The Fund can invest in listed Australian securities, as well as in securities expected to be listed on an Australian exchange. The Fund will hold between 40 and 70 securities and will seek to remain fully invested with an allowable maximum cash exposure of 5% of total assets at any one time.
SOLARIS CORE AUSTRALIAN EQUITY FUND (PERFORMANCE ALIGNMENT)
APIR Code: SOL0001AU | ARSN 128 859 898
find out moreSOLARIS AUSTRALIAN EQUITY LONG SHORT FUND
APIR Code: WHT3859AU | ARSN: 618 962 995
find out more apply onlineSOLARIS AUSTRALIAN EQUITY INCOME FUND
APIR Code: WHT2589AU | ARSN: 618 961 667
find out more apply onlineInvestment Objective
Outperformance of the S&P/ASX 200 Accumulation Index over rolling 3 year periods.
This product is intended for use as a core allocation for a consumer who is seeking capital growth and has a high risk and return profile for that portion of their investment portfolio. It is likely to be consistent with the financial situation and needs of a consumer with a 7 year investment timeframe and who is unlikely to need to withdraw their money on less than one week’s notice. View the Target Market Determination (TMD).
Benefits and risks
Investment in the Solaris Core Australian Equity Fund offers investors a range of benefits:
- Management expertise: The investment and management expertise of Solaris, a boutique Australian owned equities fund manager providing access to investment opportunities and markets that individual investors usually cannot achieve on their own.
- Investment approach: Solaris selects a diversified portfolio of securities using fundamental analysis to exploit market inefficiencies in forecasts and valuations. Solaris’ investment approach involves a detailed analysis of the securities and key financial markets, with an eye on global perspectives.
- Diversification: The Fund’s investments will be spread across a carefully researched and actively managed portfolio of up to 70 different company stocks. This diversification of investments can help reduce overall investment risk.
- Investment opportunities: Access to wholesale investment opportunities that may not generally be available to private investors.
- Resources: Access to full-time research resources, a rigorous investment process, highly developed risk management expertise, and advanced trading systems and technology.
-
- Risks: All investments carry risk. Different strategies can carry different levels of risk, depending on the assets that make up that strategy. Assets with the highest long-term returns may also carry the highest level of risk. The value of investments and the level of returns will vary.
- Equity security risk: The share price of a security can rise and fall as a consequence of many factors including, but not limited to, economic conditions, adverse investor sentiment, management performance, financial leverage, or factors that affect the company’s industry.
- Concentration risk: The risk associated with a fund that concentrates its investments in a small number of securities or invests in a small subset of an asset class, resulting in possibly higher volatility compared to the broader market index.
- Investment strategy risk: The success of the Fund depends upon the investment manager’s ability to develop and implement investment processes and identify investment opportunities that achieve the investment objectives of the Fund.
Future returns may differ from past returns and past performance is not a reliable guide to future performance. For further discussion of risks please refer to the Product Disclosure Statement.
Fund Information
| APIR CODE: | WHT0012AU |
|---|---|
| BENCHMARK: | S&P/ASX 200 Accumulation Index |
| INVESTMENT UNIVERSE: | 250+ stocks in Australian listed securities |
| HOLDS BETWEEN: | 40 – 70 stocks in Australian listed securities |
| SUGGESTED INVESTMENT TIMEFRAME: | Minimum 7 years |
| Risk: | High |
| Portfolio allocation1: | 95-100% Australian equities 0-5% Cash and cash equivalents2 |
| DISTRIBUTION FREQUENCY: | Semi-annually |
| STYLE: | Neutral |
| MANAGEMENT FEE: | 0.90% p.a. |
| PERFORMANCE FEE: | Nil |
| RESPONSIBLE ENTITY: | Pinnacle Fund Services Limited |
1 The above portfolio allocation ranges are indicative only. The Fund will be rebalanced within a reasonable period of time should the exposure move outside of the above ranges.
2 Excludes cash used for derivatives transactions and exposure.
How to Invest
For investment via platform (IDPS) there is no minimum investment requirement.
