- Value Fund
- Income Fund
Performance – Value Fund
Performance figures for the strategy and the retail share class are available in the tabs below:
Merlon Concentrated Value Strategy (Wholesale Investors)
Merlon Concentrated Value Strategy – Performance (before fees) as at 31 March 2024
| Performance | 1 months (%) |
3 months (%) |
1 year (%) |
3 years (%) p.a. |
5 years (%) p.a. |
10 years (%) p.a. |
Since Inception** (%) p.a. |
| Strategy Total Return | 5.3 | 13.4 | 22.0 | 16.7 | 12.5 | 10.1 | 10.5 |
| ASX200 Accumulation Index | 3.3 | 5.3 | 14.4 | 9.6 | 9.2 | 8.3 | 8.8 |
| Excess Return | 2.0 | 8.1 | 7.5 | 7.1 | 3.4 | 1.8 | 1.7 |
Past performance is not a reliable indicator of future performance. Strategy Total Return and S&P/ASX 200 Accumulation Index Total Return stated before fees and grossed up for franking credits. For the purposes of measuring total return, franking credits are calculated as franking credits accrued divided by the average daily NAV for the portfolio and benchmark.
**Strategy Inception date is 31 May 2010.
For wholesale investors interested in the strategy, please contact Merlon directly: info@merloncapitalpartners.com
Merlon Concentrated Australian Share Fund (Retail Investors)
Merlon Concentrated Australian Share Fund – Performance (after fees) as at 31 March 2024
| Performance | 1 month (%) |
3 months (%) |
1 year (%) |
3 years (%) p.a. |
5 years (%) p.a. |
Since Inception** (%) p.a. |
| Fund Total Return | 4.9 | 12.8 | 20.5 | 15.3 | 11.2 | 8.8 |
| ASX200 Accumulation Index | 3.3 | 5.3 | 14.4 | 9.6 | 9.1 | 8.6 |
| Excess Return | 1.7 | 7.5 | 6.0 | 5.6 | 2.1 | 0.2 |
*Performance figures are calculated after fees have been deducted and assume distributions have been reinvested. No allowance is made for tax when calculating these figures. Past performance is not a reliable indicator of future performance.
The Fund benchmark is the S&P/ASX 200 Accumulation Index.
**The Inception Date for the fund is 1 February 2018. Strategy Inception date is 31 May 2010.
For performance related queries, please call the Fidante Investor Services Team on 13 51 53.
Performance – Income Fund
Merlon Australian Share Income Fund – Performance (after fees) as at 31 March 2024
| Performance* | 1 month (%) |
3 months (%) |
FYTD (%) |
1 year (%) |
3 years (%) p.a |
5 years (%) p.a |
10 years (%) p.a |
Inception (%) p.a^ |
| Fund Total Return | 4.3 | 10.2 | 11.0 | 17.0 | 13.0 | 9.9 | 8.3 | 7.8 |
| Benchmark** | 2.6 | 4.4 | 11.2 | 12.4 | 8.5 | 8.1 | 7.6 | 7.4 |
| Gross Distribution Yield | 0.6 | 1.6 | 4.8 | 6.4 | 6.6 | 6.7 | 7.1 | 9.4 |
*Returns are calculated after fees and expenses, and assuming the reinvestment of distributions. All returns are grossed up for franking credits. Past performance is not a reliable indicator of future performance. The inception date for the Fund is 30 September 2005.
**The Fund’s benchmark is a composite of 70% S&P/ASX 200 Accumulation Index / 30% Bloomberg Ausbond Bank Bill Index and is used for all time periods. From 30 September 2005 to 16 May 2022, the Fund’s benchmark was the S&P/ASX 200 Accumulation Index. The Fund reduces exposure to share market volatility to a typical range of 60-80% through the use of derivatives with the remaining 20-40% option protection seeking to deliver a cash-like risk/return profile.
^The Inception Date for the fund is 30 September 2005.
For performance related queries call the Fidante Investor Services Team on 13 51 53