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County Direct - Enhanced Balanced Units - Managed Fund (Closed)

Fund Objective
To outperform the overall return of the markets in which it invests by 1.0 to 1.5%, after fees, over the medium- to long-term (3-5 years).
Fund Strategy
Invests in the County Enhanced Balanced Fund which was established in 1997. Benchmark: Australian equities 40%, international equities 20%, listed property trusts 10%, Australian fixed interest 20%, indexed bonds 5%, and cash 5%. The Fund's exposure to Australian equities is actively managed and cash, fixed interest, indexed bonds, and international equities will be passively managed. Fund may invest in derivatives.

Fund Performance Comparison

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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 -5.65% -2.47% -3.04% -2.88% 5.54% 6.3% -% -%
Growth return -5.65% -2.47% -9.42% -11.25% -2.61% -0.36% -% -%
Income return 0% 0% 6.38% 8.37% 8.15% 6.66% -% -%
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 30 Sep 2001. Returns for periods greater than 1 year are annualised. All figures are percentages.

General Information

Fund Details
Type Description
County Direct - Enhanced Balanced Units
Closed
County Investment Management Limited
CNA0022AU
Multisector Growth
Not Rated
Investment Fund
10 Feb 1998
n/a
$0.9722 (as at 5 Oct 2001)
$0.9663 (as at 5 Oct 2001)
Finalised
Offer information
Type Description
MER 1.10% (as at 30 Jun 2000)
Minimum initial investment $2,000.00
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FAQs about the County Direct - Enhanced Balanced Units

The objective of the County Direct - Enhanced Balanced Units managed fund is To outperform the overall return of the markets in which it invests by 1.0 to 1.5%, after fees, over the medium- to long-term (3-5 years).

The strategy of the County Direct - Enhanced Balanced Units managed fund is Invests in the County Enhanced Balanced Fund which was established in 1997. Benchmark: Australian equities 40%, international equities 20%, listed property trusts 10%, Australian fixed interest 20%, indexed bonds 5%, and cash 5%. The Fund's exposure to Australian equities is actively managed and cash, fixed interest, indexed bonds, and international equities will be passively managed. Fund may invest in derivatives.

The APIR code of the County Direct - Enhanced Balanced Units managed fund is CNA0022AU.

County Direct - Enhanced Balanced Units’s total return last month was -5.65%. This was made up of a growth return of -5.65% and an income return of 0%. These returns were calculated as at 30 Sep 2001.

County Direct - Enhanced Balanced Units’s total return for the last three months was -2.47%. This was made up of a growth return of -2.47% and an income return of 0%%. These returns were calculated as at 30 Sep 2001.

County Direct - Enhanced Balanced Units’s one-year total return is -2.88%. This was made up of a growth return of -11.25% and an income return of 8.37%. These returns were calculated as at 30 Sep 2001.

County Direct - Enhanced Balanced Units’s one-year total return is 6.3%. This was made up of a growth return of -0.36% and an income return of 6.66%. These returns were calculated as at 30 Sep 2001.

The asset allocation of the County Direct - Enhanced Balanced Units managed fund is :

Australian Equities
39.96%
International Equities
19.68%
Cash
4%
Property & Infrastructure
10.99%
Fixed Interest
25.37%
Alternatives
0%

The Responsible Entity for the County Direct - Enhanced Balanced Units managed fund is County Investment Management Limited.

The County Direct - Enhanced Balanced Units managed fund belongs to the Multisector Growth sector/asset class.

As at , the size of the County Direct - Enhanced Balanced Units managed fund was $ million.

The County Direct - Enhanced Balanced Units managed fund has an inception date of 10 Feb 1998.

The current entry price of the County Direct - Enhanced Balanced Units managed fund is $0.9722 per unit and the current exit price is $0.9663 per unit (as at 5 Oct 2001).

The current exit price of the County Direct - Enhanced Balanced Units managed fund is $0.9663 per unit and the current entry price is $0.9722 per unit (as at 5 Oct 2001).

The minimum initial investment amount for the County Direct - Enhanced Balanced Units managed fund is $2,000.

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.