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  5. Classic Sector Portfolio - International Shares Hedged - Managed fund profile

Classic Sector Portfolio - International Shares Hedged - Managed Fund (Closed)

Fund Objective
To provide high growth over the long-term by investing in shares and other securities issued mainly by companies listed in major overseas markets. The portfolio aims to eliminate significant exposure to currency movement.
Fund Strategy
Shares in companies mainly located within the world's major industrial countries. Foreign currencies are normally fully hedged back to the AUD.

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 -8.58% -11.02% -42.31% -46.6% -% -% -% -%
Growth return -8.58% -11.02% -42.31% -51.53% -% -% -% -%
Income return 0% 0% 0% 4.93% -% -% -% -%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 28 Feb 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Classic Sector Portfolio - International Shares Hedged
International Equities
100%
Australian Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
97.97%
Australian Equities
0.11%
Cash
0.73%
Property
0.62%
Fixed Interest
0%
Alternatives
0.56%

General Information

Fund Details
Type Description
Classic Sector Portfolio - International Shares Hedged
Closed
IPAC Asset Management Limited
IPA0064AU
Equity World - Currency Hedged
Not Rated
Investment Fund
1 Jul 2007
$0.61 million (as at 29 Feb 2008)
$0.4128 (as at 30 Mar 2009)
$0.4102 (as at 30 Mar 2009)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 2.06% (as at 30 Jun 2008) (Estimated)
Minimum initial investment $10,000.00

FAQs about the Classic Sector Portfolio - International Shares Hedged

The objective of the Classic Sector Portfolio - International Shares Hedged managed fund is To provide high growth over the long-term by investing in shares and other securities issued mainly by companies listed in major overseas markets. The portfolio aims to eliminate significant exposure to currency movement.

The strategy of the Classic Sector Portfolio - International Shares Hedged managed fund is Shares in companies mainly located within the world's major industrial countries. Foreign currencies are normally fully hedged back to the AUD.

The APIR code of the Classic Sector Portfolio - International Shares Hedged managed fund is IPA0064AU.

Classic Sector Portfolio - International Shares Hedged’s total return last month was -8.58%. This was made up of a growth return of -8.58% and an income return of 0%. These returns were calculated as at 28 Feb 2009.

Classic Sector Portfolio - International Shares Hedged’s total return for the last three months was -11.02%. This was made up of a growth return of -11.02% and an income return of 0%%. These returns were calculated as at 28 Feb 2009.

Classic Sector Portfolio - International Shares Hedged’s one-year total return is -46.6%. This was made up of a growth return of -51.53% and an income return of 4.93%. These returns were calculated as at 28 Feb 2009.

Classic Sector Portfolio - International Shares Hedged’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 28 Feb 2009.

The asset allocation of the Classic Sector Portfolio - International Shares Hedged managed fund is :

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

The Responsible Entity for the Classic Sector Portfolio - International Shares Hedged managed fund is IPAC Asset Management Limited.

The Classic Sector Portfolio - International Shares Hedged managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 29 Feb 2008, the size of the Classic Sector Portfolio - International Shares Hedged managed fund was $0.61 million.

The Classic Sector Portfolio - International Shares Hedged managed fund has an inception date of 1 Jul 2007.

The current entry price of the Classic Sector Portfolio - International Shares Hedged managed fund is $0.4128 per unit and the current exit price is $0.4102 per unit (as at 30 Mar 2009).

The current exit price of the Classic Sector Portfolio - International Shares Hedged managed fund is $0.4102 per unit and the current entry price is $0.4128 per unit (as at 30 Mar 2009).

The minimum initial investment amount for the Classic Sector Portfolio - International Shares Hedged managed fund is $10,000.

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.