Talaria Global Equity Fund - Currency Hedged (Managed Fund)
Talaria Global Equity Fund - Currency Hedged (Managed Fund) Chi-X: TLRH
Since November 2021, investors have been able to invest in the Talaria Global Equity Fund – Currency Hedged (Managed Fund) via Chi-X Australia (TLRH). TLRH is the ticker code for investors wishing to invest in units of the Fund.
The Fund, also known as an active ETF, is accessed via your share trading platform, stockbroker or financial adviser.
You have a choice as to whether you apply for and redeem units via the responsible entity (RE) or buy and sell units on Chi-X in the same way you buy other publicly listed ETFs and shares.
TLRH units should generally trade on Chi-X close to the prevailing Net Asset Value during the Chi-X trading day (subject to the market bid/offer spread).
You can buy and sell units off market with the Responsible Entity at the prevailing end of day Net Asset Value (subject to transaction costs and spreads).
Ticker: TLRH
iNAV:
As of 01/12/2021 04:59:59pm AEDT
NAV:
As of 30/11/2021
About Active ETFs
Active ETFs are actively managed by fund managers to generate alpha and outperform relevant benchmarks. They are also sometimes known as Exchange Quoted Managed Funds (EQMFs), Exchange Traded Managed Funds (ETMF), listed managed funds or quoted managed funds.
They operate in a similar way to traditional managed funds but have the benefit of transparent, live intra-day pricing and market-making capability.
Talaria ETF Fact Sheet
Benefits of an active ETF
Simple - Click to buy on the stock exchange, easy to switch between quoted and unquoted units.
Accessible - No minimum investment amount.
Liquid - Investors can buy/sell intraday on the ASX.
Transparent - Live trading price, quarterly full portfolio disclosure.
Video: The simple process of trading
in Talaria's active ETFs
Find out more by getting in touch with a member of our team.
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A currency hedged version of our investment strategy that reduces exposure to foreign currency movements.
Our investment strategy seeks to increase the certainty of global equity returns for investors.
We deliver this through our:
- Unique and structurally lower-risk investment approach that combines capital growth
and income generation to deliver a more consistent return profile (smoothing). - Portfolio of up to 45 large, globally listed companies.
- Internationally experienced and personally invested leadership team.
We believe the most compelling way to compound clients’ wealth is by utilising multiple return sources to deliver superior risk-adjusted investment outcomes
Management
Wealth
- Long-term compounding of investor wealth
- Multiple sources of return
- Quarterly distributions
- Risk focused investment mindset
The investment process behind the Talaria Global Equity Fund takes a high conviction, value biased approach to construct a portfolio of high quality, large cap companies from around the globe. Our unique investment methodology harnesses the benefits of consistent income generation and capital appreciation to grow investors’ real wealth.
Performance
As at 31/10/20211
1 Month | 3 Months | 6 Months | 1 Year | 3 Years (pa) | 5 Years (pa) | Since Inception (pa)2 | |
|---|---|---|---|---|---|---|---|
Total Return | 1.95 | 3.24 | 5.47 | 27.30 | 7.39 | 7.43 | 7.44 |
Growth % | 1.95 | 3.24 | -0.95 | 16.07 | 2.20 | 1.33 | 0.85 |
Income % | 0.00 | 0.00 | 6.43 | 11.23 | 5.19 | 6.10 | 6.60 |
Average Market Exposure5 | 62% | 59% | 57% | 55% | 56% | 58% | 59% |
Download historical distributions
1 Fund Returns are calculated after fees and expenses and assume the reinvestment of distributions.
2 Inception date for performance calculation is 31 December 2012.
3 Income includes realised capital gains.
4 Past performance is not a reliable indicator of future performance.
5 Average Market Exposure calculated on delta-adjusted exposure of underlying portfolio. Since inception market exposure is calculated from September 2008.
