By clicking “I Agree” you represent that you are a ‘wholesale client’ under section 761G of the Corporations Act 2001 (Cth) (the “Act”). Further, you represent that you will not directly or indirectly disseminate information contained on this website to a ‘retail client’ within the meaning of section 761G of the Act.
This website contains general information only and does not take into account any person’s investment objectives, financial situation or needs. Nothing contained in the website constitutes a solicitation, recommendation, endorsement or offer to buy or sell any securities or other financial instruments.
Fund Overview
The Fund will actively invest in Australian equities and will look to build portfolios based on individual company analysis. Only investments in Australian listed securities will be considered. In building the investment portfolio, the Fund will seek out companies with strong balance sheets, able management, and durable businesses. Up to 50% of the Fund’s assets may be held in cash.
Investment objective
The Fund's investment objective is to outperform the S&P/ASX 300 Accumulation Index over rolling three-year periods.
In tandem with this objective we also aim to deliver investor a defensive portfolio that preserves capital in times of market stress.
The Airlie Concentrated Share Fund is closed to new investors. Existing investors may make additional investments to their accounts at any time.
Typical number of holdings in portfolio: 8 to 20
Maximum cash level: 50%
Fund Facts
Click here for further information on the benchmark.
Matt Williams
Head of Australian Equities
Matt has over 20 years industry experience, he entered investment management in 1993 when he joined Perpetual Investments as an equities dealer. From there Matt progressed to be an equities analyst and portfolio manager. From 2011 to 2015, Matt was Head of Equities at Perpetual. Since joining Airlie in July 2016 Matt has managed Australian share strategies for institutional clients and is a portfolio manager for the Airlie Australian Share Fund for retail clients.
Unit Prices
| Date | Entry | Exit |
|---|---|---|
| 01/12/2023 | 1.0920 | 1.0888 |
| 30/11/2023 | 1.0942 | 1.0910 |
| 29/11/2023 | 1.0863 | 1.0831 |
| 28/11/2023 | 1.0828 | 1.0796 |
| 27/11/2023 | 1.0797 | 1.0765 |
| 24/11/2023 | 1.0879 | 1.0847 |
| 23/11/2023 | 1.0867 | 1.0835 |
| 22/11/2023 | 1.0941 | 1.0909 |
| 21/11/2023 | 1.0946 | 1.0914 |
| 20/11/2023 | 1.0903 | 1.0871 |
| 17/11/2023 | 1.0884 | 1.0852 |
| 16/11/2023 | 1.0902 | 1.0870 |
| 15/11/2023 | 1.0915 | 1.0883 |
| 14/11/2023 | 1.0776 | 1.0744 |
| 13/11/2023 | 1.0692 | 1.0660 |
| 10/11/2023 | 1.0717 | 1.0685 |
| 09/11/2023 | 1.0769 | 1.0737 |
| 08/11/2023 | 1.0733 | 1.0701 |
| 07/11/2023 | 1.0681 | 1.0649 |
| 06/11/2023 | 1.0715 | 1.0683 |
| 03/11/2023 | 1.0669 | 1.0637 |
| 02/11/2023 | 1.0587 | 1.0555 |
| 01/11/2023 | 1.0474 | 1.0442 |
| 31/10/2023 | 1.0362 | 1.0330 |
| 30/10/2023 | 1.0363 | 1.0331 |
| 27/10/2023 | 1.0426 | 1.0394 |
| 26/10/2023 | 1.0429 | 1.0397 |
| 25/10/2023 | 1.0503 | 1.0471 |
| 24/10/2023 | 1.0474 | 1.0442 |
| 23/10/2023 | 1.0448 | 1.0416 |
| 20/10/2023 | 1.0528 | 1.0496 |
| 19/10/2023 | 1.0629 | 1.0597 |
| 18/10/2023 | 1.0743 | 1.0711 |
| 17/10/2023 | 1.0712 | 1.0680 |
| 16/10/2023 | 1.0659 | 1.0627 |
| 13/10/2023 | 1.0682 | 1.0650 |
| 12/10/2023 | 1.0725 | 1.0693 |
| 11/10/2023 | 1.0815 | 1.0783 |
| 10/10/2023 | 1.0728 | 1.0696 |
| 09/10/2023 | 1.0652 | 1.0620 |
| 06/10/2023 | 1.0630 | 1.0598 |
| 05/10/2023 | 1.0592 | 1.0560 |
| 04/10/2023 | 1.0604 | 1.0572 |
| 03/10/2023 | 1.0693 | 1.0661 |
| 29/09/2023 | 1.0849 | 1.0817 |
| 28/09/2023 | 1.0830 | 1.0798 |
| 27/09/2023 | 1.0797 | 1.0765 |
| 26/09/2023 | 1.0777 | 1.0745 |
| 25/09/2023 | 1.0807 | 1.0775 |
| 22/09/2023 | 1.0813 | 1.0781 |
Invest With Us
The Airlie Concentrated Share Fund
We would like to advise that The Airlie Concentrated Share Fund is closed to new investors.
