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  5. IOOF GSS Perpetual Income - Managed fund profile

IOOF GSS Perpetual Income - Managed Fund (Closed)

Fund Objective
Aims to provide a secure investment and monthly income through loans secured by quality first registered mortgages and investment in deposits, money market, fixed interest securities and debt-like hybrid securities.
Fund Strategy
Perpetual manages the Fund through gaining exposure to quality first registered mortgages, generally with three year terms, held over freehold and leasehold lands and buildings in Australian capital cities and major regional centres. Perpetual's asset managers apply certain mortgage selection criteria to manage mortgage risk. Investment guideline: Perpetual intends to maintain a min cash level fo 20% of the net asset value of the Fund.

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 0.27% 0.81% 1.68% 3.1% 3.9% 4.31% -% -%
Growth return 0.27% 0.81% 1.68% 3.1% 3.9% 4.31% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
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 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Fixed Interest
79.26%
Australian Equities
0.03%
International Equities
0.03%
Cash
20.02%
Alternatives
0.66%

General Information

Fund Details
Type Description
IOOF GSS Perpetual Income
Closed
IOOF Global One Limited
ASK0890AU
Mortgages
starstarstarstar (as at 28 Feb 2010)
Superannuation Fund
1 Nov 2006
$0.19 million (as at 28 Feb 2010)
$11.5103 (as at 26 Feb 2010)
$11.5103 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 1% (as at 30 Jun 2009)
Minimum initial investment $3,000.00

FAQs about the IOOF GSS Perpetual Income

The objective of the IOOF GSS Perpetual Income managed fund is Aims to provide a secure investment and monthly income through loans secured by quality first registered mortgages and investment in deposits, money market, fixed interest securities and debt-like hybrid securities.

The strategy of the IOOF GSS Perpetual Income managed fund is Perpetual manages the Fund through gaining exposure to quality first registered mortgages, generally with three year terms, held over freehold and leasehold lands and buildings in Australian capital cities and major regional centres. Perpetual's asset managers apply certain mortgage selection criteria to manage mortgage risk. Investment guideline: Perpetual intends to maintain a min cash level fo 20% of the net asset value of the Fund.

The APIR code of the IOOF GSS Perpetual Income managed fund is ASK0890AU.

IOOF GSS Perpetual Income’s total return last month was 0.27%. This was made up of a growth return of 0.27% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF GSS Perpetual Income’s total return for the last three months was 0.81%. This was made up of a growth return of 0.81% and an income return of 0%%. These returns were calculated as at 28 Feb 2010.

IOOF GSS Perpetual Income’s one-year total return is 3.1%. This was made up of a growth return of 3.1% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF GSS Perpetual Income’s one-year total return is 4.31%. This was made up of a growth return of 4.31% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF GSS Perpetual Income managed fund is :

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

The Responsible Entity for the IOOF GSS Perpetual Income managed fund is IOOF Global One Limited.

The IOOF GSS Perpetual Income managed fund belongs to the Mortgages sector/asset class.

As at 28 Feb 2010, the size of the IOOF GSS Perpetual Income managed fund was $0.19 million.

The IOOF GSS Perpetual Income managed fund has an inception date of 1 Nov 2006.

The current entry price of the IOOF GSS Perpetual Income managed fund is $11.5103 per unit and the current exit price is $11.5103 per unit (as at 26 Feb 2010).

The current exit price of the IOOF GSS Perpetual Income managed fund is $11.5103 per unit and the current entry price is $11.5103 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF GSS Perpetual Income managed fund is $3,000.

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.