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

* 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

SQM

ERIG Index

Superior

1st Quartile

Contact Evergreen

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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

HUB24

Macquarie Wrap

Netwealth

Unit prices - Class B
Date
NAV
Entry Price
Exit Price
18/05/2022
1.024
1.027
1.021
16/05/2022
1.055
1.058
1.053
15/05/2022
1.042
1.044
1.039
12/05/2022
1.048
1.051
1.046
11/05/2022
1.033
1.035
1.030
10/05/2022
1.024
1.027
1.022
09/05/2022
1.031
1.034
1.029
08/05/2022
1.022
1.025
1.019
05/05/2022
1.043
1.046
1.040
04/05/2022
1.047
1.049
1.044
03/05/2022
1.070
1.073
1.068
02/05/2022
1.066
1.069
1.063
01/05/2022
1.067
1.070
1.064
28/04/2022
1.064
1.066
1.061
27/04/2022
1.079
1.082
1.076
26/04/2022
1.061
1.064
1.058
25/04/2022
1.054
1.057
1.051
21/04/2022
1.072
1.075
1.070
20/04/2022
1.080
1.083
1.078
20/04/2022
1.085
1.088
1.082
18/04/2022
1.087
1.090
1.084
14/04/2022
1.077
1.080
1.075
12/04/2022
1.085
1.087
1.082
11/04/2022
1.069
1.071
1.066
10/04/2022
1.082
1.085
1.079
07/04/2022
1.094
1.096
1.091
06/04/2022
1.090
1.093
1.087
05/04/2022
1.078
1.081
1.076
05/04/2022
1.08
1.083
1.078
03/04/2022
1.100
1.102
1.097
01/04/2022
1.104
1.106
1.101
30/03/2022
1.097
1.100
1.095
30/03/2022
1.109
1.112
1.106
28/03/2022
1.115
1.118
1.112
28/03/2022
1.102
1.104
1.099
24/03/2022
1.094
1.096
1.091
23/03/2022
1.093
1.096
1.091
22/03/2022
1.088
1.091
1.086
21/03/2022
1.109
1.112
1.106
20/03/2022
1.104
1.107
1.102
17/03/2022
1.105
1.108
1.102
16/03/2022
1.098
1.101
1.096
15/03/2022
1.099
1.102
1.096
14/03/2022
1.077
1.079
1.074
13/03/2022
1.064
1.067
1.061
10/03/2022
1.054
1.052
1.049
09/03/2022
1.054
1.051
1.049
08/03/2022
1.062
1.065
1.059
07/03/2022
1.034
1.037
1.031
06/03/2022
1.034
1.037
1.031
03/03/2022
1.045
1.048
1.043
02/03/2022
1.071
1.074
1.069
01/03/2022
1.091
1.094
1.088
28/02/2022
1.082
1.085
1.080
27/02/2022
1.101
1.104
1.098
24/02/2022
1.103
1.105
1.100
23/02/2022
1.092
1.095
1.090
22/02/2022
1.075
1.078
1.073
21/02/2022
1.092
1.094
1.089
20/02/2022
1.100
1.102
1.097
17/02/2022
1.112
1.115
1.110
16/02/2022
1.120
1.123
1.118
15/02/2022
1.143
1.146
1.140
14/02/2022
1.146
1.149
1.143
13/02/2022
1.131
1.134
1.128
10/02/2022
1.139
1.142
1.136
09/02/2022
1.147
1.150
1.143
08/02/2022
1.172
1.175
1.169
07/02/2022
1.154
1.157
1.151
06/02/2022
1.154
1.157
1.151
03/02/2022
1.162
1.165
1.159
02/02/2022
1.148
1.151
1.145
01/02/2022
1.172
1.175
1.169
31/01/2022
1.165
1.167
1.162
30/01/2022
1.164
1.167
1.161
27/01/2022
1.151
1.154
1.148
26/01/2022
1.133
1.136
1.130
24/01/2022
1.128
1.130
1.125
23/01/2022
1.150
1.153
1.147
20/01/2022
1.147
1.150
1.145
19/01/2022
1.154
1.157
1.151
18/01/2022
1.158
1.161
1.155
17/01/2022
1.162
1.165
1.160
16/01/2022
1.181
1.184
1.178
13/01/2022
1.179
1.182
1.176
12/01/2022
1.179
1.182
1.176
11/01/2022
1.190
1.193
1.187
10/01/2022
1.193
1.196
1.190
09/01/2022
1.188
1.191
1.185
06/01/2022
1.193
1.196
1.190
05/01/2022
1.196
1.199
1.193
04/01/2022
1.188
1.191
1.185
03/01/2022
1.205
1.208
1.202
30/12/2021
1.200
1.203
1.197
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