InvestSMART

Heine Allocated Pension - Mortgage - Managed Fund (Closed)

Fund Objective
To provide a high quality investment portfolio with a high level of security of capital and stable income returns. Aims to achieve net returns that exceed the WSR 90 Day Bank Bill Index returns over rolling three year periods.
Fund Strategy
Invests predominantly in registered first mortgages. The underlying mortgages will be secured primarily against income producing properties on the eastern seaboard of Australia. The weighting to any one property sector is limited to 65% of the total assets. Investment ranges (with benchmarks in brackets), mortgage investments 80-90% (85%), cash/money market securities 10-20% (15%).

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 0.41% 1.3% 2.62% 5.29% 5.18% 5.33% -% -%
Growth return 0.41% 1.3% 2.62% 5.29% 5.18% 5.33% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.31% 0.9% 1.83% 3.97% 4.22% 4.11% 2.71% 2.11%
As at 29 Feb 2000. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Heine Allocated Pension - Mortgage
Cash
22.70%
Property & Infrastructure
77.30%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
18.88%
Property & Infrastructure
0.88%
Australian Equities
0.03%
International Equities
0%
Fixed Interest
80.22%
Alternatives
0%

General Information

Fund Details
Type Description
Heine Allocated Pension - Mortgage
Closed
ING Management Limited
HML0006AU
Mortgages
Not Rated
Allocated Pension
8 Nov 1995
$18.99 million (as at 31 Jan 2000)
n/a
$1.2868 (as at 29 Feb 2000)
Finalised
Offer information
Type Description
Minimum initial investment $20,000
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FAQs about the Heine Allocated Pension - Mortgage

The objective of the Heine Allocated Pension - Mortgage managed fund is To provide a high quality investment portfolio with a high level of security of capital and stable income returns. Aims to achieve net returns that exceed the WSR 90 Day Bank Bill Index returns over rolling three year periods.

The strategy of the Heine Allocated Pension - Mortgage managed fund is Invests predominantly in registered first mortgages. The underlying mortgages will be secured primarily against income producing properties on the eastern seaboard of Australia. The weighting to any one property sector is limited to 65% of the total assets. Investment ranges (with benchmarks in brackets), mortgage investments 80-90% (85%), cash/money market securities 10-20% (15%).

The APIR code of the Heine Allocated Pension - Mortgage managed fund is HML0006AU.

Heine Allocated Pension - Mortgage’s total return last month was 0.41%. This was made up of a growth return of 0.41% and an income return of 0%. These returns were calculated as at 29 Feb 2000.

Heine Allocated Pension - Mortgage’s total return for the last three months was 1.3%. This was made up of a growth return of 1.3% and an income return of 0%%. These returns were calculated as at 29 Feb 2000.

Heine Allocated Pension - Mortgage’s one-year total return is 5.29%. This was made up of a growth return of 5.29% and an income return of 0%. These returns were calculated as at 29 Feb 2000.

Heine Allocated Pension - Mortgage’s one-year total return is 5.33%. This was made up of a growth return of 5.33% and an income return of 0%. These returns were calculated as at 29 Feb 2000.

The asset allocation of the Heine Allocated Pension - Mortgage managed fund is :

Cash
22.70%
Property & Infrastructure
77.30%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Heine Allocated Pension - Mortgage managed fund is ING Management Limited.

The Heine Allocated Pension - Mortgage managed fund belongs to the Mortgages sector/asset class.

As at 31 Jan 2000, the size of the Heine Allocated Pension - Mortgage managed fund was $18.99 million.

The Heine Allocated Pension - Mortgage managed fund has an inception date of 8 Nov 1995.

The current entry price of the Heine Allocated Pension - Mortgage managed fund is $ per unit and the current exit price is $1.2868 per unit (as at 29 Feb 2000).

The current exit price of the Heine Allocated Pension - Mortgage managed fund is $1.2868 per unit and the current entry price is $ per unit (as at 29 Feb 2000).

The minimum initial investment amount for the Heine Allocated Pension - Mortgage managed fund is $20,000.

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.