Ironbark Royal London Concentrated Global Shares - Managed Fund

Fund Performance Comparison

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Fees Comparison

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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 0.88 6.71 9.88 19.8 18.12 7.22 12.93 6.95
Growth return -1.85 3.83 6.92 14.11 14.61 2.06 7.88 3.96
Income return 2.73 2.88 2.96 5.69 3.51 5.16 5.05 2.99
Market index (MSCI World Ex Australia NR AUD)
Total return 2.33 5.53 6.37 15.39 15.06 9.95 14.91 9.15
As as 30 Jun 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

International Equities
98.09%
Cash
1.91%

General Information

Fund Details
Type Description
Ironbark Royal London Concentrated Global Shares
Ironbark Asset Mgmt (Fund Services) Ltd
MGL0004AU
Equity World Large Blend
star (as at 30 Jun 2018)
Investment Fund
4 Oct 1996
$118.26 million (as at 18 Jul 2018)
$2.0326 (as at 18 Jul 2018)
$2.0244 (as at 18 Jul 2018)
Fund Objective
Seeks to outperform the MSCI World ex-Australia Index ($A), after fees, over rolling three year periods by investing in securities listed on a range of share markets. There is no guarantee that this objective will be achieved.
Fund Strategy
The Fund intends to invest in 70 to 140 global listed securities, and will from time to time also have some exposure to cash investments. Investments in emerging markets (which means any markets outside the MSCI World Index) are allowed but will generally not exceed 30% of the Fund.
Offer information
Type Description
Indirect Cost Ratio (ICR) 1% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Mar 2018)

Holding (as at 31 Mar 2018) Type % of Portfolio
Berkshire Hathaway Inc B Equity 4.86%
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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 cannot 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.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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76%*

Underperform the industry standard benchmarks

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
Intelligent Investor Equity Income 12.36%
InvestSMART International Equities 11.46%
Intelligent Investor Equity Growth 11.28%
InvestSMART Australian Small Companies Fund 10.65%
InvestSMART Core Growth 7.81%
InvestSMART Diversified Property and Infrastructure 5.31%
InvestSMART Diversified Income 4.50%
InvestSMART Hybrid Income 3.81%
InvestSMART Interest Income 2.13%

* Returns p.a. since inception after investment & admin fees

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