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Advance Australian Smaller Companies Multi-blend Wholesale - Managed Fund (Closed)

Fund Objective
To provide investors with a total investment return (before fees and taxes) that outperforms the S&P/ASX Small Ordinaries Accumulation Index over a period of five years or longer.
Fund Strategy
The Fund invests in small capitalisation shares listed, or expected to be listed, on the Australian Securities Exchange, predominantly in companies that are outside the top 100 stocks as defined by market capitalisation.

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 6.4% 4.39% -8.03% -3.62% 8.21% 10.15% 5.93% 9.46%
Growth return 6.4% 2.88% -9.36% -12.33% -3.4% 1.68% -0.06% 5%
Income return 0% 1.51% 1.33% 8.71% 11.61% 8.47% 5.99% 4.46%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 3.44% 15.31% 25.25% 21.5% 20.14% 15.54% 9.27% 9.62%
As at 28 Feb 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Australian Smaller Companies Multi-blend Wholesale
Australian Equities
100%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.05%
International Equities
3.93%
Cash
4.08%
Property & Infrastructure
0.34%
Fixed Interest
0%
Alternatives
0.60%

General Information

Fund Details
Type Description
Advance Australian Smaller Companies Multi-blend Wholesale
Closed
Advance Asset Management Limited
ADV0096AU
Equity Australia Mid/Small Blend
starstar (as at 28 Feb 2019)
Investment Fund
5 Nov 2004
$10.65 million (as at 28 Feb 2019)
$0.8326 (as at 18 Mar 2019)
$0.8276 (as at 18 Mar 2019)
Finalised
Offer information
Type Description
MER 1.18% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 1.18% (as at 30 Jun 2018)
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount $10,000.00

Top 10 holdings (as at 28 Feb 2019)

Holding (as at 28 Feb 2019) Type % of Portfolio
Steadfast Group Ltd Equity 3%
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FAQs about the Advance Australian Smaller Companies Multi-blend Wholesale

The objective of the Advance Australian Smaller Companies Multi-blend Wholesale managed fund is To provide investors with a total investment return (before fees and taxes) that outperforms the S&P/ASX Small Ordinaries Accumulation Index over a period of five years or longer.

The strategy of the Advance Australian Smaller Companies Multi-blend Wholesale managed fund is The Fund invests in small capitalisation shares listed, or expected to be listed, on the Australian Securities Exchange, predominantly in companies that are outside the top 100 stocks as defined by market capitalisation.

The APIR code of the Advance Australian Smaller Companies Multi-blend Wholesale managed fund is ADV0096AU.

Advance Australian Smaller Companies Multi-blend Wholesale’s total return last month was 6.4%. This was made up of a growth return of 6.4% and an income return of 0%. These returns were calculated as at 28 Feb 2019.

Advance Australian Smaller Companies Multi-blend Wholesale’s total return for the last three months was 4.39%. This was made up of a growth return of 2.88% and an income return of 1.51%%. These returns were calculated as at 28 Feb 2019.

Advance Australian Smaller Companies Multi-blend Wholesale’s one-year total return is -3.62%. This was made up of a growth return of -12.33% and an income return of 8.71%. These returns were calculated as at 28 Feb 2019.

Advance Australian Smaller Companies Multi-blend Wholesale’s one-year total return is 10.15%. This was made up of a growth return of 1.68% and an income return of 8.47%. These returns were calculated as at 28 Feb 2019.

The asset allocation of the Advance Australian Smaller Companies Multi-blend Wholesale managed fund is :

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

The Responsible Entity for the Advance Australian Smaller Companies Multi-blend Wholesale managed fund is Advance Asset Management Limited.

The Advance Australian Smaller Companies Multi-blend Wholesale managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 28 Feb 2019, the size of the Advance Australian Smaller Companies Multi-blend Wholesale managed fund was $10.65 million.

The Advance Australian Smaller Companies Multi-blend Wholesale managed fund has an inception date of 5 Nov 2004.

The current entry price of the Advance Australian Smaller Companies Multi-blend Wholesale managed fund is $0.8326 per unit and the current exit price is $0.8276 per unit (as at 18 Mar 2019).

The current exit price of the Advance Australian Smaller Companies Multi-blend Wholesale managed fund is $0.8276 per unit and the current entry price is $0.8326 per unit (as at 18 Mar 2019).

The minimum initial investment amount for the Advance Australian Smaller Companies Multi-blend Wholesale managed fund is $5,000. Minimum additional investment is $0.

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.