Advance Australian Shares ARS NEF - Managed Fund (Closed)

Fund Objective

To provide long-term capital growth from a diversified portfolio of Australian shares. The Fund aims to provide investors with a total investment return (before fees and taxed) that outperforms the S&P/ASX 200 Accumulation Index over periods of 5 years or longer.

Fund Strategy

The fund seeks to invest in a wide range of Australian shares listed, or expected to be listed, on the Australian Stock Exchange.

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	3.07%	5.6%	17.67%	5.4%	2.6%	2.6%	7.74%	4.91%
Growth return	3.07%	5.55%	17%	1.85%	-0.79%	-0.47%	4.68%	2.14%
Income return	0%	0.05%	0.67%	3.55%	3.39%	3.07%	3.06%	2.77%
Market index (S&P/ASX 200 TR AUD)
Total return	1.78%	0.36%	3.06%	7.37%	11.2%	9.81%	10.21%	10.12%

As at 28 Feb 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Australian Shares ARS NEF

Australian Equities: 100%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 95.83%

International Equities: 4.25%

Cash: -1.01%

Property & Infrastructure: 1.27%

Fixed Interest: -0.33%

Alternatives: -0.02%

General Information

Fund Details

Type	Description
Fund Name	Advance Australian Shares ARS NEF
Fund Status	Closed
Responsible Entity	Advance Asset Management Limited
APIR Code	ADV0119AU
Sector/Asset Class	Equity Australia Other
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	24 Mar 2005
Fund Size	$0 million (as at 30 Apr 2023)
Entry Price	$0.9055 (as at 19 Mar 2021)
Exit Price	$0.9055 (as at 19 Mar 2021)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	2.22% (as at 30 Jun 2019)
Performance fee (not included in ICR)	0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

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FAQs about the Advance Australian Shares ARS NEF

What is the objective of the Advance Australian Shares ARS NEF managed fund?

The objective of the Advance Australian Shares ARS NEF managed fund is To provide long-term capital growth from a diversified portfolio of Australian shares. The Fund aims to provide investors with a total investment return (before fees and taxed) that outperforms the S&P/ASX 200 Accumulation Index over periods of 5 years or longer.

What is the strategy for the Advance Australian Shares ARS NEF managed fund?

The strategy of the Advance Australian Shares ARS NEF managed fund is The fund seeks to invest in a wide range of Australian shares listed, or expected to be listed, on the Australian Stock Exchange.

What is the APIR code of the Advance Australian Shares ARS NEF managed fund?

The APIR code of the Advance Australian Shares ARS NEF managed fund is ADV0119AU.

What was Advance Australian Shares ARS NEF’s total return last month?

Advance Australian Shares ARS NEF’s total return last month was 3.07%. This was made up of a growth return of 3.07% and an income return of 0%. These returns were calculated as at 28 Feb 2021.

What was Advance Australian Shares ARS NEF’s total return for the last three months?

Advance Australian Shares ARS NEF’s total return for the last three months was 5.6%. This was made up of a growth return of 5.55% and an income return of 0.05%%. These returns were calculated as at 28 Feb 2021.

What is Advance Australian Shares ARS NEF’s one-year total return?

Advance Australian Shares ARS NEF’s one-year total return is 5.4%. This was made up of a growth return of 1.85% and an income return of 3.55%. These returns were calculated as at 28 Feb 2021.

What is Advance Australian Shares ARS NEF’s three-year total return?

Advance Australian Shares ARS NEF’s one-year total return is 2.6%. This was made up of a growth return of -0.47% and an income return of 3.07%. These returns were calculated as at 28 Feb 2021.

What is the asset allocation of the Advance Australian Shares ARS NEF managed fund?

The asset allocation of the Advance Australian Shares ARS NEF managed fund is :

Australian Equities: 100%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Advance Australian Shares ARS NEF managed fund?

The Responsible Entity for the Advance Australian Shares ARS NEF managed fund is Advance Asset Management Limited.

What sector/asset class does the Advance Australian Shares ARS NEF managed fund belong to?

The Advance Australian Shares ARS NEF managed fund belongs to the Equity Australia Other sector/asset class.

What is the size of the Advance Australian Shares ARS NEF managed fund?

As at 30 Apr 2023, the size of the Advance Australian Shares ARS NEF managed fund was $0 million.

What is the inception date of the Advance Australian Shares ARS NEF managed fund?

The Advance Australian Shares ARS NEF managed fund has an inception date of 24 Mar 2005.

What is the current entry price of the Advance Australian Shares ARS NEF managed fund?

The current entry price of the Advance Australian Shares ARS NEF managed fund is $0.9055 per unit and the current exit price is $0.9055 per unit (as at 19 Mar 2021).

What is the current exit price of the Advance Australian Shares ARS NEF managed fund?

The current exit price of the Advance Australian Shares ARS NEF managed fund is $0.9055 per unit and the current entry price is $0.9055 per unit (as at 19 Mar 2021).

What is the minimum investment amount for the Advance Australian Shares ARS NEF managed fund?

The minimum initial investment amount for the Advance Australian Shares ARS NEF managed fund is $0. 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.

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