top of page
Image by Jeremy Bishop

Pella Global Generations Fund

Introduction

The Pella Global Generations Fund is managed for AUD-returns. It is a portfolio of 30-50 highly cash flow generative businesses that are growing, attractively valued with fortress balance sheets and outstanding Environmental, Social and Governance ("ESG") credentials. 

Investment Objectives

Aims to sustainably and consistently deliver greater AUD returns, lower volatility, and superior ESG to the Benchmark.

Key Benefits

Access to a manager with a proven philosophy and process for selecting investments and constructing a portfolio.

Broad exposures as the portfolio seeks investments across geographies, industries, and company sizes.

Portfolio targets superior ESG characteristics.

Fund Facts

Legal structure

Minimum investment

Unlisted, open-ended unit trust

A$25,000

Benchmark

Distribution

Pricing frequency

MSCI ACWI (A$, net)

Annually at 30 June

Daily pricing

Unit class costs and APIR codes

Class B
Class C
APIR Code
PIM5678AU
PIM9694AU
Management fee*^
0.65% p.a.
0.85% p.a.
Performance fee^
15% above Benchmark
Nil
Buy/Sell Spread
0.25%
0.25%
Class B
Class C
APIR Code
PIM5678AU
PIM9694AU
Management fee*^
0.65% p.a.
0.85% p.a.
Performance fee^
15% above Benchmark
Nil
Buy/Sell Spread
0.25%
0.25%

* This is an estimate only. As the Fund is newly established, this figure reflects our reasonable estimates of the costs that will apply for the current financial year (adjusted to reflect a 12 month period) based on information available as at the date the PDS was finalised. We may pay any abnormal expenses incurred in managing the Fund out of the Fund in addition to the ongoing annual fees and costs. Please refer to Pella’s website for any updates on these estimates which are not considered materially adverse from a retail investor’s point of view.

^ All fees are expressed as a percentage of net asset value of the Fund excluding accrued fees. All fees and costs are quoted inclusive of any GST and net of any input tax credits (ITCs) or reduced input tax credits (RITCs) that are expected to be available to the Fund.

Ratings & Certifications

Zenith

SQM

ERIG Index

Recommended

Superior

1st Quartile

Contact Evergreen

RB_Recommended_website.png
SQM 4.00 Star Rating.png
RI-Cert-Logo - for website.png

The Zenith Investment Partners (ABN 27 103 132 672, AFS License 226872) (“Zenith”) rating (assigned September 2022) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines 

The rating contained in this website is issued by SQM Research Pty Ltd ABN 93 122 592 036 AFSL 421913. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme

Platform Availability
BT Panorama
HUB24
Macquarie Wrap
Netwealth
North
Performance Summary 
(period ending 31-May-24)
Period
PGGF Class B
Benchmark*
Relative
1 month
2.5%
1.6%
0.9%
3 months
4.9%
1.6%
3.3%
6 months
14.6%
13.8%
0.9%
1 year
17.9%
20.2%
-2.3%
Inception to date - p.a.^
8.6%
7.4%
1.2%

* MSCI ACWI (A$, net)

^ 1 January 2022

Past performance is not indicative of future performance. Performance returns are net of fees and assume reinvestment of distributions. Actual investor performance may differ due to the investment date, date of reinvestment of income distributions, and withholding tax applied to income distributions. Past performance is not indicative of future performance

