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  5. BT Tax Effective Income Wholesale - Managed fund profile

BT Tax Effective Income Wholesale - Managed Fund (Closed)

Fund Objective
The Fund aims to provide a regular tax effective income as well as some capital growth over the long term to keep pace with inflation.
Fund Strategy
The Fund is an actively managed diversified portfolio that invests in Australian shares, Australian property securities, Australian fixed interest, cash and alternative investments that offer attractive income streams.

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 1.1% 3.36% 3.66% 1.44% 3.5% 9.85% 0.1% 6.77%
Growth return 0.79% 2.4% 1.73% -4.06% -0.8% 5.64% -8.73% -3.31%
Income return 0.31% 0.96% 1.93% 5.5% 4.3% 4.21% 8.83% 10.08%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 2.5% 5.98% 13.05% 14.32% 6.19% 6.56% 7.27% 7.68%
As at 29 Feb 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BT Tax Effective Income Wholesale
Australian Equities
46.16%
Cash
5.24%
Property
12.79%
Fixed Interest
31.78%
Alternatives
4.03%
International Equities
0%
Average Allocation of Peers
Australian Equities
27.49%
Cash
6.64%
Property
6.78%
Fixed Interest
21.86%
Alternatives
4.24%
International Equities
32.99%

General Information

Fund Details
Type Description
BT Tax Effective Income Wholesale (Wholesale)
Closed
BT Investment Management Ltd
RFA0102AU
Multisector Growth
starstarstarstar (as at 29 Feb 2012)
Investment Fund
19 Oct 1999
$5.61 million (as at 29 Feb 2012)
$0.8168 (as at 27 Mar 2012)
$0.814 (as at 27 Mar 2012)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2011)
Minimum initial investment $25,000
Minimum redemption amount

FAQs about the BT Tax Effective Income Wholesale

The objective of the BT Tax Effective Income Wholesale managed fund is The Fund aims to provide a regular tax effective income as well as some capital growth over the long term to keep pace with inflation.

The strategy of the BT Tax Effective Income Wholesale managed fund is The Fund is an actively managed diversified portfolio that invests in Australian shares, Australian property securities, Australian fixed interest, cash and alternative investments that offer attractive income streams.

The APIR code of the BT Tax Effective Income Wholesale managed fund is RFA0102AU.

BT Tax Effective Income Wholesale’s total return last month was 1.1%. This was made up of a growth return of 0.79% and an income return of 0.31%. These returns were calculated as at 29 Feb 2012.

BT Tax Effective Income Wholesale’s total return for the last three months was 3.36%. This was made up of a growth return of 2.4% and an income return of 0.96%%. These returns were calculated as at 29 Feb 2012.

BT Tax Effective Income Wholesale’s one-year total return is 1.44%. This was made up of a growth return of -4.06% and an income return of 5.5%. These returns were calculated as at 29 Feb 2012.

BT Tax Effective Income Wholesale’s one-year total return is 9.85%. This was made up of a growth return of 5.64% and an income return of 4.21%. These returns were calculated as at 29 Feb 2012.

The asset allocation of the BT Tax Effective Income Wholesale managed fund is :

Australian Equities
46.16%
Cash
5.24%
Property
12.79%
Fixed Interest
31.78%
Alternatives
4.03%
International Equities
0%

The Responsible Entity for the BT Tax Effective Income Wholesale managed fund is BT Investment Management Ltd.

The BT Tax Effective Income Wholesale managed fund belongs to the Multisector Growth sector/asset class.

As at 29 Feb 2012, the size of the BT Tax Effective Income Wholesale managed fund was $5.61 million.

The BT Tax Effective Income Wholesale managed fund has an inception date of 19 Oct 1999.

The current entry price of the BT Tax Effective Income Wholesale managed fund is $0.8168 per unit and the current exit price is $0.814 per unit (as at 27 Mar 2012).

The current exit price of the BT Tax Effective Income Wholesale managed fund is $0.814 per unit and the current entry price is $0.8168 per unit (as at 27 Mar 2012).

The minimum initial investment amount for the BT Tax Effective Income Wholesale 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.