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

Asset Allocation

  • Cash
  • Cross holding
  • Equity: listed Australia & N.Z.
  • Options (foreign currency)
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Larger Companies Trust portfolio

Unit Prices

  • 29 July 2010
    $1.4158
    $1.4131
    $1.4104
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Returns

To 30 June 2010 6 months 1 year 2 years 3 years 5 years 10 years Since Inception
Larger Companies Trust -7.88% 4.43% -2.65% -8.43% 0.65% 4.29% 7.55%
Benchmark: Melded index -7.86% 11.64% -2.38% -10.20% 0.85% 1.77% 5.59%