InvestSMART

Advance PST - Australian Share Tax Exempt - Managed Fund (Closed)

Fund Objective
To provide long term capital growth, while aiming to provide investors with a total return before earnings tax, that outperforms the All Ordinaries Accumulation Index over periods of five years or longer. Suggested investment period is 5 years plus.
Fund Strategy
Invests in a wide range of shares and securities including options, futures and other derivatives, but may not use these to leverage the portfolio. The asset mix is reviewed frequently and will be altered to take into account changing market and economic conditions. The portfolio is managed by Maple-Brown Abbott Limited.

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 3.08% 1.43% 8.7% 0.75% 7.32% -% -% -%
Growth return 3.08% 1.43% 8.7% 0.75% 7.32% -% -% -%
Income return 0% 0% 0% 0% 0% -% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 1.99% 6.14% 12.44% 23.03% 23.12% 22.63% 16.27% 13.14%
As at 30 Apr 2000. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance PST - Australian Share Tax Exempt
Australian Equities
95.45%
Cash
4.55%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
1.42%
Cash
1.78%
International Equities
95.50%
Property & Infrastructure
1.16%
Fixed Interest
0%
Alternatives
0.15%

General Information

Fund Details
Type Description
Advance PST - Australian Share Tax Exempt (Wholesale)
Closed
Advance Asset Management Limited
ADV0041AU
Equity World Other
Not Rated
Superannuation Fund
1 Mar 1998
$0.53 million (as at 31 Mar 2000)
$1.1522 (as at 25 May 2000)
$1.1522 (as at 25 May 2000)
Finalised
Offer information
Type Description

FAQs about the Advance PST - Australian Share Tax Exempt

The objective of the Advance PST - Australian Share Tax Exempt managed fund is To provide long term capital growth, while aiming to provide investors with a total return before earnings tax, that outperforms the All Ordinaries Accumulation Index over periods of five years or longer. Suggested investment period is 5 years plus.

The strategy of the Advance PST - Australian Share Tax Exempt managed fund is Invests in a wide range of shares and securities including options, futures and other derivatives, but may not use these to leverage the portfolio. The asset mix is reviewed frequently and will be altered to take into account changing market and economic conditions. The portfolio is managed by Maple-Brown Abbott Limited.

The APIR code of the Advance PST - Australian Share Tax Exempt managed fund is ADV0041AU.

Advance PST - Australian Share Tax Exempt’s total return last month was 3.08%. This was made up of a growth return of 3.08% and an income return of 0%. These returns were calculated as at 30 Apr 2000.

Advance PST - Australian Share Tax Exempt’s total return for the last three months was 1.43%. This was made up of a growth return of 1.43% and an income return of 0%%. These returns were calculated as at 30 Apr 2000.

Advance PST - Australian Share Tax Exempt’s one-year total return is 0.75%. This was made up of a growth return of 0.75% and an income return of 0%. These returns were calculated as at 30 Apr 2000.

Advance PST - Australian Share Tax Exempt’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 30 Apr 2000.

The asset allocation of the Advance PST - Australian Share Tax Exempt managed fund is :

Australian Equities
95.45%
Cash
4.55%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Advance PST - Australian Share Tax Exempt managed fund is Advance Asset Management Limited.

The Advance PST - Australian Share Tax Exempt managed fund belongs to the Equity World Other sector/asset class.

As at 31 Mar 2000, the size of the Advance PST - Australian Share Tax Exempt managed fund was $0.53 million.

The Advance PST - Australian Share Tax Exempt managed fund has an inception date of 1 Mar 1998.

The current entry price of the Advance PST - Australian Share Tax Exempt managed fund is $1.1522 per unit and the current exit price is $1.1522 per unit (as at 25 May 2000).

The current exit price of the Advance PST - Australian Share Tax Exempt managed fund is $1.1522 per unit and the current entry price is $1.1522 per unit (as at 25 May 2000).

The minimum initial investment amount for the Advance PST - Australian Share Tax Exempt 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.