Please refer to your IDPS operator’s requirements.
The minimum initial investment for a Direct Investor is $30,000.
In order to download the application form, you must read the Product Disclosure Statement (PDS) and Additional Information to the PDS.
Platform Availability
| AMP North, Portfolio Care | Macquarie Wrap |
|---|---|
| Asgard | Mason Stevens |
| BT Panorama | MLC Navigator, Wrap |
| CFS FirstChoice, FirstWrap | Perpetual Wealthfocus |
| DPM | Powerwrap (IDPS only) |
| HUB24, Xplore | Praemium |
| Insignia Expand | Premium Choice |
Ratings
Disclaimer
This webpage is prepared by Solaris Investment Management Limited ('Solaris') (ABN 72 128 512 621, AFSL 330 505) as the investment manager of the Solaris Core Australian Equity Fund (ARSN 128 859 898 ) (the ‘Fund’). Pinnacle Fund Services Limited ('PFSL') (ABN 29 082 494 362, AFSL 238 371) is the product issuer of the Fund. PFSL is not licensed to provide financial product advice. PFSL is a wholly-owned subsidiary of the Pinnacle Investment Management Group Limited (‘Pinnacle’) (ABN 22 100 325 184) .
The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Fund, you should consider the current Product Disclosure Statement (PDS) and Target Market Determination (‘TMD’) of the Fund and the Fund’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au, and assess whether the Fund is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.
Neither PFSL nor Solaris guarantees repayment of capital or any particular rate of return from the Fund. There can be no assurance that the Fund will achieve its investment objectives. The value of your units at any point in time may be worth less than your original investment even after taking into account the reinvestment of Fund distributions. Returns are not guaranteed, and you may lose some or all of your money. The specific risks associated with investing in the Fund, and the risks associated with the Fund’s investments, are discussed in Section 4 of the Product Disclosure Statement. Neither PFSL nor Solaris gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgments of Solaris as at the date of website creation and are subject to change without notice. Past performance is not a reliable indicator of future performance.
1Zenith Disclaimer: The Zenith Investment Partners ('Zenith') (ABN 27 103 132 672, AFSL 226872) rating (assigned SOL0001AU; WHT0012AU; WHT2589AU and WHT3859AU - September 2024) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
2Lonsec Disclaimer: The Lonsec Ratings (assigned as follows: WHT2589AU; WHT0012AU; SOL0001AU; WHT3859AU - October 2024) presented in this document are published by Lonsec Research Pty Ltd ('Lonsec') (ABN 11 151 658 561, AFSL 421445). The Ratings are limited to "General Advice" (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial products. Past performance information is for illustrative purposes only and is not indicative of future performance. They are not a recommendation to purchase, sell or hold Solaris products, and you should seek independent financial advice before investing in these products. The Ratings are subject to change without notice and Lonsec assumes no obligation to update the relevant documents following publication. Lonsec receives a fee from the Fund Manager for researching the products using comprehensive and objective criteria. For further information regarding Lonsec's Ratings methodology, please refer to our website at https://www.lonsec.com.au/fund-manager/investment-product-ratings
3Morningstar Disclaimer: © 2023 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or 'class service' have been prepared by Morningstar Australasia Pty Ltd (ABN 95 090 665 544, AFSL 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at https://www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement (Australian products) or Investment Statement (New Zealand products) before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Ltd ('ASXO') (ACN 004 523 782).
As at 13 September 2023 the Morningstar Analyst RatingTM for the Solaris Core Australian Equity Fund (Performance Alignment) is 'Gold'.
As at 13 September 2023 the Morningstar Analyst RatingTM for the Solaris Core Australian Equity Fund is 'Silver'.
About the Fund
The Solaris Core Australian Equity Fund (Performance Alignment) Unit Class provides the investor with an opportunity to invest in a fund with a performance fee structure that requires the investor to pay a performance fee only if the Fund outperforms its Benchmark. This fee structure provides a clear alignment of interests between the investor and Solaris by aligning the fee earning potential with Benchmark outperformance.
