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  5. Advance Asian Shares Multi-blend - Managed fund profile

Advance Asian Shares Multi-blend - Managed Fund (Closed)

Fund Objective
To provide investors with a total return (before fees and taxes) that outperforms the MSCI AC Asia ex-Japan Index in Australian dollars over periods of five years or longer.
Fund Strategy
The Fund invests in a diverse range of securities listed, or expected to be listed, on world stock exchanges excluding Japan, across a diverse range of industries. The Fund is typically unhedged.

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 -2.06% 4.46% 4.18% 4.21% 7.53% 12.25% 12.23% 6.7%
Growth return -2.06% -0.14% -0.4% -0.38% -2.86% 1.68% 5.43% 3.37%
Income return 0% 4.6% 4.58% 4.59% 10.39% 10.57% 6.8% 3.33%
Market index (MSCI AC Asia Ex Japan NR AUD)
Total return -0.55% 8.13% 10.82% 23.32% 16.72% 12.75% 7.31% 8.45%
As at 31 Aug 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Asian Shares Multi-blend
International Equities
100%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
International Equities
96.47%
Cash
3.52%
Property & Infrastructure
0.02%
Fixed Interest
-0.01%

General Information

Fund Details
Type Description
Advance Asian Shares Multi-blend
Closed
Advance Asset Management Limited
ADV0082AU
Equity Asia Pacific w/o Japan
starstarstar (as at 31 Aug 2019)
Investment Fund
18 May 2004
$3.87 million (as at 30 Sep 2019)
$1.6509 (as at 26 Sep 2019)
$1.6509 (as at 26 Sep 2019)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 2.20% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 2.20% (as at 30 Jun 2018)
Minimum initial investment $1,500.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Aug 2019)

Holding (as at 31 Aug 2019) Type % of Portfolio
Alibaba Group Holding Ltd ADR Equity 7.73%
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FAQs about the Advance Asian Shares Multi-blend

The objective of the Advance Asian Shares Multi-blend managed fund is To provide investors with a total return (before fees and taxes) that outperforms the MSCI AC Asia ex-Japan Index in Australian dollars over periods of five years or longer.

The strategy of the Advance Asian Shares Multi-blend managed fund is The Fund invests in a diverse range of securities listed, or expected to be listed, on world stock exchanges excluding Japan, across a diverse range of industries. The Fund is typically unhedged.

The APIR code of the Advance Asian Shares Multi-blend managed fund is ADV0082AU.

Advance Asian Shares Multi-blend’s total return last month was -2.06%. This was made up of a growth return of -2.06% and an income return of 0%. These returns were calculated as at 31 Aug 2019.

Advance Asian Shares Multi-blend’s total return for the last three months was 4.46%. This was made up of a growth return of -0.14% and an income return of 4.6%%. These returns were calculated as at 31 Aug 2019.

Advance Asian Shares Multi-blend’s one-year total return is 4.21%. This was made up of a growth return of -0.38% and an income return of 4.59%. These returns were calculated as at 31 Aug 2019.

Advance Asian Shares Multi-blend’s one-year total return is 12.25%. This was made up of a growth return of 1.68% and an income return of 10.57%. These returns were calculated as at 31 Aug 2019.

The asset allocation of the Advance Asian Shares Multi-blend managed fund is :

International Equities
100%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Advance Asian Shares Multi-blend managed fund is Advance Asset Management Limited.

The Advance Asian Shares Multi-blend managed fund belongs to the Equity Asia Pacific w/o Japan sector/asset class.

As at 30 Sep 2019, the size of the Advance Asian Shares Multi-blend managed fund was $3.87 million.

The Advance Asian Shares Multi-blend managed fund has an inception date of 18 May 2004.

The current entry price of the Advance Asian Shares Multi-blend managed fund is $1.6509 per unit and the current exit price is $1.6509 per unit (as at 26 Sep 2019).

The current exit price of the Advance Asian Shares Multi-blend managed fund is $1.6509 per unit and the current entry price is $1.6509 per unit (as at 26 Sep 2019).

The minimum initial investment amount for the Advance Asian Shares Multi-blend managed fund is $1,500. Minimum additional investment is $500.

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.