FRM Diversified Australia - 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 0.25 3.65 0.92 8.39 11.92 11.57 11.06 -
Growth return -3.25 0.04 -2.6 -2.2 -2.51 1.76 3.85 -
Income return 3.5 3.61 3.52 10.59 14.43 9.81 7.21 -
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.08 0.26 0.63 1.61 1.75 1.75 1.95 2.87
As as 30 Jun 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

FRM Diversified Australia
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
22.19%
Australian Equities
8.67%
International Equities
8.51%
Cash
49.82%
Property
1.39%
Fixed Interest
9.42%

General Information

Fund Details
Type Description
FRM Diversified Australia (Wholesale)
Closed
FRM (Australia) Pty Limited
Alternative Strategies
Not Rated
Investment Fund
1 Nov 2002
$207.3 million (as at 30 Jun 2008)
$1228.5352 (as at 30 Jun 2008)
$1228.5352 (as at 30 Jun 2008)
Fund Objective
The Fund's objective is to provide consistently superior risk adjusted returns with low volatility and low correlation with equities and fixed-income markets. The Fund seeks to deliver excess returns over cash, low annualised volatility and near-zero beta to traditional asset classes, when measured over a market cycle.
Fund Strategy
The Fund seeks to achieve its objectives by providing investors with exposure to a diversified portfolio of collective investment schemes. This portfolio has been created as a global Fund of Funds sponsored and managed by the FRM Group. The Fund invests directly into the securities of the AA Diversified Fund. The AA Diversified Fund will in turn invest into the AA US$ Diversified Fund, and will also execute foreign exchange hedging transactions to minimise any non-Australian dollar exposure. At each level each fund may at times hold cash.
Offer information
Type Description
Minimum initial investment $1,000,000

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 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%