InvestSMART

CFM GIT - Balanced Fund - Managed Fund (Closed)

Fund Objective
This wholesale fund aims to provide a combination of attractive investment returns and moderate volatility.
Fund Strategy
Funds are invested in accordance with the following benchmarks: Australian equities - 27.5%, international equities - 17.5%, listed property - 20%, Australian bonds - 25% and cash - 10%.

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 2.3% -0.38% 9.35% 14.39% 16.86% 13.24% -% -%
Growth return 2.3% -12.28% -3.71% -3.04% 4.48% 0.68% -% -%
Income return 0% 11.9% 13.06% 17.43% 12.38% 12.56% -% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.46% 4.16% 11.05% 13.41% 17.1% 12.49% 9.66% 8.09%
As at 31 Jul 1998. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

CFM GIT - Balanced Fund
Australian Equities
28.07%
International Equities
17.48%
Cash
9.89%
Property & Infrastructure
19.68%
Fixed Interest
24.88%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.23%
International Equities
35.60%
Cash
5.91%
Property & Infrastructure
6.30%
Fixed Interest
20.62%
Alternatives
4.35%

General Information

Fund Details
Type Description
CFM GIT - Balanced Fund (Wholesale)
Closed
Commonwealth Funds Management Ltd
CFM0009AU
Multisector Growth
Not Rated
Investment Fund
30 Apr 1995
$0.9 million (as at 31 Jul 1998)
$1.0336 (as at 14 Aug 1998)
$1.0264 (as at 14 Aug 1998)
Finalised
Offer information
Type Description
MER 0.75% (as at 30 Jun 1996)
Minimum initial investment $500,000
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FAQs about the CFM GIT - Balanced Fund

The objective of the CFM GIT - Balanced Fund managed fund is This wholesale fund aims to provide a combination of attractive investment returns and moderate volatility.

The strategy of the CFM GIT - Balanced Fund managed fund is Funds are invested in accordance with the following benchmarks: Australian equities - 27.5%, international equities - 17.5%, listed property - 20%, Australian bonds - 25% and cash - 10%.

The APIR code of the CFM GIT - Balanced Fund managed fund is CFM0009AU.

CFM GIT - Balanced Fund’s total return last month was 2.3%. This was made up of a growth return of 2.3% and an income return of 0%. These returns were calculated as at 31 Jul 1998.

CFM GIT - Balanced Fund’s total return for the last three months was -0.38%. This was made up of a growth return of -12.28% and an income return of 11.9%%. These returns were calculated as at 31 Jul 1998.

CFM GIT - Balanced Fund’s one-year total return is 14.39%. This was made up of a growth return of -3.04% and an income return of 17.43%. These returns were calculated as at 31 Jul 1998.

CFM GIT - Balanced Fund’s one-year total return is 13.24%. This was made up of a growth return of 0.68% and an income return of 12.56%. These returns were calculated as at 31 Jul 1998.

The asset allocation of the CFM GIT - Balanced Fund managed fund is :

Australian Equities
28.07%
International Equities
17.48%
Cash
9.89%
Property & Infrastructure
19.68%
Fixed Interest
24.88%
Alternatives
0%

The Responsible Entity for the CFM GIT - Balanced Fund managed fund is Commonwealth Funds Management Ltd.

The CFM GIT - Balanced Fund managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Jul 1998, the size of the CFM GIT - Balanced Fund managed fund was $0.9 million.

The CFM GIT - Balanced Fund managed fund has an inception date of 30 Apr 1995.

The current entry price of the CFM GIT - Balanced Fund managed fund is $1.0336 per unit and the current exit price is $1.0264 per unit (as at 14 Aug 1998).

The current exit price of the CFM GIT - Balanced Fund managed fund is $1.0264 per unit and the current entry price is $1.0336 per unit (as at 14 Aug 1998).

The minimum initial investment amount for the CFM GIT - Balanced Fund managed fund is $500,000.

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.