GMO Australian Market Neutral Trust - 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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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.88 2.7 3.68 -1.84 -6.1 2.49 2.85 -
Growth return 0.88 2.7 2.72 -3.99 -36.95 -22.67 -13.89 -
Income return 0 0 0.96 2.15 30.85 25.16 16.74 -
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.08 0.26 0.63 1.61 1.75 1.75 1.95 2.87
As as 30 Sep 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

GMO Australian Market Neutral Trust
Australian Equities
-2.33%
Cash
100.02%
Property
2.31%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
8.71%
Cash
49.50%
Property
1.38%
International Equities
8.59%
Fixed Interest
9.41%
Alternatives
22.41%

General Information

Fund Details
Type Description
GMO Australian Market Neutral Trust (Wholesale)
Closed
GMO Australia Limited
GMO0003AU
Hedge Funds - Australia
starstarstar (as at 30 Sep 2010)
Investment Fund
5 Mar 2003
$3.93 million (as at 30 Sep 2010)
$0.4697 (as at 20 Oct 2010)
$0.4659 (as at 20 Oct 2010)
Fund Objective
The GMO Australian Market Neutral Trust aims to outperform the UBS Australia Bank Bill Index by 7% per annum over 5 year rolling periods with a tracking error of 7% per annum.
Fund Strategy
The objective of the GMO Australian Market Neutral Trust is to provide capital appreciation. It invests in long and short positions in Australian equity securities, but with negligible net exposure to the Australian equity market. Quantitative techniques are used to determine the selection of securities which are expected to both outperform and underperform. Benchmark: UBS Australian Bank Bill Index
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.54% (as at 30 Jun 2009)
Minimum initial investment $500,000

Top 10 holdings (as at 31 Aug 2010)

Holding (as at 31 Aug 2010) Type % of Portfolio
Caltex Australia Limited Equity 237.18%
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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 11.39%
Intelligent Investor Equity Growth 9.87%
InvestSMART High Growth 9.27%
Intelligent Investor Equity Income 9.06%
InvestSMART Diversified Property and Infrastructure 8.48%
InvestSMART Growth 8.47%
Intelligent Investor Australian Small Companies Fund 7.27%
InvestSMART Balanced 6.86%
InvestSMART Conservative 5.33%
InvestSMART Hybrid Income 5.27%
InvestSMART Interest Income 3.75%