InvestSMART

Goldman Sachs Europe Wholesale Fund - Managed Fund (Closed)

Fund Objective
To achieve medium- to long-term capital by investing in European companies. Recommended investment timeframe is 5-7 years-plus. Benchmark: MSCI Europe Index.
Fund Strategy
Invests in companies listed or primarily domiciled in countries in the MSCI Europe Index. Up to 10% will be invested in securities listed in countries in the MSCI Emerging Markets Free Europe Index. Minimum 80% invested in securities at all times. Up to 20% of the Fund's currency exposure can be hedged back into A$. The Manager has appointed Wellington Management Company to manage the international assets of the Fund.

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 -11.64% -12.09% -14.29% -17.49% -0.27% 4.04% 6.53% -%
Growth return -11.64% -12.09% -14.29% -18.88% -1.72% 2.58% 5.17% -%
Income return 0% 0% 0% 1.39% 1.45% 1.46% 1.36% -%
Market index (MSCI Europe NR USD)
Total return 1.98% 3.62% 15.41% 15.08% 20.05% 22.91% 12.19% 8.14%
As at 31 Jan 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Goldman Sachs Europe Wholesale Fund
International Equities
96.01%
Cash
3.99%
Property & Infrastructure
0%
Average Allocation of Peers
International Equities
96.72%
Cash
3.12%
Property & Infrastructure
0.15%

General Information

Fund Details
Type Description
Goldman Sachs Europe Wholesale Fund (Wholesale)
Closed
Goldman Sachs Australia Managed Fds Ltd.
JBW0105AU
Equity Europe
Not Rated
Investment Fund
9 Nov 1999
$5.58 million (as at 31 Jan 2008)
$0.8158 (as at 28 Feb 2008)
$0.8133 (as at 28 Feb 2008)
Finalised
Offer information
Type Description
MER 1.23% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 1.22% (as at 30 Jun 2007)
Minimum initial investment $50,000
Minimum additional investments $1,000.00

Top 10 holdings (as at 31 Jan 2008)

Holding (as at 31 Jan 2008) Type % of Portfolio
BP Stock 4.19%
Login now to view the complete list of holdings.

FAQs about the Goldman Sachs Europe Wholesale Fund

The objective of the Goldman Sachs Europe Wholesale Fund managed fund is To achieve medium- to long-term capital by investing in European companies. Recommended investment timeframe is 5-7 years-plus. Benchmark: MSCI Europe Index.

The strategy of the Goldman Sachs Europe Wholesale Fund managed fund is Invests in companies listed or primarily domiciled in countries in the MSCI Europe Index. Up to 10% will be invested in securities listed in countries in the MSCI Emerging Markets Free Europe Index. Minimum 80% invested in securities at all times. Up to 20% of the Fund's currency exposure can be hedged back into A$. The Manager has appointed Wellington Management Company to manage the international assets of the Fund.

The APIR code of the Goldman Sachs Europe Wholesale Fund managed fund is JBW0105AU.

Goldman Sachs Europe Wholesale Fund’s total return last month was -11.64%. This was made up of a growth return of -11.64% and an income return of 0%. These returns were calculated as at 31 Jan 2008.

Goldman Sachs Europe Wholesale Fund’s total return for the last three months was -12.09%. This was made up of a growth return of -12.09% and an income return of 0%%. These returns were calculated as at 31 Jan 2008.

Goldman Sachs Europe Wholesale Fund’s one-year total return is -17.49%. This was made up of a growth return of -18.88% and an income return of 1.39%. These returns were calculated as at 31 Jan 2008.

Goldman Sachs Europe Wholesale Fund’s one-year total return is 4.04%. This was made up of a growth return of 2.58% and an income return of 1.46%. These returns were calculated as at 31 Jan 2008.

The asset allocation of the Goldman Sachs Europe Wholesale Fund managed fund is :

International Equities
96.01%
Cash
3.99%
Property & Infrastructure
0%

The Responsible Entity for the Goldman Sachs Europe Wholesale Fund managed fund is Goldman Sachs Australia Managed Fds Ltd..

The Goldman Sachs Europe Wholesale Fund managed fund belongs to the Equity Europe sector/asset class.

As at 31 Jan 2008, the size of the Goldman Sachs Europe Wholesale Fund managed fund was $5.58 million.

The Goldman Sachs Europe Wholesale Fund managed fund has an inception date of 9 Nov 1999.

The current entry price of the Goldman Sachs Europe Wholesale Fund managed fund is $0.8158 per unit and the current exit price is $0.8133 per unit (as at 28 Feb 2008).

The current exit price of the Goldman Sachs Europe Wholesale Fund managed fund is $0.8133 per unit and the current entry price is $0.8158 per unit (as at 28 Feb 2008).

The minimum initial investment amount for the Goldman Sachs Europe Wholesale Fund managed fund is $50,000. Minimum additional investment is $1000.

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.