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  5. Heine North American Fund - Managed fund profile

Heine North American Fund - Managed Fund (Closed)

Fund Objective
To achieve long term consistent capital appreciation.
Fund Strategy
Bessemer adopt a classical 'top down/bottom up' approach to determine the weightings to be allocated to each country /industry/sector. A special emphasis is placed on emerging growth stocks.

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 6.62% 6.78% 3.34% 4.11% -% -% -% -%
Growth return 6.62% 6.78% 3.34% 4.11% -% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
Market index (MSCI USA NR AUD)
Total return 2.95% 15.36% 22% 33.11% 16.59% 16.15% -% 16.28%
As at 31 Jan 1989. 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
70.25%
Australian Equities
22.89%
Cash
1.81%
Property
0.70%
Alternatives
4.35%

General Information

Fund Details
Type Description
Heine North American Fund
Closed
ING Management Limited
Equity North America
Not Rated
Investment Fund
19 Feb 1987
$1.83 million (as at 30 Nov 1988)
$0.8717 (as at 14 Feb 1989)
$0.8302 (as at 14 Feb 1989)
Finalised
Offer information
Type Description
Minimum initial investment $2,000.00

FAQs about the Heine North American Fund

The objective of the Heine North American Fund managed fund is To achieve long term consistent capital appreciation.

The strategy of the Heine North American Fund managed fund is Bessemer adopt a classical 'top down/bottom up' approach to determine the weightings to be allocated to each country /industry/sector. A special emphasis is placed on emerging growth stocks.

The APIR code of the Heine North American Fund managed fund is .

Heine North American Fund’s total return last month was 6.62%. This was made up of a growth return of 6.62% and an income return of 0%. These returns were calculated as at 31 Jan 1989.

Heine North American Fund’s total return for the last three months was 6.78%. This was made up of a growth return of 6.78% and an income return of 0%%. These returns were calculated as at 31 Jan 1989.

Heine North American Fund’s one-year total return is 4.11%. This was made up of a growth return of 4.11% and an income return of 0%. These returns were calculated as at 31 Jan 1989.

Heine North American Fund’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 Jan 1989.

The asset allocation of the Heine North American Fund managed fund is :

International Equities
100%
Australian Equities
0%
Cash
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Heine North American Fund managed fund is ING Management Limited.

The Heine North American Fund managed fund belongs to the Equity North America sector/asset class.

As at 30 Nov 1988, the size of the Heine North American Fund managed fund was $1.83 million.

The Heine North American Fund managed fund has an inception date of 19 Feb 1987.

The current entry price of the Heine North American Fund managed fund is $0.8717 per unit and the current exit price is $0.8302 per unit (as at 14 Feb 1989).

The current exit price of the Heine North American Fund managed fund is $0.8302 per unit and the current entry price is $0.8717 per unit (as at 14 Feb 1989).

The minimum initial investment amount for the Heine North American Fund managed fund is $2,000.

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.