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| Rebate Offer |
2.2% (100%) |
| Minimum Initial Investment |
$10,000 |
| Expected Close Date |
Ongoing |
| Description |
A new style of investment using a systematic methodology to provide investors with exposure to the CORALS Index, which contains 12 liquid commodity indices to provide medium to long term returns. |
| Product Disclosure Statement |  | Download Product Disclosure Statement (PDS) |  | Request Product Disclosure Statement (PDS) |
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The CORALS Commodities Fund provides investors with a unique exposure to global commodities. The Fund aims to generate returns over the medium to long term by investing in a financial instrument that provides exposure to the CORALS Index™ which references 12 individual indices linked to these commodities
| Commodity |
Underlying Index |
| Crude Oil (WTI) |
S&P GSCI WTI Crude |
| Natural Gas |
S&P GSCI Natural Gas
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| Heating Oil |
S&P GSCI Heating Oil
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| Gasoline |
S&P GSCI Gasoline
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| Gas Oil |
S&P GSCI Gas Oil
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| Aluminium |
S&P GSCI Alumnium
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| Copper |
S&P GSCI Copper
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| Gold |
S&P GSCI Gold
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| Silver |
S&P GSCI Silver
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| Corn |
S&P GSCI Corn
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| Soybean |
S&P GSCI Soyben
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| Wheat |
S&P GSCI Wheat
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Using a quantitative process, the CORALS Index™ seeks to identify and capitalise on expected increases and/or decreases in the value of the underlying commodity indices.
Global demand for commodities is expected to increase as the emerging economies of China and India continue to grow as the same time that developed countries continue their consumption. Combined with lack of investment and reluctance to expand production may see ongoing upward pressure on the price of commodities.
The CORALS Commodities Fund has the following features
- Unique investment in an asset class that has low correlation to traditional asset classes like equities and bonds
- Exposure to 12 liquid commodities across base metals, precious metals, energy and agriculture
- Utilises a Long-Short Strategy to take advantage of rising and falling commodity markets to reduce overall volatility
- Independently reviewed by Standard & Poors which awarded it a 4 star rating
Aurora Funds Management Limited is the Issuer and Responsible Entity, being responsible for the administration of this fund. Barclays, through Barclays Capital Funds Solution, the investment management team within Barclays Capital, has been engaged as the Investment Adviser of this fund. Barclays Capital provides indices such as the CORALS Index™, which is a custom index designed designed to capture investment ideas or strategies using systematic rule-based methodologies. Barclays operates in over 29 countries, employs over 16,000 staff (as at 31 March 2008) and has a balance sheet of over US$2.4 trillion (as at 31 December 2007).
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 100% of the 2.2% entry fee on investments in the CORALS Commodities Fund as additional units. 2020 DIRECTINVEST may receive a trailing commission of up to 0.22% 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) | | CORALS Commodities Fund Adviser Edge Research |
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| CORALS Commodities Fund | Access CORALS Commodities Fund and other investment opportunities via 2020 DIRECTINVEST with 100% entry fee rebate.
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