AB Managed Volatility Equities Fund (Managed Fund)—MVE Class


The AB Managed Volatility Equities Fund (Managed Fund)—MVE Class (“MVE Class”) aims to achieve returns that exceed the S&P/ASX 300 Accumulation Index after fees over the medium to long-term.

Investment Strategy

  • The MVE Class is designed for equity investors seeking lower volatility than is typical for an equity fund, reduced downside risk in falling equity markets, and the potential for long-term capital growth and some income, including franked Australian dividend income.
  • The MVE Class invests mainly in Australian Securities Exchange (ASX)–listed shares, with up to 20% of its assets in global developed-market shares, and has the ability to hold up to 20% in cash, for example as a short-term defensive measure at times of heightened equity market volatility.
  • The MVE Class implements a managed-volatility equities strategy that aims to reduce volatility by identifying, and investing in, high-quality listed equity securities that have reasonable valuations, high-quality cash flows and relatively stable share prices.
  • The MVE Class does not always hedge the foreign currency exposures of its global equity assets to Australian dollars but the investment manager has the discretion to determine the extent to which any foreign currency exposure is increased, reduced or removed. For example, the investment manager may decide not to remove a foreign currency exposure if it believes it offers defensive characteristics that would assist in lowering the volatility of the MVE Class.
  • The MVE Class may also invest in preference shares, rights, convertibles, warrants, securities we reasonably expect to be listed within six months (including initial public offerings), listed trusts and/or other synthetic foreign equity securities.
  • Derivatives may be used to manage risks (including foreign currency risk), invest cash, manage volatility and gain or reduce investment exposures. Derivatives used for purposes other than managing foreign currency exposures will, except in exceptional circumstances, be limited to 10% of the Net Asset Value of the MVE Class. The assets of the MVE Class may be used as security (collateral) for derivatives entered into on behalf of the MVE Class. Derivatives will not be used for leveraging or gearing purposes.

Key Facts

31 MARCH 2014
Cboe Ticker
0.55% p.a.

Link Market Services

Investors in the MVE Class can:

  • Change your contact details
  • Update your bank details
  • Change your DRP election
Go to investor login

Management Team

Roy Maslen
Eric Demoiseau, CFA
Kent Hargis
Sammy Suzuki, CFA
Portfolio Details
Domicile: Australia
Base Currency: Australian Dollars
Subscription / Redemption: Daily

Invest Through Cboe

You can invest in the MVE Class directly via your online broking account. The MVE Class is available through Cboe.

View the Indicative Net Asset Value (iNav)*

Investors should read the Product Disclosure Statement (PDS) and speak to their financial adviser before making a decision.

Invest Directly With the Fund

The MVE Class is also offered on a number of industry leading platforms. By downloading and completing the application form, investors can also buy units directly from AB provided they apply for the minimum investment of A$50,000 in units.

Investors should read the Product Disclosure Statement (PDS) and speak to their financial adviser before making a decision.

Platform Availability

Speak to Your Financial Adviser

Before making a decision to invest, investors should speak with their financial adviser to see if the MVE Class is right for them.