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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 May 2010)

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 -0.36 0.82 4.05 13.13 1.98 2.05 3.67 -
Growth return -0.36 0.82 4.05 11.55 -0.7 -1.89 -1.03 -
Income return 0 0 0 1.58 2.68 3.94 4.7 -

Market index (BBgBarc Global Aggregate TR Hdg AUD)

Total return 0.37 0.82 0.14 1.47 2.07 3.39 4.66 6.89

Asset Allocation (31 May 2010)

Australian Equities 0%
International Equities 0%
Cash 58.56%
Property 0%
Fixed Interest 41.44%
Alternatives 0%
Asset Allocation

General Information

Aberdeen Income
Aberdeen Asset Management Ltd
Diversified Credit
starstarstar (as at 31 May 2010)
Investment Fund
1 Jul 2004
$35.91 million (as at 30 Apr 2010)
$0.9672 (as at 17 Jun 2010)
$0.9628 (as at 17 Jun 2010)

Objectives and Strategy

The investment objective of the Fund is to outperform the benchmark, the UBS Australian Bank Bill Index, before fees, when measured over rolling twelve month periods.
To provide a reasonable level of income with the prospect of rising income and capital growth. The investment policy is to invest primarily in UK Equity Securities, but the Fund may also invest in companies overseas, in companies quoted on the Alternative Investment Market and in higher yielding equities, convertibles, preference shares and fixed interest stocks. The Fund may also invest in money market instruments, deposits and units in collective investment schemes.

Offer information

Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2009)
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

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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