Chester Asset Management

Products

Chester High Conviction Fund

 

Key Features

  • Fundamental strategy focused on companies likely to achieve superior returns over a 5 year period with added exposure to Asian domestic consumption thematic
  • The Portfolio Managers have visited China over 40 times in the last 13 years, giving them a unique insight into the major driver of the Australian equity and property markets
  • Access to a highly experienced team with a proven track record
  • Focused combination of company visitations, stock library maintenance, ongoing screening and industry participant discussions to deliver excess risk adjusted investment returns
  • Flexible cash weighting up to 20% which is a residual of the implementation of bottom up stock analysis
  • Strong alignment of interests with clients. The Portfolio Managers are owners of the business and investors in the funds providing strong performance incentive
  • A cap on size of funds under management to avoid compromising investment performance by lack of transactional flexibility

Refer Fact Sheet for more information

 

Performance

Chester High Conviction Fund | Current Unit Price

Rob Tucker’s previous track record as Portfolio Manager of SGH Australia Plus and HSBC are available via the links below

SGH Australia Plus  |   HSBC Australia Country Fund

 

Platforms

Coming Soon
For more Information get in contact

 

Rating

Coming Soon
For more Information get in contact


Label Description
Fund Description The Chester High Conviction Fund Invests in a concentrated portfolio of companies offering outstanding long-term potential with a valuation margin of safety. The fund predominantly invests in ASX listed or soon to be listed companies with a focus on the largest 300 by market capitalisation plus select Asian listed companies with an Asian domestic consumption focus. A company’s weighting is mainly determined by the likelihood of a company achieving superior returns over 5 years. The fund has a predominant bottom up stock picking style overlayed with portfolio diversification and risk controls
Objective Outperform the S&P/ASX300 Accumulation Index by 5% over rolling three year periods
Stock Range 25-40 stocks
Australian Equities 65%-100%
Asian Equities 0-15%
Cash Limit 0-20%
Management Fee 0.95% (including GST net of RITC)
Performance fee 15% (including GST net of RITC) of the amount the fund outperforms its benchmark provided specific conditions are met
Performance Hurdle S&P/ ASX 300 Accumulation Index
High-water mark Yes
Buy/sell spread 0.30%
Minimum Application $20,000
Redemptions Payable Usually within 7 days
Distributions Semi-Annually
Entry Fee Nil
Exit Fee Nil
Distribution Reinvestment Plan Available
APIR Code N/A
ISIN Code N/A
Derivatives Used for Risk Management Purposes
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