InvestSMART

EQT MIR Wholesale Australian Geared Equities Class G - Managed Fund (Closed)

Fund Objective
15% per annum over rolling five year periods net of all borrowing and transaction costs.
Fund Strategy
A diversified portfolio of stocks listed on the Australian Stock Exchange that are held either directly or by investing in units in other MIR funds established by the Responsible Entity as well as interest bearing securities. Benchmark is S&P ASX 200 Accumulation Index.

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 5.51% 6.87% -19.32% -14.26% 6.29% 17.28% -% -%
Growth return 5.51% 6.87% -19.32% -45.05% -29.48% -28.87% -% -%
Income return 0% 0% 0% 30.79% 35.77% 46.15% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return -0.78% 4.71% 14.66% 10.56% 16.03% 15.17% 12.98% 10.11%
As at 31 May 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

EQT MIR Wholesale Australian Geared Equities Class G
Australian Equities
54.78%
Cash
2.22%
Property & Infrastructure
42.83%
Alternatives
0.17%
International Equities
0%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
94.99%
Cash
-0.82%
Property & Infrastructure
1.34%
Alternatives
-0.06%
International Equities
5.04%
Fixed Interest
-0.49%

General Information

Fund Details
Type Description
EQT MIR Wholesale Australian Geared Equities Class G (Wholesale)
Closed
Equity Trustees Ltd
ETL0045AU
Equity Australia Large Geared
star (as at 30 Apr 2008)
Investment Fund
1 Nov 2004
$0.58 million (as at 30 Apr 2008)
$0.3759 (as at 30 May 2008)
$0.3733 (as at 30 May 2008)
Finalised
Offer information
Type Description
MER 0.65% (as at 31 May 2006)
Indirect Cost Ratio (ICR) 3.56% (as at 30 Jun 2007)
Performance fee (not included in ICR) 2.07
Minimum initial investment $100,000

FAQs about the EQT MIR Wholesale Australian Geared Equities Class G

The objective of the EQT MIR Wholesale Australian Geared Equities Class G managed fund is 15% per annum over rolling five year periods net of all borrowing and transaction costs.

The strategy of the EQT MIR Wholesale Australian Geared Equities Class G managed fund is A diversified portfolio of stocks listed on the Australian Stock Exchange that are held either directly or by investing in units in other MIR funds established by the Responsible Entity as well as interest bearing securities. Benchmark is S&P ASX 200 Accumulation Index.

The APIR code of the EQT MIR Wholesale Australian Geared Equities Class G managed fund is ETL0045AU.

EQT MIR Wholesale Australian Geared Equities Class G’s total return last month was 5.51%. This was made up of a growth return of 5.51% and an income return of 0%. These returns were calculated as at 31 May 2008.

EQT MIR Wholesale Australian Geared Equities Class G’s total return for the last three months was 6.87%. This was made up of a growth return of 6.87% and an income return of 0%%. These returns were calculated as at 31 May 2008.

EQT MIR Wholesale Australian Geared Equities Class G’s one-year total return is -14.26%. This was made up of a growth return of -45.05% and an income return of 30.79%. These returns were calculated as at 31 May 2008.

EQT MIR Wholesale Australian Geared Equities Class G’s one-year total return is 17.28%. This was made up of a growth return of -28.87% and an income return of 46.15%. These returns were calculated as at 31 May 2008.

The asset allocation of the EQT MIR Wholesale Australian Geared Equities Class G managed fund is :

Australian Equities
54.78%
Cash
2.22%
Property & Infrastructure
42.83%
Alternatives
0.17%
International Equities
0%
Fixed Interest
0%

The Responsible Entity for the EQT MIR Wholesale Australian Geared Equities Class G managed fund is Equity Trustees Ltd.

The EQT MIR Wholesale Australian Geared Equities Class G managed fund belongs to the Equity Australia Large Geared sector/asset class.

As at 30 Apr 2008, the size of the EQT MIR Wholesale Australian Geared Equities Class G managed fund was $0.58 million.

The EQT MIR Wholesale Australian Geared Equities Class G managed fund has an inception date of 1 Nov 2004.

The current entry price of the EQT MIR Wholesale Australian Geared Equities Class G managed fund is $0.3759 per unit and the current exit price is $0.3733 per unit (as at 30 May 2008).

The current exit price of the EQT MIR Wholesale Australian Geared Equities Class G managed fund is $0.3733 per unit and the current entry price is $0.3759 per unit (as at 30 May 2008).

The minimum initial investment amount for the EQT MIR Wholesale Australian Geared Equities Class G 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.