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  5. IOOF MIM Boutique Australian Equities Fu - Managed fund profile

IOOF MIM Boutique Australian Equities Fu - Managed Fund (Closed)

Fund Objective
To achieve capital growth over the long term by investing via boutique Australian equities fund managers. The fund may be suitable for investors with a five to seven year investment horizon, a high level of risk tolerance and those seeking significant capital growth whilst being prepared to accept higher levels of volatility.
Fund Strategy
Exposure to Australian equities via diversified portfolio of boutique Australian equities fund managers. Performance is measured against the S&P/ASX 300 Merged Accumulation Index. The fund endeavours to be fully invested in Australian equities at all times with cash exposure not exceeding 5% for any length o ftime.

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 -4.44% -14.2% -16.23% -6.44% 6.86% 13.51% 19.59% -%
Growth return -4.44% -14.2% -17.44% -19.09% -8.37% 0.34% 9.92% -%
Income return 0% 0% 1.21% 12.65% 15.23% 13.17% 9.67% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 31 Mar 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF MIM Boutique Australian Equities Fu
Australian Equities
95.54%
Cash
3.68%
Property & Infrastructure
0.79%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.42%
Cash
-0.77%
Property & Infrastructure
1.40%
International Equities
5.11%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
IOOF MIM Boutique Australian Equities Fu
Closed
IOOF Investment Management Limited
AMG0131AU
Equity Australia Large Growth
starstarstar (as at 31 Mar 2008)
Investment Fund
31 May 1999
$12.41 million (as at 31 Mar 2008)
$1.4636 (as at 28 Apr 2008)
$1.4504 (as at 28 Apr 2008)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.71% (as at 30 Jun 2007)
Minimum initial investment

FAQs about the IOOF MIM Boutique Australian Equities Fu

The objective of the IOOF MIM Boutique Australian Equities Fu managed fund is To achieve capital growth over the long term by investing via boutique Australian equities fund managers. The fund may be suitable for investors with a five to seven year investment horizon, a high level of risk tolerance and those seeking significant capital growth whilst being prepared to accept higher levels of volatility.

The strategy of the IOOF MIM Boutique Australian Equities Fu managed fund is Exposure to Australian equities via diversified portfolio of boutique Australian equities fund managers. Performance is measured against the S&P/ASX 300 Merged Accumulation Index. The fund endeavours to be fully invested in Australian equities at all times with cash exposure not exceeding 5% for any length o ftime.

The APIR code of the IOOF MIM Boutique Australian Equities Fu managed fund is AMG0131AU.

IOOF MIM Boutique Australian Equities Fu’s total return last month was -4.44%. This was made up of a growth return of -4.44% and an income return of 0%. These returns were calculated as at 31 Mar 2008.

IOOF MIM Boutique Australian Equities Fu’s total return for the last three months was -14.2%. This was made up of a growth return of -14.2% and an income return of 0%%. These returns were calculated as at 31 Mar 2008.

IOOF MIM Boutique Australian Equities Fu’s one-year total return is -6.44%. This was made up of a growth return of -19.09% and an income return of 12.65%. These returns were calculated as at 31 Mar 2008.

IOOF MIM Boutique Australian Equities Fu’s one-year total return is 13.51%. This was made up of a growth return of 0.34% and an income return of 13.17%. These returns were calculated as at 31 Mar 2008.

The asset allocation of the IOOF MIM Boutique Australian Equities Fu managed fund is :

Australian Equities
95.54%
Cash
3.68%
Property & Infrastructure
0.79%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the IOOF MIM Boutique Australian Equities Fu managed fund is IOOF Investment Management Limited.

The IOOF MIM Boutique Australian Equities Fu managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 31 Mar 2008, the size of the IOOF MIM Boutique Australian Equities Fu managed fund was $12.41 million.

The IOOF MIM Boutique Australian Equities Fu managed fund has an inception date of 31 May 1999.

The current entry price of the IOOF MIM Boutique Australian Equities Fu managed fund is $1.4636 per unit and the current exit price is $1.4504 per unit (as at 28 Apr 2008).

The current exit price of the IOOF MIM Boutique Australian Equities Fu managed fund is $1.4504 per unit and the current entry price is $1.4636 per unit (as at 28 Apr 2008).

The minimum initial investment amount for the IOOF MIM Boutique Australian Equities Fu managed fund 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.