Platypus Australian Equities Fund
Total returns of over 7% p.a. since inception*
• Enviable long-term track record*
• High conviction growth fund generally holding 25-40 stocks
• Exposure to small caps
• Fundamental ESG analysis (read our ESG policy)
• Active engagement agenda to drive change across holdings
• True-to-label growth style
• Minimum investment of $5,000
Platypus is a growth-style manager with a small cap bias.
Our high conviction, quality-focused approach means we invest in fewer stocks than most other Australian equity funds (generally 25-40).
Using a combination of top-down macroeconomic and bottom-up company analysis, we seek to add value by identifying investment opportunities with extended growth prospects at sensible prices. Shorter-term mispricing of stocks also offers valuable opportunities to add value to the Fund.
Why invest with Platypus?
Platypus provides investors with an Australian equity portfolio with demonstrably consistent growth-style characteristics and an enviable track record. We believe that when you invest in a relatively high-risk asset class like Australian equities, you should be seeking a risk-return outcome that’s significantly above the index.
Our fundamental belief is that companies should exhibit a track record of earnings and preferably dividend growth to be considered an investment proposition. We believe that share price performance over the medium to long-term is driven by consistent earnings growth: hence this is our primary focus.
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Founded in 1998, Platypus Asset Management was strengthened via a joint venture with Australian Unity in 2006 who then moved to full ownership in 2022. This has provided us with many innovative resources and backend support services while preserving the entrepreneurialism, independence and flexibility of a boutique investment house.
About the Fund
The Fund aims to outperform the S&P/ASX 300 Accumulation Index (before fees and expenses) over a rolling three-year rolling period.
Australian Unity Funds Management Limited is the Responsible Entity for the Fund.
| || Total Return*|| Benchmark**||Active Return|
| 1 mth %|| -4.81|| -3.8||-1.01|
| 3 mths %|| -11.08|| -7.29||-3.79|
| 1 yr %|| 0.71|| 2.51||-1.8|
| 3 yrs % pa|| 0.06|| 8.68||-8.62|
| 5 yrs % pa|| 6.05|| 7.15||-1.10|
| 7 yrs % pa|| 7.84|| 7.73||0.11|
| Since Inception † % pa|| 7.05|| 5.80||1.25|
As at 31 October, 2023
* Total Return is calculated after fees and expenses and assumes the reinvestment of distributions. Past performance is not a reliable indicator of future performance.
** Benchmark is S&P/ASX 300 Accumulation Index
† Inception date for performance calculations is 30 April, 2006. Retail units are closed to new investors.
| APIR Code||AUS0030AU (Wholesale)|
| Minimum Initial Investment Amount||$5,000|
| Management Fees||0.76% p.a.|
| Estimated Recoverable Expense||0.12% of the gross asset value of the Fund for the financial year ending 30 June 2017*|
| Performance Fee||15.375% of excess performance over the relevant performance hurdle.*|
| Buy/Sell Spread||0.20% / 0.20%|
* Effective 30 September, 2017. Inclusive of the impact of RITC (Reduced Input Tax Credits). Refer to the PDS and Additional Information Document for more information about fees and costs for this Fund.
|Effective Date||8 December 2023|
|Cents Per Unit||0.936|
|Period End||31 December 2021|
How to Invest
If you would like to invest in this Fund, please contact your financial adviser.
Alternatively you can invest in this Fund directly.
The Platypus Australian Equities Fund is currently available on the following platforms:
- UBS Wealth Management Australia Platform
- Federation Managed Accounts
23/12/2021 Platypus Asset Management ownership update
22/10/2021 Annual Report 30 June 2021
5/10/2021 Internal Dispute Resolution
26/2/2021 December 2020 Distribution
22/10/2020 Annual Report 30 June 2020
23/9/2019 Annual Report 30 June 2019
8/7/2019 Fund Payment Notice June 2019
30/5/2019 Australian Unity moves to Spring Street
10/1/2019 December 2018 Fund Payment Notice
25/9/2018 Annual Report 30 June 2018
1/7/2018 June 2018 Fund Payment Notice
27/6/2018 Reduction in management fee
4/1/2018 December 2017 Fund Payment Notice
26/9/2017 Annual Report 30 June 2017
11/7/2017 Modification of Constitution for AMIT
7/7/2017 Fund Distribution
27/10/2016 Change of auditor
28/9/2016 Annual Report 30 June 2016
1/12/2015 Performance fee change on 1 January 2016
16/12/2014 FATCA / AML / CTF information requirements
21/8/2012 Changes to Goods and Services Tax
The following information is provided for investors in the Fund. Please note, however, the information provided is general information only and current at the time of publication. It does not take into account your objectives, financial situation or needs. In deciding whether to hold or dispose of the product you should seek professional financial and taxation advice.
Units in this Fund are issued by Australian Unity Funds Management Limited ABN 60 071 497 115, AFS Licence No 234454. Information provided here is general information only and current at the time of publication and does not take into account your objectives, financial situation or needs. In deciding whether to acquire, hold or dispose of the product you should obtain a copy of the Product Disclosure Statement which is made available on this website and seek professional financial and taxation advice. This information is intended for recipients in Australia only. Past performance is not a reliable indicator of future performance.