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  5. Addwealth Achiever Fund - Managed fund profile

Addwealth Achiever Fund - Managed Fund (Closed)

Fund Objective
To provide a core exposure to Australia shares, with 80% invested in the top 300, and 20% actively invested in small companies
Fund Strategy
Primary Securities Limited assumed Responsible Entity status for the Addwealth Achiever Fund in October 2012. The Australian Securities & Investments Commission on 15 March 2013 cancelled the Australian Financial Services License of Addwealth Financial Services Pty Ltd through which the Addwealth Achiever fund was offered.

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 -0.73% -4.87% -13.51% -11.36% -0.47% 8.49% 1.32% -%
Growth return -0.73% -4.87% -18.05% -16.1% -6.81% 3.24% -5.27% -%
Income return 0% 0% 4.54% 4.74% 6.34% 5.25% 6.59% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.9% 5.39% 7.14% 12.12% 12.75% 11.38% 8.95% 8.08%
As at 30 Nov 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Addwealth Achiever Fund
Australian Equities
24.72%
Cash
16.19%
Property & Infrastructure
14.12%
Fixed Interest
14.49%
Alternatives
30.48%
International Equities
0%
Average Allocation of Peers
Australian Equities
27.27%
Cash
6.11%
Property & Infrastructure
6.35%
Fixed Interest
21.01%
Alternatives
4.02%
International Equities
35.24%

General Information

Fund Details
Type Description
Addwealth Achiever Fund
Closed
Primary Securities Ltd
TAM0001AU
Multisector Growth
starstarstarstarstar (as at 28 Feb 2011)
Investment Fund
15 Aug 2001
$68.7 million (as at 30 Nov 2011)
$0.7804 (as at 30 Nov 2011)
$0.7758 (as at 30 Nov 2011)
Suppressed
Offer information
Type Description
MER 0.92% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.20% (as at 30 Jun 2009)
Minimum initial investment $5,000.00

FAQs about the Addwealth Achiever Fund

The objective of the Addwealth Achiever Fund managed fund is To provide a core exposure to Australia shares, with 80% invested in the top 300, and 20% actively invested in small companies

The strategy of the Addwealth Achiever Fund managed fund is Primary Securities Limited assumed Responsible Entity status for the Addwealth Achiever Fund in October 2012. The Australian Securities & Investments Commission on 15 March 2013 cancelled the Australian Financial Services License of Addwealth Financial Services Pty Ltd through which the Addwealth Achiever fund was offered.

The APIR code of the Addwealth Achiever Fund managed fund is TAM0001AU.

Addwealth Achiever Fund’s total return last month was -0.73%. This was made up of a growth return of -0.73% and an income return of 0%. These returns were calculated as at 30 Nov 2011.

Addwealth Achiever Fund’s total return for the last three months was -4.87%. This was made up of a growth return of -4.87% and an income return of 0%%. These returns were calculated as at 30 Nov 2011.

Addwealth Achiever Fund’s one-year total return is -11.36%. This was made up of a growth return of -16.1% and an income return of 4.74%. These returns were calculated as at 30 Nov 2011.

Addwealth Achiever Fund’s one-year total return is 8.49%. This was made up of a growth return of 3.24% and an income return of 5.25%. These returns were calculated as at 30 Nov 2011.

The asset allocation of the Addwealth Achiever Fund managed fund is :

Australian Equities
24.72%
Cash
16.19%
Property & Infrastructure
14.12%
Fixed Interest
14.49%
Alternatives
30.48%
International Equities
0%

The Responsible Entity for the Addwealth Achiever Fund managed fund is Primary Securities Ltd.

The Addwealth Achiever Fund managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Nov 2011, the size of the Addwealth Achiever Fund managed fund was $68.7 million.

The Addwealth Achiever Fund managed fund has an inception date of 15 Aug 2001.

The current entry price of the Addwealth Achiever Fund managed fund is $0.7804 per unit and the current exit price is $0.7758 per unit (as at 30 Nov 2011).

The current exit price of the Addwealth Achiever Fund managed fund is $0.7758 per unit and the current entry price is $0.7804 per unit (as at 30 Nov 2011).

The minimum initial investment amount for the Addwealth Achiever Fund managed fund is $5,000.

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.