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  5. EQT MIR Australian Emerging Opportunities Shares - Managed fund profile

EQT MIR Australian Emerging Opportunities Shares - Managed Fund (Closed)

Fund Objective
To outperform the S&P/ASX Small Ordinaries Accumulation Index by greater than 5.0% per annum over rolling five year periods before taking into account Fund fees and expenses.
Fund Strategy
A diversified portfolio of stocks comprising listed companies that are in the S&P/ASX Small Ordinaries Accumulation Index. The Investment Manager of this Fund is MIR Investment Management Ltd, which is a boutique investment manager specialising in Australian equities.

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 3.69% -1.55% -10.38% -49.77% -34.3% -17.03% -% -%
Growth return 3.69% -1.55% -10.38% -51.44% -46.83% -32.9% -% -%
Income return 0% 0% 0% 1.67% 12.53% 15.87% -% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 8.41% 12.42% 16.72% 23.4% 15.71% 9.81% 7.91% 9.19%
As at 30 Apr 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

EQT MIR Australian Emerging Opportunities Shares
Australian Equities
88.09%
Cash
1.73%
Property & Infrastructure
10.18%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.25%
Cash
3.92%
Property & Infrastructure
0.34%
International Equities
3.88%
Fixed Interest
0%
Alternatives
0.60%

General Information

Fund Details
Type Description
EQT MIR Australian Emerging Opportunities Shares
Closed
Equity Trustees Ltd
ETL0039AU
Equity Australia Mid/Small Value
star (as at 30 Apr 2009)
Investment Fund
2 Dec 2004
$0.28 million (as at 30 Apr 2009)
$0.4052 (as at 28 May 2009)
$0.4024 (as at 28 May 2009)
Finalised
Offer information
Type Description
MER 2.31% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 2.35% (as at 30 Jun 2008)
Minimum initial investment $5,000.00

Top 10 holdings (as at 28 Feb 2009)

Holding (as at 28 Feb 2009) Type % of Portfolio
Singapore Telecommunications Limited Stock 8.18%
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FAQs about the EQT MIR Australian Emerging Opportunities Shares

The objective of the EQT MIR Australian Emerging Opportunities Shares managed fund is To outperform the S&P/ASX Small Ordinaries Accumulation Index by greater than 5.0% per annum over rolling five year periods before taking into account Fund fees and expenses.

The strategy of the EQT MIR Australian Emerging Opportunities Shares managed fund is A diversified portfolio of stocks comprising listed companies that are in the S&P/ASX Small Ordinaries Accumulation Index. The Investment Manager of this Fund is MIR Investment Management Ltd, which is a boutique investment manager specialising in Australian equities.

The APIR code of the EQT MIR Australian Emerging Opportunities Shares managed fund is ETL0039AU.

EQT MIR Australian Emerging Opportunities Shares’s total return last month was 3.69%. This was made up of a growth return of 3.69% and an income return of 0%. These returns were calculated as at 30 Apr 2009.

EQT MIR Australian Emerging Opportunities Shares’s total return for the last three months was -1.55%. This was made up of a growth return of -1.55% and an income return of 0%%. These returns were calculated as at 30 Apr 2009.

EQT MIR Australian Emerging Opportunities Shares’s one-year total return is -49.77%. This was made up of a growth return of -51.44% and an income return of 1.67%. These returns were calculated as at 30 Apr 2009.

EQT MIR Australian Emerging Opportunities Shares’s one-year total return is -17.03%. This was made up of a growth return of -32.9% and an income return of 15.87%. These returns were calculated as at 30 Apr 2009.

The asset allocation of the EQT MIR Australian Emerging Opportunities Shares managed fund is :

Australian Equities
88.09%
Cash
1.73%
Property & Infrastructure
10.18%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the EQT MIR Australian Emerging Opportunities Shares managed fund is Equity Trustees Ltd.

The EQT MIR Australian Emerging Opportunities Shares managed fund belongs to the Equity Australia Mid/Small Value sector/asset class.

As at 30 Apr 2009, the size of the EQT MIR Australian Emerging Opportunities Shares managed fund was $0.28 million.

The EQT MIR Australian Emerging Opportunities Shares managed fund has an inception date of 2 Dec 2004.

The current entry price of the EQT MIR Australian Emerging Opportunities Shares managed fund is $0.4052 per unit and the current exit price is $0.4024 per unit (as at 28 May 2009).

The current exit price of the EQT MIR Australian Emerging Opportunities Shares managed fund is $0.4024 per unit and the current entry price is $0.4052 per unit (as at 28 May 2009).

The minimum initial investment amount for the EQT MIR Australian Emerging Opportunities Shares managed fund is $5,000.

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.