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  5. ASSET AP - Stable Growth - Managed fund profile

ASSET AP - Stable Growth - Managed Fund (Closed)

Fund Objective
To achieve a rate of return (after tax and investment management fees) that exceeds CPI increases by at least 2.0% pa over rolling 4 year periods.
Fund Strategy
Benchmarks: Australian shares 13%, international shares 12%, property 5%, Australian bonds 30%, international bonds 20% and cash 20%. Total growth assets 30% and total interest-bearing assets 70%.

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 1.48% 4.61% 5.14% 11.9% 6.86% 6.7% 4.02% 6.09%
Growth return 1.48% 4.61% 5.14% 11.9% 6.86% 6.7% 4.02% 6.09%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 1.06% 2.87% 4.38% 7.21% 7.92% 6.66% 3.89% 4.5%
As at 30 Sep 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ASSET AP - Stable Growth
Australian Equities
10.45%
International Equities
6.80%
Cash
31.80%
Property & Infrastructure
6.60%
Fixed Interest
40.40%
Alternatives
3.95%
Average Allocation of Peers
Australian Equities
10.84%
International Equities
15.24%
Cash
15.01%
Property & Infrastructure
3.67%
Fixed Interest
49.61%
Alternatives
5.63%

General Information

Fund Details
Type Description
ASSET AP - Stable Growth
Closed
A.S.S.E.T. Limited
ASS0110AU
Multisector Moderate
starstarstarstar (as at 30 Sep 2012)
Allocated Pension
1 Jul 1995
$30 million (as at 30 Sep 2012)
$1.9571 (as at 19 Oct 2012)
$1.9571 (as at 19 Oct 2012)
Finalised
Offer information
Type Description
MER 0.26% (as at 30 Jun 2003)
Indirect Cost Ratio (ICR) 0.66% (as at 30 Jun 2012)
Minimum initial investment $20,000
Minimum redemption amount $1,000.00

FAQs about the ASSET AP - Stable Growth

The objective of the ASSET AP - Stable Growth managed fund is To achieve a rate of return (after tax and investment management fees) that exceeds CPI increases by at least 2.0% pa over rolling 4 year periods.

The strategy of the ASSET AP - Stable Growth managed fund is Benchmarks: Australian shares 13%, international shares 12%, property 5%, Australian bonds 30%, international bonds 20% and cash 20%. Total growth assets 30% and total interest-bearing assets 70%.

The APIR code of the ASSET AP - Stable Growth managed fund is ASS0110AU.

ASSET AP - Stable Growth’s total return last month was 1.48%. This was made up of a growth return of 1.48% and an income return of 0%. These returns were calculated as at 30 Sep 2012.

ASSET AP - Stable Growth’s total return for the last three months was 4.61%. This was made up of a growth return of 4.61% and an income return of 0%%. These returns were calculated as at 30 Sep 2012.

ASSET AP - Stable Growth’s one-year total return is 11.9%. This was made up of a growth return of 11.9% and an income return of 0%. These returns were calculated as at 30 Sep 2012.

ASSET AP - Stable Growth’s one-year total return is 6.7%. This was made up of a growth return of 6.7% and an income return of 0%. These returns were calculated as at 30 Sep 2012.

The asset allocation of the ASSET AP - Stable Growth managed fund is :

Australian Equities
10.45%
International Equities
6.80%
Cash
31.80%
Property & Infrastructure
6.60%
Fixed Interest
40.40%
Alternatives
3.95%

The Responsible Entity for the ASSET AP - Stable Growth managed fund is A.S.S.E.T. Limited.

The ASSET AP - Stable Growth managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Sep 2012, the size of the ASSET AP - Stable Growth managed fund was $30 million.

The ASSET AP - Stable Growth managed fund has an inception date of 1 Jul 1995.

The current entry price of the ASSET AP - Stable Growth managed fund is $1.9571 per unit and the current exit price is $1.9571 per unit (as at 19 Oct 2012).

The current exit price of the ASSET AP - Stable Growth managed fund is $1.9571 per unit and the current entry price is $1.9571 per unit (as at 19 Oct 2012).

The minimum initial investment amount for the ASSET AP - Stable Growth managed fund is $20,000.

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.