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  5. Advance AP - International Sharemarket NEF - Managed fund profile

Advance AP - International Sharemarket NEF - Managed Fund (Closed)

Fund Objective
To provide long term capital growth and international diversification. The Manager aims to provide investors with a total return, before earnings tax, that outperforms the MSCI World Accumulation Index in Australian dollars, over periods of five years or longer. Suggested investment period is 5 years plus.
Fund Strategy
Invests in a wide range of shares and securities. The portfolio's overseas currency exposure is managed, but will normally be unhedged. Portfolio manager is Morgan Stanley Dean Witter Investment Management limited.

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 -3.61% 2.75% 5.41% 20.08% 9.69% 10.77% -% -%
Growth return -3.61% 2.75% 5.41% 20.08% 9.69% 10.77% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.02% 14.06% 20.11% 28.72% 15.87% 14.43% -% 13.43%
As at 30 Nov 2000. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance AP - International Sharemarket NEF
International Equities
97.99%
Cash
2.01%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
92.31%
Cash
3.56%
Australian Equities
2.34%
Property
1.76%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
Advance AP - International Sharemarket NEF
Closed
Advance Asset Management Limited
ADV0016AU
Equity World Other
Not Rated
Allocated Pension
1 Nov 1997
$0.32 million (as at 30 Nov 2000)
n/a
$1.3389 (as at 18 Dec 2000)
Finalised
Offer information
Type Description
Minimum initial investment $20,000

FAQs about the Advance AP - International Sharemarket NEF

The objective of the Advance AP - International Sharemarket NEF managed fund is To provide long term capital growth and international diversification. The Manager aims to provide investors with a total return, before earnings tax, that outperforms the MSCI World Accumulation Index in Australian dollars, over periods of five years or longer. Suggested investment period is 5 years plus.

The strategy of the Advance AP - International Sharemarket NEF managed fund is Invests in a wide range of shares and securities. The portfolio's overseas currency exposure is managed, but will normally be unhedged. Portfolio manager is Morgan Stanley Dean Witter Investment Management limited.

The APIR code of the Advance AP - International Sharemarket NEF managed fund is ADV0016AU.

Advance AP - International Sharemarket NEF’s total return last month was -3.61%. This was made up of a growth return of -3.61% and an income return of 0%. These returns were calculated as at 30 Nov 2000.

Advance AP - International Sharemarket NEF’s total return for the last three months was 2.75%. This was made up of a growth return of 2.75% and an income return of 0%%. These returns were calculated as at 30 Nov 2000.

Advance AP - International Sharemarket NEF’s one-year total return is 20.08%. This was made up of a growth return of 20.08% and an income return of 0%. These returns were calculated as at 30 Nov 2000.

Advance AP - International Sharemarket NEF’s one-year total return is 10.77%. This was made up of a growth return of 10.77% and an income return of 0%. These returns were calculated as at 30 Nov 2000.

The asset allocation of the Advance AP - International Sharemarket NEF managed fund is :

International Equities
97.99%
Cash
2.01%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Advance AP - International Sharemarket NEF managed fund is Advance Asset Management Limited.

The Advance AP - International Sharemarket NEF managed fund belongs to the Equity World Other sector/asset class.

As at 30 Nov 2000, the size of the Advance AP - International Sharemarket NEF managed fund was $0.32 million.

The Advance AP - International Sharemarket NEF managed fund has an inception date of 1 Nov 1997.

The current entry price of the Advance AP - International Sharemarket NEF managed fund is $ per unit and the current exit price is $1.3389 per unit (as at 18 Dec 2000).

The current exit price of the Advance AP - International Sharemarket NEF managed fund is $1.3389 per unit and the current entry price is $ per unit (as at 18 Dec 2000).

The minimum initial investment amount for the Advance AP - International Sharemarket NEF managed fund is $20,000.

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.