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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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

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	-2.51%	-6.22%	-3.83%	8.14%	10.17%	16.04%	12.71%	13.19%

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 & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

International Equities: 91.59%

Cash: 1.82%

Australian Equities: 6.10%

Property & Infrastructure: 0.21%

Fixed Interest: -0.01%

Alternatives: 0.29%

General Information

Fund Details

Type	Description
Fund Name	Advance AP - International Sharemarket NEF
Fund Status	Closed
Responsible Entity	Advance Asset Management Limited
APIR Code	ADV0016AU
Sector/Asset Class	Equity World Other
Morningstar Rating	Not Rated
Legal Structure	Allocated Pension
Fund Inception	1 Nov 1997
Fund Size	$0.32 million (as at 30 Nov 2000)
Entry Price	n/a
Exit Price	$1.3389 (as at 18 Dec 2000)
Fund Status	Finalised

Offer information

Type	Description
Minimum initial investment	$20,000

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FAQs about the Advance AP - International Sharemarket NEF

What is the objective of the Advance AP - International Sharemarket NEF managed fund?

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.

What is the strategy for the Advance AP - International Sharemarket NEF managed fund?

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.

What is the APIR code of the Advance AP - International Sharemarket NEF managed fund?

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

What was Advance AP - International Sharemarket NEF’s total return last month?

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.

What was Advance AP - International Sharemarket NEF’s total return for the last three months?

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.

What is Advance AP - International Sharemarket NEF’s one-year total return?

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.

What is Advance AP - International Sharemarket NEF’s three-year total return?

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.

What is the asset allocation of the Advance AP - International Sharemarket NEF managed fund?

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

International Equities: 97.99%

Cash: 2.01%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Advance AP - International Sharemarket NEF managed fund?

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

What sector/asset class does the Advance AP - International Sharemarket NEF managed fund belong to?

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

What is the size of the Advance AP - International Sharemarket NEF managed fund?

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

What is the inception date of the Advance AP - International Sharemarket NEF managed fund?

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

What is the current entry price of the Advance AP - International Sharemarket NEF managed fund?

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).

What is the current exit price of the Advance AP - International Sharemarket NEF managed fund?

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).

What is the minimum investment amount for the Advance AP - International Sharemarket NEF managed fund?

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.

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