Pinnacle Investment Management SAVE ETF (ASX:SAVE)

The SAVE ETF is issued by Pinnacle and managed by Omega Global Investors and is designed to achieve a 4% annual return by investing in a variety of income-generating securities, such as shares, fixed income and currency exposures. We categorise it as a multi-asset fund.

SAVE share price & data

Ticker code: SAVE
Yearly fee (MER): 0.65%
FUM: $5.09 million
Monthly spread: 1.23%
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
Range: 1 mth | 3 mths | 6 mths | 1 yr | 2 yrs | 5 yrs | 10 yrs

Prices updated using end of day data. Capital return only. FUM, fee and spread data updated monthly. Last updated: July 2020.

What does the SAVE invest in?

SAVE has various constraints or maximums which guide what it can invest in and how much to include. Overall, SAVE is exposed to multiple asset classes, including shares (local and global), fixed income (bonds and government securities) and cash. Typically, SAVE holds between 80 and 300 shares (40% – 80% of the portfolio), at least 10 investment-grade bonds and less than 10% cash.

What do investors use SAVE for?

As an active ETF, SAVE is marketed as a fund for countering the negative effects of low interest rates and takes less risk than the stock market overall (as measured by Beta). It aims to ‘smooth’ the returns of investors in this way. Please note, we categorise this active ETF as a multi-asset fund given its active approach to allocations, and its fees and costs.

SAVE dividend information

Fund Issuer

Pinnacle Investment Management is a Sydney-based investment firm which partners with small and boutique fund managers to help them grow their funds under management (FUM) through its established marketing and distribution network.

Best ETFs warnings

The following warnings are applied by our team, based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.

When an ETF does not have a sufficiently long track record — typically, we consider this to be at least 3 years — the ETF is could be at a higher risk of being closed down (if it doesn’t grow), and the historical performance and returns (if any) cannot be relied upon.

Tax Domicile

When a fund/ETF has a “domicile” of Australia it means it is a registered fund in Australia for tax purposes.

Registry

Automic is a technology-focused share registry in Australia that has been around since 2011.

Sector Information

The Best ETFs Australia multi-asset sector represents managed funds and ETFs which invest across and within various asset classes, including Australian shares, International shares and Fixed interest & bonds.

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Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).

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