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  5. Advance Australian Shares ARS - Managed fund profile

Advance Australian Shares ARS - Managed Fund (Closed)

Fund Objective
The Fund aims 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 taxes) that outperforms the S&P/ASX 200 Accumulation Index over periods of five 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 Securities Exchange.

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 3.09% 5.67% 17.81% 5.71% 2.88% 2.89% 8.04% 5.42%
Growth return 3.09% 5.58% 17.03% 1.62% -0.89% -0.56% 4.6% 2.1%
Income return 0% 0.09% 0.78% 4.09% 3.77% 3.45% 3.44% 3.32%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 28 Feb 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Australian Equities
93.42%
International Equities
5.11%
Cash
-0.77%
Property & Infrastructure
1.40%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
Advance Australian Shares ARS
Closed
Advance Asset Management Limited
ADV0118AU
Equity Australia Large Value
starstar (as at 31 Jan 2021)
Investment Fund
18 May 2006
$0 million (as at 30 Apr 2023)
$0.9011 (as at 19 Mar 2021)
$0.9011 (as at 19 Mar 2021)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
Indirect Cost Ratio (ICR) 1.95% (as at 30 Jun 2019)
Performance fee (not included in ICR) 0
Minimum initial investment

FAQs about the Advance Australian Shares ARS

The objective of the Advance Australian Shares ARS managed fund is The Fund aims 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 taxes) that outperforms the S&P/ASX 200 Accumulation Index over periods of five years or longer.

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

The APIR code of the Advance Australian Shares ARS managed fund is ADV0118AU.

Advance Australian Shares ARS’s total return last month was 3.09%. This was made up of a growth return of 3.09% and an income return of 0%. These returns were calculated as at 28 Feb 2021.

Advance Australian Shares ARS’s total return for the last three months was 5.67%. This was made up of a growth return of 5.58% and an income return of 0.09%%. These returns were calculated as at 28 Feb 2021.

Advance Australian Shares ARS’s one-year total return is 5.71%. This was made up of a growth return of 1.62% and an income return of 4.09%. These returns were calculated as at 28 Feb 2021.

Advance Australian Shares ARS’s one-year total return is 2.89%. This was made up of a growth return of -0.56% and an income return of 3.45%. These returns were calculated as at 28 Feb 2021.

The asset allocation of the Advance Australian Shares ARS 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 Shares ARS managed fund is Advance Asset Management Limited.

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

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

The Advance Australian Shares ARS managed fund has an inception date of 18 May 2006.

The current entry price of the Advance Australian Shares ARS managed fund is $0.9011 per unit and the current exit price is $0.9011 per unit (as at 19 Mar 2021).

The current exit price of the Advance Australian Shares ARS managed fund is $0.9011 per unit and the current entry price is $0.9011 per unit (as at 19 Mar 2021).

The minimum initial investment amount for the Advance Australian Shares ARS 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.