Falkiner Global Absolute Returns - Managed Fund

Fund Performance Comparison

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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

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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 -7.68 -5.75 -21.9 -72.49 -63.16 -46.29 - -
Growth return -7.68 -5.75 -21.9 -72.49 -63.16 -46.29 - -
Income return 0 0 0 0 0 0 - -
Market index (MSCI World Ex Australia NR AUD)
Total return 2.01 4.65 - 9.13 14.83 15.01 13.01 12.11
As as 30 Sep 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Falkiner Global Absolute Returns
Australian Equities
40%
International Equities
19%
Cash
41%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
0.43%
International Equities
94.29%
Cash
4.55%
Property
0.44%
Fixed Interest
0.12%
Alternatives
0.17%

General Information

Fund Details
Type Description
Falkiner Global Absolute Returns
Closed
Falkiner Global Investors Limited
FGI0001AU
Equity World Large Growth
star (as at 30 Sep 2009)
Investment Fund
30 Nov 2004
$1.34 million (as at 30 Sep 2009)
$0.1932 (as at 30 Sep 2009)
$0.1923 (as at 30 Sep 2009)
Fund Objective
13%-22% pa over 5-7 yr cycle To generate strong absolute returns from a selection of companies chosen with a global outlook for opportunities in developed markets around the world. To procure a reasonably steady upward trend in the Unit price. Preservation of capital is an important objective of this Fund.
Fund Strategy
Aims to maximise absolute returns, not relative returns. Stock selection is made on an individual basis without major regard to sector or style descriptions such as value and growth. The investment process is primarily based on bottom up stock selection overlaid with top down macro themes. Typically 15 to 30 positions, including long and short. Derivatives will be used to manage portfolio equity and interest rate risk.
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 2.85% (as at 30 Jun 2008) (Estimated)
Minimum initial investment $25,000

Top 10 holdings (as at 30 Apr 2008)

Holding (as at 30 Apr 2008) Type % of Portfolio
Fortescue Metals Grp Ltd Stock 15.15%
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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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Underperforming
81%^

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.39%
Intelligent Investor Equity Growth 9.87%
InvestSMART High Growth 9.27%
Intelligent Investor Equity Income 9.06%
InvestSMART Diversified Property and Infrastructure 8.48%
InvestSMART Growth 8.47%
Intelligent Investor Australian Small Companies Fund 7.27%
InvestSMART Balanced 6.86%
InvestSMART Conservative 5.33%
InvestSMART Hybrid Income 5.27%
InvestSMART Interest Income 3.75%