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Fund Performance Comparison

This fund is benchmarked against the {{ }} index.

This fund's fees are: {{ mer | percentage:2 }}

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

{{ }} Average
Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2012)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -6.53 -6.32 5.14 -18.93 - - - -
Growth return -6.53 -6.32 5.14 -20.55 - - - -
Income return 0 0 0 1.62 - - - -

Market index (MSCI AC Golden Dragon NR AUD)

Total return 0.91 1.49 5.08 20.67 23.51 7.83 16.05 8.08

Asset Allocation (31 May 2012)

Australian Equities 0%
International Equities 97.78%
Cash 2.22%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

All Star Nomura China Fund - Ordinary
Ventura Investment Management Ltd
Equity Greater China
Not Rated
Investment Fund
21 May 2010
$0.62 million (as at 31 May 2012)
$0.8212 (as at 18 Jun 2012)
$0.8179 (as at 18 Jun 2012)

Objectives and Strategy

To provide long-term capital growth from exposure to a portfolio of actively managed equity securities listed in China or Hong Kong. The Fund aims to outperform a composite of 50% MSCI China Index and 50% MSCI Hong Kong Index.
The Fund invests predominantly in shares or unit trusts listed or expected to be listed on the Chinese or Hong Kong Securities Exchanges. A top down view is taken by the investment manager using proprietary models, which is then combined with bottom up detailed stock analysis. The portfolio generally results in 60 - 90 securities, with a bias to larger companies.

Offer information

Indirect Cost Ratio (ICR) - Estimated 1.91% (as at 30 Jun 2011) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $5,000.00

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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