InvestSMART

IOOF OSS Australian Unity - Platypus AusEq - Managed Fund (Closed)

Fund Objective
The Option's objective is to provide market leading returns over the medium to long term from a concentrated portfolio of Australian shares. The option aims to deliver pre-fee investment return (before taxes) that outperforms the S&P/ASX 300 Accumulation index over a rolling three year period by 4% per annum.
Fund Strategy
The option invests in companies and trusts listed or soon to be listed on the Australian Stock Exchange (ASX) that offer opportunity for above-average investment returns through their growth potential. Platypus actively seeks opportunities for higher returns through combining a top-down thematic approach with bottom-up stock selection, targeting stocks that have a track record of strong earnings growth or are perceived by Platypus to be under-valued.

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 2.92% -1.46% 6.78% 49.75% -4.16% -% -% -%
Growth return 2.92% -1.46% 6.78% 49.75% -4.16% -% -% -%
Income return 0% 0% 0% 0% 0% -% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return -0.78% 4.71% 14.66% 10.56% 16.03% 15.17% 12.98% 10.11%
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
Australian Equities
93.35%
International Equities
5.11%
Cash
-0.70%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
IOOF OSS Australian Unity - Platypus AusEq
Closed
IOOF Global One Limited
ASK1173AU
Equity Australia Large Growth
Not Rated
Superannuation Fund
12 Dec 2007
$0.31 million (as at 28 Feb 2010)
$7.60086 (as at 26 Feb 2010)
$7.57052 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.30% (as at 30 Jun 2009)
Minimum initial investment $3,000.00

FAQs about the IOOF OSS Australian Unity - Platypus AusEq

The objective of the IOOF OSS Australian Unity - Platypus AusEq managed fund is The Option's objective is to provide market leading returns over the medium to long term from a concentrated portfolio of Australian shares. The option aims to deliver pre-fee investment return (before taxes) that outperforms the S&P/ASX 300 Accumulation index over a rolling three year period by 4% per annum.

The strategy of the IOOF OSS Australian Unity - Platypus AusEq managed fund is The option invests in companies and trusts listed or soon to be listed on the Australian Stock Exchange (ASX) that offer opportunity for above-average investment returns through their growth potential. Platypus actively seeks opportunities for higher returns through combining a top-down thematic approach with bottom-up stock selection, targeting stocks that have a track record of strong earnings growth or are perceived by Platypus to be under-valued.

The APIR code of the IOOF OSS Australian Unity - Platypus AusEq managed fund is ASK1173AU.

IOOF OSS Australian Unity - Platypus AusEq’s total return last month was 2.92%. This was made up of a growth return of 2.92% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF OSS Australian Unity - Platypus AusEq’s total return for the last three months was -1.46%. This was made up of a growth return of -1.46% and an income return of 0%%. These returns were calculated as at 28 Feb 2010.

IOOF OSS Australian Unity - Platypus AusEq’s one-year total return is 49.75%. This was made up of a growth return of 49.75% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF OSS Australian Unity - Platypus AusEq’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF OSS Australian Unity - Platypus AusEq managed fund is :

Australian Equities
100%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the IOOF OSS Australian Unity - Platypus AusEq managed fund is IOOF Global One Limited.

The IOOF OSS Australian Unity - Platypus AusEq managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 28 Feb 2010, the size of the IOOF OSS Australian Unity - Platypus AusEq managed fund was $0.31 million.

The IOOF OSS Australian Unity - Platypus AusEq managed fund has an inception date of 12 Dec 2007.

The current entry price of the IOOF OSS Australian Unity - Platypus AusEq managed fund is $7.60086 per unit and the current exit price is $7.57052 per unit (as at 26 Feb 2010).

The current exit price of the IOOF OSS Australian Unity - Platypus AusEq managed fund is $7.57052 per unit and the current entry price is $7.60086 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF OSS Australian Unity - Platypus AusEq 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.