InvestSMART

Australian Unity - Socially Responsible Sharemarket - Managed Fund (Closed)

Fund Objective
To provide capital growth and income, using a socially responsible investment (SRI) approach to equity investment. Suggested investment timeframe is more than 5 years. Current investment managers: Australian Ethical Investment and Westpac Financial Services Limited.
Fund Strategy
The Fund maintains exposure to Australian and international equities utilising the following recognised SRI styles: negative screens, positive screens, and best of sector. The Fund uses a 'multi-manager' approach which combines specialist SRI managers with different but complimentary investment styles. Asset allocation ranges: Australian shares 30-100%, international shares 0-45%, cash and short-term securities 0-25%.

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 -0.91% -1.42% 8.17% 7.96% -2.93% -% -% -%
Growth return -0.91% -1.42% 7.16% 6.29% -4.56% -% -% -%
Income return 0% 0% 1.01% 1.67% 1.63% -% -% -%
Market index (MSCI World NR AUD)
Total return 1.93% 6.07% 12.43% 22.73% 22.96% 22.47% 16.22% 13.08%
As at 30 Nov 2003. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Australian Unity - Socially Responsible Sharemarket
Australian Equities
64.81%
International Equities
28.80%
Cash
6.39%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.19%
International Equities
24.94%
Cash
11.67%
Property & Infrastructure
0.99%
Fixed Interest
4.82%
Alternatives
30.39%

General Information

Fund Details
Type Description
Australian Unity - Socially Responsible Sharemarket
Closed
Australian Unity Funds Management Ltd
AUS0104AU
Equity World / Australia
Not Rated
Investment Fund
31 Jan 2001
$0.11 million (as at 30 Nov 2003)
$0.8515 (as at 20 Feb 2004)
$0.8464 (as at 20 Feb 2004)
Finalised
Offer information
Type Description
MER 2.15% (as at 30 Jun 2003)
Minimum initial investment $1,000.00

FAQs about the Australian Unity - Socially Responsible Sharemarket

The objective of the Australian Unity - Socially Responsible Sharemarket managed fund is To provide capital growth and income, using a socially responsible investment (SRI) approach to equity investment. Suggested investment timeframe is more than 5 years. Current investment managers: Australian Ethical Investment and Westpac Financial Services Limited.

The strategy of the Australian Unity - Socially Responsible Sharemarket managed fund is The Fund maintains exposure to Australian and international equities utilising the following recognised SRI styles: negative screens, positive screens, and best of sector. The Fund uses a 'multi-manager' approach which combines specialist SRI managers with different but complimentary investment styles. Asset allocation ranges: Australian shares 30-100%, international shares 0-45%, cash and short-term securities 0-25%.

The APIR code of the Australian Unity - Socially Responsible Sharemarket managed fund is AUS0104AU.

Australian Unity - Socially Responsible Sharemarket’s total return last month was -0.91%. This was made up of a growth return of -0.91% and an income return of 0%. These returns were calculated as at 30 Nov 2003.

Australian Unity - Socially Responsible Sharemarket’s total return for the last three months was -1.42%. This was made up of a growth return of -1.42% and an income return of 0%%. These returns were calculated as at 30 Nov 2003.

Australian Unity - Socially Responsible Sharemarket’s one-year total return is 7.96%. This was made up of a growth return of 6.29% and an income return of 1.67%. These returns were calculated as at 30 Nov 2003.

Australian Unity - Socially Responsible Sharemarket’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 Nov 2003.

The asset allocation of the Australian Unity - Socially Responsible Sharemarket managed fund is :

Australian Equities
64.81%
International Equities
28.80%
Cash
6.39%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Australian Unity - Socially Responsible Sharemarket managed fund is Australian Unity Funds Management Ltd.

The Australian Unity - Socially Responsible Sharemarket managed fund belongs to the Equity World / Australia sector/asset class.

As at 30 Nov 2003, the size of the Australian Unity - Socially Responsible Sharemarket managed fund was $0.11 million.

The Australian Unity - Socially Responsible Sharemarket managed fund has an inception date of 31 Jan 2001.

The current entry price of the Australian Unity - Socially Responsible Sharemarket managed fund is $0.8515 per unit and the current exit price is $0.8464 per unit (as at 20 Feb 2004).

The current exit price of the Australian Unity - Socially Responsible Sharemarket managed fund is $0.8464 per unit and the current entry price is $0.8515 per unit (as at 20 Feb 2004).

The minimum initial investment amount for the Australian Unity - Socially Responsible Sharemarket managed fund is $1,000.

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.