InvestSMART

CAAM AI Diversified Fund - Managed Fund (Closed)

Fund Objective
The Fund aims to deliver an annualised net performance of 5% over capitalised 1 month LIBOR, independently of market conditions over a 5 year horizon.
Fund Strategy
The Fund seeks to meet its investment objective by allocating its assets among several 'alternative' or 'non-traditional' investments that CAAM AI, Ltd. Determines to be the most attractive on a risk-reward basis. Investment strategies may include: fixed income and convertible bond arbitrage, event-driven, credit-arbitrage, capital structure arbitrage, other types of arbitrage, high yield/distressed securities, long/short equity, global macro trading and systematic trading.

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 0.45% 1.39% -% -% -% -% -% -%
Growth return 0.45% 1.39% -% -% -% -% -% -%
Income return 0% 0% -% -% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 0.96% 1.88% 3.76% 4.06% 4.11% 2.96% 2.14%
As at 29 Feb 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

CAAM AI Diversified Fund
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
55.63%
Australian Equities
4.92%
International Equities
2.98%
Property & Infrastructure
1.98%
Fixed Interest
15.73%
Alternatives
18.77%

General Information

Fund Details
Type Description
CAAM AI Diversified Fund (Wholesale)
Closed
Equity Trustees Ltd
ETL0154AU
Alternative - Other
Not Rated
Investment Fund
8 Nov 2007
n/a
$1.0225 (as at 30 Sep 2008)
$1.0225 (as at 30 Sep 2008)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0% (as at 30 Jun 2008) (Estimated)
Minimum initial investment $50,000
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FAQs about the CAAM AI Diversified Fund

The objective of the CAAM AI Diversified Fund managed fund is The Fund aims to deliver an annualised net performance of 5% over capitalised 1 month LIBOR, independently of market conditions over a 5 year horizon.

The strategy of the CAAM AI Diversified Fund managed fund is The Fund seeks to meet its investment objective by allocating its assets among several 'alternative' or 'non-traditional' investments that CAAM AI, Ltd. Determines to be the most attractive on a risk-reward basis. Investment strategies may include: fixed income and convertible bond arbitrage, event-driven, credit-arbitrage, capital structure arbitrage, other types of arbitrage, high yield/distressed securities, long/short equity, global macro trading and systematic trading.

The APIR code of the CAAM AI Diversified Fund managed fund is ETL0154AU.

CAAM AI Diversified Fund’s total return last month was 0.45%. This was made up of a growth return of 0.45% and an income return of 0%. These returns were calculated as at 29 Feb 2008.

CAAM AI Diversified Fund’s total return for the last three months was 1.39%. This was made up of a growth return of 1.39% and an income return of 0%%. These returns were calculated as at 29 Feb 2008.

CAAM AI Diversified Fund’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 29 Feb 2008.

CAAM AI Diversified Fund’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 29 Feb 2008.

The asset allocation of the CAAM AI Diversified Fund managed fund is :

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

The Responsible Entity for the CAAM AI Diversified Fund managed fund is Equity Trustees Ltd.

The CAAM AI Diversified Fund managed fund belongs to the Alternative - Other sector/asset class.

As at , the size of the CAAM AI Diversified Fund managed fund was $ million.

The CAAM AI Diversified Fund managed fund has an inception date of 8 Nov 2007.

The current entry price of the CAAM AI Diversified Fund managed fund is $1.0225 per unit and the current exit price is $1.0225 per unit (as at 30 Sep 2008).

The current exit price of the CAAM AI Diversified Fund managed fund is $1.0225 per unit and the current entry price is $1.0225 per unit (as at 30 Sep 2008).

The minimum initial investment amount for the CAAM AI Diversified Fund managed fund is $50,000.

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.