Investment Objective
Outperformance of the S&P/ASX 200 Accumulation Index over rolling 3 year periods.
This product is intended for use as a core allocation for a consumer who is seeking capital growth and has a high risk and return profile for that portion of their investment portfolio. It is likely to be consistent with the financial situation and needs of a consumer with a 7 year investment timeframe and who is unlikely to need to withdraw their money on less than one week’s notice. View the Target Market Determination (TMD).
Benefits and risks
Investment in the Solaris Core Australian Equity Fund (Performance Alignment) offers investors a range of benefits:
- Management expertise: The investment and management expertise of Solaris, a boutique Australian owned equities fund manager providing access to investment opportunities and markets that individual investors usually cannot achieve on their own.
- Investment approach: Solaris selects a diversified portfolio of securities using fundamental analysis to exploit market inefficiencies in forecasts and valuations. Solaris’ investment approach involves a detailed analysis of the securities and key financial markets, with an eye on global perspectives.
- Diversification: The Fund’s investments will be spread across a carefully researched and actively managed portfolio of up to 70 different company stocks. This diversification of investments can help reduce overall investment risk.
- Investment opportunities: Access to wholesale investment opportunities that may not generally be available to private investors.
- Resources: Access to full-time research resources, a rigorous investment process, highly developed risk management expertise, and advanced trading systems and technology.
-
- Risks: All investments carry risk. Different strategies can carry different levels of risk, depending on the assets that make up that strategy. Assets with the highest long-term returns may also carry the highest level of risk. The value of investments and the level of returns will vary.
- Equity security risk: The share price of a security can rise and fall as a consequence of many factors including, but not limited to, economic conditions, adverse investor sentiment, management performance, financial leverage, or factors that affect the company’s industry.
- Concentration risk: The risk associated with a fund that concentrates its investments in a small number of securities or invests in a small subset of an asset class, resulting in possibly higher volatility compared to the broader market index.
- Investment strategy risk: The success of the Fund depends upon the investment manager’s ability to develop and implement investment processes and identify investment opportunities that achieve the investment objectives of the Fund.
Future returns may differ from past returns and past performance is not a reliable guide to future performance. For further discussion of risks please refer to the Product Disclosure Statement.
Fund Information
| APIR CODE: | SOL0001AU |
|---|---|
| BENCHMARK: | S&P/ASX 200 Accumulation Index |
| INVESTMENT UNIVERSE: | 250+ stocks in Australian listed securities |
| HOLDS BETWEEN: | 40 – 70 stocks in Australian listed securities |
| SUGGESTED INVESTMENT TIMEFRAME: | Minimum 7 years |
| Risk: | High |
| Portfolio allocation1: | 95-100% Australian equities 0-5% Cash and cash equivalents2 |
| DISTRIBUTION FREQUENCY: | Semi-annually |
| STYLE: | Neutral |
| MANAGEMENT FEE: | Nil |
| PERFORMANCE FEE: | 30% p.a. of gross outperformance of the Benchmark. High watermark applies to any underperformance. |
| RESPONSIBLE ENTITY: | Pinnacle Fund Services Limited |
1 The above portfolio allocation ranges are indicative only. The Fund will be rebalanced within a reasonable period of time should the exposure move outside of the above ranges.
2 Excludes cash used for derivatives transactions and exposure.
How to Invest
For investment via platform (IDPS) there is no minimum investment requirement.
Please refer to your IDPS operator’s requirements.
The minimum initial investment for a Direct Investor is $30,000.
In order to download the application form, you must read the Product Disclosure Statement (PDS) and Additional Information to the PDS.
