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Fund Performance Comparison

This fund is benchmarked against the {{ }} index.

This fund's fees are: {{ mer | percentage:2 }}

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

{{ }} Average
Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 Oct 2000)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.1 2.43 5.21 14.02 10.12 - - -
Growth return 0.1 2.43 -3.85 4.19 0.89 - - -
Income return 0 0 9.06 9.83 9.23 - - -

Market index (Morningstar Aus Msec Growth TR AUD)

Total return 0.82 2.03 1.87 7.14 7.66 5.79 9.23 6.32

Asset Allocation (31 Oct 2000)

Australian Equities 39.85%
International Equities 33.45%
Cash 2.40%
Property 4.84%
Fixed Interest 19.46%
Alternatives 0%
Asset Allocation

General Information

Advance Future Growth Wholesale (Wholesale)
Advance Asset Management Limited
Multisector Growth
Not Rated
Investment Fund
23 Mar 1998
$0.01 million (as at 31 Oct 2000)
$1.1373 (as at 20 Nov 2000)
$1.1305 (as at 20 Nov 2000)

Objectives and Strategy

To provide long-term capital growth with some tax-effective half-yearly income and with a high probability of positive total returns over any 5 year period. Suggested minimum timeframe is 5 years.
Invests in a diverse mix of assets, with an emphasis on growth-orientated assets. Target asset allocation: Australian shares 44%, international shares 27%, Australian fixed interest 10%, international fixed interest 9%, listed property 6% and cash 4%. The asset mix is reviewed frequently taking into account market and economic conditions. The Fund uses a blend of portfolio managers, through investment in the single sector funds.

Offer information

Minimum initial investment $50,000

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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