Class A - Grant Samuel Tribeca Alpha Plus Units

The Tribeca Alpha Plus Fund (Fund) was launched in September 2006 with the objective of creating an Australian equity fund capable of achieving positive returns in excess of its S&P/ASX 200 benchmark over the long term.  The Fund has been designed to deliver these returns consistently across economic and market cycles.

The Fund uses quantitative techniques, where stocks are ranked according to predetermined investment criteria, and fundamental analysis which assesses the impact of a range of value drivers from economic cycles and industry structure, to company management and business execution.  This diverse investment process provides a large number of buy and sell signals for the Fund which employs techniques, including short selling, to capitalise on them.

Grant Samuel Funds Management (GSFM) is offering the Class A - Grant Samuel Tribeca Alpha Plus Units ("Class A units") to financial planning networks through investment platforms.

Retail investors wishing to invest in the Class A - Grant Samuel Tribeca Alpha Plus Units can only access the Class A units through an investment platform.  Please contact your financial advisor for details.

Please click on the link below to view a copy of the Class A - Grant Samuel Tribeca Alpha Plus Units Product Disclosure Statement (PDS):

Documentation

IMPORTANT INFORMATION

Equity Trustees Limited (“EQT”) ABN 46 004 031 298 AFSL 240975, the responsible entity of the Fund ARSN 120 567 544 and GSFM, the distributor of the Fund, are the issuers of this information about the Fund. This information has been prepared as general information only.  It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information.  Neither EQT nor GSFM has taken into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision in relation to the Fund, investors should consider the appropriateness of this information, having regard to their own objectives, financial situation and needs and read and consider the product disclosure statement (“PDS”) for the Fund dated 12 April 2010 which can be obtained by contacting GSFM on (02) 9324 4356 or from this website. Applications to invest in the Fund must be made on the application form which accompanies the PDS. Retail investors may only invest in the Fund through an investment platform using the PDS for that platform which can be obtained from the operator of the platform.

Key Features - Class A - Grant Samuel Tribeca Alpha Plus Units

Fund name	Tribeca Alpha Plus Fund
Class of units	Class A or Class A – Grant Samuel Tribeca Alpha Plus
Investment Manager1	Tribeca Investment Partners Pty Ltd
Inception date of Fund	The Fund was registered by ASIC on 12 July 2006.
Investment objective	The Fund aims to achieve positive returns in excess of the Benchmark over the long term by taking both Long Positions and Short Positions in selected Australian shares.
Benchmark	S&P/ASX 500 Accumulation Index
Minimum initial investment2	$25,000
Minimum additional investment2	$1,000
Minimum balance2	$20,000
Minimum withdrawal2	$1,000
Applications and withdrawals	Daily
Payment of proceeds of withdrawal3	Usually within 7 days
Income distribution	Generally half yearly
Management costs4	0.97% p.a. plus a performance fee of 20.5% of the Fund return above the performance hurdle return.
Buy- sell Spread	Buy +0.30% / Sell -0.30%
Recommended investment timeframe	At least 5 years

¹ EQT may change the investment manager for the Fund at any time, without prior notice to investors.

² The Responsible Entity may alter the minimum amounts specified at any time without prior notice to investors. Investors investing through an IDPS should refer to the IDPS Guide for the IDPS.

³ Refer to the Product Disclosure Statement (‘PDS‘) - ‘Access to your money’ for further details.

⁴ The management costs are expressed as a percentage of the NAV. This includes GST and an estimate for RITCs. Refer to the PDS-‘Fees and other costs’ for further details.

About Tribeca

Tribeca Investment Partners Pty Ltd aims to design and manage innovative investment solutions for its clients to meet their wealth creation objectives. Established in 1998, Tribeca proudly retains its boutique structure and culture and is majority owned by Tribeca employees, with the remainder held by Grant Samuel Funds Management Pty Limited.

As of 31 March 2012 Tribeca managed around $1.3 billion in funds for clients, invested across the Australian equity market. Tribeca’s success is based on a culture of investment creativity balanced by a range of disciplined and comprehensive processes.

Tribeca employs a team of dedicated and experienced investment professionals with significant experience in managing investments in the Australian equity and global markets. The investment team researches global liquid assets and brings together a broad range of knowledge and skills gained from a combination of research analysis and portfolio management roles within investment management and stockbroking.

Tribeca believes that a systematic investment process that identifies mis-priced securities enhances the potential to achieve returns that consistently outperform the market. This process needs to generate an information advantage as well as be able to exploit observed market biases. A multi-faceted investment approach enables the development of a range of products that apply specific skills to maximum effect in different segments of the market.

Tribeca grew from an initial Small Cap mandate that was awarded in January 1999. The Tribeca Core Fund was launched soon after to target the mainstream Australian equity space and in 2006, the Alpha Plus Fund, a long short strategy, was launched. In 2011 Tribeca launched the Global Total Return Fund.

Research & Ratings

*S&P has assigned Grant Samuel Tribeca Alpha Plus Four Stars. This reflects their high conviction that the manager will consistently generate risk-adjusted returns in excess of relevant investment objectives and relative to peers. To review the Standard & Poor’s Fund Report follow the link below.

