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  5. Advance MultiFund Property Securities - Managed fund profile

Advance MultiFund Property Securities - Managed Fund (Closed)

Fund Objective
This product aims provide long term capital growth and a moderate level of tax advantaged income. Total investment return above the ASX Property Accumulation Index over five year or longer is sought.
Fund Strategy
Invest in a selection of property securities listed on the ASX, providing an indirect interest in a diverse range of property types including office, retail, industrial and other sectors.

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 5.28% -11.2% -5.76% 0.62% 10.58% 11.59% -% -%
Growth return 4.53% -11.84% -20.9% -17.68% -3.58% -0.25% -% -%
Income return 0.75% 0.64% 15.14% 18.3% 14.16% 11.84% -% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 4.47% 9.86% 16.7% 14.49% 20.15% 15.35% 12.27% 9%
As at 30 Sep 1998. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance MultiFund Property Securities
Cash
-2.36%
Property & Infrastructure
102.36%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
2.37%
Property & Infrastructure
93.06%
Australian Equities
4.32%
International Equities
0.24%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
Advance MultiFund Property Securities
Closed
Advance Asset Management Limited
ADV0027AU
Equity Australia Real Estate
Not Rated
Investment Fund
1 Jul 1994
$3.23 million (as at 30 Sep 1998)
n/a
$0.9462 (as at 29 Oct 1998)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 1.75% (as at 30 Jun 1998)
Minimum initial investment $2,000.00

FAQs about the Advance MultiFund Property Securities

The objective of the Advance MultiFund Property Securities managed fund is This product aims provide long term capital growth and a moderate level of tax advantaged income. Total investment return above the ASX Property Accumulation Index over five year or longer is sought.

The strategy of the Advance MultiFund Property Securities managed fund is Invest in a selection of property securities listed on the ASX, providing an indirect interest in a diverse range of property types including office, retail, industrial and other sectors.

The APIR code of the Advance MultiFund Property Securities managed fund is ADV0027AU.

Advance MultiFund Property Securities’s total return last month was 5.28%. This was made up of a growth return of 4.53% and an income return of 0.75%. These returns were calculated as at 30 Sep 1998.

Advance MultiFund Property Securities’s total return for the last three months was -11.2%. This was made up of a growth return of -11.84% and an income return of 0.64%%. These returns were calculated as at 30 Sep 1998.

Advance MultiFund Property Securities’s one-year total return is 0.62%. This was made up of a growth return of -17.68% and an income return of 18.3%. These returns were calculated as at 30 Sep 1998.

Advance MultiFund Property Securities’s one-year total return is 11.59%. This was made up of a growth return of -0.25% and an income return of 11.84%. These returns were calculated as at 30 Sep 1998.

The asset allocation of the Advance MultiFund Property Securities managed fund is :

Cash
-2.36%
Property & Infrastructure
102.36%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Advance MultiFund Property Securities managed fund is Advance Asset Management Limited.

The Advance MultiFund Property Securities managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 30 Sep 1998, the size of the Advance MultiFund Property Securities managed fund was $3.23 million.

The Advance MultiFund Property Securities managed fund has an inception date of 1 Jul 1994.

The current entry price of the Advance MultiFund Property Securities managed fund is $ per unit and the current exit price is $0.9462 per unit (as at 29 Oct 1998).

The current exit price of the Advance MultiFund Property Securities managed fund is $0.9462 per unit and the current entry price is $ per unit (as at 29 Oct 1998).

The minimum initial investment amount for the Advance MultiFund Property Securities managed fund is $2,000.

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.