Unit prices - Class B
Date
NAV
Entry Price
Exit Price
Distribution
07/06/2024
1.480
1.484
1.476
06/06/2024
1.475
1.479
1.472
05/06/2024
1.472
1.476
1.468
04/06/2024
1.450
1.453
1.446
03/06/2024
1.448
1.452
1.445
31/05/2024
1.444
1.448
1.441
30/05/2024
1.443
1.447
1.439
29/05/2024
1.450
1.453
1.446
28/05/2024
1.460
1.464
1.457
27/05/2024
1.462
1.465
1.458
24/05/2024
1.465
1.469
1.462
23/05/2024
1.462
1.466
1.459
22/05/2024
1.460
1.464
1.456
21/05/2024
1.455
1.459
1.452
20/05/2024
1.457
1.460
1.453
17/05/2024
1.447
1.450
1.443
16/05/2024
1.454
1.457
1.450
15/05/2024
1.458
1.462
1.454
14/05/2024
1.447
1.451
1.444
13/05/2024
1.444
1.448
1.440
10/05/2024
1.444
1.447
1.440
09/05/2024
1.435
1.438
1.431
08/05/2024
1.436
1.439
1.432
07/05/2024
1.425
1.429
1.422
06/05/2024
1.418
1.422
1.415
03/05/2024
1.408
1.412
1.405
02/05/2024
1.405
1.409
1.402
01/05/2024
1.404
1.407
1.400
30/04/2024
1.409
1.412
1.405
29/04/2024
1.409
1.412
1.405
26/04/2024
1.414
1.417
1.410
24/04/2024
1.392
1.395
1.388
23/04/2024
1.395
1.399
1.392
22/04/2024
1.380
1.384
1.377
19/04/2024
1.380
1.383
1.376
18/04/2024
1.389
1.392
1.385
17/04/2024
1.390
1.393
1.386
16/04/2024
1.398
1.401
1.394
15/04/2024
1.390
1.393
1.386
12/04/2024
1.397
1.400
1.393
11/04/2024
1.408
1.412
1.405
10/04/2024
1.407
1.411
1.404
09/04/2024
1.393
1.397
1.390
08/04/2024
1.399
1.403
1.396
05/04/2024
1.404
1.407
1.400
04/04/2024
1.388
1.391
1.384
03/04/2024
1.406
1.410
1.403
02/04/2024
1.409
1.413
1.406
28/03/2024
1.426
1.429
1.422
27/03/2024
1.416
1.419
1.412
26/03/2024
1.414
1.418
1.411
25/03/2024
1.411
1.414
1.407
22/03/2024
1.417
1.420
1.413
21/03/2024
1.415
1.418
1.411
20/03/2024
1.407
1.411
1.404
19/03/2024
1.401
1.404
1.397
18/03/2024
1.396
1.400
1.393
15/03/2024
1.391
1.394
1.387
14/03/2024
1.400
1.404
1.397
13/03/2024
1.401
1.405
1.398
12/03/2024
1.411
1.415
1.408
11/03/2024
1.386
1.390
1.383
08/03/2024
1.389
1.392
1.385
07/03/2024
1.399
1.403
1.396
06/03/2024
1.385
1.389
1.382
05/03/2024
1.383
1.387
1.380
04/03/2024
1.401
1.404
1.397
01/03/2024
1.390
1.394
1.387
29/02/2024
1.377
1.380
1.374
28/02/2024
1.376
1.379
1.372
27/02/2024
1.372
1.375
1.369
26/02/2024
1.378
1.381
1.374
23/02/2024
1.373
1.376
1.369
22/02/2024
1.372
1.376
1.369
21/02/2024
1.344
1.348
1.341
20/02/2024
1.342
1.346
1.339
19/02/2024
1.354
1.358
1.351
16/02/2024
1.356
1.360
1.353
15/02/2024
1.357
1.361
1.354
14/02/2024
1.358
1.361
1.354
13/02/2024
1.345
1.349
1.342
12/02/2024
1.349
1.352
1.346
09/02/2024
1.356
1.359
1.352
08/02/2024
1.350
1.354
1.347
07/02/2024
1.338
1.342
1.335
06/02/2024
1.331
1.334
1.327
05/02/2024
1.331
1.334
1.328
02/02/2024
1.326
1.329
1.323
01/02/2024
1.320
1.324
1.317
31/01/2024
1.303
1.306
1.300
30/01/2024
1.319
1.323
1.316
29/01/2024
1.315
1.319
1.312
25/01/2024
1.307
1.310
1.304
24/01/2024
1.297
1.300
1.293
23/01/2024
1.293
1.296
1.290
22/01/2024
1.289
1.292
1.286
19/01/2024
1.284
1.288
1.281
18/01/2024
1.283
1.286
1.280
17/01/2024
1.275
1.278
1.272
16/01/2024
1.273
1.276
1.269
15/01/2024
1.273
1.276
1.270
12/01/2024
1.269
1.272
1.265
11/01/2024
1.271
1.274
1.268
10/01/2024
1.269
1.272
1.266
09/01/2024
1.266
1.269
1.263
08/01/2024
1.267
1.270
1.264
05/01/2024
1.252
1.255
1.249
04/01/2024
1.263
1.266
1.260
03/01/2024
1.269
1.273
1.266
02/01/2024
1.280
1.283
1.277
29/12/2023
1.287
1.290
1.284
28/12/2023
1.286
1.290
1.283
27/12/2023
1.288
1.291
1.285
22/12/2023
1.286
1.289
1.283
21/12/2023
