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  5. Deutsche - High Growth Fund - Managed fund profile

Deutsche - High Growth Fund - Managed Fund (Closed)

Fund Objective
To outperform its strategic benchmark consistently, before fees, over rolling 3 year periods. The recommended investment period is 7 years.
Fund Strategy
Asset allocation ranges (with benchmarks in brackets): Australian equities 38-42% (40%), international equities (unhedged) 33-37% (35%), listed property trusts 3-7% (5%), private equity 2-8% (5%), bonds 12-16% (14%), cash 0-3% (1%).

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 -5.09% -10.25% -10.63% -18.94% -10.99% -5.8% -% -%
Growth return -5.09% -12.43% -12.8% -21.57% -13.36% -11.8% -% -%
Income return 0% 2.18% 2.17% 2.63% 2.37% 6% -% -%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.91% 7.77% 15.61% 18.4% 8.2% 8.89% 9.42% 9.28%
As at 28 Feb 2003. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Deutsche - High Growth Fund
Australian Equities
38%
International Equities
33.80%
Cash
1.80%
Property
5.60%
Fixed Interest
16%
Alternatives
4.80%
Average Allocation of Peers
Australian Equities
33.36%
International Equities
47.16%
Cash
5.59%
Property
5.45%
Fixed Interest
5.18%
Alternatives
3.27%

General Information

Fund Details
Type Description
Deutsche - High Growth Fund (Wholesale)
Closed
Deutsche Bank Australia
MGL0105AU
Multisector Aggressive
Not Rated
Investment Fund
26 Jun 1998
$8.12 million (as at 28 Feb 2003)
$0.6448 (as at 28 Feb 2003)
$0.6416 (as at 28 Feb 2003)
Finalised
Offer information
Type Description
Minimum initial investment $100,000

FAQs about the Deutsche - High Growth Fund

The objective of the Deutsche - High Growth Fund managed fund is To outperform its strategic benchmark consistently, before fees, over rolling 3 year periods. The recommended investment period is 7 years.

The strategy of the Deutsche - High Growth Fund managed fund is Asset allocation ranges (with benchmarks in brackets): Australian equities 38-42% (40%), international equities (unhedged) 33-37% (35%), listed property trusts 3-7% (5%), private equity 2-8% (5%), bonds 12-16% (14%), cash 0-3% (1%).

The APIR code of the Deutsche - High Growth Fund managed fund is MGL0105AU.

Deutsche - High Growth Fund’s total return last month was -5.09%. This was made up of a growth return of -5.09% and an income return of 0%. These returns were calculated as at 28 Feb 2003.

Deutsche - High Growth Fund’s total return for the last three months was -10.25%. This was made up of a growth return of -12.43% and an income return of 2.18%%. These returns were calculated as at 28 Feb 2003.

Deutsche - High Growth Fund’s one-year total return is -18.94%. This was made up of a growth return of -21.57% and an income return of 2.63%. These returns were calculated as at 28 Feb 2003.

Deutsche - High Growth Fund’s one-year total return is -5.8%. This was made up of a growth return of -11.8% and an income return of 6%. These returns were calculated as at 28 Feb 2003.

The asset allocation of the Deutsche - High Growth Fund managed fund is :

Australian Equities
38%
International Equities
33.80%
Cash
1.80%
Property
5.60%
Fixed Interest
16%
Alternatives
4.80%

The Responsible Entity for the Deutsche - High Growth Fund managed fund is Deutsche Bank Australia.

The Deutsche - High Growth Fund managed fund belongs to the Multisector Aggressive sector/asset class.

As at 28 Feb 2003, the size of the Deutsche - High Growth Fund managed fund was $8.12 million.

The Deutsche - High Growth Fund managed fund has an inception date of 26 Jun 1998.

The current entry price of the Deutsche - High Growth Fund managed fund is $0.6448 per unit and the current exit price is $0.6416 per unit (as at 28 Feb 2003).

The current exit price of the Deutsche - High Growth Fund managed fund is $0.6416 per unit and the current entry price is $0.6448 per unit (as at 28 Feb 2003).

The minimum initial investment amount for the Deutsche - High Growth Fund managed fund is $100,000.

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.