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The ActiveX Kapstream Absolute Return Income Fund (Managed Fund) is managed by Kapstream Capital with an innovative approach to fixed income, aiming to balance the interests of capital preservation with the generation of consistent and stable income, and unconstrained in sourcing the most compelling fixed income investment opportunities in Australia and around the world, according to Kapstream Capital’s global macroeconomic views. The Fund gains its exposure by investing in the Kapstream Absolute Return Income Fund (Underlying Fund).
Suits Investors Seeking:
- Stable income across market cycles
- Potentially higher levels of returns compared to cash
- Low to moderate volatility
- A diversified portfolio that can complement other asset classes
Where does it fit in your portfolio?
The Fund is designed to deliver a steady stream of income and capital stability and sit in the defensive allocation of a portfolio, the Fund can help diversify equity and traditional fixed income exposures, and can be used to complement cash exposures.
Before making a decision about whether to make an investment or additional investment in the Fund, please read the Fund’s Target Market Determination (TMD), Product Disclosure Statement (PDS), Additional Information Booklet and Product Updates to ensure the key attributes of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs.
Key Facts
| Cboe Ticker |
XKAP |
| ARSN |
632 896 176 |
| Last traded price (A$)* |
A$97.36 |
| NAV per unit ($A) |
|
| Portfolio Size (A$) |
|
| Underlying Fund size (A$)** |
|
| Inception date |
15 October 2019 (strategy inception 31 May 2007) |
| Benchmark |
RBA Cash Rate |
| Investment objective |
The Fund aims to provide a steady stream of income and capital stability over the medium term while aiming to outperform its benchmark through market cycles. |
| Suggested minimum time frame |
At least three years |
| Management Costs |
0.55% p.a. |
| Performance Fee |
Nil |
| Distribution Frequency |
Quarterly |
| Distribution Reinvestment Plan (DRP) |
Full participation available |
| Trading hours |
10:00 – 16:00 |
| SMSF eligible? |
Yes |
| Issuer |
Fidante Partners Limited |
| Investment Manager |
Kapstream Capital Pty Limited |
| Fund administrator |
Fidante Partners Limited |
| Exchange |
Cboe Australia Pty Ltd |
| Custodian |
Citi Group Pty Limited |
| Registry |
Link Market Services Limited |
| Auditor |
Ernst and Young |
| Market Maker |
Please
contact usOpens in new window
for details of our market makers |
*Data updated approx. every 20 minutes.
