InvestSMART

Advance Australia Sharemarket No 1 - Managed Fund (Closed)

Fund Objective
A diversified share trust aiming to provide low volatility in unit price with moderate income and capital gain including imputation benefits.
Fund Strategy
Concentrating on Industrial shares with low P/E ratios and keeping a below average weighting in natural resource companies.

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 -2.63% 0.33% 1.86% 16.59% 11% 8.41% 12.34% 12.38%
Growth return -2.63% 0.33% -0.85% 1.1% -6.55% -7.17% -1.34% 1.53%
Income return 0% 0% 2.71% 15.49% 17.55% 15.58% 13.68% 10.85%
Market index (S&P/ASX 200 TR AUD)
Total return -0.78% 4.71% 14.66% 10.56% 16.03% 15.17% 12.98% 10.11%
As at 31 Mar 2001. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Australia Sharemarket No 1
Australian Equities
92%
Cash
8%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.37%
Cash
-0.71%
International Equities
5.11%
Property & Infrastructure
1.39%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
Advance Australia Sharemarket No 1
Closed
Advance Asset Management Limited
ADV0011AU
Equity Australia Other
Not Rated
Investment Fund
19 Nov 1984
$10 million (as at 31 Mar 2001)
n/a
$0.8894 (as at 30 Apr 2001)
Finalised
Offer information
Type Description
MER 2% (as at 30 Jun 2000)
Minimum initial investment

FAQs about the Advance Australia Sharemarket No 1

The objective of the Advance Australia Sharemarket No 1 managed fund is A diversified share trust aiming to provide low volatility in unit price with moderate income and capital gain including imputation benefits.

The strategy of the Advance Australia Sharemarket No 1 managed fund is Concentrating on Industrial shares with low P/E ratios and keeping a below average weighting in natural resource companies.

The APIR code of the Advance Australia Sharemarket No 1 managed fund is ADV0011AU.

Advance Australia Sharemarket No 1’s total return last month was -2.63%. This was made up of a growth return of -2.63% and an income return of 0%. These returns were calculated as at 31 Mar 2001.

Advance Australia Sharemarket No 1’s total return for the last three months was 0.33%. This was made up of a growth return of 0.33% and an income return of 0%%. These returns were calculated as at 31 Mar 2001.

Advance Australia Sharemarket No 1’s one-year total return is 16.59%. This was made up of a growth return of 1.1% and an income return of 15.49%. These returns were calculated as at 31 Mar 2001.

Advance Australia Sharemarket No 1’s one-year total return is 8.41%. This was made up of a growth return of -7.17% and an income return of 15.58%. These returns were calculated as at 31 Mar 2001.

The asset allocation of the Advance Australia Sharemarket No 1 managed fund is :

Australian Equities
92%
Cash
8%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Advance Australia Sharemarket No 1 managed fund is Advance Asset Management Limited.

The Advance Australia Sharemarket No 1 managed fund belongs to the Equity Australia Other sector/asset class.

As at 31 Mar 2001, the size of the Advance Australia Sharemarket No 1 managed fund was $10 million.

The Advance Australia Sharemarket No 1 managed fund has an inception date of 19 Nov 1984.

The current entry price of the Advance Australia Sharemarket No 1 managed fund is $ per unit and the current exit price is $0.8894 per unit (as at 30 Apr 2001).

The current exit price of the Advance Australia Sharemarket No 1 managed fund is $0.8894 per unit and the current entry price is $ per unit (as at 30 Apr 2001).

The minimum initial investment amount for the Advance Australia Sharemarket No 1 managed fund 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.