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  5. Goldman Sachs Resources Fund - Managed fund profile

Goldman Sachs Resources Fund - Managed Fund (Closed)

Fund Objective
To achieve medium- to long-term capital growth by investing in resource companies. In doing so, the Fund aims to outperform the S&P/ASX 300 Resources Accumulation Index over rolling three-year periods. The Fund invests in an underlying pooled fund, the Goldman Sachs JBWere Resources Pooled Fund.
Fund Strategy
The Fund invests in securities in resource companies which are listed on the Australian Stock Exchange with a bias towards companies within the S&P/ASX 100 Index. It invests at least 80% of assets in securities at all times, with a strong focus on companies with producing assets and/or existing quality resources. The fund can invest up to 20% of assets in cash. It generally holds 10-25 securities in the portfolio.

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 4.68% 3.3% -6.28% 9.05% -9.41% -4.25% -6.51% 8.5%
Growth return 4.68% -5.59% -14.35% -0.61% -15.51% -9.15% -9.63% 4.51%
Income return 0% 8.89% 8.07% 9.66% 6.1% 4.9% 3.12% 3.99%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 31 Aug 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Goldman Sachs Resources Fund
Australian Equities
99.01%
Cash
0.99%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.67%
Cash
-0.83%
International Equities
4.85%
Property & Infrastructure
1.44%
Fixed Interest
0.28%
Alternatives
0.59%

General Information

Fund Details
Type Description
Goldman Sachs Resources Fund
Closed
Goldman Sachs Australia Managed Fds Ltd.
JBW0008AU
Equity Australia Other
Not Rated
Investment Fund
3 Nov 1994
$7.62 million (as at 31 Aug 2013)
n/a
$2.2994 (as at 19 Sep 2013)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.90% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 1.90% (as at 30 Jun 2013)
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00

FAQs about the Goldman Sachs Resources Fund

The objective of the Goldman Sachs Resources Fund managed fund is To achieve medium- to long-term capital growth by investing in resource companies. In doing so, the Fund aims to outperform the S&P/ASX 300 Resources Accumulation Index over rolling three-year periods. The Fund invests in an underlying pooled fund, the Goldman Sachs JBWere Resources Pooled Fund.

The strategy of the Goldman Sachs Resources Fund managed fund is The Fund invests in securities in resource companies which are listed on the Australian Stock Exchange with a bias towards companies within the S&P/ASX 100 Index. It invests at least 80% of assets in securities at all times, with a strong focus on companies with producing assets and/or existing quality resources. The fund can invest up to 20% of assets in cash. It generally holds 10-25 securities in the portfolio.

The APIR code of the Goldman Sachs Resources Fund managed fund is JBW0008AU.

Goldman Sachs Resources Fund’s total return last month was 4.68%. This was made up of a growth return of 4.68% and an income return of 0%. These returns were calculated as at 31 Aug 2013.

Goldman Sachs Resources Fund’s total return for the last three months was 3.3%. This was made up of a growth return of -5.59% and an income return of 8.89%%. These returns were calculated as at 31 Aug 2013.

Goldman Sachs Resources Fund’s one-year total return is 9.05%. This was made up of a growth return of -0.61% and an income return of 9.66%. These returns were calculated as at 31 Aug 2013.

Goldman Sachs Resources Fund’s one-year total return is -4.25%. This was made up of a growth return of -9.15% and an income return of 4.9%. These returns were calculated as at 31 Aug 2013.

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

Australian Equities
99.01%
Cash
0.99%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

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

The Goldman Sachs Resources Fund managed fund belongs to the Equity Australia Other sector/asset class.

As at 31 Aug 2013, the size of the Goldman Sachs Resources Fund managed fund was $7.62 million.

The Goldman Sachs Resources Fund managed fund has an inception date of 3 Nov 1994.

The current entry price of the Goldman Sachs Resources Fund managed fund is $ per unit and the current exit price is $2.2994 per unit (as at 19 Sep 2013).

The current exit price of the Goldman Sachs Resources Fund managed fund is $2.2994 per unit and the current entry price is $ per unit (as at 19 Sep 2013).

The minimum initial investment amount for the Goldman Sachs Resources Fund managed fund is $5,000. 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.