Prices & Performance

The latest unit prices for the Kaplan Master Trust funds and the Kaplan Pooled Superannuation Trust are listed in the tables below. Units are valued weekly, based on the unit price at close of business each Friday.

Unit prices for the KFM Income Fund are valued daily with the Friday price shown in the table below.

Unit Prices (11/06/21) - weekly valuation at close of business each Friday

FUND	Net Asset Price ($)	Application Price ($)	Redemption Price ($)
Kaplan Equities Fund (w/sale)	1.4727	1.4764	1.4691
Kaplan Charitable Equities Fund (w/sale)	0.6703	0.6720	0.6686
Kaplan Master Income Fund (w/sale)	0.8975	0.8998	0.8953
Kaplan Pooled Super Trust & Accumulation Units (w/sale)	6.1815	6.1969	6.1660
KFM Income Fund (retail)	0.7985	0.8004	0.7965

Unit Prices (31/05/21) - monthly valuation at close of business each month

FUND	Net Asset Price ($)	Application Price ($)	Redemption Price ($)
Kaplan Pooled Super Trust-Pension Units	6.3411	6.3569	6.3252

Application & Redemption Prices include a buy/sell transaction cost spread of 0.25% on application and 0.25% on redemption.

Distributions (half yearly to 31/12/20)

FUND	distributions ($)
Kaplan Equities Fund	0.02550
Kaplan Charitable Equites Fund	0.01000
Kaplan Master Income Fund	0.01107

Distributions (quarterly to 31/03/21)

FUND	distributions ($)
KFM Income Fund	0.002443

Performance¹ (31/05/21)

Wholesale Funds		Inception* %pa	5 yr %pa	3 yr %pa	2 yr %pa	1 yr %pa	FYTD %	Mth %
Kaplan Equities Fund	29/5/98*	8.46	6.87	5.33	0.89	13.71	12.40	0.26
ASX200 Accum. Index	Benchmark	8.70	10.11	9.95	9.38	28.23	24.98	2.34
Relative Performance		-0.24	-3.24	-4.62	-8.50	-14.52	-12.58	-2.09
Fund volatility/risk²		8.0	9.9	12.1	14.1	6.4	6.3
ASX Index volatility/risk²		14.8	14.6	17.6	20.4	10.9	11.4
Kaplan Charitable Equities Fund	31/3/00*	6.08	5.07	3.86	0.35	13.05	10.81	0.18
ASX200 Accum. Index	Benchmark	8.40	10.11	9.95	9.38	28.23	24.98	2.34
Relative Performance		-2.32	-5.04	-6.08	-9.03	-15.18	-14.16	-2.16
Fund volatility/risk²		8.7	10.5	12.8	15.4	4.2	4.3
ASX Index volatility/risk²		13.3	14.6	17.6	20.4	10.9	11.4
Kaplan Pooled Super Trust- Accum. Unit	5/2/99*	8.46	6.20	4.76	1.23	10.70	9.17	0.45
ASX200 Accum. Index	Benchmark	8.52	10.11	9.95	9.38	28.23	24.98	2.34
Relative Performance		-0.06	-3.91	-5.19	-8.15	-17.54	-15.81	-1.89
Fund volatility/risk²		7.0	7.6	9.4	11.0	4.2	4.0
ASX Index volatility/risk²		14.8	14.6	17.6	20.4	10.9	11.4
Kaplan Master Income Fund	29/5/98*	6.11	4.92	4.03	1.19	10.41	8.84	0.75
1 year swap rate	Benchmark	3.95	1.26	0.89	0.40	0.07	0.06	0.005
Relative Performance		2.16	3.67	3.15	0.79	10.34	8.77	0.74
Fund volatility/risk²		6.4	8.3	10.3	12.3	6.1	4.6

Performance^1a (31/05/21)

Retail Fund		Inception* %pa	5 yr %pa	3 yr %pa	2 yr %pa	1 yr %pa	FYTD %	Mth %
KFM Income Fund (formerly Ventura KFM Income Fund)	31/7/07*	5.32	6.01	5.57	3.16	10.49	8.70	0.83
1 year swap rate +2%pa	Benchmark	5.00	3.23	2.85	2.38	2.07	1.90	0.17
Relative Performance		0.32	2.78	2.72	0.78	8.42	6.80	0.66
Fund volatility/risk²		6.4	8.3	10.3	12.3	4.90	4.50

1. Performance measurement is after all fees & expenses and assumes reinvestment of distributions and excludes franking credits. The PST performance is after fees, expenses & tax.

1a. Performance measurement includes franking credits and is after all fees & expenses and assumes reinvestment of distributions.

2. Volatility is the variance of returns and measured in terms of standard deviation. Volatility is a standard measurement of risk. The higher the variance of returns the higher the volatility and risk.

Neither Kaplan nor any of its directors or employees or associates, guarantee the performance of the Funds, the repayment of capital or any particular rate of return. Any performance figures quoted on this website is past performance which is not an indicator of future performance.

Unit Holder Online

Latest Trust Prices

Prices as at 11/06/21
Unit Prices Updated Weekly

Fund	Application Price ($)	Redemption Price ($)
Kaplan Equities Fund	1.4764	1.4691
Kaplan Charitable Equities Fund	0.6720	0.6686
Kaplan Master Income Fund	0.8998	0.8953
Kaplan Pooled Super Trust - Accumulation Units	6.1969	6.1660
KFM Income Fund (retail)	0.8004	0.7965

Prices as at 31/05/21
Unit Prices Updated Monthly

Fund	Application Price ($)	Redemption Price ($)
Kaplan Pooled Super Trust-Pension Units	6.3569	6.3252

Full Price Information

Latest Bulletins

Master Trust 2020 annual tax statements will be available by the 14th October
The Ventura KFM Income Fund (retail fund) has been renamed the KFM Income Fund. Retail investors can access Kaplan’s income capabilities through this fund. Note: the Kaplan Master Income Fund is for wholesale investors.
Master Trust Distribution rates (cents per unit) for the six month period to 31 December 2020 are:

2.5500 cents Equities Fund
1.0000 cents Charitable Equities Fund
1.1070 cents Master Income Fund
Master Trust distributions for the six month period to 31 December 2020 are scheduled to be paid on Tuesday 19th January 2021.
An amendment to the Trust Deed for the Kaplan Master Trust is being made to allow for eligible funds to apply the tax law applying to attribution managed investment trusts (AMIT). This law is currently applicable to the Equities Fund.
2020 Financial Reports for the Kaplan Master Trust funds and Kaplan Pooled Superannuation Trust are available under Investment Reports.
2019 Annual Investor Report for the Kaplan Pooled Superannuation Trust is available under Investment Reports
The Kaplan Pooled Super Trust (PST) now offers investors a tax exempt “Pension Unit”. A letter introducing this new unit will be mailed to unitholders shortly together with an updated PDS and application form. The new PST PDS and application form is also available on our website.
The unit registry requires investors to register first before they can "login" for online investor information. If you have not previously registered, simply click "register here" at the bottom of the Investor Login web page and follow the prompts for registration.