Platform Availability
| AMP North, Portfolio Care | IOOF Portfolio Service |
|---|---|
| Asgard | Macquarie Wrap |
| BT Panorama | Mason Stevens |
| CFS FirstWrap | Netwealth |
| DASH (IDPS only) | Powerwrap (IDPS only) |
| HUB24, Xplore | Praemium |
| Insignia Expand |
Ratings
Disclaimer
This webpage is prepared by Solaris Investment Management Limited ('Solaris') (ABN 72 128 512 621, AFSL 330 505) as the investment manager of the Solaris Core Australian Equity Fund (Performance Alignment) (ARSN 128 859 898 ) (the ‘Fund’). Pinnacle Fund Services Limited ('PFSL') (ABN 29 082 494 362, AFSL 238 371) is the product issuer of the Fund. PFSL is not licensed to provide financial product advice. PFSL is a wholly-owned subsidiary of the Pinnacle Investment Management Group Limited (‘Pinnacle’) (ABN 22 100 325 184).
The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Fund, you should consider the current Product Disclosure Statement (PDS) and Target Market Determination (‘TMD’) of the Fund and the Fund’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au, and assess whether the Fund is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.
Neither PFSL nor Solaris guarantees repayment of capital or any particular rate of return from the Fund. There can be no assurance that the Fund will achieve its investment objectives. The value of your units at any point in time may be worth less than your original investment even after taking into account the reinvestment of Fund distributions. Returns are not guaranteed, and you may lose some or all of your money. The specific risks associated with investing in the Fund, and the risks associated with the Fund’s investments, are discussed in Section 4 of the Product Disclosure Statement. Neither PFSL nor Solaris gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgments of Solaris as at the date of website creation and are subject to change without notice. Past performance is not a reliable indicator of future performance.
1Zenith Disclaimer: The Zenith Investment Partners ('Zenith') (ABN 27 103 132 672, AFSL 226872) rating (assigned SOL0001AU; WHT0012AU; WHT2589AU and WHT3859AU - September 2024) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
2Lonsec Disclaimer: The Lonsec Ratings (assigned as follows: WHT2589AU; WHT0012AU; SOL0001AU; WHT3859AU - October 2024) presented in this document are published by Lonsec Research Pty Ltd ('Lonsec') (ABN 11 151 658 561, AFSL 421445). The Ratings are limited to "General Advice" (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial products. Past performance information is for illustrative purposes only and is not indicative of future performance. They are not a recommendation to purchase, sell or hold Solaris products, and you should seek independent financial advice before investing in these products. The Ratings are subject to change without notice and Lonsec assumes no obligation to update the relevant documents following publication. Lonsec receives a fee from the Fund Manager for researching the products using comprehensive and objective criteria. For further information regarding Lonsec's Ratings methodology, please refer to our website at https://www.lonsec.com.au/fund-manager/investment-product-ratings
3Morningstar Disclaimer: © 2023 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or 'class service' have been prepared by Morningstar Australasia Pty Ltd (ABN 95 090 665 544, AFSL 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at https://www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement (Australian products) or Investment Statement (New Zealand products) before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Ltd ('ASXO') (ACN 004 523 782).
As at 13 September 2023 the Morningstar Analyst RatingTM for the Solaris Core Australian Equity Fund (Performance Alignment) is 'Gold'.
As at 13 September 2023 the Morningstar Analyst RatingTM for the Solaris Core Australian Equity Fund is 'Silver'.
About the Fund
The Fund aims to provide investors with access to an actively managed portfolio of listed Australian securities (as well as securities expected to be listed on an Australian exchange) with a focus on providing income.
Investment Objective
Outperformance of the S&P/ASX200 Accumulation Index (including franking) after fees. Annual gross yield (including franking) that exceeds the gross yield of the S&P/ASX200 Accumulation Index.
This product is intended for use as a core allocation for a consumer who is seeking regular income and has a high risk and return profile for that portion of their investment portfolio. It is likely to be consistent with the financial situation and needs of a consumer with a 3-5 year investment timeframe and who is unlikely to need to withdraw their money on less than one week’s notice. View the Target Market Determination (TMD).
Benefits and risks
Investment in the Solaris Australian Equity Income Fund offers investors a range of benefits:
- Management expertise: The investment and management expertise of Solaris, a boutique Australian owned equities fund manager providing access to investment opportunities and markets that individual investors usually cannot achieve on their own.
