InvestSMART

GWA Asset Management World - Managed Fund (Closed)

Fund Objective
The objective is to invest in companies paying fully franked dividends, to distribute 1.5% of income per quarter, plus franking credits, to hedge 50% market expsoure and outperform the S&P/ASX200 Accumulation Index over rolling 5 year periods with half the level of volatility.
Fund Strategy
To purchase fully franked companies in the ASX Top 100, and short sell the non-fully franked companies in the ASX100.

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 -1.97% 6.34% 21.81% 29.81% 23.73% -% -% -%
Growth return -1.97% 4.2% 19.36% 27.2% 21.43% -% -% -%
Income return 0% 2.14% 2.45% 2.61% 2.3% -% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.32% 6.34% 18.35% 22.32% 25.76% 20.9% 17.3% 12.82%
As at 31 Aug 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
International Equities
95.60%
Australian Equities
1.77%
Cash
1.59%
Property & Infrastructure
0.92%
Fixed Interest
0%
Alternatives
0.12%

General Information

Fund Details
Type Description
GWA Asset Management World
Closed
Fundhost Limited
FHT0025AU
Equity World Large Blend
Not Rated
Investment Fund
15 Jul 2011
$0.3 million (as at 30 Sep 2013)
$1.4337 (as at 25 Sep 2013)
$1.4252 (as at 25 Sep 2013)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.99% (as at 30 Jun 2013)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
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FAQs about the GWA Asset Management World

The objective of the GWA Asset Management World managed fund is The objective is to invest in companies paying fully franked dividends, to distribute 1.5% of income per quarter, plus franking credits, to hedge 50% market expsoure and outperform the S&P/ASX200 Accumulation Index over rolling 5 year periods with half the level of volatility.

The strategy of the GWA Asset Management World managed fund is To purchase fully franked companies in the ASX Top 100, and short sell the non-fully franked companies in the ASX100.

The APIR code of the GWA Asset Management World managed fund is FHT0025AU.

GWA Asset Management World’s total return last month was -1.97%. This was made up of a growth return of -1.97% and an income return of 0%. These returns were calculated as at 31 Aug 2013.

GWA Asset Management World’s total return for the last three months was 6.34%. This was made up of a growth return of 4.2% and an income return of 2.14%%. These returns were calculated as at 31 Aug 2013.

GWA Asset Management World’s one-year total return is 29.81%. This was made up of a growth return of 27.2% and an income return of 2.61%. These returns were calculated as at 31 Aug 2013.

GWA Asset Management World’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2013.

The asset allocation of the GWA Asset Management World managed fund is :

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

The Responsible Entity for the GWA Asset Management World managed fund is Fundhost Limited.

The GWA Asset Management World managed fund belongs to the Equity World Large Blend sector/asset class.

As at 30 Sep 2013, the size of the GWA Asset Management World managed fund was $0.3 million.

The GWA Asset Management World managed fund has an inception date of 15 Jul 2011.

The current entry price of the GWA Asset Management World managed fund is $1.4337 per unit and the current exit price is $1.4252 per unit (as at 25 Sep 2013).

The current exit price of the GWA Asset Management World managed fund is $1.4252 per unit and the current entry price is $1.4337 per unit (as at 25 Sep 2013).

The minimum initial investment amount for the GWA Asset Management World 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.