ANZ Discovery Asia - 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 0.05 0.28 1.19 1.79 2.43 6.1 5.61 -
Growth return 0.05 0.28 1.19 1.79 2.43 6.1 5.61 -
Income return 0 0 0 0 0 0 0 -
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.16 0.49 1 1.89 1.82 1.92 2.15 3.08
As as 31 May 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fixed Interest
99.67%
Cash
0.33%

General Information

Fund Details
Type Description
ANZ Discovery Asia
Closed
Certitude Global Investments Ltd
HFL0013AU
Miscellaneous
Not Rated
Investment Fund
30 Jun 2008
$4.17 million (as at 31 May 2014)
n/a
$0.96083 (as at 31 May 2014)
Fund Objective
The main objectives of the fund are 1) To provide investors with enhanced exposure to the performance of a diversified portfolio of Asian focused absolute return funds whilst preserving capital. 2) Through the dynamic management process, preserve the value of capital invested as at the maturity date of the fund and 3) to generate capital appreciation over the life of the fund.
Fund Strategy
The investments of the Fund may include: the Swap, cash and cash equivalent investments. The Swap is designed to provide the Fund with preservation of capital, together with leveraged exposure of potentially up to 2 times the performance of Class B Shares in Lighthouse Asian Strategies Fund Limited (Underlying Fund). That is, for every dollar that is invested in the Swap, the Fund will potentially be entitled to returns as if it had invested up to two dollars directly into the Underlying Fund.
Offer information
Type Description
Standard entry fee 3%
Indirect Cost Ratio (ICR) 1.01% (as at 30 Jun 2013)
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

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 12.56%
Intelligent Investor Equity Growth 11.69%
Intelligent Investor Equity Income 11.23%
InvestSMART Australian Small Companies Fund 10.48%
InvestSMART High Growth 9.26%
InvestSMART Core Growth 8.12%
InvestSMART Balanced 6.28%
InvestSMART Hybrid Income 4.75%
InvestSMART Diversified Property and Infrastructure 4.66%
InvestSMART Diversified Income 4.63%
InvestSMART Interest Income 2.06%

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

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