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About

Morningstar Fund Report

WaveStone Dynamic Australian Equity

Retail

Fund Report | Report generated 26 Jun 2022 |

Performance

31 May 2022

Growth of $10,000

Fund
Fund: WaveStone Dynamic Australian Equity
Index
Index: S&P/ASX 200 TR AUD
Category
Category: Equity Australia Long Short

Financial Year Total Returns

Jun-19 Jun-20 Jun-21 May-22
Fund 6.59 -9.29 25.82 6.12
+/- Cat 6.59 -9.26 -3.60 4.29
+/- Index -4.96 -1.61 -1.98 3.60

Trailing Total Returns

as at 31 May 2022
Total Return +/- Cat +/- Index Cat Rank
1 Month -2.44 0.84 0.16 9 / 18
3 Month 1.05 1.05 -2.16 6 / 18
1 Year 7.61 4.09 2.77 6 / 16
3 Year 7.91 -1.97 0.07 9 / 14
5 Year 8.30 -1.12 -0.54 6 / 11

Risk Analysis

as at 31 May 2022
3-Year Risk Measures Fund Category Index
Standard Deviation 15.79 17.67 17.76
Sharpe Ratio 0.54 0.59 0.5
R-Squared 96.41 55.59 --
Beta 0.87 0.72 --
Alpha 0.86 3.48 --

Fund Details

Fund Inception 15 Jun 2009
Responsible Entity Fidante Partners Limited
Fund Manager WaveStone Capital Pty Limited
Base Currency $A
Net Assets $Mil
(as at 30 Apr 2022)
229.54
Minimum Investment $ 10,000
Regular Savings Plan
(Yes/No)
Yes
Cash Distributions Semi-Annually

Current Investment Style

as at 30 Apr 2022

Size | Large Style | Blend

Asset Allocation

% as at 31 May 2022

Domestic Equity 110.558
International Equity -0.653
Listed Property 0.000
Unlisted Property 0.000
Domestic Fixed Interest 0.000
International Fixed Interest 0.000
Cash -9.905
Other 0.000

Morningstar Sustainability Rating  Learn more

Quick Stats

as at 23 Jun 2022

APIR Code HOW0053AU
Legal Type Investment Trusts
Status Open
Category Equity Australia Long Short
Entry Price $ 1.8811
Exit Price $ 1.8735
Exit Price
1 Week Change $
-0.0021

Morningstar Ratings

Overall 4
3 Year 3
5 Year 3
10 Year 5

Prosective Fees & Costs

as at 18 Oct 2021

Total Cost Ratio (Prospective) 1.04%
Investment Management Fee 0.99%
Performance Fee Costs 0.05%
Administration Fees & Costs --
Buy Spread/Sell Spread 0.20% / 0.20%