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  5. Gottex MN Fund - Managed fund profile

Gottex MN Fund - Managed Fund (Closed)

Fund Objective
To achieve consistent incremental absolute returns, with low risk and low correlation to the stock and bond markets.
Fund Strategy
The fund has been structured to offer Australian domiciled investors an appropriately regulated vehicle to access Gottex's international fund of hedge fund offerings, namely the Gottex Market Neutral Funds, (which are share classes of the Gottex Value Added Fund Limited). It follows that the primary assets of the Fund will be its investments in the Gottex Market Neutral Funds. The Select Gottex Market Neutral Fund invests in the Gottex Market Neutral Fund.

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 0.87% 2.46% 4.85% 7.52% 10.94% -2.63% 1.33% -%
Growth return 0.87% 2.46% 4.85% 7.52% 10.94% -3.06% -2.58% -%
Income return 0% 0% 0% 0% 0% 0.43% 3.91% -%
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 31 Dec 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Gottex MN Fund
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
22.40%
Australian Equities
3.95%
International Equities
6.69%
Cash
44.84%
Property & Infrastructure
1.44%
Fixed Interest
20.69%

General Information

Fund Details
Type Description
Gottex MN Fund
Closed
Select Investment Partners Limited
SLT0004AU
Alternative - Other
Not Rated
Investment Fund
1 Dec 2002
$61.3 million (as at 30 Nov 2009)
$1.0009 (as at 31 Dec 2010)
$1.0009 (as at 31 Dec 2010)
Finalised
Offer information
Type Description
MER 1.85% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.10% (as at 30 Jun 2010)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments

FAQs about the Gottex MN Fund

The objective of the Gottex MN Fund managed fund is To achieve consistent incremental absolute returns, with low risk and low correlation to the stock and bond markets.

The strategy of the Gottex MN Fund managed fund is The fund has been structured to offer Australian domiciled investors an appropriately regulated vehicle to access Gottex's international fund of hedge fund offerings, namely the Gottex Market Neutral Funds, (which are share classes of the Gottex Value Added Fund Limited). It follows that the primary assets of the Fund will be its investments in the Gottex Market Neutral Funds. The Select Gottex Market Neutral Fund invests in the Gottex Market Neutral Fund.

The APIR code of the Gottex MN Fund managed fund is SLT0004AU.

Gottex MN Fund’s total return last month was 0.87%. This was made up of a growth return of 0.87% and an income return of 0%. These returns were calculated as at 31 Dec 2010.

Gottex MN Fund’s total return for the last three months was 2.46%. This was made up of a growth return of 2.46% and an income return of 0%%. These returns were calculated as at 31 Dec 2010.

Gottex MN Fund’s one-year total return is 7.52%. This was made up of a growth return of 7.52% and an income return of 0%. These returns were calculated as at 31 Dec 2010.

Gottex MN Fund’s one-year total return is -2.63%. This was made up of a growth return of -3.06% and an income return of 0.43%. These returns were calculated as at 31 Dec 2010.

The asset allocation of the Gottex MN 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 Gottex MN Fund managed fund is Select Investment Partners Limited.

The Gottex MN Fund managed fund belongs to the Alternative - Other sector/asset class.

As at 30 Nov 2009, the size of the Gottex MN Fund managed fund was $61.3 million.

The Gottex MN Fund managed fund has an inception date of 1 Dec 2002.

The current entry price of the Gottex MN Fund managed fund is $1.0009 per unit and the current exit price is $1.0009 per unit (as at 31 Dec 2010).

The current exit price of the Gottex MN Fund managed fund is $1.0009 per unit and the current entry price is $1.0009 per unit (as at 31 Dec 2010).

The minimum initial investment amount for the Gottex MN Fund managed fund is $25,000. Minimum additional investment is $0.

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.