Celeste Australian Small Companies Fund
The Celeste Australian Small Companies Fund provides exposure to a portfolio of 20-50 smaller company shares, actively managed to achieve returns above the S&P/ASX Small Ordinaries Accumulation Index over the medium term.
Investment objective
The Fund aims to achieve returns of at least 5% pa above the S&P/ASX Small Ordinaries Accumulation Index over rolling three year periods.
Recommended investment timeframe
We recommend prospective investors invest for at least four years, as we do not aim to produce superior returns over short time periods.
Performance history
The Fund has a strong track record since it started in May 1998.
View performance
Product features
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Minimum investment
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$25,000
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Minimum additional investment
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$1,000
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Minimum investment balance
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$15,000
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Withdrawals available
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Usually within 7 days
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Distributions
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30 June and 31 December
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Entry fee
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Nil
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Exit fee
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Nil
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Buy/sell differential
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0.40%
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Management fee
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0.95% pa
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Performance fee
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20% of the return above the
benchmark return*
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| Ongoing Fee Measure (OGFM) |
0.95% pa
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*The benchmark for the Fund is the S&P/ASX Small Ordinaries Accumulation Index
How to invest
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Complete the application form in the offer document
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Make out a cheque for the amount you wish to invest.
Include the payment details outlined in section 10 of the application form
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Send the completed application form and payment to:
Celeste Funds Management Limited
GPO Box 4266
Sydney NSW 2001
You will receive confirmation from us of your investment and the number of units you have bought within 7-10 business days.
Offer documents and reports