InvestSMART

IOOF (VIC) Benefit Fund No 2 - Managed Fund (Closed)

Fund Objective
To provide guaranteed growth in the value of units in the Fund so as a minimum lump sum defined benefit can be paid to members upon termination of the Fund on 1st June 1992.
Fund Strategy
To invest a major portion of the fund in units of the Victorian Equity Trust.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0% 0% 2.29% 4.4% -% -% -% -%
Growth return 0% 0% 0% 0% -% -% -% -%
Income return 0% 0% 2.29% 4.4% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.92% 1.82% 3.76% 4.06% 4.09% 2.88% 2.13%
As at 31 May 1992. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
18.77%
Australian Equities
4.92%
International Equities
2.98%
Cash
55.63%
Property & Infrastructure
1.98%
Fixed Interest
15.73%

General Information

Fund Details
Type Description
IOOF (VIC) Benefit Fund No 2
Closed
IOOF Limited
Miscellaneous
Not Rated
Investment Fund
22 Oct 1990
$64.3 million (as at 31 Mar 1992)
n/a
$1 (as at 31 May 1992)
Finalised
Offer information
Type Description
Minimum initial investment $2,000.00
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the IOOF (VIC) Benefit Fund No 2

The objective of the IOOF (VIC) Benefit Fund No 2 managed fund is To provide guaranteed growth in the value of units in the Fund so as a minimum lump sum defined benefit can be paid to members upon termination of the Fund on 1st June 1992.

The strategy of the IOOF (VIC) Benefit Fund No 2 managed fund is To invest a major portion of the fund in units of the Victorian Equity Trust.

The APIR code of the IOOF (VIC) Benefit Fund No 2 managed fund is .

IOOF (VIC) Benefit Fund No 2’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 31 May 1992.

IOOF (VIC) Benefit Fund No 2’s total return for the last three months was 0%. This was made up of a growth return of 0% and an income return of 0%%. These returns were calculated as at 31 May 1992.

IOOF (VIC) Benefit Fund No 2’s one-year total return is 4.4%. This was made up of a growth return of 0% and an income return of 4.4%. These returns were calculated as at 31 May 1992.

IOOF (VIC) Benefit Fund No 2’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 31 May 1992.

The asset allocation of the IOOF (VIC) Benefit Fund No 2 managed fund is :

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

The Responsible Entity for the IOOF (VIC) Benefit Fund No 2 managed fund is IOOF Limited.

The IOOF (VIC) Benefit Fund No 2 managed fund belongs to the Miscellaneous sector/asset class.

As at 31 Mar 1992, the size of the IOOF (VIC) Benefit Fund No 2 managed fund was $64.3 million.

The IOOF (VIC) Benefit Fund No 2 managed fund has an inception date of 22 Oct 1990.

The current entry price of the IOOF (VIC) Benefit Fund No 2 managed fund is $ per unit and the current exit price is $1 per unit (as at 31 May 1992).

The current exit price of the IOOF (VIC) Benefit Fund No 2 managed fund is $1 per unit and the current entry price is $ per unit (as at 31 May 1992).

The minimum initial investment amount for the IOOF (VIC) Benefit Fund No 2 managed fund is $2,000.

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.