Concord Australian Equity - Managed Fund

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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 0.26 1.93 7.46 -1.98 20 2.26 3.73 -
Growth return 0.26 1.93 4.75 -4.61 16.6 -2.17 -1.67 -
Income return 0 0 2.71 2.63 3.4 4.43 5.4 -
Market index (S&P/ASX 200 TR AUD)
Total return 1.84 2.37 - 12.47 13.21 11.88 9.5 8.15
As as 31 Mar 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Concord Australian Equity
Australian Equities
96.04%
Cash
2.15%
Property
1.81%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.05%
Cash
2.99%
Property
3.16%
International Equities
0.69%
Fixed Interest
0.04%
Alternatives
0.08%

General Information

Fund Details
Type Description
Concord Australian Equity (Wholesale)
Closed
Concord Capital Limited
MAQ0424AU
Equity Australia Large Growth
starstarstar (as at 31 Mar 2011)
Investment Fund
31 Oct 2005
$17.84 million (as at 31 Mar 2011)
$1.0805 (as at 15 Apr 2011)
$1.0743 (as at 15 Apr 2011)
Fund Objective
The Fund's investment objective is to seek to achieve a medium to long-term (at least three to five years) total return before fees and expenses that exceeds the S&P/ASX 200 Accumulation Index.
Fund Strategy
The Fund is managed in accordance with the Manager's Australian equities investment strategy which offers a concentrated portfolio of approximately 25 to 40 stocks which the Manager believes are superior businesses and have promising long-term performance prospects.
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.08% (as at 30 Jun 2010)
Minimum initial investment $50,000

Top 10 holdings (as at 30 Nov 2010)

Holding (as at 30 Nov 2010) Type % of Portfolio
BHP Billiton Limited Equity 15.31%
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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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Underperforming
81%^

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.39%
Intelligent Investor Equity Growth 9.87%
InvestSMART High Growth 9.27%
Intelligent Investor Equity Income 9.06%
InvestSMART Diversified Property and Infrastructure 8.48%
InvestSMART Growth 8.47%
Intelligent Investor Australian Small Companies Fund 7.27%
InvestSMART Balanced 6.86%
InvestSMART Conservative 5.33%
InvestSMART Hybrid Income 5.27%
InvestSMART Interest Income 3.75%