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  5. GEM International Property Securities Fund - Managed fund profile

GEM International Property Securities Fund - Managed Fund (Closed)

Fund Objective
Achieve income and growth from a portfolio of offshore property securities.
Fund Strategy
To participate in overseas property equity markets which offer medium to long term capital growth prospects. Investment will berelatively passive to retain the benefit of capital gains tax indexation. The major areas of investment include Netherlands and UK companies and trusts providing exposure to wide country, property and management spread. Asian and Spanish property vehicles are being considered for future holdings.

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 0.23% 0.57% -4.1% -4.37% -3.38% -% -% -%
Growth return 0.23% -0.67% -6.93% -10.27% -10.55% -% -% -%
Income return 0% 1.24% 2.83% 5.9% 7.17% -% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return -3.26% 5.56% 17.34% 20.71% 15.81% 12% 12.33% 12.94%
As at 30 Nov 1992. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
0.05%
Australian Equities
2.60%
International Equities
92.02%
Cash
3.53%
Property
1.77%
Fixed Interest
0.02%

General Information

Fund Details
Type Description
GEM International Property Securities Fund
Closed
Growth Equities Mutual Limited
Equity World Other
Not Rated
Investment Fund
16 Nov 1990
$11 million (as at 30 Nov 1992)
n/a
$0.4001 (as at 11 Dec 1992)
Finalised
Offer information
Type Description
Minimum initial investment $1,000.00

FAQs about the GEM International Property Securities Fund

The objective of the GEM International Property Securities Fund managed fund is Achieve income and growth from a portfolio of offshore property securities.

The strategy of the GEM International Property Securities Fund managed fund is To participate in overseas property equity markets which offer medium to long term capital growth prospects. Investment will berelatively passive to retain the benefit of capital gains tax indexation. The major areas of investment include Netherlands and UK companies and trusts providing exposure to wide country, property and management spread. Asian and Spanish property vehicles are being considered for future holdings.

The APIR code of the GEM International Property Securities Fund managed fund is .

GEM International Property Securities Fund’s total return last month was 0.23%. This was made up of a growth return of 0.23% and an income return of 0%. These returns were calculated as at 30 Nov 1992.

GEM International Property Securities Fund’s total return for the last three months was 0.57%. This was made up of a growth return of -0.67% and an income return of 1.24%%. These returns were calculated as at 30 Nov 1992.

GEM International Property Securities Fund’s one-year total return is -4.37%. This was made up of a growth return of -10.27% and an income return of 5.9%. These returns were calculated as at 30 Nov 1992.

GEM International Property Securities Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 1992.

The asset allocation of the GEM International Property Securities Fund managed fund is :

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

The Responsible Entity for the GEM International Property Securities Fund managed fund is Growth Equities Mutual Limited.

The GEM International Property Securities Fund managed fund belongs to the Equity World Other sector/asset class.

As at 30 Nov 1992, the size of the GEM International Property Securities Fund managed fund was $11 million.

The GEM International Property Securities Fund managed fund has an inception date of 16 Nov 1990.

The current entry price of the GEM International Property Securities Fund managed fund is $ per unit and the current exit price is $0.4001 per unit (as at 11 Dec 1992).

The current exit price of the GEM International Property Securities Fund managed fund is $0.4001 per unit and the current entry price is $ per unit (as at 11 Dec 1992).

The minimum initial investment amount for the GEM International Property Securities 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.