Performance

Avenir Global Fund (Retail Class)

Avenir Global Fund 

The Avenir Global Fund (Retail Class) will be open to retail investment from the end of August 2017. Performance for this class will be available a month after this class is opened.

Returns of the strategy since inception (1 August 2011) are available on Avenir Global Fund – Class I (Founder’s Class) tab below.

For performance related queries, please call the Fidante Investor Services Team on 13 51 53.

Avenir Global Fund - Class I (Founder's Class)

Avenir Global Fund – Class I: Performance as at 31 July 2017

Performance  1 month
(%)
3 months
(%)
1 year
(%) 
3 years
(%) p.a.
5 years
(%) p.a.
10 years
(%) p.a.
Inception
(%) p.a.*
Performance (Gross)
Gross Return -1.98 -4.88 22.59 7.11 21.13 16.61
MSCI All Country World Net Index (AUD) -2.51 3.70 15.31 12.32 17.13 14.67
Active Return** (before fees and expenses) 0.53 -8.58 7.29 -5.21 3.99   1.94
Performance (Net)
Net Return (after fees and expenses) -1.98 -4.88 16.57 4.90 15.88 12.04
MSCI All Country World Net Index (AUD) -2.51 3.70 15.31 12.32 17.13 14.67
Active Return** (after fees and expenses) 0.53 -8.58 1.26 -7.42 -1.25   -2.63

Gross returns are calculated before fees have been deducted assuming reinvestment of distributions. Net returns are calculated after fees have been deducted assuming reinvestment of distributions. No allowance is made for tax. Past performance is not a reliable indicator of future performance. *The inception date for the Avenir Global Fund – Class I is 1 August 2011. **Numbers may not add due to rounding.

For performance related queries, please call the Fidante Investor Services Team on 13 51 53.