Larger Companies Trust
Minimum investment:
- initial investment and minimum balance: $5000
- minimum additional investments: $500.
Objective
To provide long-term growth through investment in larger listed companies on Australian and overseas stock exchanges that meet the Australian Ethical Charter. Returns are expected to be more volatile than comparable benchmarks.
Overview
- formerly known as the Australian Ethical Large Companies Share Trust
- managed with a moderate turnover of shares
- dividend paying shares sought
- invests predominantly in Australian companies but includes a significant allocation to international shares
- all investments have a minimum market capitalisation of A$500 million
- low cash holdings
- cross-investments may occur in the Australian Ethical International Equities Trust to achieve its international exposure
- substantial hedging against significant negative impacts caused by adverse movements in exchange rates.
Established
September 1997
Recommended minimum timeframe
- 1
- 2
- 3
- 4
- 5
- 6
- 7+
- Years
Asset Mix
95% Growth 5% Defensive
Investment risk
Investment risk illustration Low High
Unit Prices
-
1 February 2012$1.2271$1.2262$1.2249
Returns
| Total returns to 31 December 2011 | 3 months | 1 year | 3 years | 5 years | 10 years | Since Inception |
|---|---|---|---|---|---|---|
| Larger Companies Trust | 1.20% | -15.50% | -2.50% | -6.60% | 2.50% | 5.80% |
| Benchmark: Melded index | 3.50% | -4.00% | 4.80% | -4.70% | 2.00% | 5.10% |
