Amundi VAR8 Absolute Return - Managed Fund

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.

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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 -0.45 2.08 0.31 -0.69 8.99 6.2 - -
Growth return -0.45 2.08 0.31 -2.53 5.9 3.62 - -
Income return 0 0 0 1.84 3.09 2.58 - -
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.16 0.5 1 1.87 1.81 1.92 2.16 3.12
As as 31 Mar 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fixed Interest
64.92%
International Equities
18.37%
Cash
16.71%

General Information

Fund Details
Type Description
Amundi VAR8 Absolute Return (Wholesale)
Closed
Equity Trustees Ltd
ETL0147AU
Alternative Strategies
starstarstarstar (as at 31 Mar 2011)
Investment Fund
29 Jun 2007
$70.71 million (as at 31 Aug 2009)
$1.0093 (as at 20 Apr 2011)
$1.0073 (as at 20 Apr 2011)
Fund Objective
The Fund's objective is to outperform the Benchmark (ie Australian dollar 3 month BBSW) by 4% p.a. net of fees, over a minimum investment horizon of four years, while applying Ex-ante Value at Risk (VaR) checks.
Fund Strategy
The Fund's investment universe is broad and diversified and particularly includes: International bonds, both corporate and governmental, All currencies, Equities issued by a selection of emerging and developed countries, Positions maybe be held directly or indirectly ie through another management fund. The fund management team takes advantage of opportunities in fixed income, currency and equity markets using both strategic and tactical positions as well as arbitrage strategies.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.98% (as at 30 Jun 2009)
Minimum initial investment $50,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

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 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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76%*

Underperform the industry standard benchmarks

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
InvestSMART International Equities 12.60%
Intelligent Investor Equity Growth 12.50%
Intelligent Investor Equity Income 11.80%
InvestSMART Australian Small Companies Fund 10.15%
InvestSMART High Growth 9.51%
InvestSMART Core Growth 8.38%
InvestSMART Balanced 6.52%
InvestSMART Diversified Property and Infrastructure 5.75%
InvestSMART Hybrid Income 5.03%
InvestSMART Diversified Income 4.82%
InvestSMART Interest Income 2.29%

* Returns p.a. since inception after investment & admin fees

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