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  5. Access Challenger Howard Mortgage - Managed fund profile

Access Challenger Howard Mortgage - Managed Fund (Closed)

Fund Objective
Aims to provide investors with regular income, capital stability and prompt and convenient access to their funds.
Fund Strategy
To invest in a combination of commercial mortgage loans and short-term investments.

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 0.15% 1.69% -7.86% -7.96% -4.15% -2.01% 0.15% -%
Growth return 0.15% -19.57% -27.25% -58.22% -56.12% -42.25% -28.07% -%
Income return 0% 21.26% 19.39% 50.26% 51.97% 40.24% 28.22% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.09% 2.15% 4.19% 3.11% 2.08% -% 1.82%
As at 31 Oct 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Access Challenger Howard Mortgage
Cash
48.82%
Fixed Interest
51.18%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
26.71%
Fixed Interest
72.73%
Australian Equities
0.49%
International Equities
0.05%
Alternatives
0.02%

General Information

Fund Details
Type Description
Access Challenger Howard Mortgage
Closed
Navigator Australia Limited
NUN0015AU
Mortgages
starstar (as at 31 Jan 2011)
Investment Fund
1 Aug 2005
$0.41 million (as at 31 Oct 2014)
$0.1929 (as at 21 Nov 2014)
$0.1929 (as at 21 Nov 2014)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 2% (as at 30 Jun 2014)
Minimum initial investment $3,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $500.00

FAQs about the Access Challenger Howard Mortgage

The objective of the Access Challenger Howard Mortgage managed fund is Aims to provide investors with regular income, capital stability and prompt and convenient access to their funds.

The strategy of the Access Challenger Howard Mortgage managed fund is To invest in a combination of commercial mortgage loans and short-term investments.

The APIR code of the Access Challenger Howard Mortgage managed fund is NUN0015AU.

Access Challenger Howard Mortgage’s total return last month was 0.15%. This was made up of a growth return of 0.15% and an income return of 0%. These returns were calculated as at 31 Oct 2014.

Access Challenger Howard Mortgage’s total return for the last three months was 1.69%. This was made up of a growth return of -19.57% and an income return of 21.26%%. These returns were calculated as at 31 Oct 2014.

Access Challenger Howard Mortgage’s one-year total return is -7.96%. This was made up of a growth return of -58.22% and an income return of 50.26%. These returns were calculated as at 31 Oct 2014.

Access Challenger Howard Mortgage’s one-year total return is -2.01%. This was made up of a growth return of -42.25% and an income return of 40.24%. These returns were calculated as at 31 Oct 2014.

The asset allocation of the Access Challenger Howard Mortgage managed fund is :

Cash
48.82%
Fixed Interest
51.18%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Access Challenger Howard Mortgage managed fund is Navigator Australia Limited.

The Access Challenger Howard Mortgage managed fund belongs to the Mortgages sector/asset class.

As at 31 Oct 2014, the size of the Access Challenger Howard Mortgage managed fund was $0.41 million.

The Access Challenger Howard Mortgage managed fund has an inception date of 1 Aug 2005.

The current entry price of the Access Challenger Howard Mortgage managed fund is $0.1929 per unit and the current exit price is $0.1929 per unit (as at 21 Nov 2014).

The current exit price of the Access Challenger Howard Mortgage managed fund is $0.1929 per unit and the current entry price is $0.1929 per unit (as at 21 Nov 2014).

The minimum initial investment amount for the Access Challenger Howard Mortgage managed fund is $3,000. Minimum additional investment is $1000.

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.