- Investment approach: Solaris selects a diversified portfolio of securities using fundamental analysis to exploit market inefficiencies in forecasts and valuations. Solaris’ investment approach involves a detailed analysis of the securities and key financial markets, with an eye on global perspectives.
- Diversification: The Fund’s investments will be spread across a carefully researched and actively managed portfolio of up to 80 different company stocks. This diversification of investments can help reduce overall investment risk.
- Investment opportunities: Access to wholesale investment opportunities that may not generally be available to private investors.
- Resources: Access to full-time research resources, a rigorous investment process, highly developed risk management expertise, and advanced trading systems and technology.
-
- Risks: All investments carry risk. Different strategies can carry different levels of risk, depending on the assets that make up that strategy. Assets with the highest long-term returns may also carry the highest level of risk. The value of investments and the level of returns will vary.
- Equity security risk: The share price of a security can rise and fall as a consequence of many factors including, but not limited to, economic conditions, adverse investor sentiment, management performance, financial leverage, or factors that affect the company’s industry.
- Investment strategy risk: The success of the Fund depends upon the investment manager’s ability to develop and implement investment processes and identify investment opportunities that achieve the investment objectives of the Fund.
Future returns may differ from past returns and past performance is not a reliable guide to future performance. For further discussion of risks please refer to the Product Disclosure Statement.
Fund Information
| APIR CODE: | WHT2589AU |
|---|---|
| BENCHMARK: | S&P/ASX 200 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt) |
| INVESTMENT UNIVERSE: | 250+ stocks in Australian listed securities |
| HOLDS BETWEEN: | 30-80 securities |
| SUGGESTED INVESTMENT TIMEFRAME: | 3 – 5 years |
| Risk : | High |
| Portfolio Allocation1: | 80-100% Australian equities 0-20% Cash and cash equivalents2 |
| DISTRIBUTION FREQUENCY: | Quarterly |
| MANAGEMENT FEE: | 0.90% p.a. |
| PERFORMANCE FEE: | NA |
| RESPONSIBLE ENTITY: | Pinnacle Fund Services Limited |
1 The above portfolio allocation ranges are indicative only. The Fund will be rebalanced within a reasonable period of time should the exposure move outside of the above ranges.
2 Excludes cash used for derivatives transactions and exposure.
How to Invest
In order to download the application form, you must read the Product Disclosure Statement (PDS) and Additional Information to the PDS.
Platform Availability
| AMP North | BT Panorama |
|---|---|
| DASH | HUB24, Xplore |
| Macquarie Wrap | MLC Platforms |
| Netwealth | Powerwrap (IDPS only) |
| Praemium |
Ratings
Disclaimer
This webpage is prepared by Solaris Investment Management Limited ('Solaris') (ABN 72 128 512 621, AFSL 330 505) as the investment manager of the Solaris Australian Equity Income Fund (ARSN 618 961 667) (the ‘Fund’). Pinnacle Fund Services Limited ('PFSL') (ABN 29 082 494 362, AFSL 238 371) is the product issuer of the Fund. PFSL is not licensed to provide financial product advice. PFSL is a wholly-owned subsidiary of the Pinnacle Investment Management Group Limited (‘Pinnacle’) (ABN 22 100 325 184).
The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Fund, you should consider the current Product Disclosure Statement (PDS) and Target Market Determination (‘TMD’) of the Fund and the Fund’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au, and assess whether the Fund is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser. There can be no assurance that the Fund will achieve its investment objectives. The value of your units at any point in time may be worth less than your original investment even after taking into account the reinvestment of Fund distributions. Returns are not guaranteed, and you may lose some or all of your money. The specific risks associated with investing in the Fund, and the risks associated with the Fund’s investments, are discussed in Section 4 of the Product Disclosure Statement.
Neither PFSL nor Solaris guarantees repayment of capital or any particular rate of return from the Fund. Neither PFSL nor Solaris gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgments of Solaris as at the date of website creation and are subject to change without notice. Past performance is not a reliable indicator of future performance.
