Alvia High Conviction Fund

The Alvia High Conviction Fund (Fund) provides investors with the opportunity to gain exposure to a portfolio of investments based on the Alvia investment team’s highest conviction ideas across all asset classes, sectors and geographies.

Alvia Asset Partners applies a private investor mindset when analysing investment opportunities. Another unique attribute of this offering is that it is completely agnostic with regard to asset class, geography, sectors, benchmarks and the like.

Alvia’s long-term, capital preservation first approach extends to this product and hence Alvia’s focus remains solely on achieving sustainable, long-term absolute returns, rather than returns relative to a benchmark.

Investors cannot live off relative returns and hence the ultimate goal at Alvia Asset Partners is to achieve long-term absolute returns at a reasonable level of risk, across an investment portfolio encompassing a number, if not all, of the major asset classes.

  • Fund Facts

    Inception Date6 August 2020
    APIR CodeDDH2895AU
    StructureThe Fund is an open-ended, single class, unregistered managed investment scheme structured as a unitised trust, for wholesale/sophisticated/professional investors only.
    TrusteeDDH Graham Limited
    Investment ManagerAlvia Asset Partners Pty Ltd
    Fund AdministratorDDH Graham Limited
    Investment ObjectiveTo deliver sustainable, long-term risk-adjusted returns with a focus on absolute returns and capital preservation.
    Investment StrategyThe Fund provides investors with access to a concentrated portfolio of the Manager’s highest conviction ideas, utilising quantitative screening, detailed analysis, scoring, target weighting and portfolio rebalancing.
    Risk/Return ProfileHigh
    Minimum Suggested Time Frame5+ years
    Benchmark Asset AllocationThe strategy is unconstrained, meaning there is no geographic, sector or asset class bias.
    Investment Requirements
    Minimum Initial Investment$50,000
    Minimum Additional Investment$5,000
    Minimum Monthly Regular Savings Plan $5,000
    Minimum Balance$50,000
    Minimum Withdrawal$10,000
    Unit Prices
    FrequencyMonthly
    Distributions
    Income distribution frequencyAnnual
    Payment optionsDirect credit or reinvestment
    Fees and Costs
    Establishment feeNil
    Contribution feeNil
    Withdrawal feeNil
    Termination feeNil
    Estimated management costs0.90% (exclusive of GST) p.a. of the Fund’s gross asset value
    Performance fee15% (exclusive of GST) for performance above the Benchmark and subject to the high water mark
    Buy / sell spreads+0.30% / -0.30%

    This is a summary of the key features of the Alvia High Conviction Fund. Please refer to the Information Memorandum before making a decision about this product.

  • Unit Prices

    Unit prices are usually calculated monthly to reflect changes in accumulated income and market values. The fund’s assets are revalued in accordance with its constitution. The prices shown below may differ from the actual unit price if you were applying for or redeeming an investment. Your actual unit price will be confirmed following any transactions on your investments.

    The value of an investment in the Fund, which is represented by the value of units in the Fund, will vary as the market value of the Fund’s assets and liabilities increase and decrease. The number of units issued to an investor on application and the number of units redeemed when an investor withdraws units will be dependent on the issue price (for applications) and withdrawal price (for withdrawals) calculated for the relevant Business Day.

    Read our Unit Pricing Discretions Policy.

  • Fund Performance

    The above performance figures are net of ongoing fees and expenses and assume all income has been reinvested. They represent past performance and are not indicative of future returns. Prospective investors should not make an investment decision based on the Fund’s previous performance.

    Additional fund information is available from: www.alviapartners.com.au

    *Inception Date is 06/08/2020.

     

  • Distributions

    The Fund will pay distributions annually, where income is available for distribution. We may also, in consultation with the Manager, pay a half-year distribution if it is considered in the best interests of investors and the Fund has sufficient funds available for distribution.

    Any cash distributions will be paid by electronic funds transfer into your nominated financial institution account and, where a distribution is paid, this will typically occur within 20 Business Days after the last day of the distribution period (being 30 June for annual distributions) by direct debit to your nominated account.

    The Manager’s investment strategy is focused first and foremost on capital preservation and generating attractive risk-adjusted returns over the long term. The tax treatment of the Fund’s investments may reduce the ability to pay distributions. It should also be noted that a number of the investments in overseas markets may have low payout / dividend ratios which will also reduce the Fund’s ability to pay distributions.

    Distributions are the profit earned by the fund which is then paid to investors. Distributions are expressed as cents per unit, for example, if a distribution of 3 cents was paid and you hold 1000 units you will be paid a distribution of $30 (1000 x $0.03). Distributions can include different types of income including; dividends, interest and realised capital gains.

    The unit price of the fund will fall by a corresponding amount when distribution is paid.

    To view the latest distributions for the DDH Managed Funds please click here.

    Distribution tax components

    To view the distribution component information for funds managed by DDH Graham Limited, please click here.

    Please note that these distribution tax components provide general information only and do not take into account your individual taxation or financial objectives, situation or needs. You should not rely on this information for the purposes of completing your income tax returns.

  • Fund Forms

    Application FormApply to invest in the Alvia High Conviction Fund
    Additional Application FormApply to invest additional funds in the Alvia High Conviction Fund
    Authorised Representative FormAppoint an authorised representative for your account
    Change of Details FormChange your personal account details
    Regular Savings Plan FormSet up a regular savings plan
    Regular Savings Plan Variation FormTo modify or cancel a regular savings plan
    Tax File Number Notification FormNotify us of your TFN
    Transfer FormTransfer funds
    Withdrawal FormWithdrawal Form