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  5. GMO Australian Equity Momentum Trust - Managed fund profile

GMO Australian Equity Momentum Trust - Managed Fund (Closed)

Fund Objective
The GMO Australian Equity Momentum Trust aims to outperform the S&P/ASX 300 Accumulation Index by 3% per annum over a rolling five year period, before taking into account Trust fees and expenses.
Fund Strategy
The GMO Australian Equity Momentum Trust offers a risk-controlled diversified portfolio of between 35-80 Australian shares focusing on stocks with positive momentum, sentiment and earnings forecasts. The Trust complements both value and growth management styles. Risk is controlled via an optimisation process analysing the trade-off between anticipated returns and each security's contribution to volatility. The Trust intends to be fully invested and not take temporary defensive cash positions but reserves the right to do so

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 0.49% -2.83% -1.24% 14.46% 17.45% -% -% -%
Growth return 0.49% -10.66% -9.2% 0.67% 1.03% -% -% -%
Income return 0% 7.83% 7.96% 13.79% 16.42% -% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 31 Aug 2007. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

GMO Australian Equity Momentum Trust
Australian Equities
96.79%
Cash
0.94%
Property
2.27%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.51%
Cash
0.83%
Property
3.24%
International Equities
4.01%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
GMO Australian Equity Momentum Trust (Wholesale)
Closed
GMO Australia Limited
GMO0005AU
Equity Australia Other
Not Rated
Investment Fund
9 Sep 2004
$163.75 million (as at 31 Aug 2007)
$1.226 (as at 24 Sep 2007)
$1.2211 (as at 24 Sep 2007)
Finalised
Offer information
Type Description
Minimum initial investment $500,000

Top 10 holdings (as at 31 Jul 2007)

Holding (as at 31 Jul 2007) Type % of Portfolio
QBE Insurance Grp Ltd Stock 11.24%
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FAQs about the GMO Australian Equity Momentum Trust

The objective of the GMO Australian Equity Momentum Trust managed fund is The GMO Australian Equity Momentum Trust aims to outperform the S&P/ASX 300 Accumulation Index by 3% per annum over a rolling five year period, before taking into account Trust fees and expenses.

The strategy of the GMO Australian Equity Momentum Trust managed fund is The GMO Australian Equity Momentum Trust offers a risk-controlled diversified portfolio of between 35-80 Australian shares focusing on stocks with positive momentum, sentiment and earnings forecasts. The Trust complements both value and growth management styles. Risk is controlled via an optimisation process analysing the trade-off between anticipated returns and each security's contribution to volatility. The Trust intends to be fully invested and not take temporary defensive cash positions but reserves the right to do so

The APIR code of the GMO Australian Equity Momentum Trust managed fund is GMO0005AU.

GMO Australian Equity Momentum Trust’s total return last month was 0.49%. This was made up of a growth return of 0.49% and an income return of 0%. These returns were calculated as at 31 Aug 2007.

GMO Australian Equity Momentum Trust’s total return for the last three months was -2.83%. This was made up of a growth return of -10.66% and an income return of 7.83%%. These returns were calculated as at 31 Aug 2007.

GMO Australian Equity Momentum Trust’s one-year total return is 14.46%. This was made up of a growth return of 0.67% and an income return of 13.79%. These returns were calculated as at 31 Aug 2007.

GMO Australian Equity Momentum Trust’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 31 Aug 2007.

The asset allocation of the GMO Australian Equity Momentum Trust managed fund is :

Australian Equities
96.79%
Cash
0.94%
Property
2.27%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the GMO Australian Equity Momentum Trust managed fund is GMO Australia Limited.

The GMO Australian Equity Momentum Trust managed fund belongs to the Equity Australia Other sector/asset class.

As at 31 Aug 2007, the size of the GMO Australian Equity Momentum Trust managed fund was $163.75 million.

The GMO Australian Equity Momentum Trust managed fund has an inception date of 9 Sep 2004.

The current entry price of the GMO Australian Equity Momentum Trust managed fund is $1.226 per unit and the current exit price is $1.2211 per unit (as at 24 Sep 2007).

The current exit price of the GMO Australian Equity Momentum Trust managed fund is $1.2211 per unit and the current entry price is $1.226 per unit (as at 24 Sep 2007).

The minimum initial investment amount for the GMO Australian Equity Momentum Trust managed fund is $500,000.

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.