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  5. GMO Hedged Global Equity Trust - Managed fund profile

GMO Hedged Global Equity Trust - Managed Fund (Closed)

Fund Objective
The Trust invests in the GMO Global Equity Trust and generally aims to hedge returns of the (MSCI) World Index (ex Australia) ("Benchmark") to Australian dollars. The GMO Global Equity Trust seeks to delivery high total return by investing primarily in a portfolio of equity stocks that the Investment Manager believes will provide a higher return than the Benchmark.
Fund Strategy
Under normal circumstances, the GMO Global Equity Trust invests directly and indirectly (e.g., through underlying funds or derivatives) at least 80% of its assets in stocks tied economically to developed markets.

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 4.28% 7.49% 12.21% 26.14% 23.34% 14.63% 8.3% -%
Growth return 4.28% 7.49% 10.88% 17.21% 18.9% 3.41% 0.61% -%
Income return 0% 0% 1.33% 8.93% 4.44% 11.22% 7.69% -%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 30 Sep 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

GMO Hedged Global Equity Trust
International Equities
97.80%
Cash
2.20%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
98.27%
Cash
1.45%
Australian Equities
0.06%
Property & Infrastructure
0.20%
Fixed Interest
0.03%
Alternatives
0%

General Information

Fund Details
Type Description
GMO Hedged Global Equity Trust (Wholesale)
Closed
GMO Australia Limited
GMO0004AU
Equity World - Currency Hedged
starstarstar (as at 30 Sep 2013)
Investment Fund
12 Sep 2005
$16.38 million (as at 30 Sep 2013)
$0.7843 (as at 22 Oct 2013)
$0.7803 (as at 22 Oct 2013)
Finalised
Offer information
Type Description
MER 0.66% (as at 3 Jul 2008)
Indirect Cost Ratio (ICR) 0.66% (as at 30 Jun 2012)
Minimum initial investment $500,000
Minimum additional investments $250,000
Minimum redemption amount $250,000

Top 10 holdings (as at 31 Oct 2011)

Holding (as at 31 Oct 2011) Type % of Portfolio
Johnson & Johnson Equity 3.52%
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FAQs about the GMO Hedged Global Equity Trust

The objective of the GMO Hedged Global Equity Trust managed fund is The Trust invests in the GMO Global Equity Trust and generally aims to hedge returns of the (MSCI) World Index (ex Australia) ("Benchmark") to Australian dollars. The GMO Global Equity Trust seeks to delivery high total return by investing primarily in a portfolio of equity stocks that the Investment Manager believes will provide a higher return than the Benchmark.

The strategy of the GMO Hedged Global Equity Trust managed fund is Under normal circumstances, the GMO Global Equity Trust invests directly and indirectly (e.g., through underlying funds or derivatives) at least 80% of its assets in stocks tied economically to developed markets.

The APIR code of the GMO Hedged Global Equity Trust managed fund is GMO0004AU.

GMO Hedged Global Equity Trust’s total return last month was 4.28%. This was made up of a growth return of 4.28% and an income return of 0%. These returns were calculated as at 30 Sep 2013.

GMO Hedged Global Equity Trust’s total return for the last three months was 7.49%. This was made up of a growth return of 7.49% and an income return of 0%%. These returns were calculated as at 30 Sep 2013.

GMO Hedged Global Equity Trust’s one-year total return is 26.14%. This was made up of a growth return of 17.21% and an income return of 8.93%. These returns were calculated as at 30 Sep 2013.

GMO Hedged Global Equity Trust’s one-year total return is 14.63%. This was made up of a growth return of 3.41% and an income return of 11.22%. These returns were calculated as at 30 Sep 2013.

The asset allocation of the GMO Hedged Global Equity Trust managed fund is :

International Equities
97.80%
Cash
2.20%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the GMO Hedged Global Equity Trust managed fund is GMO Australia Limited.

The GMO Hedged Global Equity Trust managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 30 Sep 2013, the size of the GMO Hedged Global Equity Trust managed fund was $16.38 million.

The GMO Hedged Global Equity Trust managed fund has an inception date of 12 Sep 2005.

The current entry price of the GMO Hedged Global Equity Trust managed fund is $0.7843 per unit and the current exit price is $0.7803 per unit (as at 22 Oct 2013).

The current exit price of the GMO Hedged Global Equity Trust managed fund is $0.7803 per unit and the current entry price is $0.7843 per unit (as at 22 Oct 2013).

The minimum initial investment amount for the GMO Hedged Global Equity Trust managed fund is $500,000. Minimum additional investment is $250000.

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.