EQT Eight Bays Global Fund
The Fund provides exposure to an actively-managed portfolio of global securities, primarily through Exchange Traded Funds (ETFs) and stocks listed on international stock exchanges such as the New York Stock Exchange and the NASDAQ.
The ETFs are predominantly sector and industry based, providing investors with access to areas not well represented on the Australian share market such as technology, cyber-security, medical devices, and robotics.
Direct securities (stocks) will be those that make up the global MSCI ex Australia Index. The allocation to direct securities will be within 0-20% of the total allocation. Stocks are selected to gain more exposure to an attractive industry or business that is not adequately represented by existing ETFs or gain exposure to a sector or industry that is not currently covered by any ETFs.
Global equity ETFs provide an efficient, low-cost way for investors to gain access to global equity investment opportunities and growth sectors.
The Fund is designed for investors with a high risk tolerance seeking medium to long-term capital growth potential, coupled with an increasing income stream payable from the dividends of the underlying securities and ETFs.
Features and benefits of investing in the fund
- The potential to provide medium to long-term value by identifying industries and sectors with long-term capital and income growth prospects.
- Provides diversification into global industries and sectors, including new industries that are under-represented on the Australian Stock Exchange.
- The potential to deliver lower volatility in returns relative to more concentrated funds that only invest in individual stocks, due to the lower stock specific risk that ETFs provide.
- 3.75 Star “Favourable” Rating by Asset Consultant SQM
- Daily liquidity
| Fund Objective | The Fund’s investment objective is to deliver gross performance (less fees) above the benchmark over rolling three-year periods. |
| Benchmark | MSCI ACWI ex Australia (unhedged) |
| No of ETFs | 5 -15 industry specific |
| Pricing & Liquidity | Daily |
| Distribution | Semi-Annual |
| Fund Inception | 01 July 2021 |
|
Management Fee Plus Plus Indirect Cost & Expenses# |
0.90% p.a. of the NAV of the Fund 0.28% p.a. of the NAV of the Fund |
| Minimum Investment | $5,000 |
| APIR Code | ETW3547AU |
#These costs and other expenses comprise of other ordinary expenses of operating the Fund as well as any management fees and costs (if any) arising from interposed vehicles in or through with the Fund invests. Refer to the PDS for further detail.