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  5. Aurora Sandringham Global Income Trust - Managed fund profile

Aurora Sandringham Global Income Trust - Managed Fund (Closed)

Fund Objective
The investment objective of the Trust is to provide investors with steady income returns after fees and expenses in excess of the benchmark UBS Australia Bank Bill Index over rolling three year periods while protecting their capital. Please note that while the Trust aims to achieve the objective the returns are not guaranteed.
Fund Strategy
To achieve the investment objective, the investment strategy of the Trust seeks to take advantage of companies the Investment Managers expect will increase in value relative to the market around the announcement of their quarterly, half-yearly and yearly earnings results while hedging their market and currency exposure.

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 -4.83% -4.62% -2.95% -1.56% 4.38% 5.34% -% -%
Growth return -4.83% -7% -7.75% -11.04% -5.66% -4.81% -% -%
Income return 0% 2.38% 4.8% 9.48% 10.04% 10.15% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 31 Jul 2011. 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
22.40%
Australian Equities
3.94%
International Equities
6.69%
Cash
44.85%
Property & Infrastructure
1.44%
Fixed Interest
20.69%

General Information

Fund Details
Type Description
Aurora Sandringham Global Income Trust
Closed
Equity Trustees Ltd
ETL0170AU
Alternative - Other
starstarstarstar (as at 31 Jul 2011)
Investment Fund
1 Jul 2008
$189.4 million (as at 31 May 2011)
$0.8674 (as at 26 Aug 2011)
$0.8674 (as at 26 Aug 2011)
Finalised
Offer information
Type Description
Standard entry fee 2.20%
Indirect Cost Ratio (ICR) 3.20% (as at 30 Jun 2009)
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

FAQs about the Aurora Sandringham Global Income Trust

The objective of the Aurora Sandringham Global Income Trust managed fund is The investment objective of the Trust is to provide investors with steady income returns after fees and expenses in excess of the benchmark UBS Australia Bank Bill Index over rolling three year periods while protecting their capital. Please note that while the Trust aims to achieve the objective the returns are not guaranteed.

The strategy of the Aurora Sandringham Global Income Trust managed fund is To achieve the investment objective, the investment strategy of the Trust seeks to take advantage of companies the Investment Managers expect will increase in value relative to the market around the announcement of their quarterly, half-yearly and yearly earnings results while hedging their market and currency exposure.

The APIR code of the Aurora Sandringham Global Income Trust managed fund is ETL0170AU.

Aurora Sandringham Global Income Trust’s total return last month was -4.83%. This was made up of a growth return of -4.83% and an income return of 0%. These returns were calculated as at 31 Jul 2011.

Aurora Sandringham Global Income Trust’s total return for the last three months was -4.62%. This was made up of a growth return of -7% and an income return of 2.38%%. These returns were calculated as at 31 Jul 2011.

Aurora Sandringham Global Income Trust’s one-year total return is -1.56%. This was made up of a growth return of -11.04% and an income return of 9.48%. These returns were calculated as at 31 Jul 2011.

Aurora Sandringham Global Income Trust’s one-year total return is 5.34%. This was made up of a growth return of -4.81% and an income return of 10.15%. These returns were calculated as at 31 Jul 2011.

The asset allocation of the Aurora Sandringham Global Income Trust managed fund is :

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

The Responsible Entity for the Aurora Sandringham Global Income Trust managed fund is Equity Trustees Ltd.

The Aurora Sandringham Global Income Trust managed fund belongs to the Alternative - Other sector/asset class.

As at 31 May 2011, the size of the Aurora Sandringham Global Income Trust managed fund was $189.4 million.

The Aurora Sandringham Global Income Trust managed fund has an inception date of 1 Jul 2008.

The current entry price of the Aurora Sandringham Global Income Trust managed fund is $0.8674 per unit and the current exit price is $0.8674 per unit (as at 26 Aug 2011).

The current exit price of the Aurora Sandringham Global Income Trust managed fund is $0.8674 per unit and the current entry price is $0.8674 per unit (as at 26 Aug 2011).

The minimum initial investment amount for the Aurora Sandringham Global Income Trust managed fund is $5,000. 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.