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  5. IOOF OPS Zurich Managed Growth - Managed fund profile

IOOF OPS Zurich Managed Growth - Managed Fund (Closed)

Fund Objective
To provide investors with capital growth over the medium to long term and a modest level of income. The Fund aims to outperform the performance benchmark over a period of five years.
Fund Strategy
The Fund invests in a mix of Australian and international shares, fixed interest securities, listed property securities and cash. The Fund is designed to reduce investment risk by diversifying across asset classes.

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 1.31% -0.07% 2.39% 24.68% -2.59% -3.26% 4.03% -%
Growth return 1.31% -0.07% 2.39% 24.68% -2.59% -3.26% 4.03% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.9% 5.39% 7.14% 12.12% 12.75% 11.38% 8.95% 8.08%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF OPS Zurich Managed Growth
Australian Equities
29.45%
International Equities
36.14%
Cash
9.45%
Property & Infrastructure
6.13%
Fixed Interest
11.46%
Alternatives
7.38%
Average Allocation of Peers
Australian Equities
27.27%
International Equities
35.24%
Cash
6.11%
Property & Infrastructure
6.35%
Fixed Interest
21.01%
Alternatives
4.02%

General Information

Fund Details
Type Description
IOOF OPS Zurich Managed Growth
Closed
IOOF Global One Limited
ASK0466AU
Multisector Growth
starstarstarstar (as at 28 Feb 2010)
Allocated Pension
1 Apr 2003
$0.21 million (as at 28 Feb 2010)
$15.24238 (as at 26 Feb 2010)
$15.22105 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 2.27% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 2.32% (as at 30 Jun 2009)
Minimum initial investment $30,000

FAQs about the IOOF OPS Zurich Managed Growth

The objective of the IOOF OPS Zurich Managed Growth managed fund is To provide investors with capital growth over the medium to long term and a modest level of income. The Fund aims to outperform the performance benchmark over a period of five years.

The strategy of the IOOF OPS Zurich Managed Growth managed fund is The Fund invests in a mix of Australian and international shares, fixed interest securities, listed property securities and cash. The Fund is designed to reduce investment risk by diversifying across asset classes.

The APIR code of the IOOF OPS Zurich Managed Growth managed fund is ASK0466AU.

IOOF OPS Zurich Managed Growth’s total return last month was 1.31%. This was made up of a growth return of 1.31% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF OPS Zurich Managed Growth’s total return for the last three months was -0.07%. This was made up of a growth return of -0.07% and an income return of 0%%. These returns were calculated as at 28 Feb 2010.

IOOF OPS Zurich Managed Growth’s one-year total return is 24.68%. This was made up of a growth return of 24.68% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF OPS Zurich Managed Growth’s one-year total return is -3.26%. This was made up of a growth return of -3.26% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF OPS Zurich Managed Growth managed fund is :

Australian Equities
29.45%
International Equities
36.14%
Cash
9.45%
Property & Infrastructure
6.13%
Fixed Interest
11.46%
Alternatives
7.38%

The Responsible Entity for the IOOF OPS Zurich Managed Growth managed fund is IOOF Global One Limited.

The IOOF OPS Zurich Managed Growth managed fund belongs to the Multisector Growth sector/asset class.

As at 28 Feb 2010, the size of the IOOF OPS Zurich Managed Growth managed fund was $0.21 million.

The IOOF OPS Zurich Managed Growth managed fund has an inception date of 1 Apr 2003.

The current entry price of the IOOF OPS Zurich Managed Growth managed fund is $15.24238 per unit and the current exit price is $15.22105 per unit (as at 26 Feb 2010).

The current exit price of the IOOF OPS Zurich Managed Growth managed fund is $15.22105 per unit and the current entry price is $15.24238 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF OPS Zurich Managed Growth managed fund is $30,000.

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.