General Information

Advance Mortgage
Advance Asset Management Limited
ADV0092AU
Mortgages
Not Rated
Managed Funds
18 May 2004
$0.18 million (as at 31 Oct 2016)
n/a
$0.9896 (as at 21 Mar 2017)

Fund performance

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 - - - - - - - -
Growth return - - - - - - - -
Income return - - - - - - - -

Morningstar index (Mstar PG ITr Mortgages Idx)

Total return 0.09 0.27 1.64 0.78 5.71 4.08 3.82 4.41

Market index (Bloomberg AusBond Bank 0+Y TR AUD)

Total return 0.13 0.44 0.87 1.98 2.12 2.32 2.7 4.05

Asset Allocation

Australian Equities 0%
International Equities 0%
Cash 33.58%
Property 0%
Fixed Interest 0%
Alternatives 66.42%
Asset Allocation

Objectives and Strategy

To provide a relatively secure income while minimising the risk of capital loss by investing in a wide range of Australian-based first registered mortgages and other real estate related fixed interest securities.
The fund seeks to invest directly or through other funds in a wide range of loans listed secured by registered first mortgages held over commercial, industrial, retail and/or residential properties and other income product investments such as mortgage backed securities, as well as listed and unlisted property funds, and higher yielding fixed interest securities.

Offer information

Standard entry fee 4.10%
Indirect Cost Ratio (ICR) 1.20% (as at 30 Jun 2014)
Minimum initial investment $1,500.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Morningstar The data is provided by Morningstar. For further information on managed funds, including Research Reports, please visit www.morningstar.com.au

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* Dates for historical returns vary from fund to fund