If you would like to make any changes to your account please send your request directly to the Unit Registry:
- Email:
- airlie@apexgroup.com
- Postal Address:
- GPO Box 143
Sydney, NSW 2001 - Fax:
- +61 2 9247 2822
Additional information and forms
Additional information and forms
Non-Australian, non-US Taxpayers
Continuous Disclosure
A unit pricing error has been identified in The Airlie Concentrated Share Fund (the “Fund”). The error is the result of management and trustee fees (the “fees”) not being calculated and charged to the Fund in accordance with the Fund’s Constitution.
Magellan Asset Management Limited (“Magellan”), Responsible Entity to the Fund, has assessed the amount of compensation owed to all investors in the Fund. Compensation was assessed as payable to investors (relative to their holdings in the Fund) if actual fees paid by the Fund each month were greater than the fees that should have been charged.
All existing investors that were adversely impacted by the error have been compensated by Magellan by way of additional units in the Fund. The compensation to exited unit holders (who were adversely affected by $20 or more) has been funded by Magellan and includes an allowance for the time value of money. Magellan has sent written communication about the error to all investors that were adversely impacted.
FAQs
Via email within 3 business days after the administrator has received your correctly completed Additional Investment Form and application money.
An application is not complete until both cleared application money and a completed Additional Investment Form are received. If your correctly completed Additional Investment Form is received by 2pm on a business day in NSW and your application money is received as cleared funds by the close of business on that same day, your investment will receive the unit price calculated as at the close of business on that day.
During distribution periods (usually January/July) receipt of your confirmation statement may be delayed by 10-15 business days.
Additional application/redemption transaction confirmation - Via email, within 3 business days of the transaction being processed. During distribution periods (usually January / July) receipt of your confirmation statement may be delayed by 10 - 15 business days.
Monthly statement - Month-end holdings statements are sent via email within 10 business days of the end of month.
Distribution statement - Confirmation of the amount of distribution payable to your account, either in cash to your bank account or in the form of additional units reinvested to your account. Sent via email within 10-15 business days after each distribution.
Annual transaction statement - A list of all transactions on your account for the past financial year. Sent via email each July.
Tax statement - Sent in July each year via email.
Monthly Fund fact sheet - Sent via email, 12 business days after month end.
Daily unit prices - are available by 7pm daily on the website. During distribution periods (usually January / July) calculation of daily unit prices may be delayed by 10 - 15 business days.
Mainstream Fund Services can accept your Additional Application Form via email, fax, or mail.
Any queries regarding your account should be sent to Apex Fund Services - airlie@apexgroup.com or 1300 127 780.
Any instructions, such as applications/redemptions/changes of details should be sent directly to Mainstream Fund Services.
- Email:
- airlie@apexgroup.com
- Fax:
- +61 2 9247 2822
- Mail:
- Mainstream Fund Services - Unit Registry
GPO Box 143
Sydney NSW 2001 -
If you require assistance, please contact Mainstream Fund Services on 1300 127 780 or +61 2 8259 8566 (international) or 0800 787 621 (NZ).
Send a written instruction signed by the authorised signatory/signatories on the account. Please email, fax or mail the instruction directly to Mainstream Fund Services.
Please download the form here and please email, fax or post the instruction directly to Mainstream Fund Services.
Please download the form here and please email, fax or post the instruction directly to Mainstream Fund Services.
Please download the form here,or you may send a brief letter to Mainstream Fund Services stating you would like to make a redemption from your Airlie investment, and include the following details:
- Fund Name
- Your Account Name and Number
- Amount you wish to redeem - you must stipulate either the dollar amount of the redemption or the number of units to redeem. We will not accept redemption requests that ask us to calculate the redemption amount so that you retain a specific amount as a balance.
- If you are redeeming in full please write “Full Redemption” or check the appropriate box on the form.
- The instruction must be signed by the authorised signatory/signatories on the account.
Please email, fax or post the instruction directly to Mainstream Fund Services.
Note: The minimum redemption amount is $50,000. We may require you to make a full redemption if you do not continue to meet the minimum holding amount for the fund ($400,000).