1Zenith Disclaimer: The Zenith Investment Partners ('Zenith') (ABN 27 103 132 672, AFSL 226872) rating (assigned SOL0001AU; WHT0012AU; WHT2589AU and WHT3859AU - September 2024) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
2Lonsec Disclaimer: The Lonsec Ratings (assigned as follows: WHT2589AU; WHT0012AU; SOL0001AU; WHT3859AU - October 2024) presented in this document are published by Lonsec Research Pty Ltd ('Lonsec') (ABN 11 151 658 561, AFSL 421445). The Ratings are limited to "General Advice" (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial products. Past performance information is for illustrative purposes only and is not indicative of future performance. They are not a recommendation to purchase, sell or hold Solaris products, and you should seek independent financial advice before investing in these products. The Ratings are subject to change without notice and Lonsec assumes no obligation to update the relevant documents following publication. Lonsec receives a fee from the Fund Manager for researching the products using comprehensive and objective criteria. For further information regarding Lonsec's Ratings methodology, please refer to our website at https://www.lonsec.com.au/fund-manager/investment-product-ratings
About the Fund
The Solaris Australian Equity Long Short Fund provides the investor with an opportunity to invest in a fundamental style neutral Australian equity long short product (can hold both long and short positions). The Fund will maintain a net exposure of 70% – 100%, with the proceeds from shorting (40% maximum) reinvested in preferred long positions in order to enhance returns. The portfolio will typically consist of 40 – 70 long ideas and 20 – 30 short ideas. The Fund may be suitable for investors with an Investment horizon of 7 years, and seek capital growth via exposure to Australian stocks and are willing to accept the short-term fluctuations in price typically associated with such investments.
Investment Objective
To achieve returns that exceed the S&P/ASX200 Accumulation Index by taking both long and short positions in selected shares listed on a recognised Australian exchange.
This product is intended for use as a core allocation for a consumer who is seeking capital growth and has a Very high risk and return profile for that portion of their investment portfolio. It is likely to be consistent with the financial situation and needs of a consumer with a 7 year investment timeframe and who is unlikely to need to withdraw their money on less than one week’s notice. View the Target Market Determination (TMD).
Benefits and risks
Investing in the Solaris Australian Equity Long Short Fund offers a range of benefits:
- Management expertise: The investment and management expertise of Solaris, a boutique Australian owned equities fund manager providing access to investment opportunities and markets that individual investors usually cannot achieve on their own.
- Investment approach: Solaris selects a diversified portfolio of securities using fundamental analysis to exploit market inefficiencies in forecasts and valuations. Solaris’ investment approach involves a detailed analysis of the securities and key financial markets, with an eye on global perspectives.
- Diversification: The Fund’s investments will be spread across a carefully researched and actively managed portfolio of different companies. This diversification of investments can help reduce overall investment risk.
- Investment opportunities: Access to wholesale investment opportunities that may not generally be available to private investors.
- Resources: Access to full-time research resources, a rigorous investment process, highly developed risk management expertise, and advanced trading systems and technology.
-
- Risks: All investments carry risk. Different strategies can carry different levels of risk, depending on the assets that make up that strategy. Assets with the highest long-term returns may also carry the highest level of risk. The value of investments and the level of returns will vary.
- Equity security risk: A security’s share price can rise and fall as a consequence of many factors including, but not limited to, economic conditions, adverse investor sentiment, management performance, financial leverage or factors that affect the company’s industry.
- Short selling risk: There is a higher risk in creating a short position than creating a long position in relation to a security. In creating a short position, the Fund will borrow a security from a securities lender and sell it with the intention of repurchasing the security when the price of the security falls. If the price of the security rises, a loss is incurred which can be much greater than the price of the security at which it was sold.
Future returns may differ from past returns and past performance is not a reliable guide to future performance. For further discussion of risks please refer to the Product Disclosure Statement.
