Friday, 13 January 2017
MARKET ANNOUNCEMENT CBG Fund Details as at 31 December 2016As at 31 December 2016, Bentley had ~3.97 million 29.3% (of its net assets) invested in the CBG Australian Equities Fund (Wholesale) (CBG Fund) (30 November 2016: ~$3.89 million (28.9%)).
About the CBG FundThe monthly performance of the CBG Fund for December 2016 was +1.9% (30 November 2016:
+1.0% compared with its benchmark performance (S&P/ASX 200 Accumulation Index) of
+4.4% (30 November 2016: +3.0%).
The CBG Fund is a wholesale fund not open to retail investors. The objective of the fund is to outperform the S&P/ASX 200 Accumulation Index over the medium term. The Investment Manager is 'style neutral' and invests in growth stocks, value stocks, stocks with maintainable dividend yields and special situations.
CBG Fund details as at 31 December 2016:
The equity weighting was 83.65% (30 November 2016: 95.01%);
82.14% of the equity portfolio is invested in companies contained within the S&P/ASX 200 Index (30 November 2016: 82.57%) with the balance of 17.86% invested in companies outside of the S&P/ASX 200 Index (30 November 2016: 17.43%); and
The equity portfolio contained 47 holdings (30 November 2016: 48 holdings).
CBG Australian Equities Fund - PerformanceReturns To:
1mth
3mths
6mths
1yr
2yrs
3yrs
Since Inception
31 December 2016
(%)
(%)
(%)
(%)
(% p.a.)
(% p.a.)
(% p.a.)
CBG Fund
1.9%
-0.6%
3.0%
-4.6%
2.6%
4.8%
9.2%
ASX / S&P 200
Accumulation Index
4.4%
5.2%
10.6%
11.8%
7.1%
6.6%
8.2%
www.bel.com.au
BENTLEY CAPITAL LIMITED A.B.N. 87 008 108 218
Level 2, 23 Ventnor Avenue, West Perth, Western Australia 6005
ASX : BEL T | (08) 9214 9757 F | (08) 9214 9701 E | info@bel.com.au
20170113 BEL ASX CBG Fund Details as at 31 December 2016
CBG Australian Equities Fund Top 20 Holdings and Sector WeightsTop 20 Holdings
Fund Weight
Sector weights
Fund Weight
ASX
Code
Asset Name
31 Dec
30 Nov
Sector
31 Dec
30 Nov
CBA
COMMONWEALTH BANK OF AUSTRALIA
11.6%
12.2%
Financials (ex-Real Estate)
39.4%
41.5%
WBC
WESTPAC BANKING CORPORATION
9.3%
8.9%
Cash/Hybrids/Fixed Interest
16.4%
5.0%
NAB
NATIONAL AUSTRALIA BANK LIMITED
4.5%
4.2%
Industrials
11.1%
18.8%
HGG
HENDERSON GROUP
4.4%
4.2%
Consumer Discretionary
9.3%
8.8%
ANZ
ANZ BANKING GROUP LIMITED
4.1%
4.6%
Real Estate
6.3%
6.2%
MQA
MACQUARIE ATLAS ROADS GROUP
3.7%
4.4%
Utilities
5.5%
6.0%
LLC
LENDLEASE GROUP
3.6%
3.4%
Health Care
3.6%
4.1%
TCL
TRANSURBAN GROUP
3.4%
5.5%
Information Technology
3.6%
3.9%
APA
APA GROUP
2.9%
2.8%
Telecommunication Services
3.3%
3.1%
MFG
MAGELLAN FINANCIAL GROUP
2.8%
4.1%
Materials
1.5%
0.9%
SDA
SPEEDCAST INTERNATIONAL LIMITED
2.6%
2.4%
Consumer Staples
1.7%
DUE
DUET GROUP
2.3%
3.1%
EGH
EUREKA GROUP HOLDINGS LIMITED
2.2%
2.4%
AHG
AUTOMOTIVE HOLDINGS GROUP
2.2%
2.0%
REA
REA GROUP LIMITED
2.0%
1.9%
SLK
SEALINK TRAVEL GROUP LIMITED
1.7%
1.5%
RMD
RESMED INC
1.6%
1.6%
SUN
SUNCORP GROUP LIMITED
1.6%
1.5%
TNE
TECHNOLOGY ONE LIMITED
1.3%
1.4%
CL1
CLASS LIMITED
1.3%
1.4%
Notes:
The 'About the CBG Fund' section is based on information provided by CBG Asset Management Limited.
Units invested in the CBG Australian Equities Fund (Wholesale) are valued at the audited unit price published by the investment manager, CBG Asset Management Limited, as at month end - the unit price reflects the net asset backing of the fund; there is no buy/sell spread price; there is no recognition of realisation costs as there are no exit fees charged on redemption of units.
FOR FURTHER INFORMATION:
Farooq Khan Chairman | Victor Ho Company Secretary |
T | (08) 9214 9757 | T | (08) 9214 9757 |
E | info@bel.com.au | E | cosec@bel.com.au |
- 2 -
Bentley Capital Limited published this content on 13 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 January 2017 01:00:05 UTC.
Original documenthttp://www.bel.com.au/sites/default/files/20170113 BEL ASX CBG Fund Details as at 31 December 2016.pdf
Public permalinkhttp://www.publicnow.com/view/39442FB51A96F5297E7548197E9A4A202099318A