All Star KFM Income - Managed Fund

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.

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 1.92 4.37 7.54 9.91 7.05 6.46 5.95 7.12
Growth return 1.92 0.56 2.64 1.92 0.32 -0.35 -0.75 1
Income return 0 3.81 4.9 7.99 6.73 6.81 6.7 6.12
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 1.51 3.54 7.53 11.2 7.46 4.68 5.3 6.12
As as 31 Aug 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

All Star KFM Income
Australian Equities
16.95%
Cash
5.04%
Property
24.70%
Fixed Interest
53.32%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.83%
Cash
7.63%
Property
0.07%
Fixed Interest
88.23%
International Equities
0.11%
Alternatives
0.13%

General Information

Fund Details
Type Description
All Star KFM Income
Equity Trustees Ltd
VEN0007AU
Multi-Strategy Income
starstarstarstarstar (as at 31 Aug 2019)
Investment Fund
12 Jul 2007
$18.37 million (as at 31 Jul 2019)
$0.8658 (as at 12 Sep 2019)
$0.8615 (as at 12 Sep 2019)
Fund Objective
To provide an income stream in excess of the 1-year Bank Bill Swap Rate (BBSW) which is the fund's benchmark. The fund is managed on an absolute basis and aims to produce a consistent return largely comprised of income generated from a diversified portfolio of liquid and Australian Securities Exchange ('ASX') listed securities, coupled with low volatility and some capital growth over time.
Fund Strategy
The Fund invests predominantly in high yielding securities listed on the ASX such as hybrid securities and corporate bonds (fixed and floating), unsecured fixed interest investments, property trusts, preference shares, utilities and infrastructure securities and high yielding ordinary shares, particularly bank shares, as well as government bonds and cash.
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.86% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0.97
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Aug 2019)

Holding (as at 31 Aug 2019) Type % of Portfolio
Charter Hall Long WALE REIT Equity 7.72%
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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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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81%^

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.25%
InvestSMART High Growth 9.13%
Intelligent Investor Equity Growth 8.98%
InvestSMART Diversified Property and Infrastructure 8.67%
Intelligent Investor Equity Income 8.64%
InvestSMART Growth 8.42%
InvestSMART Balanced 6.84%
InvestSMART Conservative 5.41%
InvestSMART Hybrid Income 5.37%
Intelligent Investor Australian Small Companies Fund 5.27%
InvestSMART Interest Income 3.90%

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