|3 years p.a.||12.0||10.4||1.6|
|5 years p.a.||11.8||9.6||2.2|
|7 years p.a.||14.6||6.7||7.9|
|10 years p.a.||13.1||4.6||8.5|
|15 years p.a.||13.4||5.1||8.4|
|Since Inception** p.a.||15.3||7.4||7.8|
Top 5 Stock Holdings
|Portfolio (%)||Benchmark* (%)|
* Benchmark is the S&P/ASX Small Ordinaries Accumulation Index.
** Inception 30th September 2002
^ Total Return
Past performance is not a reliable indicator of future performance.
Class Limited (CL1-AU) provided a trading update for the first quarter ended 30 September 2019, announcing customer account growth of 1,558 accounts. This takes the company’s total number of accounts to 181,355 which comprises of 172,555 self-managed super funds on Class Super and 8,205 Class Portfolios. Over the quarter, the company continued to grow its market share to 28.1% and maintain a high 99% account customer retention rate to the end of June 2019.
Netwealth Group Limited (NWL-AU) released a market update for the first quarter ended 30 September 2019, reporting funds under administration (FUA) of $25.3b, an increase of $2.0b or 9% for the quarter. On an annual basis, FUA increased by $6.0b or +31%. Additionally, the company’s funds under management (FUM) increased by $496m or +13% to $4.4b during the quarter. Annually, FUM has grown by $1.4b or +44%. NWL-AU’s platform member accounts also achieved strong growth, increasing by 8,840 accounts or +14% to 72,711 member accounts as at 30 September 2019. Based on the latest Strategic Insights quarterly platform market update, NWL-AU increased its market share to 2.6% and achieved the highest quarterly and annual platform flows to June 2019, achieving net flows of +$1.5b and +$4.3b, respectively.
In Australia, the S&P/ASX 300 Index returned -0.4% after the Reserve Bank of Australia lowered the official cash rate to a new low of 0.75%. Health Care (+7.3%), industrials (+2.9%) and REITs (+1.4%) were the best performing sectors. Information technology (-3.2%), financials (-2.9%) and consumer staples (-2.2%) were the worst performers. Bulk commodity prices were mixed with hard coking coal and gold prices rising, whilst iron ore, thermal coking coal and brent oil prices fell. The U.S. dollar broadly declined against most G10 currencies during the month, expect against the Norwegian Krone and Japanese Yen.
OBJECTIVE: MEDIUM TO LONG-TERM CAPITAL GROWTH AND INCOME THROUGH INVESTING IN HIGH CALIBRE AUSTRALIAN COMPANIES PRIMARILY LISTED OUTSIDE THE S&P/ASX 100 AT THE TIME OF INVESTMENT.
Hyperion named AUSTRALIAN FUND MANAGER OF THE YEAR in the Morningstar 2016 Awards, Australia.
The Fund’s Product Disclosure Statement contains more complete information on risks and fees.