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 2018
| 1 mth | 3 mth | 6 mth | 1 yr | 3 yr (p.a.) |
5 yr (p.a.) |
Since inception (p.a.)* |
|
|---|---|---|---|---|---|---|---|
| Fund | 1.67% | 6.65% | 9.21% | 21.00% | n/a | n/a | 12.27% |
| Benchmark | 1.03% | 4.46% | 7.96% | 20.45% | n/a | n/a | 16.49% |
*Inception date of 27 June 2016
Benchmark: MSCI World SMID Cap Index
Unit Price
Please note that Bell Global Emerging Companies Fund unit prices will not be published on a daily basis during the annual distribution calculation process which runs from the 1st of July to approximately the 18th of July. BAM expects to re-establish the normal daily publishing of unit pricing figures on or about the 18th of July 2018.
Redemption requests which are received between the 29th of June (after 2pm) and the resumption of daily pricing will be paid out in the week commencing the 23rd of July 2018. The unit price used will be the correct unit price, applicable for the date and time the redemption request is received.
The Bell Global Emerging Companies Distribution for the year ending 30 June 2018 is $0.0740 per unit. Distribution payments will be made on or around the 25th of July 2018.
The 30 June Cum price is $1.1236 and 30 June Ex price is $1.0497
| Fund | APIR Code | Date | Entry Price | Exit Price |
|---|---|---|---|---|
| Bell Global Emerging Companies Fund | BPF0029AU | 13.08.2018 | 1.0873 | 1.0836 |
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 | +/-0.17% |
| 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 |
|
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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How 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 1.25% per annum of the Net Asset Value of the Fund, inclusive of GST (net of estimated input tax credits or reduced input tax credits).
The Normal Operating Expense is an additional expense. The estimated cost relates to custody arrangements, preparation of accounts and unit registry of 0.14% per annum of the net asset value of the Fund, inclusive of GST (net of estimated input tax credits or reduced input tax credits).
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What is the buy and sell spread of the Fund?
0.17% buy spread/0.17% 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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How to invest?
Investors can invest in the Fund via several different options:
Platforms: Investors can complete their application to the Fund through their Platform Provider. See ‘Key Features – Platform availability’ above for a list of platforms we are currently on.
ASX mFunds: Investors who have access to a stock broking account that has registered to access ASX mFunds may purchase units in the Fund via their Broker. For a list of Brokers registered with ASX mFunds, please click here.
Direct: Investors that do not have access to an available Platform or ASX mFunds who wish to apply to the Bell Global Emerging Companies Fund, can send their completed application to:
Link Market Services LimitedPO 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
- ASX mFunds (Code: BLM01)
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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 annual basis. The statement will show the number of units the investor has and the current value of the investment.
Unit balances are also available in several different ways depending on how you invested in the Fund.
If you have invested via a Platform, you will be able to see your unit balance on your account summary page in your Platform account.
If you have invested via ASX mFunds using your broker, you will be able to access your unit balance on your account holdings page through your broker.
For all other investors, you can contact Link Market Services Ltd on an ad-hoc basis at bell@linkmarketservices.com.au or via 1300 721 265 to request a holding statement. There is no charge for obtaining investor statements.