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  5. Goldman Sachs Global Spectrum Fund - Managed fund profile

Goldman Sachs Global Spectrum Fund - Managed Fund (Closed)

Fund Objective
The Fund seeks to provide high absolute returns over the long term (5-7 years), while targeting an average annual volatility level of approximately 15% and low correlation with traditional asset classes.
Fund Strategy
The Fund will generally invest b/w 40-60% in the Goldman Sachs Total Return Fund Offshore, Ltd (Cayman Entity) & 40-60% in the Goldman Sachs JBWere Cash Reserves Fund (Cash Fund). Cayman Entity- uses a quantitative investment process intended to help forecast investment risk & returns in the global stock, bond and currency markets, as well as broad asset classes, and implements this investment process via a series of global asset allocation strategies.

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.
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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 -3.89% -6.67% -1.71% -5.63% -3.22% -12.15% -% -%
Growth return -3.89% -6.67% -1.71% -5.63% -3.22% -12.44% -% -%
Income return 0% 0% 0% 0% 0% 0.29% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
22.40%
Australian Equities
3.95%
International Equities
6.74%
Cash
44.79%
Property & Infrastructure
1.44%
Fixed Interest
20.69%

General Information

Fund Details
Type Description
Goldman Sachs Global Spectrum Fund (Wholesale)
Closed
Goldman Sachs Australia Managed Fds Ltd.
JBW0033AU
Alternative - Other
Not Rated
Investment Fund
12 Jan 2007
$2.09 million (as at 31 Dec 2009)
$0.6507 (as at 26 Feb 2010)
$0.6506 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 2%
Indirect Cost Ratio (ICR) 1.85% (as at 30 Jun 2009)
Minimum initial investment $50,000

FAQs about the Goldman Sachs Global Spectrum Fund

The objective of the Goldman Sachs Global Spectrum Fund managed fund is The Fund seeks to provide high absolute returns over the long term (5-7+ years), while targeting an average annual volatility level of approximately 15% and low correlation with traditional asset classes.

The strategy of the Goldman Sachs Global Spectrum Fund managed fund is The Fund will generally invest b/w 40-60% in the Goldman Sachs Total Return Fund Offshore, Ltd (Cayman Entity) & 40-60% in the Goldman Sachs JBWere Cash Reserves Fund (Cash Fund). Cayman Entity- uses a quantitative investment process intended to help forecast investment risk & returns in the global stock, bond and currency markets, as well as broad asset classes, and implements this investment process via a series of global asset allocation strategies.

The APIR code of the Goldman Sachs Global Spectrum Fund managed fund is JBW0033AU.

Goldman Sachs Global Spectrum Fund’s total return last month was -3.89%. This was made up of a growth return of -3.89% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

Goldman Sachs Global Spectrum Fund’s total return for the last three months was -6.67%. This was made up of a growth return of -6.67% and an income return of 0%%. These returns were calculated as at 28 Feb 2010.

Goldman Sachs Global Spectrum Fund’s one-year total return is -5.63%. This was made up of a growth return of -5.63% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

Goldman Sachs Global Spectrum Fund’s one-year total return is -12.15%. This was made up of a growth return of -12.44% and an income return of 0.29%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the Goldman Sachs Global Spectrum Fund managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

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

The Goldman Sachs Global Spectrum Fund managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Dec 2009, the size of the Goldman Sachs Global Spectrum Fund managed fund was $2.09 million.

The Goldman Sachs Global Spectrum Fund managed fund has an inception date of 12 Jan 2007.

The current entry price of the Goldman Sachs Global Spectrum Fund managed fund is $0.6507 per unit and the current exit price is $0.6506 per unit (as at 26 Feb 2010).

The current exit price of the Goldman Sachs Global Spectrum Fund managed fund is $0.6506 per unit and the current entry price is $0.6507 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the Goldman Sachs Global Spectrum Fund managed fund is $50,000.

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.