Primary Investment Board
- Class V

Primary Investment Board enables retail investors to invest into wholesale funds that are normally not available to them because they have smaller investment amounts or the investors are not classified as “wholesale clients”.
Class V invests only into the Frame Long Short Australian Equity Fund.
1%
12m rolling returns
$1
Unit price as at 31 July 2021
OPEN
Current status
About This Fund

Primary Investment Board enables retail investors to invest into wholesale funds that are normally not available to them because they have smaller investment amounts or the investors are not classified as “wholesale clients”.

Class V invests only into the Frame Long Short Australian Equity Fund.

The Frame Long Short Australian Equity Fund was established in 2020. The team currently includes Hue Frame as Portfolio Manager and Harry Heaney as Research Analyst.

The Fund invests in Australian listed equities, long or short, that are generally chosen from the S&P/ASX 200 Index.

The Fund may also invest in exchange-traded derivatives to manage risk and cash or cash equivalents.

Typically the fund holds between 20 – 40 investments.

Investment Objective

The objective is to provide investors, indirectly with income and capital growth over the long term by investing in Australian listed equities, exchange-traded derivatives, and cash assets (via the Frame Long Short Australian Equity Fund).

Investment Universe

  • Australian listed equities
  • Exchange-traded derivatives to manage risk
  • Cash or cash equivalents

Risk Parameters

  • 200% gross exposure

Trustee & Administrator

The Administration and Trustee roles of the fund are completed by Primary Securities Ltd (ABN 96 089 812 635, AFSL No 224 107). To apply for units in the Frame Long Short Australian Equity Fund, you can complete the application process online via the Primary Securities website (www.primarysecurities.com.au).

Key Information for Investors

  • Retail & Wholesale Investors
  • Registered managed investment scheme
  • Base currency Australian Dollars (AUD)
  • Monthly unit pricing
  • Minimum investment $10,000
  • Additional investment $5,000
  • Liquidity monthly

Investment Manager

Frame Funds Management Pty Ltd ACN 608 862 442 is the Investment Manager of the Fund and is a Corporate Authorised Representative (No. 123 9068) of the Trustee.

The Investment Manager’s policy is to ensure that its interests as your investment manager are aligned with your interests. Its internal policy is that its Directors should be significant investors in the Fund.

This ensures that interests of the Directors of the Investment Manager and their related and controlled entities are aligned with investors interests.

Further information

  •  Systematic (75% weighting) and discretionary (25% weighting) portfolios
  •  Systematic portfolio consists of 20 investments from the S&P ASX 200 universe selected on momentum performance indicators

Or phone us on (02) 8668 4877

Fund Performance

The figures below show our fund returns as at 31 August 2021 (after fees before tax).

Fund Chart 1 month 3 month 6 month 1 year FYTD CYTD
Frame Long Short Australian Equity Fund -1.55% +4.00% +6.16% +11.23% +0.48% +11.93%

Past performance is not a reliable indicator of future performance. All figures are calculated after fees and before any applicable tax.

Investment Team

Hue Frame

BCOM

Managing Director, Portfolio Manager

Hue Frame holds a B.Com, from the University of Canterbury, having majored in management and is qualified to provide advice on Derivatives, deposit products, managed investment schemes, and Australian equities.

Hue has over 10 years of finance and investment management experience working for Westpac Banking Corporation as a risk analyst between 2006 and 2008 and at Atlantic Pacific Securities as Portfolio Manager between 2010 and 2015. He has been a Portfolio Manager for over 10 years, and specialises in global economic positioning, risk management, and momentum-based trading opportunities.

Harry Heaney

BActSt BAppFin

Research Analyst

Harry Heaney is a Research Analyst at Frame Funds Management. Harry joined Frame Funds in May 2020. He holds a Bachelors of Actuarial Studies and a Bachelors of Applied Finance at Macquarie University. Harry is currently undertaking the Associate program with the Actuaries Institute of Australia.

Resources

Click on the links below to view more information about this Fund.

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