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  5. Cromwell Property Fund - Managed fund profile

Cromwell Property Fund - Managed Fund (Closed)

Fund Objective
The Fund aims to deliver a stable, tax effective monthly distribution and capital growth to investors. CPS intends to achieve this by investing in quality property assets utilising gearing and minimising risk through diversification.
Fund Strategy
The Fund will primarily invest in Australian non-residential property including commercial, industrial and retail property. It will also invest in entities (whether listed or unlisted) which primarily hold Real Property Assets. The Fund may also invest in cash or Australian fixed interest assets or other authorised investments to maximise returns consistent with moderate risk on surplus cash, and may also invest in other managed investment schemes promoted and managed by CPS, provided the investment complies with the Fund's objectives.

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 -15.48% -27.44% -24.84% -18.09% -19.7% -36.07% -25.73% -%
Growth return -16.37% -29.37% -28.46% -25.78% -25.95% -39.8% -30.86% -%
Income return 0.89% 1.93% 3.62% 7.69% 6.25% 3.73% 5.13% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 4.47% 9.86% 16.7% 14.49% 20.15% 15.35% 12.27% 9%
As at 30 Jun 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Cromwell Property Fund
Cash
2.44%
Property & Infrastructure
97.56%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
2.40%
Property & Infrastructure
93.02%
Australian Equities
4.32%
International Equities
0.25%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
Cromwell Property Fund
Closed
Cromwell Property Securities Limited
CRM0004AU
Unlisted and Direct Property
Not Rated
Investment Fund
12 Apr 2006
$27.43 million (as at 31 Aug 2012)
$0.1664 (as at 30 Jun 2012)
$0.1585 (as at 30 Jun 2012)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 2.15% (as at 30 Jun 2012)
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00

FAQs about the Cromwell Property Fund

The objective of the Cromwell Property Fund managed fund is The Fund aims to deliver a stable, tax effective monthly distribution and capital growth to investors. CPS intends to achieve this by investing in quality property assets utilising gearing and minimising risk through diversification.

The strategy of the Cromwell Property Fund managed fund is The Fund will primarily invest in Australian non-residential property including commercial, industrial and retail property. It will also invest in entities (whether listed or unlisted) which primarily hold Real Property Assets. The Fund may also invest in cash or Australian fixed interest assets or other authorised investments to maximise returns consistent with moderate risk on surplus cash, and may also invest in other managed investment schemes promoted and managed by CPS, provided the investment complies with the Fund's objectives.

The APIR code of the Cromwell Property Fund managed fund is CRM0004AU.

Cromwell Property Fund’s total return last month was -15.48%. This was made up of a growth return of -16.37% and an income return of 0.89%. These returns were calculated as at 30 Jun 2012.

Cromwell Property Fund’s total return for the last three months was -27.44%. This was made up of a growth return of -29.37% and an income return of 1.93%%. These returns were calculated as at 30 Jun 2012.

Cromwell Property Fund’s one-year total return is -18.09%. This was made up of a growth return of -25.78% and an income return of 7.69%. These returns were calculated as at 30 Jun 2012.

Cromwell Property Fund’s one-year total return is -36.07%. This was made up of a growth return of -39.8% and an income return of 3.73%. These returns were calculated as at 30 Jun 2012.

The asset allocation of the Cromwell Property Fund managed fund is :

Cash
2.44%
Property & Infrastructure
97.56%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Cromwell Property Fund managed fund is Cromwell Property Securities Limited.

The Cromwell Property Fund managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at 31 Aug 2012, the size of the Cromwell Property Fund managed fund was $27.43 million.

The Cromwell Property Fund managed fund has an inception date of 12 Apr 2006.

The current entry price of the Cromwell Property Fund managed fund is $0.1664 per unit and the current exit price is $0.1585 per unit (as at 30 Jun 2012).

The current exit price of the Cromwell Property Fund managed fund is $0.1585 per unit and the current entry price is $0.1664 per unit (as at 30 Jun 2012).

The minimum initial investment amount for the Cromwell Property Fund managed fund is $10,000. Minimum additional investment is $1000.

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.