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  5. Heine Mortgage Trust - Managed fund profile

Heine Mortgage Trust - Managed Fund (Closed)

Fund Objective
To be 60-70% invested in registered first mortgages to pay an interim rate of 12% for the current quarter and a bonus rate of 12% for the current year.
Fund Strategy
Invests in first mortgages secured against freehold property in the industrial retail and residential sectors.

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 1.07% 3.23% 6.57% 13.18% 14.22% 15.01% 14.92% -%
Growth return 0% 0% 0% 0% 0% 0% 0% -%
Income return 1.07% 3.23% 6.57% 13.18% 14.22% 15.01% 14.92% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.09% 2.15% 4.19% 3.11% 2.08% -% 1.82%
As at 31 Dec 1988. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Fixed Interest
72.47%
Australian Equities
0.49%
International Equities
0.05%
Cash
26.97%
Alternatives
0.02%

General Information

Fund Details
Type Description
Heine Mortgage Trust
Closed
ING Management Limited
Mortgages
Not Rated
Investment Fund
31 Mar 1983
$6.04 million (as at 31 Jan 1989)
$1 (as at 30 Apr 1990)
$1 (as at 30 Apr 1990)
Finalised
Offer information
Type Description
Minimum initial investment

FAQs about the Heine Mortgage Trust

The objective of the Heine Mortgage Trust managed fund is To be 60-70% invested in registered first mortgages to pay an interim rate of 12% for the current quarter and a bonus rate of 12% for the current year.

The strategy of the Heine Mortgage Trust managed fund is Invests in first mortgages secured against freehold property in the industrial retail and residential sectors.

The APIR code of the Heine Mortgage Trust managed fund is .

Heine Mortgage Trust’s total return last month was 1.07%. This was made up of a growth return of 0% and an income return of 1.07%. These returns were calculated as at 31 Dec 1988.

Heine Mortgage Trust’s total return for the last three months was 3.23%. This was made up of a growth return of 0% and an income return of 3.23%%. These returns were calculated as at 31 Dec 1988.

Heine Mortgage Trust’s one-year total return is 13.18%. This was made up of a growth return of 0% and an income return of 13.18%. These returns were calculated as at 31 Dec 1988.

Heine Mortgage Trust’s one-year total return is 15.01%. This was made up of a growth return of 0% and an income return of 15.01%. These returns were calculated as at 31 Dec 1988.

The asset allocation of the Heine Mortgage Trust managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Alternatives
0%

The Responsible Entity for the Heine Mortgage Trust managed fund is ING Management Limited.

The Heine Mortgage Trust managed fund belongs to the Mortgages sector/asset class.

As at 31 Jan 1989, the size of the Heine Mortgage Trust managed fund was $6.04 million.

The Heine Mortgage Trust managed fund has an inception date of 31 Mar 1983.

The current entry price of the Heine Mortgage Trust managed fund is $1 per unit and the current exit price is $1 per unit (as at 30 Apr 1990).

The current exit price of the Heine Mortgage Trust managed fund is $1 per unit and the current entry price is $1 per unit (as at 30 Apr 1990).

The minimum initial investment amount for the Heine Mortgage Trust managed fund 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.