Bennelong Funds Management

Bennelong launched its new Twenty20 Australian Equities Fund today – giving investors a mix of passive and active management with low fees. The fund invests passively in the top 20 stocks, similar to an index fund, and invests actively in the ex-20 market, along the same tried and tested investment process of the Bennelong ex-20 Australian Equities Fund – which has outperformed the market by more than 7% over the past six years (after fees, as at 30 October 2015). The Twenty20 Fund's fee is 0.39% (plus a performance fee), which compares favourably with popular index funds and ETFs. For more information about the new Twenty20 Fund click here (VIEW LINK)


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Patrick Poke

What a great idea! Achieving outperformance in the top 20 is a very difficult task, so I've always said it's better to index the top end of the market; once you get outside the top 20 though active management becomes worthwhile. I'm just annoyed at myself for not thinking of it first!

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Tim Clare

Why bother with the Top 20 at all? Just go active the ex-20 market.

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Patrick Poke

Bennelong already has the Bennelong ex-20 Australian Equities fund if that's what you're looking for, but some investors may still want to have exposure to the top end of the market. It might also be appealing to financial advisers as it can reduce their workload - rather than separately recommending 2 funds, they can just recommend 1 which achieves both.

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