | BPF0029AU |
| Platform availability | Hub24 |
Frequently Asked Questions
Have a question that you can’t find the answer to? Contact us.
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What is the Funds Investment Objective?
To outperform its benchmark over rolling 3 year periods.
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What does the Fund invest in?
The Fund will invest in a diversified portfolio of Small and Mid capitalised (SMID) listed on global stock exchanges.
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What is the currency exposure of the Fund?
Fund is denominated in Australian Dollars and is unhedged.
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Who often do I receive a Distribution?
Distributions are normally made annually for the period ending 30 June. A Unit holder’s distribution for a distribution period will be a proportion of the Fund’s distributable income determined by reference to the number of Units held by a Unit holder as a proportion of the total Units on issue on the last day of the distribution period.
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What is the minimum initial investment and can I make additional investments?
Unless otherwise determined by us, the minimum initial investment is $10,000. The minimum additional investment is $5,000. The minimum withdrawal is $5,000.
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What is the Management Fee of the Fund?
The management fee is 1% per annum of the Net Asset Value of the Fund, inclusive of GST (net of estimated reduced input tax credits). Please refer to the PDS for additional fees payable.
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What is the buy and sell spread of the Fund?
0.20% buy spread/0.20% sell spread.
The Buy/Sell Spread is an estimate of the transaction costs that are incurred in buying and selling the underlying assets of the Fund as a result of applications and withdrawals.
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Are there any restrictions on applications or withdrawals?
Applications and withdrawals can be made on a daily basis with notice to be received by the fund’s administrator by 2pm EST.
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How often are unit prices calculated?
Unit prices are usually calculated each Business Day. Daily and Month end prices are published on website.
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Where do I send my Application form?
Link Market Services Limited is the registry of this Fund. Please send to:
Unit Registry
Link Market Services Limited PO Box 3721
Rhodes NSW 2138 Australia
Telephone (within Australia): 1300 721 265
Facsimile: (02)9287 0313
Website: www.linkmarketservices.com.au -
What Wraps and Platforms is this product available on?
Hub24
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How to make enquiries, change details etc.
For questions or information, please either refer to the Bell Asset Management website www.bellasset.com.au or contact:
Link Market Services
Ph: 1300 721 265
Address: GPO Box 3721, Rhodes NSW 2138 -
How do I find out my unit balance in the Bell Global Emerging Companies Fund?
Statements will be provided to investors on a quarterly basis. The statement will show the number of units the investor has and the current value of the investment.
Unit balances area also available on an ad-hoc basis by contacting Bell Asset Management at info@bellasset.com.au. There is no charge for obtaining investor statements.