InvestSMART

Custom Choice International Share Portfolio - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform its benchmark over rolling four-year periods.
Fund Strategy
The Fund is designed to provide investors with a 'managethe-manager' (MTM) international share portfolio. We believe, in relation to multi-manager portfolios, the key to producing the best possible performance for investors is by selecting a small number of specialist active managers to run concentrated portfolios of securities that they believe have the most potential to outperform. QIC provides manager research and selection services for Challenger's range of multi-manager funds. Securities: 80-100%. Cash:0-20%.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.4% -14.43% -44.54% -46.73% -% -% -% -%
Growth return 0.4% -74.71% -83.61% -86.54% -% -% -% -%
Income return 0% 60.28% 39.07% 39.81% -% -% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 4.44% 0.71% -2.78% 15.06% 14.48% 16.52% 12.98% 13.41%
As at 31 Jan 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
International Equities
91.99%
Australian Equities
5.57%
Cash
1.91%
Property & Infrastructure
0.24%
Fixed Interest
-0.01%
Alternatives
0.29%

General Information

Fund Details
Type Description
Custom Choice International Share Portfolio (Wholesale)
Closed
Fidante Partners Limited
HOW0044AU
Equity World Large Blend
Not Rated
Investment Fund
10 Apr 2007
$0.13 million (as at 31 Jan 2009)
$0.1257 (as at 30 Jan 2009)
$0.1249 (as at 30 Jan 2009)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.29% (as at 30 Jun 2008)
Minimum initial investment $50,000
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Custom Choice International Share Portfolio

The objective of the Custom Choice International Share Portfolio managed fund is The Fund aims to outperform its benchmark over rolling four-year periods.

The strategy of the Custom Choice International Share Portfolio managed fund is The Fund is designed to provide investors with a 'managethe-manager' (MTM) international share portfolio. We believe, in relation to multi-manager portfolios, the key to producing the best possible performance for investors is by selecting a small number of specialist active managers to run concentrated portfolios of securities that they believe have the most potential to outperform. QIC provides manager research and selection services for Challenger's range of multi-manager funds. Securities: 80-100%. Cash:0-20%.

The APIR code of the Custom Choice International Share Portfolio managed fund is HOW0044AU.

Custom Choice International Share Portfolio’s total return last month was 0.4%. This was made up of a growth return of 0.4% and an income return of 0%. These returns were calculated as at 31 Jan 2009.

Custom Choice International Share Portfolio’s total return for the last three months was -14.43%. This was made up of a growth return of -74.71% and an income return of 60.28%%. These returns were calculated as at 31 Jan 2009.

Custom Choice International Share Portfolio’s one-year total return is -46.73%. This was made up of a growth return of -86.54% and an income return of 39.81%. These returns were calculated as at 31 Jan 2009.

Custom Choice International Share Portfolio’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 31 Jan 2009.

The asset allocation of the Custom Choice International Share Portfolio managed fund is :

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

The Responsible Entity for the Custom Choice International Share Portfolio managed fund is Fidante Partners Limited.

The Custom Choice International Share Portfolio managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Jan 2009, the size of the Custom Choice International Share Portfolio managed fund was $0.13 million.

The Custom Choice International Share Portfolio managed fund has an inception date of 10 Apr 2007.

The current entry price of the Custom Choice International Share Portfolio managed fund is $0.1257 per unit and the current exit price is $0.1249 per unit (as at 30 Jan 2009).

The current exit price of the Custom Choice International Share Portfolio managed fund is $0.1249 per unit and the current entry price is $0.1257 per unit (as at 30 Jan 2009).

The minimum initial investment amount for the Custom Choice International Share Portfolio managed fund is $50,000.

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.