Bateau Asset Management

Description

Bateau Asset Management is a boutique investment manager led by experienced institutional professionals. Bateau Asset Management is founded on a core philosophy of absolute return investing.

Objective

The Fund targets a return of 8-11% p.a. after Investment Management Fees and Administration Fees and after Ordinary Expenses over a period of 5 years. Remember that investing involves risk, and you can lose as well as make money. Neither returns nor the money you invest in the Fund are guaranteed.

Strategy

The Fund intends to invest in a number of underlying funds. Initially the Fund will be 100% invested in the Ddraig Equity Fund. The Investment Manager expects that when the Fund’s investment portfolio is mature, it will hold at least 4 underlying funds. The ability to invest into further underlying funds depends on a number of factors including fund inflows and the availability of appropriate investment opportunities, as well as ensuring that the mix of underlying funds is optimal having regard to the objectives of the Fund. The Fund may hold some cash from time to time but the intention is that it is fully invested in underlying funds as soon as is practicable. See Selecting underlying managers below and The underlying funds in section 5 of this PDS for more details. The Investment Manager manages this mix of underlying funds and fund managers, which are carefully selected based on thorough research and due diligence. Underlying funds can be both Australian and offshore domiciled.

Please click here for the latest version of the PDS and application form for the Bateau Global Opportunities Fund.

Please click here for the annual financial statements for 30 June 2017.