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Aviva Investors Prof Income Plus Growth - Managed Fund (Closed)

Fund Objective
To achieve a total return over the long-term greater than the benchmark whilst providing investors with regular income and a moderate level of capital growth. Recommended timeframe is 5 years. This fund was in the process of termination, it stopped pricing in August 2009.
Fund Strategy
Invests in Australian shares and fixed interest securities to achieve franked dividends and interest. The yield of the Trust's fixed income assets is enhanced by including less traditional securities such as convertible notes and preference shares. Asset allocation ranges (with benchmarks in brackets): Australian shares (40%), Australian fixed interest (60%), cash (0%). Where no range is shown, it is intended that the exposure at benchmark weighting is maintained.

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 2.74% 6.26% 4.7% -2.44% -6.47% -0.06% 3.55% 5.05%
Growth return 2.41% 5.06% 2.25% -8.39% -12.91% -6.78% -2.97% -1.42%
Income return 0.33% 1.2% 2.45% 5.95% 6.44% 6.72% 6.52% 6.47%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 0.47% 2.26% 5.93% 6.71% 9.26% 8% 4.02% 4.61%
As at 30 Jun 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Aviva Investors Prof Income Plus Growth
Australian Equities
37.82%
Cash
2.52%
Fixed Interest
59.66%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
10.78%
Cash
14.56%
Fixed Interest
50.33%
International Equities
15.07%
Property & Infrastructure
3.69%
Alternatives
5.56%

General Information

Fund Details
Type Description
Aviva Investors Prof Income Plus Growth
Closed
Antares Capital Partners Ltd
PPL0103AU
Multisector Moderate
starstarstar (as at 31 May 2009)
Investment Fund
31 Mar 1998
$32.95 million (as at 30 Jun 2009)
$0.8812 (as at 23 Jul 2009)
$0.8785 (as at 23 Jul 2009)
Finalised
Offer information
Type Description
MER 0.72% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 0.73% (as at 30 Jun 2009)
Minimum initial investment $40,000

FAQs about the Aviva Investors Prof Income Plus Growth

The objective of the Aviva Investors Prof Income Plus Growth managed fund is To achieve a total return over the long-term greater than the benchmark whilst providing investors with regular income and a moderate level of capital growth. Recommended timeframe is 5 years. This fund was in the process of termination, it stopped pricing in August 2009.

The strategy of the Aviva Investors Prof Income Plus Growth managed fund is Invests in Australian shares and fixed interest securities to achieve franked dividends and interest. The yield of the Trust's fixed income assets is enhanced by including less traditional securities such as convertible notes and preference shares. Asset allocation ranges (with benchmarks in brackets): Australian shares (40%), Australian fixed interest (60%), cash (0%). Where no range is shown, it is intended that the exposure at benchmark weighting is maintained.

The APIR code of the Aviva Investors Prof Income Plus Growth managed fund is PPL0103AU.

Aviva Investors Prof Income Plus Growth’s total return last month was 2.74%. This was made up of a growth return of 2.41% and an income return of 0.33%. These returns were calculated as at 30 Jun 2009.

Aviva Investors Prof Income Plus Growth’s total return for the last three months was 6.26%. This was made up of a growth return of 5.06% and an income return of 1.2%%. These returns were calculated as at 30 Jun 2009.

Aviva Investors Prof Income Plus Growth’s one-year total return is -2.44%. This was made up of a growth return of -8.39% and an income return of 5.95%. These returns were calculated as at 30 Jun 2009.

Aviva Investors Prof Income Plus Growth’s one-year total return is -0.06%. This was made up of a growth return of -6.78% and an income return of 6.72%. These returns were calculated as at 30 Jun 2009.

The asset allocation of the Aviva Investors Prof Income Plus Growth managed fund is :

Australian Equities
37.82%
Cash
2.52%
Fixed Interest
59.66%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Aviva Investors Prof Income Plus Growth managed fund is Antares Capital Partners Ltd.

The Aviva Investors Prof Income Plus Growth managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Jun 2009, the size of the Aviva Investors Prof Income Plus Growth managed fund was $32.95 million.

The Aviva Investors Prof Income Plus Growth managed fund has an inception date of 31 Mar 1998.

The current entry price of the Aviva Investors Prof Income Plus Growth managed fund is $0.8812 per unit and the current exit price is $0.8785 per unit (as at 23 Jul 2009).

The current exit price of the Aviva Investors Prof Income Plus Growth managed fund is $0.8785 per unit and the current entry price is $0.8812 per unit (as at 23 Jul 2009).

The minimum initial investment amount for the Aviva Investors Prof Income Plus Growth managed fund is $40,000.

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.