InvestSMART

Advance Return Defensive Multi-blend NEF - Managed Fund (Closed)

Fund Objective
To provide moderate capital growth over the medium term, with a high probability of positive returns over any 3 year period. Suggested investment period is 3 years-plus.
Fund Strategy
Invests in a mix of growth and defensive assets, with a defensive bias. This may include Australian fixed interest, cash, Australian shares, international fixed interest, international shares and listed property.

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 0.13% 1.73% 5.47% 8.76% 8.23% 7.13% 4.48% 5.39%
Growth return 0.13% 1.73% 5.47% 8.76% 8.23% 7.13% 4.48% 5.39%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return -2.66% -1.21% -0.98% 4.89% 4.63% 5.48% 3.15% 4.26%
As at 30 Apr 2006. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Return Defensive Multi-blend NEF
Australian Equities
15.60%
International Equities
7.50%
Cash
31.50%
Property & Infrastructure
5.20%
Fixed Interest
37.30%
Alternatives
2.90%
Average Allocation of Peers
Australian Equities
11.45%
International Equities
15.15%
Cash
12.79%
Property & Infrastructure
3.54%
Fixed Interest
50.92%
Alternatives
6.15%

General Information

Fund Details
Type Description
Advance Return Defensive Multi-blend NEF
Closed
Advance Asset Management Limited
ADV0003AU
Multisector Moderate
Not Rated
Superannuation Fund
1 Oct 1994
$8.7 million (as at 30 Apr 2006)
$2.2155 (as at 17 May 2006)
$2.2155 (as at 17 May 2006)
Finalised
Offer information
Type Description
MER 2.05% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 1.21% (as at 30 Jun 2012)
Minimum initial investment $1,500.00
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FAQs about the Advance Return Defensive Multi-blend NEF

The objective of the Advance Return Defensive Multi-blend NEF managed fund is To provide moderate capital growth over the medium term, with a high probability of positive returns over any 3 year period. Suggested investment period is 3 years-plus.

The strategy of the Advance Return Defensive Multi-blend NEF managed fund is Invests in a mix of growth and defensive assets, with a defensive bias. This may include Australian fixed interest, cash, Australian shares, international fixed interest, international shares and listed property.

The APIR code of the Advance Return Defensive Multi-blend NEF managed fund is ADV0003AU.

Advance Return Defensive Multi-blend NEF’s total return last month was 0.13%. This was made up of a growth return of 0.13% and an income return of 0%. These returns were calculated as at 30 Apr 2006.

Advance Return Defensive Multi-blend NEF’s total return for the last three months was 1.73%. This was made up of a growth return of 1.73% and an income return of 0%%. These returns were calculated as at 30 Apr 2006.

Advance Return Defensive Multi-blend NEF’s one-year total return is 8.76%. This was made up of a growth return of 8.76% and an income return of 0%. These returns were calculated as at 30 Apr 2006.

Advance Return Defensive Multi-blend NEF’s one-year total return is 7.13%. This was made up of a growth return of 7.13% and an income return of 0%. These returns were calculated as at 30 Apr 2006.

The asset allocation of the Advance Return Defensive Multi-blend NEF managed fund is :

Australian Equities
15.60%
International Equities
7.50%
Cash
31.50%
Property & Infrastructure
5.20%
Fixed Interest
37.30%
Alternatives
2.90%

The Responsible Entity for the Advance Return Defensive Multi-blend NEF managed fund is Advance Asset Management Limited.

The Advance Return Defensive Multi-blend NEF managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Apr 2006, the size of the Advance Return Defensive Multi-blend NEF managed fund was $8.7 million.

The Advance Return Defensive Multi-blend NEF managed fund has an inception date of 1 Oct 1994.

The current entry price of the Advance Return Defensive Multi-blend NEF managed fund is $2.2155 per unit and the current exit price is $2.2155 per unit (as at 17 May 2006).

The current exit price of the Advance Return Defensive Multi-blend NEF managed fund is $2.2155 per unit and the current entry price is $2.2155 per unit (as at 17 May 2006).

The minimum initial investment amount for the Advance Return Defensive Multi-blend NEF managed fund is $1,500.

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.