1.288
1.291
1.285
20/12/2023
1.280
1.283
1.277
19/12/2023
1.292
1.295
1.288
18/12/2023
1.291
1.294
1.288
15/12/2023
1.284
1.288
1.281
14/12/2023
1.296
1.299
1.293
13/12/2023
1.305
1.309
1.302
12/12/2023
1.301
1.304
1.297
11/12/2023
1.296
1.299
1.292
08/12/2023
1.285
1.288
1.282
07/12/2023
1.276
1.279
1.273
06/12/2023
1.274
1.277
1.271
05/12/2023
1.273
1.276
1.269
04/12/2023
1.266
1.270
1.263
01/12/2023
1.266
1.269
1.263
30/11/2023
1.260
1.263
1.257
29/11/2023
1.261
1.264
1.258
28/11/2023
1.253
1.256
1.250
27/11/2023
1.261
1.264
1.258
24/11/2023
1.268
1.271
1.264
23/11/2023
1.268
1.271
1.265
22/11/2023
1.270
1.273
1.267
21/11/2023
1.258
1.261
1.255
20/11/2023
1.257
1.260
1.254
17/11/2023
1.262
1.265
1.259
16/11/2023
1.260
1.264
1.257
15/11/2023
1.254
1.257
1.251
14/11/2023
1.255
1.258
1.252
13/11/2023
1.248
1.251
1.245
10/11/2023
1.249
1.252
1.246
09/11/2023
1.231
1.234
1.228
08/11/2023
1.235
1.238
1.232
07/11/2023
1.230
1.233
1.226
06/11/2023
1.213
1.216
1.210
03/11/2023
1.212
1.215
1.209
02/11/2023
1.215
1.218
1.212
01/11/2023
1.204
1.207
1.201
31/10/2023
1.203
1.206
1.200
30/10/2023
1.194
1.197
1.191
27/10/2023
1.189
1.192
1.186
26/10/2023
1.201
1.204
1.198
25/10/2023
1.206
1.209
1.203
24/10/2023
1.214
1.217
1.211
23/10/2023
1.218
1.221
1.215
20/10/2023
1.219
1.222
1.216
19/10/2023
1.237
1.240
1.234
18/10/2023
1.241
1.244
1.238
17/10/2023
1.256
1.259
1.253
16/10/2023
1.259
1.262
1.256
13/10/2023
1.257
1.260
1.254
12/10/2023
1.258
1.261
1.255
11/10/2023
1.248
1.251
1.245
10/10/2023
1.244
1.247
1.241
09/10/2023
1.233
1.237
1.230
06/10/2023
1.239
1.242
1.236
05/10/2023
1.223
1.226
1.220
04/10/2023
1.227
1.230
1.224
03/10/2023
1.219
1.222
1.216
29/09/2023
1.218
1.221
1.215
28/09/2023
1.226
1.229
1.222
27/09/2023
1.221
1.224
1.218
26/09/2023
1.213
1.216
1.210
25/09/2023
1.224
1.227
1.220
22/09/2023
1.218
1.221
1.215
21/09/2023
1.228
1.231
1.225
20/09/2023
1.227
1.230
1.224
19/09/2023
1.236
1.239
1.233
18/09/2023
1.243
1.246
1.239
15/09/2023
1.250
1.253
1.247
14/09/2023
1.258
1.261
1.255
13/09/2023
1.254
1.257
1.251
12/09/2023
1.255
1.258
1.252
11/09/2023
1.255
1.258
1.252
08/09/2023
1.258
1.261
1.255
07/09/2023
1.260
1.263
1.257
06/09/2023
1.269
1.272
1.266
05/09/2023
1.278
1.281
1.275
04/09/2023
1.272
1.276
1.269
01/09/2023
1.272
1.275
1.269
31/08/2023
1.266
1.269
1.263
30/08/2023
1.272
1.275
1.269
29/08/2023
1.278
1.281
1.275
28/08/2023
1.264
1.267
1.261
25/08/2023
1.261
1.264
1.258
24/08/2023
1.252
1.255
1.249
23/08/2023
1.257
1.260
1.254
Investment Strategy

The Pella Global Generations Fund is a long-only equity fund. It targets 30-50 positions that are growing, cash flow generative with attractive valuations, fortress balance sheets and outstanding ESG.

 

Target return: beat the Benchmark

 

Target volatility of returns: lower than the Benchmark

 

Target ESG rating: above the Benchmark

 

Target number of holdings in the portfolio: 30-50

 

Maximum cash holding: 20% of the fund's net asset value

 

Maximum sector exposure: 25% of portfolio

 

Maximum country exposure: 10% above Benchmark weight

 

Maximum region exposure: 25% above Benchmark weight

 

Currency: the fund is managed with reference to the AUD

 

Derivatives: the fund may only use derivatives to hedge the foreign exchange

 

Leverage: the fund does not borrow funds

 

Short selling: the fund does not engage in short-selling

bottom of page