InvestSMART

Howard Mortgage Plus Trust - Managed Fund (Closed)

Fund Objective
To provide a stable and predictable level of income over the short to medium term (3-5 years) with a high level of capital stability.
Fund Strategy
Maintain a high exposure to mortgages and some exposure to other income producing assets.

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% -7.56% -14.49% -17.96% -31.85% -44.4% -28.6% -12.89%
Growth return 0% -21.43% -31.25% -57.69% -62.95% -69.82% -51.26% -30.19%
Income return 0.41% 13.87% 16.76% 39.73% 31.1% 25.42% 22.66% 17.3%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.3% 0.91% 1.83% 3.89% 4.18% 4.12% 2.77% 2.12%
As at 31 Aug 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Howard Mortgage Plus Trust
Cash
12.60%
Property & Infrastructure
87.40%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
19.09%
Property & Infrastructure
0.88%
Australian Equities
0.03%
International Equities
0%
Fixed Interest
80%
Alternatives
0%

General Information

Fund Details
Type Description
Howard Mortgage Plus Trust
Closed
Fidante Partners Limited
NFS0051AU
Mortgages
Not Rated
Investment Fund
15 Aug 1994
$0.16 million (as at 29 Aug 2014)
$0.0275 (as at 29 Aug 2014)
$0.0275 (as at 29 Aug 2014)
Finalised
Offer information
Type Description
MER 1.70% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.55% (as at 30 Jun 2010)
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FAQs about the Howard Mortgage Plus Trust

The objective of the Howard Mortgage Plus Trust managed fund is To provide a stable and predictable level of income over the short to medium term (3-5 years) with a high level of capital stability.

The strategy of the Howard Mortgage Plus Trust managed fund is Maintain a high exposure to mortgages and some exposure to other income producing assets.

The APIR code of the Howard Mortgage Plus Trust managed fund is NFS0051AU.

Howard Mortgage Plus Trust’s total return last month was 0.41%. This was made up of a growth return of 0% and an income return of 0.41%. These returns were calculated as at 31 Aug 2014.

Howard Mortgage Plus Trust’s total return for the last three months was -7.56%. This was made up of a growth return of -21.43% and an income return of 13.87%%. These returns were calculated as at 31 Aug 2014.

Howard Mortgage Plus Trust’s one-year total return is -17.96%. This was made up of a growth return of -57.69% and an income return of 39.73%. These returns were calculated as at 31 Aug 2014.

Howard Mortgage Plus Trust’s one-year total return is -44.4%. This was made up of a growth return of -69.82% and an income return of 25.42%. These returns were calculated as at 31 Aug 2014.

The asset allocation of the Howard Mortgage Plus Trust managed fund is :

Cash
12.60%
Property & Infrastructure
87.40%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Howard Mortgage Plus Trust managed fund is Fidante Partners Limited.

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

As at 29 Aug 2014, the size of the Howard Mortgage Plus Trust managed fund was $0.16 million.

The Howard Mortgage Plus Trust managed fund has an inception date of 15 Aug 1994.

The current entry price of the Howard Mortgage Plus Trust managed fund is $0.0275 per unit and the current exit price is $0.0275 per unit (as at 29 Aug 2014).

The current exit price of the Howard Mortgage Plus Trust managed fund is $0.0275 per unit and the current entry price is $0.0275 per unit (as at 29 Aug 2014).

The minimum initial investment amount for the Howard Mortgage Plus Trust managed fund is $.

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.