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  5. Advance Overseas Fund - Managed fund profile

Advance Overseas Fund - Managed Fund (Closed)

Fund Objective
Offset possible weakness in the Australian market.
Fund Strategy
Invest in overseas equity and fixed interest markets although investment in Australia is authorised and is done when circumstances dictate it is in the best interest of the investing plans.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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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 1.07% 6.04% 13.96% 0.93% -% -% -% -%
Growth return 1.07% 6.04% 13.96% 0.93% -% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
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 31 Dec 1988. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
0.14%
Australian Equities
1.45%
International Equities
95.48%
Cash
1.77%
Property & Infrastructure
1.15%
Fixed Interest
0%

General Information

Fund Details
Type Description
Advance Overseas Fund
Closed
Advance Asset Management Limited
Equity World Other
Not Rated
Superannuation Fund
29 May 1987
$0.01 million (as at 31 Dec 1988)
n/a
$0.5299 (as at 29 Dec 1988)
Finalised
Offer information
Type Description

FAQs about the Advance Overseas Fund

The objective of the Advance Overseas Fund managed fund is Offset possible weakness in the Australian market.

The strategy of the Advance Overseas Fund managed fund is Invest in overseas equity and fixed interest markets although investment in Australia is authorised and is done when circumstances dictate it is in the best interest of the investing plans.

The APIR code of the Advance Overseas Fund managed fund is .

Advance Overseas Fund’s total return last month was 1.07%. This was made up of a growth return of 1.07% and an income return of 0%. These returns were calculated as at 31 Dec 1988.

Advance Overseas Fund’s total return for the last three months was 6.04%. This was made up of a growth return of 6.04% and an income return of 0%%. These returns were calculated as at 31 Dec 1988.

Advance Overseas Fund’s one-year total return is 0.93%. This was made up of a growth return of 0.93% and an income return of 0%. These returns were calculated as at 31 Dec 1988.

Advance Overseas Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 1988.

The asset allocation of the Advance Overseas Fund managed fund is :

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

The Responsible Entity for the Advance Overseas Fund managed fund is Advance Asset Management Limited.

The Advance Overseas Fund managed fund belongs to the Equity World Other sector/asset class.

As at 31 Dec 1988, the size of the Advance Overseas Fund managed fund was $0.01 million.

The Advance Overseas Fund managed fund has an inception date of 29 May 1987.

The current entry price of the Advance Overseas Fund managed fund is $ per unit and the current exit price is $0.5299 per unit (as at 29 Dec 1988).

The current exit price of the Advance Overseas Fund managed fund is $0.5299 per unit and the current entry price is $ per unit (as at 29 Dec 1988).

The minimum initial investment amount for the Advance Overseas Fund managed fund is $.

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.