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  5. Generation iShares Hedged International Equities Index - Managed fund profile

Generation iShares Hedged International Equities Index - Managed Fund

Fund Objective
The Fund aims to provide investors with the performance of the market, before fees and the cost of hedging, as measured by the MSCI World ex Australia IndexSM (hedged in AUD with net dividends reinvested) (the 'Index').
Fund Strategy
The Fund aims to provide investors with the performance of the market, before fees and the cost of hedging, as measured by the MSCI World ex-Australia Net TR Index (hedged in AUD) (index). To achieve its investment objective the Fund invests in units of the iShares Wholesale International Equity Index Fund (underlying fund), another fund managed by the company that has the same (unhedged) investment strategy as the Fund. The Fund also invests in currency forward contacts, which are used to implement the passive currency hedge.

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 2.77% 8.26% 16.3% 19.82% 6.31% 6.69% 8.22% 7.13%
Growth return 2.77% 8.26% 16.3% 19.82% 6.31% 6.69% 8.22% 7.13%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generation iShares Hedged International Equities Index
International Equities
95.18%
Cash
3.72%
Property
1.10%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
97.97%
Cash
0.73%
Property
0.62%
Australian Equities
0.11%
Fixed Interest
0%
Alternatives
0.56%

General Information

Fund Details
Type Description
Generation iShares Hedged International Equities Index
Austock Life Limited
ALL0020AU
Equity World - Currency Hedged
starstarstarstarstar (as at 31 Jan 2024)
Investment Fund
13 Aug 2004
$78.49 million (as at 28 Mar 2024)
$3.2881 (as at 17 Apr 2024)
$3.2845 (as at 17 Apr 2024)
Open
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 0.70% (as at 30 Jun 2021)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500.00
Minimum additional investments $1,000.00
Minimum redemption amount

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
Microsoft Corp Equity 4.73%
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FAQs about the Generation iShares Hedged International Equities Index

The objective of the Generation iShares Hedged International Equities Index managed fund is The Fund aims to provide investors with the performance of the market, before fees and the cost of hedging, as measured by the MSCI World ex Australia IndexSM (hedged in AUD with net dividends reinvested) (the 'Index').

The strategy of the Generation iShares Hedged International Equities Index managed fund is The Fund aims to provide investors with the performance of the market, before fees and the cost of hedging, as measured by the MSCI World ex-Australia Net TR Index (hedged in AUD) (index). To achieve its investment objective the Fund invests in units of the iShares Wholesale International Equity Index Fund (underlying fund), another fund managed by the company that has the same (unhedged) investment strategy as the Fund. The Fund also invests in currency forward contacts, which are used to implement the passive currency hedge.

The APIR code of the Generation iShares Hedged International Equities Index managed fund is ALL0020AU.

Generation iShares Hedged International Equities Index’s total return last month was 2.77%. This was made up of a growth return of 2.77% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Generation iShares Hedged International Equities Index’s total return for the last three months was 8.26%. This was made up of a growth return of 8.26% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Generation iShares Hedged International Equities Index’s one-year total return is 19.82%. This was made up of a growth return of 19.82% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Generation iShares Hedged International Equities Index’s one-year total return is 6.69%. This was made up of a growth return of 6.69% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Generation iShares Hedged International Equities Index managed fund is :

International Equities
95.18%
Cash
3.72%
Property
1.10%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Generation iShares Hedged International Equities Index managed fund is Austock Life Limited.

The Generation iShares Hedged International Equities Index managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 28 Mar 2024, the size of the Generation iShares Hedged International Equities Index managed fund was $78.49 million.

The Generation iShares Hedged International Equities Index managed fund has an inception date of 13 Aug 2004.

The current entry price of the Generation iShares Hedged International Equities Index managed fund is $3.2881 per unit and the current exit price is $3.2845 per unit (as at 17 Apr 2024).

The current exit price of the Generation iShares Hedged International Equities Index managed fund is $3.2845 per unit and the current entry price is $3.2881 per unit (as at 17 Apr 2024).

The minimum initial investment amount for the Generation iShares Hedged International Equities Index managed fund is $500. 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.