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  5. LSC Australian Resources High - Alpha - Managed fund profile

LSC Australian Resources High - Alpha - Managed Fund (Closed)

Fund Objective
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.
Fund Strategy
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.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -8.97% -28.93% -38.95% -40.98% -36.9% -9.64% -% -%
Growth return -8.97% -28.93% -38.95% -40.98% -39.56% -14.4% -% -%
Income return 0% 0% 0% 0% 2.66% 4.76% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 31 May 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

LSC Australian Resources High - Alpha
Australian Equities
99.02%
Cash
0.98%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.72%
Cash
-0.78%
International Equities
4.82%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
LSC Australian Resources High - Alpha
Closed
Equity Trustees Ltd
ETL0163AU
Equity Australia Other
Not Rated
Investment Fund
30 Jun 2008
$1.62 million (as at 31 May 2013)
$0.4311 (as at 24 Jun 2013)
$0.4285 (as at 24 Jun 2013)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.54% (as at 30 Jun 2009)
Minimum initial investment $25,000

FAQs about the LSC Australian Resources High - Alpha

The objective of the LSC Australian Resources High - Alpha managed fund is 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 strategy of the LSC Australian Resources High - Alpha managed fund is 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.

The APIR code of the LSC Australian Resources High - Alpha managed fund is ETL0163AU.

LSC Australian Resources High - Alpha’s total return last month was -8.97%. This was made up of a growth return of -8.97% and an income return of 0%. These returns were calculated as at 31 May 2013.

LSC Australian Resources High - Alpha’s total return for the last three months was -28.93%. This was made up of a growth return of -28.93% and an income return of 0%%. These returns were calculated as at 31 May 2013.

LSC Australian Resources High - Alpha’s one-year total return is -40.98%. This was made up of a growth return of -40.98% and an income return of 0%. These returns were calculated as at 31 May 2013.

LSC Australian Resources High - Alpha’s one-year total return is -9.64%. This was made up of a growth return of -14.4% and an income return of 4.76%. These returns were calculated as at 31 May 2013.

The asset allocation of the LSC Australian Resources High - Alpha managed fund is :

Australian Equities
99.02%
Cash
0.98%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the LSC Australian Resources High - Alpha managed fund is Equity Trustees Ltd.

The LSC Australian Resources High - Alpha managed fund belongs to the Equity Australia Other sector/asset class.

As at 31 May 2013, the size of the LSC Australian Resources High - Alpha managed fund was $1.62 million.

The LSC Australian Resources High - Alpha managed fund has an inception date of 30 Jun 2008.

The current entry price of the LSC Australian Resources High - Alpha managed fund is $0.4311 per unit and the current exit price is $0.4285 per unit (as at 24 Jun 2013).

The current exit price of the LSC Australian Resources High - Alpha managed fund is $0.4285 per unit and the current entry price is $0.4311 per unit (as at 24 Jun 2013).

The minimum initial investment amount for the LSC Australian Resources High - Alpha managed fund is $25,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.