Bell Global Equities Fund (Wholesale)
The Bell Global Equities Fund invests in a globally diversified portfolio of listed shares.
The Fund employs a long only investment strategy, with a fundamental bottom up approach to stock picking.
To make an investment in the Fund, please ensure you have read and understood the PDS and additional information prior to completing and submitting your application form.
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.) |
7 yr (p.a.) |
10 yr (p.a.) |
Since inception (p.a.)* |
|
|---|---|---|---|---|---|---|---|---|---|
| Wholesale | 2.21% | 6.74% | 8.78% | 20.48% | 6.92% | 13.00% | 15.61% | 8.85% | 5.90% |
| Benchmark | 2.52% | 5.29% | 7.16% | 20.31% | 8.53% | 13.83% | 16.09% | 9.46% | 6.72% |
*Inception date of 3 December 2007
Benchmark: MSCI World Ex-Australia net dividends reinvested in AUD
Unit Price
Please note that Bell Global Equities Fund Wholesale unit prices will not be published on a daily basis during the annual distribution calculation process which runs from the 1st of July to approximately the 16th of July. BAM expects to re-establish the normal daily publishing of unit pricing figures on or about the 16th 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 Equities Fund Wholesale Distribution for the year ending 30 June 2018 is $0.0491 per unit. Distribution payments will be made on or around the 19th of July 2018.
The 30 June Cum price is $1.4283 and 30 June Ex price is $1.3792
| Fund | APIR Code | Date | Entry Price | Exit Price |
|---|---|---|---|---|
| Bell Global Equities Fund (Wholesale) | BPF0014AU | 13.08.2018 | 1.4318 | 1.4258 |
Key Features
| Features | Summary |
|---|---|
| Investment Objective | To outperform its benchmark over rolling 3-year periods |
| Benchmark | MSCI World Ex-Australia net dividends reinvested in AUD |
| Investment Universe |
Listed securities on recognised stock exchanges. Exposure to companies domiciled in emerging markets is achieved via the purchase of shares or American and Global Depository Receipts (ADRs and GDRs) on developed market stock exchanges such as New York, London and Hong Kong. |
| 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 | Wholesale $50,000 |
| Minimum Additional Investment | Wholesale $10,000 |
| Fees & Expenses |
Please refer to the PDS for a full list of Fees and Expenses. |
| Buy/sell spread | +/-0.21% |
| 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 and published on the website. |
| Custodian & Administrator | National Asset Servicing (NAS), a division of the National Australia Bank. |
| Type of Fund | Unlisted Managed Investment Scheme |
| APIR Code | Wholesale – BPF0014AU |
| Investor Reporting | Investors will receive:
|
Frequently Asked Questions
Have a question that you can’t find the answer to? Contact us.
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What does the Fund invest in?
The Fund will invest in listed securities on recognised 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.
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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 $50,000. The minimum additional investment is $10,000.
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What is the Management Fee of the Fund?
The Wholesale management fee is 1.32% per annum of the Net Asset Value of the Fund, inclusive of GST (net of estimated 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 referrable to Wholesale Class Units, 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?
0.21% buy spread/0.21% 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. The minimum withdrawal from the Bell Global Equities Fund is $10,000.
If the withdrawal request is received after 2pm on a Business Day or on a day that is not a Business Day, the Redemption Price for the next Business Day will apply.
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How often are unit prices calculated?
Unit prices are usually calculated each Business Day. Month end prices are published on website.
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Where do I send my Application form?
NAS Registry Services
National Australia Bank
GPO Box 1406
Melbourne VIC 3001 -
Who can invest into the fund?
Investment in the fund is restricted to Wholesale and Sophisticated Investors only.
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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 Bell Asset Management directly:
Email: info@bellasset.com.au
Ph: (03) 8637 6000
Address: Level 20, 101 Collins Street Melbourne VIC 3000 -
How do I find out my unit balance in the Bell Global Equities 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.