InvestSMART

BT Global Macro - Managed Fund (Closed)

Fund Objective
The Fund aims to provide a return (before fees, costs and taxes) that outperforms the UBS Bank Bill Index over the medium to long term through exposure to quantitative global macro strategies.
Fund Strategy
The BT Global Macro Fund is an actively managed fund comprising a set of absolute return strategies across fixed income, equities, currency and others.

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 0.5% 1.52% 0.92% 0.89% -1.13% 1.93% -% -%
Growth return 0.5% 1.52% 0.67% 0.64% -3.42% -0.97% -% -%
Income return 0% 0% 0.25% 0.25% 2.29% 2.9% -% -%
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 Nov 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BT Global Macro
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
21.95%
Australian Equities
3.95%
International Equities
6.74%
Cash
44.74%
Property & Infrastructure
1.87%
Fixed Interest
20.76%

General Information

Fund Details
Type Description
BT Global Macro
Closed
BT Investment Management Ltd
BTA0314AU
Alternative - Other
starstar (as at 31 Dec 2012)
Investment Fund
11 Aug 2008
$20.23 million (as at 31 Oct 2012)
$0.9542 (as at 17 Dec 2012)
$0.9538 (as at 17 Dec 2012)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.20% (as at 30 Jun 2012)
Minimum initial investment $25,000
Minimum redemption amount

FAQs about the BT Global Macro

The objective of the BT Global Macro managed fund is The Fund aims to provide a return (before fees, costs and taxes) that outperforms the UBS Bank Bill Index over the medium to long term through exposure to quantitative global macro strategies.

The strategy of the BT Global Macro managed fund is The BT Global Macro Fund is an actively managed fund comprising a set of absolute return strategies across fixed income, equities, currency and others.

The APIR code of the BT Global Macro managed fund is BTA0314AU.

BT Global Macro’s total return last month was 0.5%. This was made up of a growth return of 0.5% and an income return of 0%. These returns were calculated as at 30 Nov 2012.

BT Global Macro’s total return for the last three months was 1.52%. This was made up of a growth return of 1.52% and an income return of 0%%. These returns were calculated as at 30 Nov 2012.

BT Global Macro’s one-year total return is 0.89%. This was made up of a growth return of 0.64% and an income return of 0.25%. These returns were calculated as at 30 Nov 2012.

BT Global Macro’s one-year total return is 1.93%. This was made up of a growth return of -0.97% and an income return of 2.9%. These returns were calculated as at 30 Nov 2012.

The asset allocation of the BT Global Macro managed fund is :

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

The Responsible Entity for the BT Global Macro managed fund is BT Investment Management Ltd.

The BT Global Macro managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Oct 2012, the size of the BT Global Macro managed fund was $20.23 million.

The BT Global Macro managed fund has an inception date of 11 Aug 2008.

The current entry price of the BT Global Macro managed fund is $0.9542 per unit and the current exit price is $0.9538 per unit (as at 17 Dec 2012).

The current exit price of the BT Global Macro managed fund is $0.9538 per unit and the current entry price is $0.9542 per unit (as at 17 Dec 2012).

The minimum initial investment amount for the BT Global Macro managed fund is $25,000.

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.