Fund Information
| APIR CODE: | WHT3859AU |
|---|---|
| BENCHMARK: | S&P/ASX200 Accumulation Index |
| INVESTMENT UNIVERSE: | 250+ stocks in Australian listed securities |
| HOLDS BETWEEN: | Typically 40-70 long equities and 20-30 short equities |
| SUGGESTED TIMEFRAME: | Minimum 7 years |
| Risk: | Very High |
| Portfolio allocation1: | 70-100% Australian equities 0-30% Derivatives 0-30% Cash and cash equivalents2 |
| DISTRIBUTION FREQUENCY: | Semi-annual |
| STYLE: | Neutral (Neither value or growth bias for example) |
| MANAGEMENT FEE: | 0.99% p.a. |
| PERFORMANCE FEE: | 15% (payable semi-annually) based on outperformance of the benchmark and base fee. |
| RESPONSIBLE ENTITY: | Pinnacle Fund Services Limited |
1 The above portfolio allocation ranges are indicative only. The Fund will be rebalanced within a reasonable period of time should the exposure move outside of the above ranges.
2 Excludes cash used for derivatives transactions and exposure.
How to Invest
The minimum initial investment for a direct investor is $30,000.
In order to download the application form, you must read the Product Disclosure Statement.
Platform Availability
| AMP North, PortfolioCare | Macquarie Wrap |
|---|---|
| Asgard | Mason Stevens |
| BT Panorama | MLC Navigator, Wrap |
| CFS FirstWrap | Netwealth |
| HUB24, Xplore | Powerwrap (IDPS only) |
| Insignia Expand | Praemium |
Ratings
Disclaimer
This webpage is prepared by Solaris Investment Management Limited ('Solaris') (ABN 72 128 512 621, AFSL 330 505) as the investment manager of the Solaris Australian Equity Long Short Fund (ARSN 618 962 995) (the ‘Fund’). Pinnacle Fund Services Limited ('PFSL') (ABN 29 082 494 362, AFSL 238 371) is the product issuer of the Fund. PFSL is not licensed to provide financial product advice. PFSL is a wholly-owned subsidiary of the Pinnacle Investment Management Group Limited (‘Pinnacle’) (ABN 22 100 325 184).
The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Fund, you should consider the current Product Disclosure Statement (PDS) and Target Market Determination (‘TMD’) of the Fund and the Fund’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au, and assess whether the Fund is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.
Neither PFSL nor Solaris guarantees repayment of capital or any particular rate of return from the Fund. There can be no assurance that the Fund will achieve its investment objectives. The value of your units at any point in time may be worth less than your original investment even after taking into account the reinvestment of Fund distributions. Returns are not guaranteed, and you may lose some or all of your money. The specific risks associated with investing in the Fund, and the risks associated with the Fund’s investments, are discussed in Section 6 of the Product Disclosure Statement. Neither PFSL nor Solaris gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgments of Solaris as at the date of website creation and are subject to change without notice. Past performance is not a reliable indicator of future performance.
1Zenith Disclaimer: The Zenith Investment Partners ('Zenith') (ABN 27 103 132 672, AFSL 226872) rating (assigned SOL0001AU; WHT0012AU; WHT2589AU; WHT3859AU - September 2024) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
2Lonsec Disclaimer: The Lonsec Ratings (assigned as follows: WHT2589AU; WHT0012AU; SOL0001AU; WHT3859AU - October 2024) presented in this document are published by Lonsec Research Pty Ltd ('Lonsec') (ABN 11 151 658 561, AFSL 421445). The Ratings are limited to "General Advice" (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial products. Past performance information is for illustrative purposes only and is not indicative of future performance. They are not a recommendation to purchase, sell or hold Solaris products, and you should seek independent financial advice before investing in these products. The Ratings are subject to change without notice and Lonsec assumes no obligation to update the relevant documents following publication. Lonsec receives a fee from the Fund Manager for researching the products using comprehensive and objective criteria. For further information regarding Lonsec's Ratings methodology, please refer to our website at https://www.lonsec.com.au/fund-manager/investment-product-ratings