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  5. Ascend Funds Escalation Fund - Managed fund profile

Ascend Funds Escalation Fund - Managed Fund (Closed)

Fund Objective
Ascend will seek to identify investment opportunities not generally available to the general market. Ascend's objective is to achieve capital growth over the medium to long term in excess of the S&P/ASX Small Ordinaries Index
Fund Strategy
Ascend's investment strategy is to invest into unlisted companies before the general market has realised their full investment potential. In this way, the Ascend Seed Capital fund will provide investors with the opportunity to gain value from the company's development through equity investment and subsequently through an initial public offering and listing on an exchange.

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 5.08% 3.38% 5.39% -% -% -% -% -%
Growth return 5.08% 3.38% 3.91% -% -% -% -% -%
Income return 0% 0% 1.48% -% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.94% 1.97% 4.22% 4.27% 3.91% 2.4% 2.03%
As at 30 Sep 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
24.31%
Australian Equities
3.92%
International Equities
8.05%
Cash
24.21%
Property & Infrastructure
2.31%
Fixed Interest
37.20%

General Information

Fund Details
Type Description
Ascend Funds Escalation Fund
Closed
Ascend Asset Management Limited
COL0009AU
Miscellaneous
Not Rated
Investment Fund
21 Dec 2007
$1.24 million (as at 31 May 2008)
$1.0668 (as at 20 Oct 2008)
$1.0604 (as at 20 Oct 2008)
Finalised
Offer information
Type Description
Minimum initial investment $2,000.00

FAQs about the Ascend Funds Escalation Fund

The objective of the Ascend Funds Escalation Fund managed fund is Ascend will seek to identify investment opportunities not generally available to the general market. Ascend's objective is to achieve capital growth over the medium to long term in excess of the S&P/ASX Small Ordinaries Index

The strategy of the Ascend Funds Escalation Fund managed fund is Ascend's investment strategy is to invest into unlisted companies before the general market has realised their full investment potential. In this way, the Ascend Seed Capital fund will provide investors with the opportunity to gain value from the company's development through equity investment and subsequently through an initial public offering and listing on an exchange.

The APIR code of the Ascend Funds Escalation Fund managed fund is COL0009AU.

Ascend Funds Escalation Fund’s total return last month was 5.08%. This was made up of a growth return of 5.08% and an income return of 0%. These returns were calculated as at 30 Sep 2008.

Ascend Funds Escalation Fund’s total return for the last three months was 3.38%. This was made up of a growth return of 3.38% and an income return of 0%%. These returns were calculated as at 30 Sep 2008.

Ascend Funds Escalation Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2008.

Ascend Funds Escalation Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2008.

The asset allocation of the Ascend Funds Escalation Fund managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Ascend Funds Escalation Fund managed fund is Ascend Asset Management Limited.

The Ascend Funds Escalation Fund managed fund belongs to the Miscellaneous sector/asset class.

As at 31 May 2008, the size of the Ascend Funds Escalation Fund managed fund was $1.24 million.

The Ascend Funds Escalation Fund managed fund has an inception date of 21 Dec 2007.

The current entry price of the Ascend Funds Escalation Fund managed fund is $1.0668 per unit and the current exit price is $1.0604 per unit (as at 20 Oct 2008).

The current exit price of the Ascend Funds Escalation Fund managed fund is $1.0604 per unit and the current entry price is $1.0668 per unit (as at 20 Oct 2008).

The minimum initial investment amount for the Ascend Funds Escalation Fund managed fund is $2,000.

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.