ActiveX Kapstream Absolute Return Income Fund (Managed Fund)

Fund Information

Changes to the buy and sell spread

Click hereOpens in new window for the latest update on buy and sell spreads.

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.