LSC Australian Resources Hi - Alpha
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Fund performance (31 May 2013) NOTE : returns for periods greater than 1 year are annualised
Morningstar index (Mstar PG ITr Equity Aus Other Idx)
Market index (S&P/ASX 200 TR AUD)
Asset allocation (31 May 2013)
|Domestic Fixed Interest||0%|
|International Fixed Interest||0%|
Objectives and Strategy
|LSC Australian Resources Hi-Alpha Fund is designed for investors seeking exposure to Australian resources (minerals and oil and gas) excluding investment in BHP Billiton and Rio Tinto.|
|The Fund invests in a portfolio of securities of Australian resource companies (ex BHP Billiton and Rio Tinto) and related sectors that are influenced by resource companies and mineral commodities. Significant cash positions may occur from time to time, depending on the assessed market outlook.|
Be rewarded for investing!
Recently, the federal government introduced a package of reforms known as the Future of Financial Advice - FoFA for short. Among other things, the package bans trailing fees and other commissions for new investments in retail investment products from 1 July 2013. That's good news for investors!
Unfortunately, the reforms don't cover existing investments - so even after 1 July 2013, you could find yourself paying hidden commissions on managed funds. That means TrailCap can still save you money.
|Indirect Cost Ratio (ICR)||1.54% (as at 30 Jun 2009)|
|Minimum initial investment||$25,000|
The data is provided by Morningstar. For further information on managed funds, including Research Reports, please visit www.morningstar.com.au
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Further managed funds data is provided by Standard & Poor's Information Services and is subject to the following disclaimers.
* Dates for historical returns vary from fund to fund