The Growth Fund was created for sophisticated investors who want to achieve long term capital growth by investing in global businesses. The Fund also allows investors to diversify part of their assets away from Australia. The Fund invests in global equities markets whose economic whose cycles and driving forces are different from Australia’s. The Fund can also provide exposure to sectors which are not well represented in Australia, such as technology, aerospace, and pharmaceuticals.
Because Arminius Capital are strong believers in the preservation of their investors’ capital, the Global Fund will be restricted to investing in broad-based exchange traded funds (ETFs) and similar securities. In particular, the Fund will not undertake speculative investments.
Typically the Growth Fund’s investments will be more targeted than the Global Fund’s investments, with the intention of focusing on regions and sectors which generate superior capital growth. At present the Growth Fund holds five ETFs: one for Japan, one for the US S&P500, one for large Asian companies, one for Europe, and one for Switzerland.
Average monthly return 0.65%
Data Range Inception 201702
Annualised CY returns since inception 8.81%
Sharpe Ratio 0.96
The GROE Fund is intended, over rolling five-year periods, to beat the performance of the MSCI World Index, which covers more than 1600 stocks in 23 developed markets (but excludes emerging markets such as China). As of 31 December 2020, this index had returned 12.8% over the preceding five years, with a standard deviation of 15.1%.
The Investment Management Fee is 1.1% of net asset value, calculated monthly, inclusive of GST. The Investment Performance Fee is 10.0% of the outperformance of the Growth Fund above the MSCI World Index, calculated monthly, with a high-water mark, and inclusive of GST.
The Arminius Capital GROE Fund is a wholesale IMA and therefore is only open to investors who qualify under ASIC criteria as wholesale, sophisticated or professional investors. If you qualify and wish to view the Information Memorandum of the fund, please contact firstname.lastname@example.org