Montgomery Alpha Plus Fund

ABOUT

Established in August 2016, The Montgomery Alpha Plus Fund (The Fund) purchases a portfolio of 80-180 Australian and international listed equities, that we expect to deliver above average investment returns.  The Fund simultaneously sells short an equal-sized portfolio of 80-180 Australian and international listed equities, that we expect to deliver below average investment returns. The Fund will also invest in derivatives and cash.

In this way, The Fund aims to benefit from our ability to consistently apply a systematic process identifying both relatively superior investment candidates, as well as relatively inferior investment candidates.

Montgomery’s distinctive research identifies the proprietary combination of factors that cause listed businesses to create or destroy wealth.

The combination of an equal-sized long and a short portfolio should reduce exposure to the market’s direction, including large swings, which explains why such a fund is called a Market Neutral Fund.

The Montgomery Alpha Plus Fund is a market neutral fund that aims to generate positive returns while minimizing exposure to market direction.

Investment in The Fund is suited to individuals, families and their trusts and superannuation funds who may be less confident about the market’s direction and those who value the diversification benefits of returns that are largely uncorrelated with movements in the broader equity market. The minimum investment requirement is $50,000.

The price you receive

The Fund is forward priced, you will receive the price struck subsequent to the receipt of your application/redemption.

Fundhost Ltd (ABN 69 092 517 087, AFSL 233045) is the responsible entity of the Montgomery Alpha Plus Fund. The Investment Manager is Montgomery Quantitative Management Pty Ltd.

IMPORTANT NOTICE (29 April 2019)

Fundhost Ltd (ABN 69 092 517 087, AFSL 233045) is the responsible entity of the Fund. As required, the product disclosure statement for the fund contains information on the financial disputes body and the option to contact them.

The PDS currently provides details of the Financial Ombudsman Service (FOS) for dispute resolution. This body has since been replaced with the Australian Financial Complaints Authority (AFCA) AFCA as per the details provided below. Any enquiries made to FOS, will be directed to AFCA.

The purpose of this notice is to provide updated information pursuant to ASIC Class Order 03/237 which is not materially adverse to investors in the fund under the PDS. While this change is not considered to be materially adverse to investors, it should be taken into account when making a decision to invest under the PDS.

Enquiries and Complaints:

If you do have a complaint you may of course contact us by telephone, however, if you would like a record of your complaint please write to us and we will ensure that your complaint is acknowledged and responded to as soon as practicable, and in any event within 14 days.

If you are unhappy with our response to your complaint you can contact the independent Australian Financial Complaints Authority (AFCA).  Australian Financial Complaints Authority GPO Box 3, Melbourne VIC 3001 1800 931 678 (free call) info@afca.org.au www.afca.org.au

AFCA operations will be financed by contributions made by its members, including Fundhost. AFCA is free to consumers. For information on the AFCA Rules governing its jurisdiction and processes, please refer to www.afca.org.au.