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Rebate Offer
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4.1% (100%)
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Minimum Initial Investment
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$1,500
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Expected Close Date
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Ongoing
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Description
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To provide magnified long-term capital growth by borrowing to invest in securities listed, or expected to be listed, on the ASX.
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| Product Disclosure Statement |  Download Product Disclosure Statement (PDS) |  Request Product Disclosure Statement (PDS) |
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The Advance Australian Geared Equity Fund aims to provide investors with a total investment return (before fees and taxes) that outperforms the S&P/ASX200 Accumulation Index over periods of 5 years or longer.
The Australian Geared Equity Fund offers the benefits of a convenient, cost effective gearing strategy with potentially higher returns and higher risk with added tax efficiency. This Fund is designed for investors who are willing to accept short-term volatility in return for tax effective returns and potentially higher long-term growth.
The Advance Australian Geared Equity Fund delivers the potential to boost long-term capital growth in an environment that allows investors exposure to Australian equities without over exposing their capital. The Fund draws on the expertise and experience of Maple-Brown Abbott for stock selection in the underlying fund, the Advance Sharemarket Fund.
Gearing levels within the Fund, which are prudently managed between 40%-60%, are driven by a balance between dividend yields and the prevailing rate of interest. Borrowings are not permitted where the LVR exceeds 60% and the Fund is positively geared to ensure all franking credits are passed through to investors.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 100% of the 4.1% entry fee on investments in the Advance Australian Geared Equity Fund as additional units. 2020 DIRECTINVEST may receive a trailing commission of up to 0.60% pa. This trailing commission is paid by the fund manager and is NOT an additional charge to the investor. |
| Download Product Disclosure Statement (PDS) | | Request Product Disclosure Statement (PDS) |
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