InvestSMART

Blue Sky Retirement Living Corinda - Managed Fund

Fund Objective
The Retirement Living Corinda Fund is targeting 20% Internal Rate of Return (IRR) (pre-tax but net of all fees) and a targeted ROE of 130% .
Fund Strategy
The Blue Sky Retirement Living Corinda* Fund ('Fund') presents investors with the opportunity to participate in a project to develop architecturally designed, 'vertical', medium rise, purpose-built retirement living apartments in inner metropolitan Brisbane. These types of retirement villages are a relatively new form of retirement living facility. The development is located at 260 Cliveden Ave in Corinda ('Property'), situated 12 km south west of the Brisbane CBD.

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 -% -% -% 16% -% -% -% -%
Growth return 0% 16% 16% 16% -% -% -% -%
Income return -% -% -% 0% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 30 Jun 2018. 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
20.29%
Australian Equities
3.92%
International Equities
7.25%
Cash
46.29%
Property & Infrastructure
1.84%
Fixed Interest
20.41%

General Information

Fund Details
Type Description
Blue Sky Retirement Living Corinda (Wholesale)
Blue Sky Private Equity Limited
BSP0038AU
Miscellaneous
Not Rated
Investment Fund
11 Nov 2016
n/a
$1.45 (as at 30 Jun 2018)
$1.45 (as at 30 Jun 2018)
Open
Offer information
Type Description
Minimum initial investment $50,000
Minimum additional investments $10,000.00

FAQs about the Blue Sky Retirement Living Corinda

The objective of the Blue Sky Retirement Living Corinda managed fund is The Retirement Living Corinda Fund is targeting 20%+ Internal Rate of Return (IRR) (pre-tax but net of all fees) and a targeted ROE of 130%+.

The strategy of the Blue Sky Retirement Living Corinda managed fund is The Blue Sky Retirement Living Corinda* Fund ('Fund') presents investors with the opportunity to participate in a project to develop architecturally designed, 'vertical', medium rise, purpose-built retirement living apartments in inner metropolitan Brisbane. These types of retirement villages are a relatively new form of retirement living facility. The development is located at 260 Cliveden Ave in Corinda ('Property'), situated 12 km south west of the Brisbane CBD.

The APIR code of the Blue Sky Retirement Living Corinda managed fund is BSP0038AU.

Blue Sky Retirement Living Corinda’s total return last month was -%. This was made up of a growth return of 0% and an income return of -%. These returns were calculated as at 30 Jun 2018.

Blue Sky Retirement Living Corinda’s total return for the last three months was -%. This was made up of a growth return of 16% and an income return of -%%. These returns were calculated as at 30 Jun 2018.

Blue Sky Retirement Living Corinda’s one-year total return is 16%. This was made up of a growth return of 16% and an income return of 0%. These returns were calculated as at 30 Jun 2018.

Blue Sky Retirement Living Corinda’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 Jun 2018.

The asset allocation of the Blue Sky Retirement Living Corinda managed fund is :

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

The Responsible Entity for the Blue Sky Retirement Living Corinda managed fund is Blue Sky Private Equity Limited.

The Blue Sky Retirement Living Corinda managed fund belongs to the Miscellaneous sector/asset class.

As at , the size of the Blue Sky Retirement Living Corinda managed fund was $ million.

The Blue Sky Retirement Living Corinda managed fund has an inception date of 11 Nov 2016.

The current entry price of the Blue Sky Retirement Living Corinda managed fund is $1.45 per unit and the current exit price is $1.45 per unit (as at 30 Jun 2018).

The current exit price of the Blue Sky Retirement Living Corinda managed fund is $1.45 per unit and the current entry price is $1.45 per unit (as at 30 Jun 2018).

The minimum initial investment amount for the Blue Sky Retirement Living Corinda managed fund is $50,000. Minimum additional investment is $10000.

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.