InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Global - Meridian Investment Trust No 1 - Managed fund profile

Global - Meridian Investment Trust No 1 - Managed Fund (Closed)

Fund Objective
To restore value to existing unitholders in the former Estate Mortgage Trusts over the medium to long term.
Fund Strategy
The Manager and Trustees are attempting to resolve with borrowersthe substantial proportion of developmental mortgages in default.The objective is to complete unfinished development projects in order to generate income and increase capital values for the former Estate Mortgage Trusts and thus restore value over the medium to long term.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0% 0% 0% 9.43% 13.06% 14.01% 15.21% -%
Growth return 0% 0% 0% 0% 0% 0% 0% -%
Income return 0% 0% 0% 9.43% 13.06% 14.01% 15.21% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.09% 2.15% 4.19% 3.11% 2.08% -% 1.82%
As at 30 Jun 1990. 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
72.22%
Australian Equities
0.49%
International Equities
0.06%
Cash
27.22%
Alternatives
0.02%

General Information

Fund Details
Type Description
Global - Meridian Investment Trust No 1
Closed
Tyndall Funds Management (NSW) Limited
Mortgages
Not Rated
Investment Fund
23 Dec 1983
$135.91 million (as at 31 Mar 1990)
$1 (as at 31 Jul 1990)
$1 (as at 31 Jul 1990)
Finalised
Offer information
Type Description

FAQs about the Global - Meridian Investment Trust No 1

The objective of the Global - Meridian Investment Trust No 1 managed fund is To restore value to existing unitholders in the former Estate Mortgage Trusts over the medium to long term.

The strategy of the Global - Meridian Investment Trust No 1 managed fund is The Manager and Trustees are attempting to resolve with borrowersthe substantial proportion of developmental mortgages in default.The objective is to complete unfinished development projects in order to generate income and increase capital values for the former Estate Mortgage Trusts and thus restore value over the medium to long term.

The APIR code of the Global - Meridian Investment Trust No 1 managed fund is .

Global - Meridian Investment Trust No 1’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 30 Jun 1990.

Global - Meridian Investment Trust No 1’s total return for the last three months was 0%. This was made up of a growth return of 0% and an income return of 0%%. These returns were calculated as at 30 Jun 1990.

Global - Meridian Investment Trust No 1’s one-year total return is 9.43%. This was made up of a growth return of 0% and an income return of 9.43%. These returns were calculated as at 30 Jun 1990.

Global - Meridian Investment Trust No 1’s one-year total return is 14.01%. This was made up of a growth return of 0% and an income return of 14.01%. These returns were calculated as at 30 Jun 1990.

The asset allocation of the Global - Meridian Investment Trust No 1 managed fund is :

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

The Responsible Entity for the Global - Meridian Investment Trust No 1 managed fund is Tyndall Funds Management (NSW) Limited.

The Global - Meridian Investment Trust No 1 managed fund belongs to the Mortgages sector/asset class.

As at 31 Mar 1990, the size of the Global - Meridian Investment Trust No 1 managed fund was $135.91 million.

The Global - Meridian Investment Trust No 1 managed fund has an inception date of 23 Dec 1983.

The current entry price of the Global - Meridian Investment Trust No 1 managed fund is $1 per unit and the current exit price is $1 per unit (as at 31 Jul 1990).

The current exit price of the Global - Meridian Investment Trust No 1 managed fund is $1 per unit and the current entry price is $1 per unit (as at 31 Jul 1990).

The minimum initial investment amount for the Global - Meridian Investment Trust No 1 managed fund is $.

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.