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  5. ING Wholesale - Global IT Trust - Managed fund profile

ING Wholesale - Global IT Trust - Managed Fund (Closed)

Fund Objective
To outperform the Goldman Sachs Technology A$ Price Index (before fees and taxes) over a five year period. To provide capital growth over the long-term. Suggested minimum investment period is 5 years.
Fund Strategy
Invests in companies specialising in information technology located throughout the world. Investments may include the internet, electronic commerce, storage technology, semiconductors, telecommunications, on-line security, and technology for education. Asset allocation ranges (with benchmarks in brackets): international shares 95-100% (100%), cash 0-5% (0%).

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 5.57% -0.24% -5.44% 4.96% 6.26% -1.53% -10.33% -%
Growth return 5.57% -0.24% -5.44% 3.92% 5.67% -1.89% -10.53% -%
Income return 0% 0% 0% 1.04% 0.59% 0.36% 0.2% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 0.92% 6.62% 5.1% 20.06% 19.45% 20.5% 15.74% 12.6%
As at 31 Aug 2006. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ING Wholesale - Global IT Trust
International Equities
98.20%
Cash
1.80%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.51%
Cash
1.78%
Australian Equities
1.42%
Property & Infrastructure
1.15%
Fixed Interest
0%
Alternatives
0.15%

General Information

Fund Details
Type Description
ING Wholesale - Global IT Trust (Wholesale)
Closed
OnePath Funds Management Limited
MMF0274AU
Equity Global Technology
Not Rated
Investment Fund
15 Sep 2000
$0 million (as at 31 Dec 2006)
n/a
$0.2092 (as at 18 Sep 2006)
Finalised
Offer information
Type Description
MER 0.90% (as at 30 Jun 2006)

Top 10 holdings (as at 31 Aug 2005)

Holding (as at 31 Aug 2005) Type % of Portfolio
Microsoft Equity 10.15%
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FAQs about the ING Wholesale - Global IT Trust

The objective of the ING Wholesale - Global IT Trust managed fund is To outperform the Goldman Sachs Technology A$ Price Index (before fees and taxes) over a five year period. To provide capital growth over the long-term. Suggested minimum investment period is 5 years.

The strategy of the ING Wholesale - Global IT Trust managed fund is Invests in companies specialising in information technology located throughout the world. Investments may include the internet, electronic commerce, storage technology, semiconductors, telecommunications, on-line security, and technology for education. Asset allocation ranges (with benchmarks in brackets): international shares 95-100% (100%), cash 0-5% (0%).

The APIR code of the ING Wholesale - Global IT Trust managed fund is MMF0274AU.

ING Wholesale - Global IT Trust’s total return last month was 5.57%. This was made up of a growth return of 5.57% and an income return of 0%. These returns were calculated as at 31 Aug 2006.

ING Wholesale - Global IT Trust’s total return for the last three months was -0.24%. This was made up of a growth return of -0.24% and an income return of 0%%. These returns were calculated as at 31 Aug 2006.

ING Wholesale - Global IT Trust’s one-year total return is 4.96%. This was made up of a growth return of 3.92% and an income return of 1.04%. These returns were calculated as at 31 Aug 2006.

ING Wholesale - Global IT Trust’s one-year total return is -1.53%. This was made up of a growth return of -1.89% and an income return of 0.36%. These returns were calculated as at 31 Aug 2006.

The asset allocation of the ING Wholesale - Global IT Trust managed fund is :

International Equities
98.20%
Cash
1.80%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the ING Wholesale - Global IT Trust managed fund is OnePath Funds Management Limited.

The ING Wholesale - Global IT Trust managed fund belongs to the Equity Global Technology sector/asset class.

As at 31 Dec 2006, the size of the ING Wholesale - Global IT Trust managed fund was $0 million.

The ING Wholesale - Global IT Trust managed fund has an inception date of 15 Sep 2000.

The current entry price of the ING Wholesale - Global IT Trust managed fund is $ per unit and the current exit price is $0.2092 per unit (as at 18 Sep 2006).

The current exit price of the ING Wholesale - Global IT Trust managed fund is $0.2092 per unit and the current entry price is $ per unit (as at 18 Sep 2006).

The minimum initial investment amount for the ING Wholesale - Global IT 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.