Overview
Growth Equities Accumulation Limited provides investors with access
to a managed fund of Australian listed shares and intends to deliver
share price growth to its shareholders with some fully franked income.
The Company’s objective is to maximise profits
for investors whilst protecting its investment capital.
Its long-term investment philosophy utilises a buy
and hold strategy to achieve its objective. It does not speculate
and maintains a low level of turnover. The combination of these
reduce investment risk and improves the reliability of returns.
Portfolio Management
The Company may invest into any Australian listed security but the
Manager has a policy of avoiding resource companies. It will typically
hold between 15 and 25 shares as well as cash, depending on the
market conditions and valuations. There are no market capitalisation
restrictions but ideally half the portfolio will be held in Top100
companies and the other half in the rest of the market. This will
depend greatly on the market conditions and valuations.
Performance Benchmark
S&P/ASX All Ordinaries Accumulation Index
(XAOAI)
Inception Date
1 August 2003
Fund Size
$9.2 million as at 30 June 2009
Performance
Most investment returns are as a result of capital appreciation.
Click here of the latest performance results:
