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Overview

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Key details

INAV
(As at 4:29PM 22/02/2019)
$2.35
ASX Code {{modelPortfolio.securityID}}
Performance p.a* {{ modelPortfolio.returnInception > 0 ? '+' : '' }} {{ modelPortfolio.returnInception | percentage:1:100:'N/A' }} N/A
Proven Investment Strategy# {{ modelPortfolio.mirrorReturnInception > 0 ? '+' : '' }} {{ modelPortfolio.mirrorReturnInception | percentage:1:100:'N/A' }}
Estimated Income p.a^ {{ modelPortfolio.returnInceptionAnnualised | percentage:1:100:'N/A' }} N/A
Suggested Timeframe {{ modelPortfolio.timeframe }}
Minimum Investment Amount {{ (modelPortfolio.minimumInitialInvestment | currency:$:0) || 'N/A' }}
Standard Risk Measure {{ modelPortfolio.riskRating }}
Download Product Disclosure Statement
Performance

Growth of $10,000

As at {{ modelPortfolio.modelPortfolioPerformancesLastDate }}
{{modelPortfolio.name}}
{{'Average of ' + modelPortfolio.peersCount + ' peer funds^'}}
Figures shown since each respective fund Inception Date; after investment and admin fees excl. brokerage, including franking; dividends re-invested, no withdrawals have been made. Unit Price taken at the end of each month to calculate the figure. The peer comparison figures have been sourced from Morningstar data and is therefore limited to the funds and investment products included in their database. This may not include all funds available for retail investment in Australia. The peer comparison figure shown here is directly sourced from the Intelligent Investor Equity Income Portfolio as the underlying assets for each product are the same. The peer calculation is inclusive of admin and investment fees; excludes brokerage and no withdrawals have been made. InvestSMART cannot determine whether or not franking has been included, nor if dividends have been reinvested. ^ Our funds are compared to peers with the same benchmark as determined by Morningstar.

Performance to {{ modelPortfolio.returnDate | date:'dd MMMM yyyy' }} 1 Month 3 Month 6 Month 1 Year 2 Years p.a 3 Years p.a 4 Years p.a 5 Years p.a SI* p.a
{{ modelPortfolio.name }} {{ modelPortfolio.stats.returns.return1Month | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return3Month | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return6Month | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return1Year | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return2Year | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return3Year | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return4Year | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return5Year | percentage:2:1:'N/A' }} {{ modelPortfolio.returnInception | percentage:2:100:'N/A' }}
Average of {{ modelPortfolio.benchmark.peers.peerCount }} peers funds^ {{ modelPortfolio.benchmark.peers.returns.return1Month | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.peers.returns.return3Month | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.peers.returns.return6Month | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.peers.returns.return1Year | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.peers.returns.return2Year | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.peers.returns.return3Year | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.peers.returns.return4Year | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.peers.returns.return5Year | percentage:2:1:'N/A' }} N/A
Excess to Peers {{ modelPortfolio.stats.returns.return1Month ? modelPortfolio.stats.returns.return1Month - modelPortfolio.benchmark.peers.returns.return1Month : null | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return3Month ? modelPortfolio.stats.returns.return3Month - modelPortfolio.benchmark.peers.returns.return3Month : null | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return6Month ? modelPortfolio.stats.returns.return6Month - modelPortfolio.benchmark.peers.returns.return6Month : null | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return1Year ? modelPortfolio.stats.returns.return1Year - modelPortfolio.benchmark.peers.returns.return1Year : null | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return2Year ? modelPortfolio.stats.returns.return2Year - modelPortfolio.benchmark.peers.returns.return2Year : null | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return3Year ? modelPortfolio.stats.returns.return3Year - modelPortfolio.benchmark.peers.returns.return3Year : null | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return4Year ? modelPortfolio.stats.returns.return4Year - modelPortfolio.benchmark.peers.returns.return4Year : null | percentage:2:1:'N/A' }} {{ modelPortfolio.stats.returns.return5Year ? modelPortfolio.stats.returns.return5Year - modelPortfolio.benchmark.peers.returns.return5Year : null | percentage:2:1:'N/A' }} N/A
{{ modelPortfolio.benchmark.name }} {{ modelPortfolio.benchmark.index.returns.return1Month | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.index.returns.return3Month | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.index.returns.return6Month | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.index.returns.return1Year | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.index.returns.return2Year | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.index.returns.return3Year | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.index.returns.return4Year | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.index.returns.return5Year | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark.index.returns.returnComparativeSI | percentage:2:1:'N/A' }}

Fees {{ modelPortfolio.name }} {{ modelPortfolio.mer | percentage:2:1:'N/A' }} {{ modelPortfolio.benchmark && modelPortfolio.benchmark.peers ? ' & Average of ' + modelPortfolio.benchmark.peers.peerCount + ' peers ' : null }} {{ modelPortfolio.benchmark.peers.mer | percentage:2:1:'' }}

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 or adviser statements to find out the exact fees you are being charged.
Date Buy/Entry Price Sell/Exit Price Distribution
{{ u.date | date:'dd/MM/yy' }} {{ u.entryPrice != null ? (u.entryPrice | currency:$:4) : '' }} {{ u.exitPrice != null ? (u.exitPrice | currency:$:4) : '' }} {{ u.distribution != null ? ((u.distribution / 100) | currency:$:6) : '' }}

There are no unit prices available.

