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  5. Antares Australian Resources - Managed fund profile

Antares Australian Resources - Managed Fund (Closed)

Fund Objective
The fund's objective is to outperform the S&P/ASX 300 Resources Accumulation Index by 2.5% over a rolling five year period by investing in a diversified portfolio of resources shares listed on the Australian Securities Exchange (ASX).
Fund Strategy
The fund's investment mix reflects a multi-sector approach, drawing together the best opportunities in the Oil/Energy, Metals/ Mining and Small Cap/Agricultural sectors. Weightings between sectors will vary depending on market conditions. The fund typically invests in between 20 and 30 resources companies that we believe are undervalued in the expectation they will move up to what we believe to be their fundamental value over the longer term.

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 -4.01% 6.62% 3.59% -20.94% -5.56% 7.44% -% -%
Growth return -4.27% 6.33% 3.3% -21.86% -6.28% 6.63% -% -%
Income return 0.26% 0.29% 0.29% 0.92% 0.72% 0.81% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 31 Mar 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Antares Australian Resources
Australian Equities
98.67%
Cash
1.33%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.57%
Cash
0.82%
International Equities
3.96%
Property
3.25%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
Antares Australian Resources
Closed
Antares Capital Partners Ltd
PPL0004AU
Equity Australia Other
Not Rated
Investment Fund
3 Mar 2008
$5.28 million (as at 31 Mar 2012)
$0.8536 (as at 26 Apr 2012)
$0.8502 (as at 26 Apr 2012)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.67% (as at 30 Jun 2011)
Performance fee (not included in ICR) 0.62
Minimum initial investment $20,000
Minimum additional investments $10,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Mar 2012)

Holding (as at 31 Mar 2012) Type % of Portfolio
BHP Billiton Ltd Equity 39.04%
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FAQs about the Antares Australian Resources

The objective of the Antares Australian Resources managed fund is The fund's objective is to outperform the S&P/ASX 300 Resources Accumulation Index by 2.5% over a rolling five year period by investing in a diversified portfolio of resources shares listed on the Australian Securities Exchange (ASX).

The strategy of the Antares Australian Resources managed fund is The fund's investment mix reflects a multi-sector approach, drawing together the best opportunities in the Oil/Energy, Metals/ Mining and Small Cap/Agricultural sectors. Weightings between sectors will vary depending on market conditions. The fund typically invests in between 20 and 30 resources companies that we believe are undervalued in the expectation they will move up to what we believe to be their fundamental value over the longer term.

The APIR code of the Antares Australian Resources managed fund is PPL0004AU.

Antares Australian Resources’s total return last month was -4.01%. This was made up of a growth return of -4.27% and an income return of 0.26%. These returns were calculated as at 31 Mar 2012.

Antares Australian Resources’s total return for the last three months was 6.62%. This was made up of a growth return of 6.33% and an income return of 0.29%%. These returns were calculated as at 31 Mar 2012.

Antares Australian Resources’s one-year total return is -20.94%. This was made up of a growth return of -21.86% and an income return of 0.92%. These returns were calculated as at 31 Mar 2012.

Antares Australian Resources’s one-year total return is 7.44%. This was made up of a growth return of 6.63% and an income return of 0.81%. These returns were calculated as at 31 Mar 2012.

The asset allocation of the Antares Australian Resources managed fund is :

Australian Equities
98.67%
Cash
1.33%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Antares Australian Resources managed fund is Antares Capital Partners Ltd.

The Antares Australian Resources managed fund belongs to the Equity Australia Other sector/asset class.

As at 31 Mar 2012, the size of the Antares Australian Resources managed fund was $5.28 million.

The Antares Australian Resources managed fund has an inception date of 3 Mar 2008.

The current entry price of the Antares Australian Resources managed fund is $0.8536 per unit and the current exit price is $0.8502 per unit (as at 26 Apr 2012).

The current exit price of the Antares Australian Resources managed fund is $0.8502 per unit and the current entry price is $0.8536 per unit (as at 26 Apr 2012).

The minimum initial investment amount for the Antares Australian Resources managed fund is $20,000. Minimum additional investment is $10000.

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.