Alvia Family Office Fund
The Alvia Family Office Fund (‘Fund’) (formerly known as the Alvia High Conviction Fund) was developed to provide the core principles of long-term intergenerational family office investing in one simple investment solution. The Fund provides wholesale investors with exposure to a portfolio of the investment team’s highest conviction ideas across all asset classes, sectors and geographies, encompassing listed securities and private companies typically reserved for institutional or ultra-HNW investors. The Manager’s capital preservation-first approach extends to this product with a sole focus on achieving sustainable, long-term absolute returns, rather than returns relative to an arbitrary benchmark.
Key features
- Multi-asset class exposure encompassing both listed securities and private markets
- High risk/return profile
- Benchmark agnostic
- Annual distributions
| Additional Application Form | Apply to invest additional funds in the Alvia Family Office Fund |
| Authorised Representative Form | Appoint an authorised representative for your account |
| Change of Details Form | Change your personal account details |
| Regular Savings Plan Form | Set up a regular savings plan |
| Regular Savings Plan Variation Form | To modify or cancel a regular savings plan |
| Tax File Number Notification Form | Notify us of your TFN |
| Transfer Form | Transfer funds |
| Withdrawal Form | Withdrawal Form |
Alvia Asset Partners
Alvia Asset Partners is a Brisbane-based investment manager for high net-worth families and individuals. Originally founded in 2015, Alvia has since evolved to become a truly independent asset partner for its clients.
Alvia’s investment philosophy focuses on the principles of capital preservation and sustainable, long-term absolute return investing and is impartial to asset classes, sectors, geographies and benchmarks. Alvia simply invests in the best opportunities for its clients.
Alvia’s service offering is flexible so that it can be tailored to the needs and goals of our clients. Alvia can offer a complete bespoke, individually focused investment management and advisory solution including access to Alvia’s exclusive private asset investment opportunities or the Alvia High Conviction Fund.
Fund Facts
| Inception date | 06/08/2020 (Wholesale units) 15/09/2023 (Institutional units) |
| APIR code | DDH2895AU (Wholesale units) DDH9793AU (Institutional units) |
| Structure | The Fund is an open-ended, dual class, unregistered managed investment scheme structured as a unitised trust, for wholesale/sophisticated/professional investors only. |
| Trustee | DDH Graham Limited |
| Investment manager | Alvia Asset Partners Pty Ltd |
| Fund administrator | DDH Graham Limited |
| Investment objective | To deliver sustainable, long-term risk-adjusted returns with a focus on absolute returns and capital preservation. |
| Investment strategy | The Fund provides investors with access to a concentrated portfolio of the Manager’s highest conviction ideas, utilising quantitative screening, detailed analysis, scoring, target weighting and portfolio rebalancing. |
| Risk/return profile | High |
| Suggested minimum time horizon | Greater than 5 years |
| Investment Requirements | |
| Minimum initial investment | $250,000 (Wholesale units) $1,000,000 (Institutional units) |
| Minimum additional investment | Wholesale & Institutional units: $20,000 (lump sum) or $5,000 (regular savings plan) |
| Regular saving plan | Yes |
| Unit Prices | |
| Frequency | The last business day of each week, and the final business day of each month. |
| Distributions | |
| Income distribution frequency | Annual |
| Payment options | Direct credit or reinvestment |
| Fees & Costs | |
| Establishment fee | Nil |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Termination fee | Nil |
| Management costs | Exclusive of GST, per annum of the Fund’s gross asset value: 0.85% (Wholesale units) 0.70% (Institutional units) |
| Performance fee | Wholesale & Institutional units: 15% (exclusive of GST) for performance above the Benchmark (8.00%) and subject to the high-water mark |
| Buy/sell spreads | Wholesale & Institutional units: +0.30% / -0.30% |
This is a summary of the key features of the Alvia Family Office Fund – Wholesale. Please refer to the Information Memorandum before making a decision about this product.
Unit Prices
Unit prices are usually calculated daily to reflect changes in accumulated income and market values. Each Fund’s assets are revalued in accordance with its constitution. The prices shown above may differ from the actual unit price if you were applying for or redeeming an investment. Your actual unit price will be confirmed following any transactions on your investments.
For more information on unit pricing, please refer to Our Policies.
Fund Performance
The above performance figures are net of ongoing fees and expenses and assume all income has been reinvested. They represent past performance and are not indicative of future returns. Prospective investors should not make an investment decision based on the Fund’s previous performance.
Additional fund information is available from: www.alviapartners.com.au
*Inception Date of the Alvia Family Office Fund – Wholesale Class is 06/08/2020.
*Inception Date of the Alvia Family Office Fund – Institutional Class is 15/09/2023.
Distributions
The Fund will pay distributions annually, where income is available for distribution. We may also, in consultation with the Manager, pay a half-year distribution if it is considered in the best interests of investors and the Fund has sufficient funds available for distribution.
Any cash distributions will be paid by electronic funds transfer into your nominated financial institution account and, where a distribution is paid, this will typically occur within 20 Business Days after the last day of the distribution period (being 30 June for annual distributions) by direct debit to your nominated account.
The Manager’s investment strategy is focused first and foremost on capital preservation and generating attractive risk-adjusted returns over the long term. The tax treatment of the Fund’s investments may reduce the ability to pay distributions. It should also be noted that a number of the investments in overseas markets may have low payout / dividend ratios which will also reduce the Fund’s ability to pay distributions.
Distributions are the profit earned by the fund which is then paid to investors. Distributions are expressed as cents per unit, for example, if a distribution of 3 cents was paid and you hold 1000 units you will be paid a distribution of $30 (1000 x $0.03). Distributions can include different types of income including dividends, interest and realised capital gains.
The unit price of the Fund will fall by a corresponding amount when distribution is paid.
To view the latest distributions for the DDH Managed Funds please click here.
Distribution tax components
To view the distribution component information for funds managed by DDH Graham Limited, please click here.
Please note that these distribution tax components provide general information only and do not take into account your individual taxation or financial objectives, situation or needs. You should not rely on this information for the purposes of completing your income tax returns.