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  5. Advance International Sharemarket - Managed fund profile

Advance International Sharemarket - Managed Fund (Closed)

Fund Objective
The Fund aims to provide long-term capital growth from a diversified portfolio of international shares and currencies. The Fund aims to provide investors with a total investment return (before fees and taxes) that outperforms the MSCI World ex Australia (Standard) Index (Net Dividends) in Australian dollars over periods of five years or longer.
Fund Strategy
The Fund aims to actively invest in a wide range of international shares listed, or expected to be listed, on world stock exchanges, including emerging markets and across a diverse range of industries. The Fund also seeks to add value by actively investing in currencies.

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 0.01% 4.69% 2.18% 3.27% 7.51% 9.45% 9.2% 8.95%
Growth return 0.01% 4.69% 2.18% 3.14% 7.24% 9.12% 8.99% 8.73%
Income return 0% 0% 0% 0.13% 0.27% 0.33% 0.21% 0.22%
Market index (MSCI World Ex Australia NR AUD)
Total return 0.92% 6.62% 5.1% 20.06% 19.45% 20.5% 15.74% 12.6%
As at 30 Apr 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance International Sharemarket
International Equities
100%
Australian Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.75%
Australian Equities
1.20%
Cash
1.75%
Property & Infrastructure
1.16%
Fixed Interest
0%
Alternatives
0.15%

General Information

Fund Details
Type Description
Advance International Sharemarket
Closed
Advance Asset Management Limited
ADV0014AU
Equity World Large Blend
star (as at 30 Apr 2019)
Investment Fund
30 Apr 1986
$17.76 million (as at 30 Apr 2019)
$1.3101 (as at 17 May 2019)
$1.3009 (as at 17 May 2019)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 2.05% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 2.05% (as at 30 Jun 2018)
Minimum initial investment $1,500.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Dec 2010)

Holding (as at 31 Dec 2010) Type % of Portfolio
Apple Inc Equity 2.23%
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FAQs about the Advance International Sharemarket

The objective of the Advance International Sharemarket managed fund is The Fund aims to provide long-term capital growth from a diversified portfolio of international shares and currencies. The Fund aims to provide investors with a total investment return (before fees and taxes) that outperforms the MSCI World ex Australia (Standard) Index (Net Dividends) in Australian dollars over periods of five years or longer.

The strategy of the Advance International Sharemarket managed fund is The Fund aims to actively invest in a wide range of international shares listed, or expected to be listed, on world stock exchanges, including emerging markets and across a diverse range of industries. The Fund also seeks to add value by actively investing in currencies.

The APIR code of the Advance International Sharemarket managed fund is ADV0014AU.

Advance International Sharemarket’s total return last month was 0.01%. This was made up of a growth return of 0.01% and an income return of 0%. These returns were calculated as at 30 Apr 2019.

Advance International Sharemarket’s total return for the last three months was 4.69%. This was made up of a growth return of 4.69% and an income return of 0%%. These returns were calculated as at 30 Apr 2019.

Advance International Sharemarket’s one-year total return is 3.27%. This was made up of a growth return of 3.14% and an income return of 0.13%. These returns were calculated as at 30 Apr 2019.

Advance International Sharemarket’s one-year total return is 9.45%. This was made up of a growth return of 9.12% and an income return of 0.33%. These returns were calculated as at 30 Apr 2019.

The asset allocation of the Advance International Sharemarket managed fund is :

International Equities
100%
Australian Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Advance International Sharemarket managed fund is Advance Asset Management Limited.

The Advance International Sharemarket managed fund belongs to the Equity World Large Blend sector/asset class.

As at 30 Apr 2019, the size of the Advance International Sharemarket managed fund was $17.76 million.

The Advance International Sharemarket managed fund has an inception date of 30 Apr 1986.

The current entry price of the Advance International Sharemarket managed fund is $1.3101 per unit and the current exit price is $1.3009 per unit (as at 17 May 2019).

The current exit price of the Advance International Sharemarket managed fund is $1.3009 per unit and the current entry price is $1.3101 per unit (as at 17 May 2019).

The minimum initial investment amount for the Advance International Sharemarket managed fund is $1,500. Minimum additional investment is $500.

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.