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Fund Performance Comparison

This fund is benchmarked against the {{ }} index.

This fund's fees are: {{ mer | percentage:2 }}

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

{{ }} Average
Benchmark* Peers Fees InvestSMART's Fees
{{ fund.fees | percentage:2 }} N/A {{ fund.benchmark.peers.mer | percentage:2 }} {{ fund.model.mer | percentage:2 }}

* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 Oct 2015)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 7.33 -0.26 0.22 12.8 11.53 5.41 2.9 -
Growth return -2.8 -0.1 -28.43 -15.85 1.4 -2.47 -19.95 -
Income return 10.13 -0.16 28.65 28.65 10.13 7.88 22.85 -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.16 0.5 0.93 1.79 1.79 1.93 2.2 3.26

Asset Allocation (31 Oct 2015)

Australian Equities 64.36%
International Equities 8.84%
Cash 26.80%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

90 West Global Basic Materials (Wholesale)
90 West Asset Management Limited
Alternative Strategies
starstar (as at 31 Mar 2015)
Investment Fund
1 Jul 2008
$0.61079 (as at 9 Dec 2015)
$0.60775 (as at 9 Dec 2015)

Objectives and Strategy

The objective of the Fund is to provide a superior absolute return to investors via investments in or relating to the Global Basic Materials Sector. The Fund will have the ability to be long, short, gear and trade derivatives.
The definition of the 'Global Basic Materials Sector' is a broad term. For the purposes of this Fund it includes all companies that are involved in the exploration, production, refining and servicing of raw materials. Raw materials encompass energy, bulk commodities, all metals, agriculture and forestry.

Offer information

Minimum initial investment $100,000
Minimum additional investments $100,000

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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