Click here to view the S&P Grant Samuel Tribeca Alpha Plus Research Report.

^Zenith Investment Partner’s Product Assessment specifically addresses a qualitative assessment of the fund manager’s investment process, security selection, portfolio construction, risk management, applications of the fund and quantitative assessment of absolute and relative performance, consistency and risk adjusted performance. To access the Zenith review of the Fund click on the link below.

Click here to view the Zenith Grant Samuel Tribeca Alpha Plus Product Assessment Report.

*To the extent that any ratings, opinions or other information of Standard & Poor’s Information Services (Australia) Pty Ltd (ABN: 17 096 167 556, Australian Financial Services Licence Number: 258896) (“Standard & Poor’s") constitutes general advice, this advice has been prepared by Standard & Poor’s without taking into account any particular person’s financial or investment objectives, financial situation or needs. Before acting on any advice, any person using the advice should consider its appropriateness having regard to their own or their clients’ objectives, financial situation and needs. You should obtain a Product Disclosure Statement relating to the product and consider the statement before making any decision or recommendation about whether to acquire the product. Past performance is not a reliable indicator of future performance. Ratings can change or cease at any time and should not be relied upon without referring to the meaning of the rating. For more information regarding ratings please call S&P Customer Service on 1300 792 553 and also refer to Standard & Poor’s Financial Services Guide at www.fundsinsights.com. Each analytic product or service of Standard & Poor’s is based on information received by the analytic group responsible for such product or service. “S&P” and “Standard & Poor’s” are trademarks of The McGraw-Hill Companies, Inc. © 2012 Standard & Poor’s Information Services (Australia) Pty Limited.

^The Zenith Investment Partners (“Zenith”) ABN 60 322 047 314 rating (assigned April 2011) referred to in this document is limited to “General Advice” (as defined by section 766B of Corporations Act 2001) and based solely on the assessment of the investment merits of the financial product on this basis. It is not a specific recommendation to purchase, sell or hold the relevant product(s), and Zenith advises that individual investors should seek their own independent financial advice before investing in this product. The rating is subject to change without notice and Zenith has no obligation to update this document following publication. Zenith usually receives a fee for rating the fund manager and product against accepted criteria considered comprehensive and objective.

Performance

Investment Manager: Tribeca Investment Partners Pty Ltd ABN 64 080 430 100 AFSL 239070 (Tribeca); Responsible Entity: Equity Trustees Limited ABN 46 004 031 298 AFSL 240975 (EQT); Retail Distribution Partner: Grant Samuel Funds Management Pty Ltd ABN 14 125 715 004 AFSL 317587 (GSFM). This page is provided for information purposes only and is not intended to take the place of professional advice. Neither Tribeca, EQT nor GSFM has taken into account the investment objectives, financial situation or particular needs of any particular person.

Past performance information given in this page is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. Neither EQT, GSFM nor any Grant Samuel entity guarantees the repayment of capital or the performance of the Fund or any particular returns from the Fund.

Before making an investment decision in relation to the Fund, you should consider the appropriateness of this information having regard to your own objectives, financial situation and needs and read and consider the Fund’s product disclosure statement dated 12 April 2010 (PDS). Retail investors may invest in the Fund through a licensed financial adviser or an investment platform using the PDS for that platform which can be obtained from the operator of the platform.

Unit Prices & Distribution - Class A - Grant Samuel Tribeca Alpha Plus Units

Unit Prices

The most recently available actual entry/exit prices are set out here. If unit prices are not available for today then the latest available prices will be displayed. Unit prices are usually calculated each business day and are not available for weekends and public holidays. The entry and exit prices you will receive if you were to apply for or redeem Class A-Grant Samuel Alpha Plus Units in the Tribeca Alpha Plus Fund (the Fund), may differ from that shown above because the actual price will be calculated by reference to a different date. Your actual entry/exit price will be confirmed following any transactions on your units. Unit prices are provided for information purposes only. They are not an offer or recommendation to you to buy or sell units in the Fund, nor a solicitation for deposits or other business, whether directly or indirectly, in Australia or in any other jurisdiction. No promise or warranty is made or given with respect to the performance of the Fund. No promise or warranty is given and no liability is accepted for any inaccuracy, error or omission in this information. The entry/exit prices shown above do not take into account any entry fees or exit fees that may be payable upon entry to or exit from the Fund, and are expressed in Australian dollars.

Past performance information given in this page is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. Neither EQT, GSFM nor any Grant Samuel entity guarantees the repayment of capital or the performance of the Fund or any particular returns from the Fund. This information is provided for persons in Australia only and is not provided for the use of any person who is in any other country.

How To Invest

Retail investors may invest in the Class A- Grant Samuel Tribeca Alpha Plus Units through a licensed financial adviser or an investment platform using the Product Disclosure Statement for that platform which can be obtained from the operator of the platform.

Platforms

The Fund is available on the following investment menus:

Class A Units
Asgard
BT Wrap
Colonial FirstWrap
Macquarie Wrap
Netwealth

Contact details

Business Development Team