Advance PST Australian Shares - Managed Fund (Closed)

Fund Objective

The Fund aims to outperform the S&P/ASX 300 Index (Total Return), after fees, over a four-year period.

Fund Strategy

The Fund is an actively managed fund that invests in listed (and to be listed) Australian equities, and other funds we manage. The Fund is a diversified portfolio constructed from the highest conviction opportunities which we expect to deliver strong risk-adjusted returns over the long-term. The Fund invests across a broad universe of Australian companies and typically holds between 25-40 stocks.

Fund Performance Comparison

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Peers

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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.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	4.34%	-4.22%	-0.01%	-14.61%	-0.17%	3.99%	5.72%	4.64%
Growth return	4.34%	-4.22%	-0.01%	-14.61%	-0.17%	3.99%	5.72%	4.64%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (S&P/ASX 200 TR AUD)
Total return	2.18%	-1.22%	-0.87%	10.12%	9.95%	9.66%	8.36%	9.31%

As at 31 Mar 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance PST Australian Shares

Australian Equities: 95.37%

Cash: 4.63%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 96.22%

Cash: -0.77%

International Equities: 3.88%

Property & Infrastructure: 1.13%

Fixed Interest: -0.44%

Alternatives: -0.02%

General Information

Fund Details

Type	Description
Fund Name	Advance PST Australian Shares
Fund Status	Closed
Responsible Entity	Advance Asset Management Limited
APIR Code	ADV0038AU
Sector/Asset Class	Equity Australia Large Value
Morningstar Rating	(as at 31 Mar 2016)
Legal Structure	Superannuation Fund
Fund Inception	1 Mar 1998
Fund Size	$133.77 million (as at 31 Mar 2016)
Entry Price	$4.2181 (as at 18 Apr 2016)
Exit Price	$4.2181 (as at 18 Apr 2016)
Fund Status	Finalised

Offer information

Type	Description
MER	0.92% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR)	0.95% (as at 30 Jun 2015)
Minimum initial investment	$10,000.00
Minimum additional investments	$10,000.00
Minimum redemption amount	$10,000.00

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024)	Type	% of Portfolio
Westpac Banking Corp	Equity	7.14%
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FAQs about the Advance PST Australian Shares

What is the objective of the Advance PST Australian Shares managed fund?

The objective of the Advance PST Australian Shares managed fund is The Fund aims to outperform the S&P/ASX 300 Index (Total Return), after fees, over a four-year period.

What is the strategy for the Advance PST Australian Shares managed fund?

The strategy of the Advance PST Australian Shares managed fund is The Fund is an actively managed fund that invests in listed (and to be listed) Australian equities, and other funds we manage. The Fund is a diversified portfolio constructed from the highest conviction opportunities which we expect to deliver strong risk-adjusted returns over the long-term. The Fund invests across a broad universe of Australian companies and typically holds between 25-40 stocks.

What is the APIR code of the Advance PST Australian Shares managed fund?

The APIR code of the Advance PST Australian Shares managed fund is ADV0038AU.

What was Advance PST Australian Shares’s total return last month?

Advance PST Australian Shares’s total return last month was 4.34%. This was made up of a growth return of 4.34% and an income return of 0%. These returns were calculated as at 31 Mar 2016.

What was Advance PST Australian Shares’s total return for the last three months?

Advance PST Australian Shares’s total return for the last three months was -4.22%. This was made up of a growth return of -4.22% and an income return of 0%%. These returns were calculated as at 31 Mar 2016.

What is Advance PST Australian Shares’s one-year total return?

Advance PST Australian Shares’s one-year total return is -14.61%. This was made up of a growth return of -14.61% and an income return of 0%. These returns were calculated as at 31 Mar 2016.

What is Advance PST Australian Shares’s three-year total return?

Advance PST Australian Shares’s one-year total return is 3.99%. This was made up of a growth return of 3.99% and an income return of 0%. These returns were calculated as at 31 Mar 2016.

What is the asset allocation of the Advance PST Australian Shares managed fund?

The asset allocation of the Advance PST Australian Shares managed fund is :

Australian Equities: 95.37%

Cash: 4.63%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Advance PST Australian Shares managed fund?

The Responsible Entity for the Advance PST Australian Shares managed fund is Advance Asset Management Limited.

What sector/asset class does the Advance PST Australian Shares managed fund belong to?

The Advance PST Australian Shares managed fund belongs to the Equity Australia Large Value sector/asset class.

What is the size of the Advance PST Australian Shares managed fund?

As at 31 Mar 2016, the size of the Advance PST Australian Shares managed fund was $133.77 million.

What is the inception date of the Advance PST Australian Shares managed fund?

The Advance PST Australian Shares managed fund has an inception date of 1 Mar 1998.

What is the current entry price of the Advance PST Australian Shares managed fund?

The current entry price of the Advance PST Australian Shares managed fund is $4.2181 per unit and the current exit price is $4.2181 per unit (as at 18 Apr 2016).

What is the current exit price of the Advance PST Australian Shares managed fund?

The current exit price of the Advance PST Australian Shares managed fund is $4.2181 per unit and the current entry price is $4.2181 per unit (as at 18 Apr 2016).

What is the minimum investment amount for the Advance PST Australian Shares managed fund?

The minimum initial investment amount for the Advance PST Australian Shares managed fund is $10,000. Minimum additional investment is $10000.

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.

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