A diversified portfolio of Australian shares

What the Macquarie Australian Shares Fund offers

Diversified exposure

To a portfolio of Australian shares identified as having attractive fundamentals

Aims to achieve consistent active returns

By holding a large number of small active positions

Emotional bias risk reduced

A systematic approach to capturing the fundamental characteristics of stocks

All investments carry risk. Different investments carry different levels of risk, depending on the investment strategy and the underlying assets. Generally, the higher the potential return of an investment, the greater the risk.

The risks of investing in the fund include:

  • Investment risk: The Fund has exposure to share markets. The risk of an investment in the Fund is higher than an investment in a typical bank account or fixed income investment. Amounts distributed to unitholders may fluctuate, as may the Fund’s unit price. The unit price may vary by material amounts, even over short periods of time, including during the period between a redemption request or application for units being made and the time the redemption unit price or application unit price is calculated.
  • Market risk: Share markets can be and have been volatile, and have the potential to fall by large amounts over short periods of time. The investments of the Fund are likely to have a broad correlation with share markets in general, and hence poor performance or losses in domestic and/or global share markets are likely to negatively impact the overall performance of the Fund.
  • Security specific risk: Securities and the companies that issue them are exposed to a range of factors that affect their individual performance. These factors may cause an investment’s return to differ from that of the broader market. The Fund may therefore underperform the market and/or its peers due to its security specific exposures.

For a full description of the risks of investing in the fund, you should read the Product Disclosure Statement before deciding to invest.

About the Macquarie Australian Shares Fund

Investment manager

Macquarie is one of Australia's largest equities managers with over 30 years experience managing portfolios. Our experienced global team has over 90 investment professionals in Sydney, Hong Kong, New York, Boston and Philadelphia.

Investment objective

The Macquarie Australian Shares Fund aims to outperform the S&P/ASX 200 Accumulation Index (Benchmark) over the medium to long term (before fees). It aims to provide capital growth and some income.

Investment strategy

The Fund provides exposure to a diversified portfolio of Australian equities through securities listed, or expected to be listed, on the Australian Securities Exchange. The Fund may also provide exposure to equity issued by Australian entities on offshore exchanges, derivatives (including options, futures, warrants and forwards) and cash.

How the Macquarie Australian Shares Fund works

The Fund’s investment process seeks to identify companies which:

  • rank highly on proprietary quantitative screens, and
  • may exceed market expectations over the long term.

Fund information

 Macquarie Australian Shares Fund
APIR code MAQ0443AU
Inception date 29 November 2005
Minimum investment timeframe 5 or more years
Distribution frequency Generally quarterly
Management fee 0.600% pa of the net asset value of the fund and inclusive of GST.
Minimum investment $20,000

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