InvestSMART

Citigroup PST - Defensive Trust - Managed Fund (Closed)

Fund Objective
To provide a positive return 9 years out of 10 and to return at least 2% above the CPI over rolling 3 year periods, after tax and fees.
Fund Strategy
Invests in a mix of growth and defensive assets, with a defensive bias. Asset allocation ranges (with benchmarks in brackets): Australian equities 7-17% (12%), Australian property 3-7% (5%), global equities 6-10% (8%), diversified fixed income 50-70% (60%), cash 10-40% (15%). Diversified fixed income comprises domestic and international fixed income.

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 -1.51% -2.25% 0.19% -0.15% 1.8% 3.52% 4.09% -%
Growth return -1.51% -2.25% 0.19% -0.15% 1.8% 3.52% 4.09% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 1.69% 0.16% -0.16% 5.41% 6.58% 5.77% 3.23% 4.33%
As at 31 Mar 2003. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Citigroup PST - Defensive Trust
Australian Equities
38.94%
International Equities
20.56%
Cash
9.81%
Property & Infrastructure
14.83%
Fixed Interest
15.86%
Alternatives
0%
Average Allocation of Peers
Australian Equities
11.35%
International Equities
15.03%
Cash
12.52%
Property & Infrastructure
3.44%
Fixed Interest
51.94%
Alternatives
5.72%

General Information

Fund Details
Type Description
Citigroup PST - Defensive Trust (Wholesale)
Closed
Legg Mason Asset Management Ltd (AU)
JPM0017AU
Multisector Moderate
Not Rated
Superannuation Fund
1 Jan 1995
$9.1 million (as at 28 Feb 2003)
$2.6434 (as at 3 Apr 2003)
$2.6434 (as at 3 Apr 2003)
Finalised
Offer information
Type Description
MER 0.78% (as at 30 Jun 2002)
Minimum initial investment $200,000
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FAQs about the Citigroup PST - Defensive Trust

The objective of the Citigroup PST - Defensive Trust managed fund is To provide a positive return 9 years out of 10 and to return at least 2% above the CPI over rolling 3 year periods, after tax and fees.

The strategy of the Citigroup PST - Defensive Trust managed fund is Invests in a mix of growth and defensive assets, with a defensive bias. Asset allocation ranges (with benchmarks in brackets): Australian equities 7-17% (12%), Australian property 3-7% (5%), global equities 6-10% (8%), diversified fixed income 50-70% (60%), cash 10-40% (15%). Diversified fixed income comprises domestic and international fixed income.

The APIR code of the Citigroup PST - Defensive Trust managed fund is JPM0017AU.

Citigroup PST - Defensive Trust’s total return last month was -1.51%. This was made up of a growth return of -1.51% and an income return of 0%. These returns were calculated as at 31 Mar 2003.

Citigroup PST - Defensive Trust’s total return for the last three months was -2.25%. This was made up of a growth return of -2.25% and an income return of 0%%. These returns were calculated as at 31 Mar 2003.

Citigroup PST - Defensive Trust’s one-year total return is -0.15%. This was made up of a growth return of -0.15% and an income return of 0%. These returns were calculated as at 31 Mar 2003.

Citigroup PST - Defensive Trust’s one-year total return is 3.52%. This was made up of a growth return of 3.52% and an income return of 0%. These returns were calculated as at 31 Mar 2003.

The asset allocation of the Citigroup PST - Defensive Trust managed fund is :

Australian Equities
38.94%
International Equities
20.56%
Cash
9.81%
Property & Infrastructure
14.83%
Fixed Interest
15.86%
Alternatives
0%

The Responsible Entity for the Citigroup PST - Defensive Trust managed fund is Legg Mason Asset Management Ltd (AU).

The Citigroup PST - Defensive Trust managed fund belongs to the Multisector Moderate sector/asset class.

As at 28 Feb 2003, the size of the Citigroup PST - Defensive Trust managed fund was $9.1 million.

The Citigroup PST - Defensive Trust managed fund has an inception date of 1 Jan 1995.

The current entry price of the Citigroup PST - Defensive Trust managed fund is $2.6434 per unit and the current exit price is $2.6434 per unit (as at 3 Apr 2003).

The current exit price of the Citigroup PST - Defensive Trust managed fund is $2.6434 per unit and the current entry price is $2.6434 per unit (as at 3 Apr 2003).

The minimum initial investment amount for the Citigroup PST - Defensive Trust managed fund is $200,000.

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.