Fund Profile: Allan Gray Australia Stable
Key Information
| APIR code | ETL0273AU |
| Status | Open |
| Asset class | Multisector Moderate |
| Responsible Entity | Equity Trustees Ltd |
| Fund Manager | Allan Gray Australia Pty Ltd |
| Investment Structure | Open end |
| Fund inception | 01 Jul 2011 |
| Fund size | $332,000,000 |
| Entry / exit price (2024-10-31) | $1.1980 / $1.1956 |
| Minimum initial | $10000 |
| Distribution frequency | Quarterly |
Objective
The Allan Gray Australia Stable Fund aims to provide a long- term return that exceeds the RBA cash rate, with less volatility than the Australian sharemarket.
What is this fund?
The Fund invests a minimum of 50% in cash and money market instruments issued by, or invested with, entities that have at least an investment grade credit rating issued by Standard & Poor's or Moody's, such as large Australian banks.
Fees
| Management Fee % PA | 0.26% |
| TCR % PA | 0.47% |
| Entry / Exit % | - / - |
| Buy / Sell Spread % | 0.10 / 0.10 |
Style & Size
100