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  5. GEM ADF - Income Fund - Managed fund profile

GEM ADF - Income Fund - Managed Fund (Closed)

Fund Objective
An approved deposit fund aiming for high income with a secure capital base.
Fund Strategy
Invest in a range of interest bearing securities, such as government, semi-government and bank backed securities. The manager intends to buy and hold securities through to maturity.

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.
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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 0.05% 0.95% 2.39% 5.26% 5.29% 5.23% 7.28% -%
Growth return 0.05% 0.95% 2.39% 5.26% 5.29% 5.23% 7.28% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.33% 1.05% 3.11% 4.31% 4.73% 3.74% -0.03% 2.14%
As at 31 May 1995. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Fixed Interest
92.51%
Australian Equities
0.63%
International Equities
0.02%
Cash
6.57%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
GEM ADF - Income Fund
Closed
Growth Equities Mutual Limited
GEM0601AU
Bonds - Australia
Not Rated
Superannuation Fund
6 Nov 1986
$5.4 million (as at 30 Apr 1995)
n/a
$2.2623 (as at 26 May 1995)
Finalised
Offer information
Type Description
Minimum initial investment $1,000.00

FAQs about the GEM ADF - Income Fund

The objective of the GEM ADF - Income Fund managed fund is An approved deposit fund aiming for high income with a secure capital base.

The strategy of the GEM ADF - Income Fund managed fund is Invest in a range of interest bearing securities, such as government, semi-government and bank backed securities. The manager intends to buy and hold securities through to maturity.

The APIR code of the GEM ADF - Income Fund managed fund is GEM0601AU.

GEM ADF - Income Fund’s total return last month was 0.05%. This was made up of a growth return of 0.05% and an income return of 0%. These returns were calculated as at 31 May 1995.

GEM ADF - Income Fund’s total return for the last three months was 0.95%. This was made up of a growth return of 0.95% and an income return of 0%%. These returns were calculated as at 31 May 1995.

GEM ADF - Income Fund’s one-year total return is 5.26%. This was made up of a growth return of 5.26% and an income return of 0%. These returns were calculated as at 31 May 1995.

GEM ADF - Income Fund’s one-year total return is 5.23%. This was made up of a growth return of 5.23% and an income return of 0%. These returns were calculated as at 31 May 1995.

The asset allocation of the GEM ADF - Income Fund managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the GEM ADF - Income Fund managed fund is Growth Equities Mutual Limited.

The GEM ADF - Income Fund managed fund belongs to the Bonds - Australia sector/asset class.

As at 30 Apr 1995, the size of the GEM ADF - Income Fund managed fund was $5.4 million.

The GEM ADF - Income Fund managed fund has an inception date of 6 Nov 1986.

The current entry price of the GEM ADF - Income Fund managed fund is $ per unit and the current exit price is $2.2623 per unit (as at 26 May 1995).

The current exit price of the GEM ADF - Income Fund managed fund is $2.2623 per unit and the current entry price is $ per unit (as at 26 May 1995).

The minimum initial investment amount for the GEM ADF - Income Fund managed fund is $1,000.

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.