InvestSMART

Commonwealth Wholesale - Property Securities - Managed Fund (Closed)

Fund Objective
To outperform the S&P/ASX 200 Property Accumulation Index and generate medium- to long-term capital growth together with a relatively high and secure income stream (before tax and fees, and assuming income reinvestment).
Fund Strategy
Invests in property securities listed on the ASX.

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 -2.44% -0.17% 4.8% 10.07% 12.04% 12.73% 8.64% -%
Growth return -2.44% -2.69% 2.16% -11.3% -2.61% 0.38% -1.69% -%
Income return 0% 2.52% 2.64% 21.37% 14.65% 12.35% 10.33% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return -3.54% -4.27% -10.29% 4.7% 6.87% 9.85% 8.95% 6.82%
As at 28 Feb 2003. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Commonwealth Wholesale - Property Securities
Australian Equities
96.91%
Cash
3.09%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.72%
Cash
1.65%
International Equities
0.32%
Property & Infrastructure
93.02%
Fixed Interest
0%
Alternatives
1.29%

General Information

Fund Details
Type Description
Commonwealth Wholesale - Property Securities (Wholesale)
Closed
Commonwealth Managed Investments Limited
CFM0408AU
Equity Australia Real Estate
Not Rated
Investment Fund
14 Apr 1993
$20.7 million (as at 28 Feb 2003)
$1.1982 (as at 10 Mar 2003)
$1.1863 (as at 10 Mar 2003)
Finalised
Offer information
Type Description
MER 0.54% (as at 30 Jun 2001)
Minimum initial investment $500,000
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 Commonwealth Wholesale - Property Securities

The objective of the Commonwealth Wholesale - Property Securities managed fund is To outperform the S&P/ASX 200 Property Accumulation Index and generate medium- to long-term capital growth together with a relatively high and secure income stream (before tax and fees, and assuming income reinvestment).

The strategy of the Commonwealth Wholesale - Property Securities managed fund is Invests in property securities listed on the ASX.

The APIR code of the Commonwealth Wholesale - Property Securities managed fund is CFM0408AU.

Commonwealth Wholesale - Property Securities’s total return last month was -2.44%. This was made up of a growth return of -2.44% and an income return of 0%. These returns were calculated as at 28 Feb 2003.

Commonwealth Wholesale - Property Securities’s total return for the last three months was -0.17%. This was made up of a growth return of -2.69% and an income return of 2.52%%. These returns were calculated as at 28 Feb 2003.

Commonwealth Wholesale - Property Securities’s one-year total return is 10.07%. This was made up of a growth return of -11.3% and an income return of 21.37%. These returns were calculated as at 28 Feb 2003.

Commonwealth Wholesale - Property Securities’s one-year total return is 12.73%. This was made up of a growth return of 0.38% and an income return of 12.35%. These returns were calculated as at 28 Feb 2003.

The asset allocation of the Commonwealth Wholesale - Property Securities managed fund is :

Australian Equities
96.91%
Cash
3.09%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Commonwealth Wholesale - Property Securities managed fund is Commonwealth Managed Investments Limited.

The Commonwealth Wholesale - Property Securities managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 28 Feb 2003, the size of the Commonwealth Wholesale - Property Securities managed fund was $20.7 million.

The Commonwealth Wholesale - Property Securities managed fund has an inception date of 14 Apr 1993.

The current entry price of the Commonwealth Wholesale - Property Securities managed fund is $1.1982 per unit and the current exit price is $1.1863 per unit (as at 10 Mar 2003).

The current exit price of the Commonwealth Wholesale - Property Securities managed fund is $1.1863 per unit and the current entry price is $1.1982 per unit (as at 10 Mar 2003).

The minimum initial investment amount for the Commonwealth Wholesale - Property Securities managed fund is $500,000.

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.