InvestSMART

AXA - FIP - Multi_Manager Growth - Managed Fund (Closed)

Fund Objective
To provide a return (net of investment tax and investment management costs) over a rolling 5 year period, that exceeds the return from published benchmarks for each asset class1 and is competitive with comparable funds that have similar risk characteristics and allocation to growth assets of 80% to 90%.
Fund Strategy
To invest in a diversified mix of primarily growth assets such as equities and property. Growth assets will have a benchmark allocation of 85% with the balance in defensive assets such as cash and fixed interest. To invest using a range of complementary specialist investment managers.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0% 0% 0% 0% -% -% -% -%
Growth return 0% 0% 0% 0% -% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 4.51% 0.77% 0.84% 14.94% 12.67% 12.64% 9.02% 10.05%
As at 31 Oct 2005. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AXA - FIP - Multi_Manager Growth
Australian Equities
40.84%
International Equities
40.40%
Cash
9.12%
Property & Infrastructure
0%
Fixed Interest
7.34%
Alternatives
2.29%
Average Allocation of Peers
Australian Equities
34.53%
International Equities
48.40%
Cash
2.09%
Property & Infrastructure
4.86%
Fixed Interest
5.91%
Alternatives
4.20%

General Information

Fund Details
Type Description
AXA - FIP - Multi_Manager Growth
Closed
NML0472AU
Multisector Aggressive
Not Rated
Allocated Pension
16 Feb 2004
n/a
n/a
$10 (as at 10 Nov 2005)
Finalised
Offer information
Type Description
Minimum initial investment $5,000.00
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the AXA - FIP - Multi_Manager Growth

The objective of the AXA - FIP - Multi_Manager Growth managed fund is To provide a return (net of investment tax and investment management costs) over a rolling 5 year period, that exceeds the return from published benchmarks for each asset class1 and is competitive with comparable funds that have similar risk characteristics and allocation to growth assets of 80% to 90%.

The strategy of the AXA - FIP - Multi_Manager Growth managed fund is To invest in a diversified mix of primarily growth assets such as equities and property. Growth assets will have a benchmark allocation of 85% with the balance in defensive assets such as cash and fixed interest. To invest using a range of complementary specialist investment managers.

The APIR code of the AXA - FIP - Multi_Manager Growth managed fund is NML0472AU.

AXA - FIP - Multi_Manager Growth’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 31 Oct 2005.

AXA - FIP - Multi_Manager Growth’s total return for the last three months was 0%. This was made up of a growth return of 0% and an income return of 0%%. These returns were calculated as at 31 Oct 2005.

AXA - FIP - Multi_Manager Growth’s one-year total return is 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 31 Oct 2005.

AXA - FIP - Multi_Manager Growth’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 31 Oct 2005.

The asset allocation of the AXA - FIP - Multi_Manager Growth managed fund is :

Australian Equities
40.84%
International Equities
40.40%
Cash
9.12%
Property & Infrastructure
0%
Fixed Interest
7.34%
Alternatives
2.29%

The AXA - FIP - Multi_Manager Growth managed fund belongs to the Multisector Aggressive sector/asset class.

As at , the size of the AXA - FIP - Multi_Manager Growth managed fund was $ million.

The AXA - FIP - Multi_Manager Growth managed fund has an inception date of 16 Feb 2004.

The current entry price of the AXA - FIP - Multi_Manager Growth managed fund is $ per unit and the current exit price is $10 per unit (as at 10 Nov 2005).

The current exit price of the AXA - FIP - Multi_Manager Growth managed fund is $10 per unit and the current entry price is $ per unit (as at 10 Nov 2005).

The minimum initial investment amount for the AXA - FIP - Multi_Manager Growth managed fund is $5,000.

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.