Barwon Global Listed PE Fund AF (Access Fund) – Overview

Launched in June 2020 the Barwon Global Listed Private Equity Fund AF provides access to the highly successfully strategy run by the Barwon investment team since 2007.

This strategy provides wholesale investors with a high performing portfolio of private equity investments in a fee efficient manner whilst offering daily liquidity.

The fund invests in publicly-traded investment companies that invest in the equity and debt of private companies including buyouts, growth capital, and venture capital. The fund also invests in private equity-backed listed companies.

The fund typically invests in a portfolio of 20 to 25 securities at any one time, seeking the best opportunities from the investment universe while providing diversification across geographies, deal stages and vintages.

The Fund’s PDS and TMD is available through the below button.

This is general information only and is not intended to provide you with financial advice and has been prepared without taking into account your objectives, financial situation or needs.

Perpetual, ABN 99 000 341 533 , AFSL 392673 is the Responsible Entity and issuer of units in the Fund. Prior to making a decision about whether to acquire, hold or dispose of units in the Fund you should consider the Product Disclosure Statement (PDS) and target market determination (TMD) for the Fund to see if it is right for you.

This Fund is appropriate for investors with “High” risk and return profiles. A suitable investor for this Fund is prepared to accept high risk in the pursuit of capital growth with a medium to long investment timeframe. Investors should refer to the Target Market Determination (TMD) for further information.

Fund Facts

Fund Type Open-ended
Inception date 4 June 2020 (BGLPEF inception date 1 June 2007)
Investors Access via platforms or IDPS products. Direct applicants who qualify as wholesale investors as defined under Section 761G of the Corporations Act
Recommended investment timeframe Minimum 5 years
Borrowing The Fund will not borrow
Currency Foreign currency exposure hedged back to Australian dollars
Average no of stocks Typically 20-25; on a look-through basis, underlying company exposures will be 100+
Minimum investment & withdrawal amounts* $25,000 initial investment, $10,000 additional investment, $10,000 withdrawal
Unit valuation Daily
Applications & Withdrawals Daily
Distributions Annual
Management Fee 0.87% incl GST, net of RITC
Performance Fee 15.38% of return above an IRR hurdle of 12% on a rolling two- and half-year basis, incl GST, net of RITC
Buy / sell spread 0.30% / 0.30%
Establishment fee None
Withdrawal fee None
Benchmark The Fund is not managed on a ‘benchmark aware’ basis and there is no tracking error constraint
Responsible Entity The Trust Company (RE Services)
Custodian & Administrator Mainstream Fund Services
APIR Code PIM 7967AU
ISIN Code AU60PIM79676
ARSN Code 640 473 785

* these amounts may be varied if investment is made via a platform.

Following recent amendments to the Corporations Act ; where you have provided us with your email address, we will now send notices of meetings, other meeting-related documents and annual financial reports (each a “Communication”) to you electronically unless you elect to receive these in physical form and notify us of this election..

You have the right to elect whether to receive some or all of these Communications in electronic or physical form and the right to elect not to receive annual financial reports at all. You also have the right to elect to receive a single specified Communication on an ad hoc basis, in an electronic or physical form..

The Zenith Investment Partners (ABN 27 103 132 672, AFS License 226872) (“Zenith”) rating (assigned February 2023) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer documents before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charger the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at investment-research/fund-research-regulatory-guidelines/.

The rating issued September 2022 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance is not an indicator of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit for ratings information and to access the full report. © 2021 Lonsec. All rights reserved..

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