Howard Professional Mortg Pls Trust CNA - 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 an exposure of at least 60% of its assets in mortgages, through investment in the Howard Wholesale Mortgage Trust and the balance will be held in other income producing assets. Investment policy range: mortgages 60-90%, other income producing assets 10-40%.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns.

Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers.

Free investor guide

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	3.52%	-0.39%	-0.16%	-0.8%	-9.5%	-5.25%	-1.54%	2.58%
Growth return	-0.85%	-12.94%	-22.39%	-53.52%	-81.29%	-67.29%	-48.85%	-28.48%
Income return	4.37%	12.55%	22.23%	52.72%	71.79%	62.04%	47.31%	31.06%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return	0.32%	0.94%	2%	4.25%	4.32%	4%	2.47%	2.06%

As at 30 Jun 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Howard Professional Mortg Pls Trust CNA

Cash: 63.65%

Fixed Interest: 36.35%

Australian Equities: 0%

International Equities: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 20.02%

Fixed Interest: 79.26%

Australian Equities: 0.03%

International Equities: 0.03%

Alternatives: 0.66%

General Information

Fund Details

Type	Description
Fund Name	Howard Professional Mortg Pls Trust CNA
Fund Status	Closed
Responsible Entity	Fidante Partners Limited
APIR Code	NFS0186AU
Sector/Asset Class	Mortgages Aggressive
Morningstar Rating	(as at 28 Feb 2011)
Legal Structure	Investment Fund
Fund Inception	1 Mar 1997
Fund Size	$0.13 million (as at 29 Aug 2014)
Entry Price	n/a
Exit Price	$0.0275 (as at 31 Aug 2014)
Fund Status	Finalised

Offer information

Type	Description
MER	1.10% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR)	0.90% (as at 30 Jun 2013)
Minimum initial investment	$2,000.00
Minimum additional investments
Minimum redemption amount

FAQs about the Howard Professional Mortg Pls Trust CNA

What is the objective of the Howard Professional Mortg Pls Trust CNA managed fund?

The objective of the Howard Professional Mortg Pls Trust CNA 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.

What is the strategy for the Howard Professional Mortg Pls Trust CNA managed fund?

The strategy of the Howard Professional Mortg Pls Trust CNA managed fund is Maintain an exposure of at least 60% of its assets in mortgages, through investment in the Howard Wholesale Mortgage Trust and the balance will be held in other income producing assets. Investment policy range: mortgages 60-90%, other income producing assets 10-40%.

What is the APIR code of the Howard Professional Mortg Pls Trust CNA managed fund?

The APIR code of the Howard Professional Mortg Pls Trust CNA managed fund is NFS0186AU.

What was Howard Professional Mortg Pls Trust CNA’s total return last month?

Howard Professional Mortg Pls Trust CNA’s total return last month was 3.52%. This was made up of a growth return of -0.85% and an income return of 4.37%. These returns were calculated as at 30 Jun 2014.

What was Howard Professional Mortg Pls Trust CNA’s total return for the last three months?

Howard Professional Mortg Pls Trust CNA’s total return for the last three months was -0.39%. This was made up of a growth return of -12.94% and an income return of 12.55%%. These returns were calculated as at 30 Jun 2014.

What is Howard Professional Mortg Pls Trust CNA’s one-year total return?

Howard Professional Mortg Pls Trust CNA’s one-year total return is -0.8%. This was made up of a growth return of -53.52% and an income return of 52.72%. These returns were calculated as at 30 Jun 2014.

What is Howard Professional Mortg Pls Trust CNA’s three-year total return?

Howard Professional Mortg Pls Trust CNA’s one-year total return is -5.25%. This was made up of a growth return of -67.29% and an income return of 62.04%. These returns were calculated as at 30 Jun 2014.

What is the asset allocation of the Howard Professional Mortg Pls Trust CNA managed fund?

The asset allocation of the Howard Professional Mortg Pls Trust CNA managed fund is :

Cash: 63.65%

Fixed Interest: 36.35%

Australian Equities: 0%

International Equities: 0%

Alternatives: 0%

Who is the responsible Entity of the Howard Professional Mortg Pls Trust CNA managed fund?

The Responsible Entity for the Howard Professional Mortg Pls Trust CNA managed fund is Fidante Partners Limited.

What sector/asset class does the Howard Professional Mortg Pls Trust CNA managed fund belong to?

The Howard Professional Mortg Pls Trust CNA managed fund belongs to the Mortgages Aggressive sector/asset class.

What is the size of the Howard Professional Mortg Pls Trust CNA managed fund?

As at 29 Aug 2014, the size of the Howard Professional Mortg Pls Trust CNA managed fund was $0.13 million.

What is the inception date of the Howard Professional Mortg Pls Trust CNA managed fund?

The Howard Professional Mortg Pls Trust CNA managed fund has an inception date of 1 Mar 1997.

What is the current entry price of the Howard Professional Mortg Pls Trust CNA managed fund?

The current entry price of the Howard Professional Mortg Pls Trust CNA managed fund is $ per unit and the current exit price is $0.0275 per unit (as at 31 Aug 2014).

What is the current exit price of the Howard Professional Mortg Pls Trust CNA managed fund?

The current exit price of the Howard Professional Mortg Pls Trust CNA managed fund is $0.0275 per unit and the current entry price is $ per unit (as at 31 Aug 2014).

What is the minimum investment amount for the Howard Professional Mortg Pls Trust CNA managed fund?

The minimum initial investment amount for the Howard Professional Mortg Pls Trust CNA managed fund is $2,000. Minimum additional investment 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.

What our members say about us