Quarterly Update from the Portfolio Manager

Video: December 2018 Review

(14mins 53 secs)

In his quarterly video update, our Australian Equity Portfolio Manager, Nathan Bell, shares his thoughts on:

  • The investment process

  • US redsidental property market

  • Recent Portfolio additions

Key Facts
Details
Objective {{ modelPortfolio.objective || 'N/A' }}
Style {{ modelPortfolio.style || 'N/A' }}
Risk Rating {{ modelPortfolio.riskRating || 'N/A' }}
Benchmark Index {{ modelPortfolio.benchmark.name || 'N/A' }}
Inception Date {{ (modelPortfolio.inceptionDate | date:'dd MMM yyyy') || 'N/A' }}
Minimum initial investment {{ (modelPortfolio.minimumInitialInvestment | currency:$:0) || 'N/A' }}
Estimated income per annum {{ modelPortfolio.returnInceptionAnnualised != null ? modelPortfolio.returnInceptionAnnualised + '%' : 'N/A' }} (including franking credits)
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Announcement date/time + Headline
{{ u.announcementDateTime | date:'dd/MM/yy' }} {{ u.headline }}

There is no data available.

How much does InvestSMART charge?

Amount Invested

${{ investmentAmount | number:0}}

Investment Fees ({{ investmentFees | number : 2 }}% p.a.)*

${{ totalCost / 12 | number:2 }} per month

* Our Investment Fee (capped at $451p.a.) does not include fees charged within any ETF held in this portfolio, estimated to be approximately {{ modelPortfolio.indirectCostPerAnnum }}% (indirect cost ratio). Brokerage costs are not included in this calculation. For more information about fees and costs, please see the Product Disclosure Statement and Investment Menu.

Allocation

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Top 20 Holdings

Underlying {{ modelPortfolio.strategyID == 2 ? 'ETF ' : '' }}Holdings Exposure
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Date Buy/Entry Price Sell/Exit Price Distribution
{{ u.date | date:'dd/MM/yy' }} {{ u.entryPrice != null ? (u.entryPrice | currency:$:4) : '' }} {{ u.exitPrice != null ? (u.exitPrice | currency:$:4) : '' }} {{ u.distribution != null ? ((u.distribution / 100) | currency:$:6) : '' }}

There are no unit prices available.

How to Invest

Invest now in the InvestSMART Australian Equity Income Fund (Managed Fund) (ASX:INIF)

With an

Online Broker

Purchase units directly with an online
broker using the ASX ticker code.
Find a broker

Through your

Financial Adviser

Need help finding a financial adviser? Visit
ASIC's MoneySmart website.

 

Not Sure?

If you have any questions, please contact
us on 1300 880 160 or email
invest@investsmart.com.au

FAQs

Still deciding if InvestSMART is right for you? These frequently asked questions may help.
View more FAQs

InvestSMART is required to pay out any income plus franking in the financial year it is earned. The Fund is expected to pay two distributions each year – in February for the December half year and in July for June half year. We will advise franking details with each distribution and provide a tax statement at the conclusion of the Financial Year. InvestSMART expects that distributions of income will be 80-100% franked.

Yes. INIF will come on to the market at $2.50. InvestSMART will cover all associated listing costs.

We expect the fund to trade at NAV (Net Asset Value), e.g. if the NAV of the fund is $2.60, we expect to see the bid price at $2.595 and the offer price at $2.605 on the ASX. As the issuer of the fund, InvestSMART will make sure that the ASX prices accurately reflect the NAV.  We will also publish on our website an “indicative” NAV throughout the trading day that will estimate the NAV every 15 seconds.

The distribution will be twice a year after the end of financial year and calendar year. The distribution is made up of all income received by the Fund. This includes dividends paid, interest earned on cash and realised capital gains.

New to investing?
Our mission is to help all Australians grow and protect their wealth.
Learn more about InvestSMART's core investing principles.

Our Philosophy
View our funds
*Return since {{ modelPortfolio.inceptionDate | date:'dd MMM yyyy' }} after investment and admin fees as at {{ modelPortfolio.returnDate | date:'dd MMM yyyy' }}. ^As at 30 June 2018, includes franking. Estimated income based on the Intelligent Investor Equity Income Portfolio as INIF's holdings mirror the PMA product. #The fund mirrors the holdings in the Intelligent Investor Equity Income Portfolio. The iNAV will be the updated movements in the Fund's portfolio stocks by individual stocks that have live market prices during the ASX Trading Day. The iNAV may not reflect the actual price on the ASX AQUA market. Details on how the iNAV is calculated can be found in the PDS. SolActive is the provider of the iNAV.