InvestSMART

AJ - Monthly Income Fund - Managed Fund (Closed)

Fund Objective
A fixed interest trust aiming to provide investors with regular income from an actively managed portfolio of interest bearing securities.
Fund Strategy
The investment strategy of the Monthly Income Fund is to concentrate on a range of income-earning assets including fixed interest securities and money market investments.

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 1.3% 0.05% 3.62% 10.45% 6.56% 5.57% -% -%
Growth return 0% -2.38% -0.6% 2.21% -0.41% -1.43% -% -%
Income return 1.3% 2.43% 4.22% 8.24% 6.97% 7% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.21% -1.29% -0.51% 3.2% 3.05% 2.85% -0.31% 1.93%
As at 30 Apr 1996. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Fixed Interest
91.03%
Australian Equities
0.58%
International Equities
0%
Cash
8.05%
Property & Infrastructure
0.12%
Alternatives
0.21%

General Information

Fund Details
Type Description
AJ - Monthly Income Fund
Closed
Mercantile Mutual Funds Mgmt Aus Ltd
AJF0011AU
Bonds - Australia
Not Rated
Investment Fund
5 Mar 1993
$1.1 million (as at 31 Mar 1996)
$0.954 (as at 30 Apr 1996)
$0.954 (as at 30 Apr 1996)
Finalised
Offer information
Type Description
MER 1.70% (as at 30 Jun 1995)
Minimum initial investment $1,000.00
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FAQs about the AJ - Monthly Income Fund

The objective of the AJ - Monthly Income Fund managed fund is A fixed interest trust aiming to provide investors with regular income from an actively managed portfolio of interest bearing securities.

The strategy of the AJ - Monthly Income Fund managed fund is The investment strategy of the Monthly Income Fund is to concentrate on a range of income-earning assets including fixed interest securities and money market investments.

The APIR code of the AJ - Monthly Income Fund managed fund is AJF0011AU.

AJ - Monthly Income Fund’s total return last month was 1.3%. This was made up of a growth return of 0% and an income return of 1.3%. These returns were calculated as at 30 Apr 1996.

AJ - Monthly Income Fund’s total return for the last three months was 0.05%. This was made up of a growth return of -2.38% and an income return of 2.43%%. These returns were calculated as at 30 Apr 1996.

AJ - Monthly Income Fund’s one-year total return is 10.45%. This was made up of a growth return of 2.21% and an income return of 8.24%. These returns were calculated as at 30 Apr 1996.

AJ - Monthly Income Fund’s one-year total return is 5.57%. This was made up of a growth return of -1.43% and an income return of 7%. These returns were calculated as at 30 Apr 1996.

The asset allocation of the AJ - Monthly Income Fund managed fund is :

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

The Responsible Entity for the AJ - Monthly Income Fund managed fund is Mercantile Mutual Funds Mgmt Aus Ltd.

The AJ - Monthly Income Fund managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Mar 1996, the size of the AJ - Monthly Income Fund managed fund was $1.1 million.

The AJ - Monthly Income Fund managed fund has an inception date of 5 Mar 1993.

The current entry price of the AJ - Monthly Income Fund managed fund is $0.954 per unit and the current exit price is $0.954 per unit (as at 30 Apr 1996).

The current exit price of the AJ - Monthly Income Fund managed fund is $0.954 per unit and the current entry price is $0.954 per unit (as at 30 Apr 1996).

The minimum initial investment amount for the AJ - Monthly Income Fund managed fund is $1,000.

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.