InvestSMART

Ironstone Residential - Managed Fund (Closed)

Fund Objective
The principal objective of the Fund is to provide investors with carefully selected, professionally managed and geared exposure to the Australian residential property market. The Fund aims to outperform the major residential markets of Australia.
Fund Strategy
The Fund will seek to achieve its aims by investing primarily in quality established residential property for lease in Australia. The Fund will seek to achieve diversification beyond that which the average investor could achieve on their own account. Geographic diversification should enable the Fund to take advantage of the differing property cycles across Australia.

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 -0.96% -2.56% -5.48% -5.36% -0.05% 4.22% -% -%
Growth return -1.22% 3.51% 9.53% -% -% -% -% -%
Income return 0.26% -6.07% -15.01% -% -% -% -% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return -3.1% 4.56% 18.9% 4.1% 23.7% 19.85% 11.91% 8.69%
As at 31 Dec 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ironstone Residential
Cash
7.87%
Property & Infrastructure
92.13%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
2.36%
Property & Infrastructure
93.06%
Australian Equities
4.32%
International Equities
0.24%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
Ironstone Residential
Closed
Ironstone Funds Pty Ltd
COL0015AU
Unlisted and Direct Property
Not Rated
Investment Fund
19 Dec 2007
n/a
$1.67949 (as at 31 Mar 2012)
$1.40252 (as at 31 Mar 2012)
Suppressed
Offer information
Type Description
Standard entry fee 5.50%
Minimum initial investment $10,000.00
Minimum additional investments $5,000.00
Minimum redemption amount $10,000.00

FAQs about the Ironstone Residential

The objective of the Ironstone Residential managed fund is The principal objective of the Fund is to provide investors with carefully selected, professionally managed and geared exposure to the Australian residential property market. The Fund aims to outperform the major residential markets of Australia.

The strategy of the Ironstone Residential managed fund is The Fund will seek to achieve its aims by investing primarily in quality established residential property for lease in Australia. The Fund will seek to achieve diversification beyond that which the average investor could achieve on their own account. Geographic diversification should enable the Fund to take advantage of the differing property cycles across Australia.

The APIR code of the Ironstone Residential managed fund is COL0015AU.

Ironstone Residential’s total return last month was -0.96%. This was made up of a growth return of -1.22% and an income return of 0.26%. These returns were calculated as at 31 Dec 2011.

Ironstone Residential’s total return for the last three months was -2.56%. This was made up of a growth return of 3.51% and an income return of -6.07%%. These returns were calculated as at 31 Dec 2011.

Ironstone Residential’s one-year total return is -5.36%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2011.

Ironstone Residential’s one-year total return is 4.22%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Dec 2011.

The asset allocation of the Ironstone Residential managed fund is :

Cash
7.87%
Property & Infrastructure
92.13%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Ironstone Residential managed fund is Ironstone Funds Pty Ltd.

The Ironstone Residential managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at 31 Mar 2012, the size of the Ironstone Residential managed fund was $ million.

The Ironstone Residential managed fund has an inception date of 19 Dec 2007.

The current entry price of the Ironstone Residential managed fund is $1.67949 per unit and the current exit price is $1.40252 per unit (as at 31 Mar 2012).

The current exit price of the Ironstone Residential managed fund is $1.40252 per unit and the current entry price is $1.67949 per unit (as at 31 Mar 2012).

The minimum initial investment amount for the Ironstone Residential managed fund is $10,000. Minimum additional investment is $5000.

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.