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  5. Heine - Investment Bond - Managed fund profile

Heine - Investment Bond - Managed Fund (Closed)

Fund Objective
To provide a conservative tax advantaged investment over the long term (9 to 10 years) and to provide capital security and competitive rates of returns relative to other competitors. The Fund is issued by the Permanent Friendly Society and Heine Investment Management Limited is the investment adviser.
Fund Strategy
Invests primarily in registered first mortgages (either direct or through other Heine mortgage investment trusts), government and semi-government bonds, bank accepted bills and cash. Mix of assets that the Society aims to achieve: mortgage investments 75% and cash/money market securities 25%. The Society will not advance loans greater than 66 2/3% of valuation without mortgage insurance.

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 0.16% 0.49% 0.99% 2% 2.06% 2.09% 1.99% 2.86%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.33% 1.05% 3.11% 4.31% 4.73% 3.74% -0.03% 2.14%
As at 30 Jun 2000. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Heine - Investment Bond
Cash
26.95%
Property & Infrastructure
73.05%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.60%
Property & Infrastructure
0.02%
Australian Equities
0.62%
International Equities
0.02%
Fixed Interest
92.48%
Alternatives
0.25%

General Information

Fund Details
Type Description
Heine - Investment Bond
Closed
ING Management Limited
HML0301AU
Bonds - Australia
Not Rated
Investment Fund
1 Aug 1986
$62.47 million (as at 31 Dec 1999)
n/a
n/a
Finalised
Offer information
Type Description
Minimum initial investment $1,000.00

FAQs about the Heine - Investment Bond

The objective of the Heine - Investment Bond managed fund is To provide a conservative tax advantaged investment over the long term (9 to 10 years) and to provide capital security and competitive rates of returns relative to other competitors. The Fund is issued by the Permanent Friendly Society and Heine Investment Management Limited is the investment adviser.

The strategy of the Heine - Investment Bond managed fund is Invests primarily in registered first mortgages (either direct or through other Heine mortgage investment trusts), government and semi-government bonds, bank accepted bills and cash. Mix of assets that the Society aims to achieve: mortgage investments 75% and cash/money market securities 25%. The Society will not advance loans greater than 66 2/3% of valuation without mortgage insurance.

The APIR code of the Heine - Investment Bond managed fund is HML0301AU.

Heine - Investment Bond’s total return last month was 0.16%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2000.

Heine - Investment Bond’s total return for the last three months was 0.49%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 30 Jun 2000.

Heine - Investment Bond’s one-year total return is 2%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2000.

Heine - Investment Bond’s one-year total return is 2.09%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2000.

The asset allocation of the Heine - Investment Bond managed fund is :

Cash
26.95%
Property & Infrastructure
73.05%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Heine - Investment Bond managed fund is ING Management Limited.

The Heine - Investment Bond managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Dec 1999, the size of the Heine - Investment Bond managed fund was $62.47 million.

The Heine - Investment Bond managed fund has an inception date of 1 Aug 1986.

The current entry price of the Heine - Investment Bond managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the Heine - Investment Bond managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the Heine - Investment Bond managed fund is $1,000.

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.