Generator - 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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Average of peers ({{ fund.benchmark.peers.peerCount }})
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 -6.79 -12.07 -3.27 1.3 2.53 -2.12 0.75 -
Growth return -6.79 -12.07 -3.63 -0.81 -1.59 -7.88 -5.82 -
Income return 0 0 0.36 2.11 4.12 5.76 6.57 -
Market index (Morningstar Aus Msec Aggressive TR AUD)
Total return 0.11 1.17 6.34 16.5 11.06 12.8 10.31 10.1
As as 30 Nov 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Generator
Australian Equities
50.56%
Cash
16.91%
Alternatives
32.53%
International Equities
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
34.68%
Cash
4.18%
Alternatives
5.61%
International Equities
45.03%
Property
5.07%
Fixed Interest
5.43%

General Information

Fund Details
Type Description
Generator
Closed
Avestra Asset Management Ltd
FHT0004AU
Multisector Aggressive
star (as at 31 Mar 2012)
Investment Fund
31 Oct 2007
$1.6 million (as at 28 Feb 2014)
$0.5076 (as at 29 Nov 2013)
$0.505 (as at 29 Nov 2013)
Fund Objective
The objective of Generator is to provide a net before tax distribution return of 10% p.a. on average over rolling 3 year periods with lower volatility than a single investment in any one equity-based income strategy and with some potential for capital growth. Generator seeks to provide investors looking for cashflow with a convenient way of diversifying across different fund managers and income strategies within one fund.
Fund Strategy
Generator will invest in a portfolio of Managed Funds and ASX Listed Investment Companies that the investment team believes will provide a higher level of distribution return than a traditional equities-based buy and hold strategy. The Underlying Funds will include various Managed Funds, including traditional long-only equity funds, long-short equity funds, buy-write equity funds, commercial property funds, and ASX Listed Investment Companies.
Offer information
Type Description
Standard entry fee 3.30%
Indirect Cost Ratio (ICR) 1.43% (as at 30 Jun 2013)
Performance fee (not included in ICR) 0
Minimum initial investment $1,000.00

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 11.29%
Intelligent Investor Equity Growth 10.08%
InvestSMART High Growth 9.09%
Intelligent Investor Equity Income 8.77%
InvestSMART Diversified Property and Infrastructure 8.45%
InvestSMART Growth 8.27%
Intelligent Investor Australian Small Companies Fund 7.52%
InvestSMART Balanced 6.67%
InvestSMART Conservative 5.18%
InvestSMART Hybrid Income 4.42%
InvestSMART Interest Income 3.48%