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  5. Macquarie S/RO - Macquarie Geared Growth - Managed fund profile

Macquarie S/RO - Macquarie Geared Growth - Managed Fund (Closed)

Fund Objective
The option provides access to a geared portfolio of Australian shares through borrowing. It aims to outperform a similarly geared investment in the S&P/ASX 200 Accumulation Index over the medium-term (before fees) with a high level of tax-effective capital growth.
Fund Strategy
The first part of Macquarie's investment process focuses on constructing a portfolio to outperform the S&P/ ASX 200 Accumulation Index on a core holding of the option. The option then borrows money to gain exposure to a greater value of shares than would otherwise be possible to significantly enhance returns.

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 -0.91% 6.38% 16.9% 21.71% 10.46% 10.8% 19.07% -0.75%
Growth return -0.91% 6.38% 16.9% 21.71% 10.46% 10.8% 19.07% -0.75%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 31 May 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie S/RO - Macquarie Geared Growth
Australian Equities
1.37%
Cash
98.63%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.52%
Cash
0.83%
International Equities
4.01%
Property
3.24%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
Macquarie S/RO - Macquarie Geared Growth
Closed
Macquarie Investment Management Aus Ltd.
MAQ0258AU
Equity Australia Large Geared
starstarstar (as at 30 Apr 2017)
Superannuation Fund
25 Mar 2002
$7.63 million (as at 31 May 2017)
$2.9815 (as at 31 May 2017)
$2.9815 (as at 31 May 2017)
Finalised
Offer information
Type Description
Standard entry fee 3.50%
Indirect Cost Ratio (ICR) 1.91% (as at 30 Jun 2010)
Minimum initial investment $25,000
Minimum redemption amount $500.00

Top 10 holdings (as at 31 May 2017)

Holding (as at 31 May 2017) Type % of Portfolio
National Australia Bank Ltd Equity 0.09%
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FAQs about the Macquarie S/RO - Macquarie Geared Growth

The objective of the Macquarie S/RO - Macquarie Geared Growth managed fund is The option provides access to a geared portfolio of Australian shares through borrowing. It aims to outperform a similarly geared investment in the S&P/ASX 200 Accumulation Index over the medium-term (before fees) with a high level of tax-effective capital growth.

The strategy of the Macquarie S/RO - Macquarie Geared Growth managed fund is The first part of Macquarie's investment process focuses on constructing a portfolio to outperform the S&P/ ASX 200 Accumulation Index on a core holding of the option. The option then borrows money to gain exposure to a greater value of shares than would otherwise be possible to significantly enhance returns.

The APIR code of the Macquarie S/RO - Macquarie Geared Growth managed fund is MAQ0258AU.

Macquarie S/RO - Macquarie Geared Growth’s total return last month was -0.91%. This was made up of a growth return of -0.91% and an income return of 0%. These returns were calculated as at 31 May 2017.

Macquarie S/RO - Macquarie Geared Growth’s total return for the last three months was 6.38%. This was made up of a growth return of 6.38% and an income return of 0%%. These returns were calculated as at 31 May 2017.

Macquarie S/RO - Macquarie Geared Growth’s one-year total return is 21.71%. This was made up of a growth return of 21.71% and an income return of 0%. These returns were calculated as at 31 May 2017.

Macquarie S/RO - Macquarie Geared Growth’s one-year total return is 10.8%. This was made up of a growth return of 10.8% and an income return of 0%. These returns were calculated as at 31 May 2017.

The asset allocation of the Macquarie S/RO - Macquarie Geared Growth managed fund is :

Australian Equities
1.37%
Cash
98.63%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Macquarie S/RO - Macquarie Geared Growth managed fund is Macquarie Investment Management Aus Ltd..

The Macquarie S/RO - Macquarie Geared Growth managed fund belongs to the Equity Australia Large Geared sector/asset class.

As at 31 May 2017, the size of the Macquarie S/RO - Macquarie Geared Growth managed fund was $7.63 million.

The Macquarie S/RO - Macquarie Geared Growth managed fund has an inception date of 25 Mar 2002.

The current entry price of the Macquarie S/RO - Macquarie Geared Growth managed fund is $2.9815 per unit and the current exit price is $2.9815 per unit (as at 31 May 2017).

The current exit price of the Macquarie S/RO - Macquarie Geared Growth managed fund is $2.9815 per unit and the current entry price is $2.9815 per unit (as at 31 May 2017).

The minimum initial investment amount for the Macquarie S/RO - Macquarie Geared Growth 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.