Advance Global Alpha Wholesale - Managed Fund

Fund Performance Comparison

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

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}

Fees Comparison

{{ fund.fees * 100 | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})

Don't let high fees kill your returns

The {{ modelPortfolio.name }} portfolio has fair and transparent fees to help you keep more money in your pocket.

View our Fund

Don't let high fees kill your returns

Build a diversified portfolio to match your needs with our range of low cost investment options.

View our funds

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.19 -1.11 -2.26 -4.22 -2.08 0.36 1.35 0.04
Growth return -0.19 -1.11 -2.26 -4.22 -2.08 0.36 1.35 -0.95
Income return 0 0 0 0 0 0 0 0.99
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.17 0.5 0.97 1.85 1.8 1.93 2.17 3.17
As as 30 Jun 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Alternatives
100%

General Information

Fund Details
Type Description
Advance Global Alpha Wholesale
Closed
Advance Asset Management Limited
ADV0117AU
Alternative Strategies ? Diversified
starstarstar (as at 31 Mar 2015)
Investment Fund
16 Sep 2005
$0.43 million (as at 31 May 2017)
$0.1219 (as at 31 May 2017)
$0.1211 (as at 31 May 2017)
Fund Objective
The Fund aims to achieve returns of 10% p.a. (before fees and taxes) above its benchmark (60% Morgan Stanley Capital International World Accumulation Index (currency unhedged to the Australian dollar) and 40% Citigroup World Government Bond Index - currency hedged back to Australian dollars)) over the medium to long term.
Fund Strategy
The Fund aims to construct a diversified portfolio by gaining exposure to long and short positions across currency, industry, equity and bond markets via physical securities and derivatives. The Fund's exposure includes: - A wide range of global equities of those developed countries included in the MSCI World Index. - A wide range of global fixed interest of those developed countries represented in the Citigroup Index. - Cash and currency of those developed countries included in the MSCI World and Citigroup Indices.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2016)
Performance fee (not included in ICR) 0.01
Minimum initial investment $10,000.00
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

Top 10 holdings (as at 31 Dec 2010)

Holding (as at 31 Dec 2010) Type % of Portfolio
Wbc Ncd 25feb11 Bond - Corporate Bond 12.75%
Login now to view the complete list of holdings.

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 cannot 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.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

Compare your fund
76%*

Underperform the industry standard benchmarks

Compare your fund

*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
Intelligent Investor Equity Income 12.16%
InvestSMART International Equities 11.86%
Intelligent Investor Equity Growth 11.34%
InvestSMART Australian Small Companies Fund 9.42%
InvestSMART High Growth 8.98%
InvestSMART Core Growth 8.00%
InvestSMART Balanced 6.18%
InvestSMART Diversified Property and Infrastructure 5.19%
InvestSMART Diversified Income 4.58%
InvestSMART Hybrid Income 4.43%
InvestSMART Interest Income 2.12%

* Returns p.a. since inception after investment & admin fees

Want to track how your managed fund is performing every month?