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  5. ING - Enhanced Yield Fund - Managed fund profile

ING - Enhanced Yield Fund - Managed Fund (Closed)

Fund Objective
To provide a return that is 0.5-1% pa greater than the total return on the Warburg Dillon Read Bank Bill Index measured over rolling 12 month periods.
Fund Strategy
Invests in a diversified range of fixed and floating rate interest and debt/equity securities including bank bills, government bonds, convertible notes, preference shares, mortgage-backed securities, corporate notes and debentures and other listed and unlisted (over-the-counter) securities that satisfy the Manager's credit criteria. Asset allocation ranges: fixed rate instruments 0-50%, convertible notes/preference shares 0-50%, floating rate instruments 0-75%, cash 0-60%.

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 0.3% 1.05% 2.42% 4.85% 5.13% 5.09% -% -%
Growth return 0.3% 1.05% 0.25% 0.3% 0.21% 0.38% -% -%
Income return 0% 0% 2.17% 4.55% 4.92% 4.71% -% -%
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 Nov 2001. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ING - Enhanced Yield Fund
Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
20.03%
Australian Equities
0.03%
International Equities
0.03%
Fixed Interest
79.26%
Alternatives
0.66%

General Information

Fund Details
Type Description
ING - Enhanced Yield Fund
Closed
ING Index Funds Management Limited
BBL0004AU
Australian Short Term Fixed Interest
Not Rated
Investment Fund
13 Nov 1997
$4.6 million (as at 30 Nov 2001)
n/a
$1.0466 (as at 5 Dec 2001)
Finalised
Offer information
Type Description
MER 0.75% (as at 30 Jun 2000)
Minimum initial investment $5,000.00

FAQs about the ING - Enhanced Yield Fund

The objective of the ING - Enhanced Yield Fund managed fund is To provide a return that is 0.5-1% pa greater than the total return on the Warburg Dillon Read Bank Bill Index measured over rolling 12 month periods.

The strategy of the ING - Enhanced Yield Fund managed fund is Invests in a diversified range of fixed and floating rate interest and debt/equity securities including bank bills, government bonds, convertible notes, preference shares, mortgage-backed securities, corporate notes and debentures and other listed and unlisted (over-the-counter) securities that satisfy the Manager's credit criteria. Asset allocation ranges: fixed rate instruments 0-50%, convertible notes/preference shares 0-50%, floating rate instruments 0-75%, cash 0-60%.

The APIR code of the ING - Enhanced Yield Fund managed fund is BBL0004AU.

ING - Enhanced Yield Fund’s total return last month was 0.3%. This was made up of a growth return of 0.3% and an income return of 0%. These returns were calculated as at 30 Nov 2001.

ING - Enhanced Yield Fund’s total return for the last three months was 1.05%. This was made up of a growth return of 1.05% and an income return of 0%%. These returns were calculated as at 30 Nov 2001.

ING - Enhanced Yield Fund’s one-year total return is 4.85%. This was made up of a growth return of 0.3% and an income return of 4.55%. These returns were calculated as at 30 Nov 2001.

ING - Enhanced Yield Fund’s one-year total return is 5.09%. This was made up of a growth return of 0.38% and an income return of 4.71%. These returns were calculated as at 30 Nov 2001.

The asset allocation of the ING - Enhanced Yield Fund managed fund is :

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

The Responsible Entity for the ING - Enhanced Yield Fund managed fund is ING Index Funds Management Limited.

The ING - Enhanced Yield Fund managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 30 Nov 2001, the size of the ING - Enhanced Yield Fund managed fund was $4.6 million.

The ING - Enhanced Yield Fund managed fund has an inception date of 13 Nov 1997.

The current entry price of the ING - Enhanced Yield Fund managed fund is $ per unit and the current exit price is $1.0466 per unit (as at 5 Dec 2001).

The current exit price of the ING - Enhanced Yield Fund managed fund is $1.0466 per unit and the current entry price is $ per unit (as at 5 Dec 2001).

The minimum initial investment amount for the ING - Enhanced Yield 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.