InvestSMART

HSBC - Monthly Income Fund - Managed Fund (Closed)

Fund Objective
To provide a monthly payment of income and/or capital, with the potential for some capital growth over the medium-term.
Fund Strategy
Favours income-producing assets such as fixed interest and cash with some exposure to equities and property securities. Asset ranges (with benchmarks in brackets): Australian equities 5-15% (10%), international equities 0-10% (5%), property securities 0-15% (10%), Australian fixed interest 15-50% (35%), international fixed interest 0-10% (0%), cash and deposits 20-60% (40%).

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 0.68% 1.69% 2.6% 7.62% 5.15% 6.86% 7.89% -%
Growth return 0.17% 0.17% -0.3% 1.29% -1.71% -1.99% -0.53% -%
Income return 0.51% 1.52% 2.9% 6.33% 6.86% 8.85% 8.42% -%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 0.47% 2.26% 5.93% 6.71% 9.26% 8% 4.02% 4.61%
As at 31 Dec 2000. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

HSBC - Monthly Income Fund
Australian Equities
10.30%
International Equities
6.20%
Cash
39.50%
Property & Infrastructure
9.20%
Fixed Interest
34.80%
Alternatives
0%
Average Allocation of Peers
Australian Equities
10.81%
International Equities
15.05%
Cash
14.09%
Property & Infrastructure
3.68%
Fixed Interest
50.44%
Alternatives
5.93%

General Information

Fund Details
Type Description
HSBC - Monthly Income Fund
Closed
HSBC Asset Management (Australia) Ltd
HBC0015AU
Multisector Moderate
Not Rated
Investment Fund
22 Sep 1995
$3.3 million (as at 31 Dec 2000)
$0.9955 (as at 29 Jan 2001)
$0.9937 (as at 29 Jan 2001)
Finalised
Offer information
Type Description
MER 1.50% (as at 30 Jun 2000)
Minimum initial investment $5,000.00

FAQs about the HSBC - Monthly Income Fund

The objective of the HSBC - Monthly Income Fund managed fund is To provide a monthly payment of income and/or capital, with the potential for some capital growth over the medium-term.

The strategy of the HSBC - Monthly Income Fund managed fund is Favours income-producing assets such as fixed interest and cash with some exposure to equities and property securities. Asset ranges (with benchmarks in brackets): Australian equities 5-15% (10%), international equities 0-10% (5%), property securities 0-15% (10%), Australian fixed interest 15-50% (35%), international fixed interest 0-10% (0%), cash and deposits 20-60% (40%).

The APIR code of the HSBC - Monthly Income Fund managed fund is HBC0015AU.

HSBC - Monthly Income Fund’s total return last month was 0.68%. This was made up of a growth return of 0.17% and an income return of 0.51%. These returns were calculated as at 31 Dec 2000.

HSBC - Monthly Income Fund’s total return for the last three months was 1.69%. This was made up of a growth return of 0.17% and an income return of 1.52%%. These returns were calculated as at 31 Dec 2000.

HSBC - Monthly Income Fund’s one-year total return is 7.62%. This was made up of a growth return of 1.29% and an income return of 6.33%. These returns were calculated as at 31 Dec 2000.

HSBC - Monthly Income Fund’s one-year total return is 6.86%. This was made up of a growth return of -1.99% and an income return of 8.85%. These returns were calculated as at 31 Dec 2000.

The asset allocation of the HSBC - Monthly Income Fund managed fund is :

Australian Equities
10.30%
International Equities
6.20%
Cash
39.50%
Property & Infrastructure
9.20%
Fixed Interest
34.80%
Alternatives
0%

The Responsible Entity for the HSBC - Monthly Income Fund managed fund is HSBC Asset Management (Australia) Ltd.

The HSBC - Monthly Income Fund managed fund belongs to the Multisector Moderate sector/asset class.

As at 31 Dec 2000, the size of the HSBC - Monthly Income Fund managed fund was $3.3 million.

The HSBC - Monthly Income Fund managed fund has an inception date of 22 Sep 1995.

The current entry price of the HSBC - Monthly Income Fund managed fund is $0.9955 per unit and the current exit price is $0.9937 per unit (as at 29 Jan 2001).

The current exit price of the HSBC - Monthly Income Fund managed fund is $0.9937 per unit and the current entry price is $0.9955 per unit (as at 29 Jan 2001).

The minimum initial investment amount for the HSBC - Monthly Income Fund managed fund is $5,000.

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.