Distribution History
Frequency | End Period | Cents per Unit | Reinvestment Price |
|---|---|---|---|
Quarterly | 30-Jun-21 | 33.783 | $5.206 |
Quarterly | 31-Mar-21 | 8.500 | $5.336 |
Quarterly | 31-Dec-20 | 7.000 | $5.0885 |
Quarterly | 30-Sept-20 | 7.000 | $4.6795 |
Quarterly | 30-Jun-20 | 19.834 | $4.677 |
Quarterly | 30-Jun-18 | 0.500 | $5.127 |
Growth of $10,000 since inception6
Annual Distributions7
6 Calculations are based on exit price, net of management fees and expenses and assumes reinvestment of distributions. Past performance is not a reliable indicator of future performance.
7 Illustrates Distribution Returns for the Talaria Global Equity Fund – Wholesale Units for the financial year ending 30 June 2021. Inception date is 18 August 2008.
Top 10 holdings8
Company Name | Holding % | Country | Sector | Description |
|---|---|---|---|---|
Sodexo | 4.7 | France | Consumer Discretionary | A multinational food services and facilities management company |
Prudential | 4.6 | USA | Financials | Largest Life Insurance company in the USA |
Sanofi | 4.5 | France | Healthcare | Top 5 pharmaceutical firm with leading positions in diabetes and rare diseases |
Johnson & Johnson | 4.5 | USA | Healthcare | Pharmaceutical, medical devices and consumer health products company |
Secom | 4.1 | Japan | Industrials | Japan's largest protective and electronic security solutions provider |
McKesson | 4.0 | USA | Health Care | Largest pharmaceutical distributor in North America |
Mitsubishi Electric | 3.7 | Japan | Industrials | One of Japan’s largest industrial conglomerates |
Total | 3.6 | France | Energy | One of the largest oil and gas companies in the world |
Omnicom | 3.6 | USA | Communication Services | Global advertising and marketing services |
Swiss Re | 3.6 | Switzerland | Financials | Global reinsurance company |
8 Weightings include option positions held and cash backing put options. It assumes that put options will be exercised. Should the put option not be exercised the cash will revert to the unencumbered cash portfolio or may be used to cover further put options.
Sector Allocation9
Regional Allocation10
9,10 Weightings include option positions held and cash backing put options. It assumes that put options will be exercised. Should the put option not be exercised the cash will revert to the unencumbered cash portfolio or may be used to cover further put options.
Fund Snapshot
APIR Code | WFS0547AU |
|---|---|
Inception Date | 31 December 2012 |
Management Fee | 1.20% p.a. |
Liquidity | Daily |
Buy / Sell Spread | 0.25% / 0.25% |
Distributions | Quarterly |
Recoverable Expenses | 0.12% of the net asset value of the Fund for the financial year |
Major Platform Availability | Asgard, Ausmaq, BT Wrap, BT Panorama, Hub24, IOOF, Linear, Macquarie, Netwealth, Powerwrap, Praemium, Grow Wrap, Mason Stevens |
Reports and Disclosure Documents
Important Notice
- Units in the Talaria Global Equity Fund – Currency Hedged (Managed Fund) are issued by Australian Unity Funds Management Limited (ABN 60 071 497 115, AFS Licence No. 234454) the Responsible Entity for the Fund.
- Talaria Asset Management Pty Ltd (ABN 67 130 534 342, AFS Licence No. 333732) is the investment manager of the Fund. The information in this document is general information only and is not based on the financial objectives, situation or needs of any particular investor.
Units in the Talaria Global Equity Fund – Currency Hedged (Managed Fund) (the Fund) are issued by Australian Unity Funds Management Limited ABN 60 071 497 115, AFS Licence No. 234454.Talaria Asset Management Pty Ltd ABN 67 130 534 342, AFS Licence No, 333732 is the investment manager and distributor of the Fund. References to “we” means Talaria Asset Management Pty Ltd, the investment manager. The information in this document is general information only and is not based on the objectives, financial situation or needs of any particular investor. In deciding whether to acquire, hold or dispose of the product you should obtain a copy of the current ProductDisclosure Statement (PDS) for the Fund and consider whether the product is appropriate for you. A copy of the PDS is available at australianunity.com.au/wealthor by calling Australian Unity Wealth Investor Services team on 13 29 39. Investment decisions should not be made upon the basis of the Fund’s past performance or distribution rate, or any ratings given by a rating agency, since each of these can vary. In addition, ratings need to be understood in the context of the full report issued by the rating agency itself. The information provided in the document is current at the time of publication.
