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  5. Emergent - Managed fund profile

Emergent - Managed Fund (Closed)

Fund Objective
The objective2 of Emergent is to provide a before tax return in excess of the Benchmark Index on average over rolling 5 year periods.
Fund Strategy
To invest generally in a range of carefully selected underlying Managed Funds and Direct Equities with a small exposure to cash.

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 -1.16% 14.38% 11.71% 20.94% 14.89% 1.74% 5.02% -%
Growth return -1.16% 14.38% 11.71% 18.1% 13.02% -0.39% 3.32% -%
Income return 0% 0% 0% 2.84% 1.87% 2.13% 1.7% -%
Market index (MSCI EM NR AUD)
Total return 2.28% 7.07% 9.23% 11.03% 5.44% -0.02% -% 6.63%
As at 30 Nov 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Emergent
Australian Equities
20.97%
Cash
19.36%
Alternatives
59.68%
International Equities
0%
Property
0%
Average Allocation of Peers
Australian Equities
0.06%
Cash
2.39%
Alternatives
1.05%
International Equities
95.88%
Property
0.61%

General Information

Fund Details
Type Description
Emergent
Closed
Avestra Asset Management Ltd
FHT0006AU
Equity Emerging Markets
Not Rated
Investment Fund
1 Jul 2008
$2.9 million (as at 28 Feb 2014)
$0.9604 (as at 29 Nov 2013)
$0.9527 (as at 29 Nov 2013)
Suppressed
Offer information
Type Description
Standard entry fee 3.30%
Indirect Cost Ratio (ICR) 2% (as at 30 Jun 2013)
Performance fee (not included in ICR) 0
Minimum initial investment $1,000.00
Minimum additional investments $100.00

FAQs about the Emergent

The objective of the Emergent managed fund is The objective2 of Emergent is to provide a before tax return in excess of the Benchmark Index on average over rolling 5 year periods.

The strategy of the Emergent managed fund is To invest generally in a range of carefully selected underlying Managed Funds and Direct Equities with a small exposure to cash.

The APIR code of the Emergent managed fund is FHT0006AU.

Emergent’s total return last month was -1.16%. This was made up of a growth return of -1.16% and an income return of 0%. These returns were calculated as at 30 Nov 2013.

Emergent’s total return for the last three months was 14.38%. This was made up of a growth return of 14.38% and an income return of 0%%. These returns were calculated as at 30 Nov 2013.

Emergent’s one-year total return is 20.94%. This was made up of a growth return of 18.1% and an income return of 2.84%. These returns were calculated as at 30 Nov 2013.

Emergent’s one-year total return is 1.74%. This was made up of a growth return of -0.39% and an income return of 2.13%. These returns were calculated as at 30 Nov 2013.

The asset allocation of the Emergent managed fund is :

Australian Equities
20.97%
Cash
19.36%
Alternatives
59.68%
International Equities
0%
Property
0%

The Responsible Entity for the Emergent managed fund is Avestra Asset Management Ltd.

The Emergent managed fund belongs to the Equity Emerging Markets sector/asset class.

As at 28 Feb 2014, the size of the Emergent managed fund was $2.9 million.

The Emergent managed fund has an inception date of 1 Jul 2008.

The current entry price of the Emergent managed fund is $0.9604 per unit and the current exit price is $0.9527 per unit (as at 29 Nov 2013).

The current exit price of the Emergent managed fund is $0.9527 per unit and the current entry price is $0.9604 per unit (as at 29 Nov 2013).

The minimum initial investment amount for the Emergent managed fund is $1,000. Minimum additional investment is $100.

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.