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  5. ANZ Discovery Asia - Managed fund profile

ANZ Discovery Asia - Managed Fund (Closed)

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.

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 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 0.36% 1.07% 2.15% 4.21% 3.33% 2.23% 1.56% 1.82%
As at 31 May 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ANZ Discovery Asia
Cash
0.33%
Fixed Interest
99.67%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
46.42%
Fixed Interest
15.60%
Australian Equities
5.98%
International Equities
9.98%
Property
2.07%
Alternatives
19.95%

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)
Finalised
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

FAQs about the ANZ Discovery Asia

The objective of the ANZ Discovery Asia managed fund is 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.

The strategy of the ANZ Discovery Asia managed fund is 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.

The APIR code of the ANZ Discovery Asia managed fund is HFL0013AU.

ANZ Discovery Asia’s total return last month was 0.05%. This was made up of a growth return of 0.05% and an income return of 0%. These returns were calculated as at 31 May 2014.

ANZ Discovery Asia’s total return for the last three months was 0.28%. This was made up of a growth return of 0.28% and an income return of 0%%. These returns were calculated as at 31 May 2014.

ANZ Discovery Asia’s one-year total return is 1.79%. This was made up of a growth return of 1.79% and an income return of 0%. These returns were calculated as at 31 May 2014.

ANZ Discovery Asia’s one-year total return is 6.1%. This was made up of a growth return of 6.1% and an income return of 0%. These returns were calculated as at 31 May 2014.

The asset allocation of the ANZ Discovery Asia managed fund is :

Cash
0.33%
Fixed Interest
99.67%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the ANZ Discovery Asia managed fund is Certitude Global Investments Ltd.

The ANZ Discovery Asia managed fund belongs to the Miscellaneous sector/asset class.

As at 31 May 2014, the size of the ANZ Discovery Asia managed fund was $4.17 million.

The ANZ Discovery Asia managed fund has an inception date of 30 Jun 2008.

The current entry price of the ANZ Discovery Asia managed fund is $ per unit and the current exit price is $0.96083 per unit (as at 31 May 2014).

The current exit price of the ANZ Discovery Asia managed fund is $0.96083 per unit and the current entry price is $ per unit (as at 31 May 2014).

The minimum initial investment amount for the ANZ Discovery Asia managed fund is $10,000. Minimum additional investment is $1000.

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.