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JPMorgan Multi-manager Alternatives - Managed Fund (Closed)

Fund Objective
The investment objective of the Fund is to provide long-term capital appreciation by investing through the Underlying Sub-Fund, in multiple eligible asset classes globally, employing a variety of non-traditional or alternative strategies and techniques and using financial derivative instruments where appropriate.
Fund Strategy
The Fund will invest substantially all its assets in an AUD denominated share class of the Underlying Sub-Fund, which is domiciled in Luxembourg. However, a small proportion of the Fund's investments may be held in cash primarily for operational purposes.

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 0.16% 1.83% 1.48% -% -% -% -% -%
Growth return 0.16% 1.83% 1.48% -% -% -% -% -%
Income return 0% 0% 0% -% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 1% 1.93% 3.79% 4.06% 4.13% 3.03% 2.16%
As at 28 Feb 2017. 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
19.22%
Australian Equities
4.80%
International Equities
2.78%
Cash
55.80%
Property & Infrastructure
1.92%
Fixed Interest
15.48%

General Information

Fund Details
Type Description
JPMorgan Multi-manager Alternatives
Closed
Perpetual Trust Services Limited
PER0760AU
Alternative - Multistrategy
Not Rated
Investment Fund
1 Jun 2016
$0.5 million (as at 31 Oct 2016)
$1.0324 (as at 24 Mar 2017)
$1.0324 (as at 24 Mar 2017)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.95% (as at 1 Jun 2016)
Minimum initial investment $25,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Aug 2016)

Holding (as at 31 Aug 2016) Type % of Portfolio
Commodity Trs Index Total Return Swap 10.04%
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FAQs about the JPMorgan Multi-manager Alternatives

The objective of the JPMorgan Multi-manager Alternatives managed fund is The investment objective of the Fund is to provide long-term capital appreciation by investing through the Underlying Sub-Fund, in multiple eligible asset classes globally, employing a variety of non-traditional or alternative strategies and techniques and using financial derivative instruments where appropriate.

The strategy of the JPMorgan Multi-manager Alternatives managed fund is The Fund will invest substantially all its assets in an AUD denominated share class of the Underlying Sub-Fund, which is domiciled in Luxembourg. However, a small proportion of the Fund's investments may be held in cash primarily for operational purposes.

The APIR code of the JPMorgan Multi-manager Alternatives managed fund is PER0760AU.

JPMorgan Multi-manager Alternatives’s total return last month was 0.16%. This was made up of a growth return of 0.16% and an income return of 0%. These returns were calculated as at 28 Feb 2017.

JPMorgan Multi-manager Alternatives’s total return for the last three months was 1.83%. This was made up of a growth return of 1.83% and an income return of 0%%. These returns were calculated as at 28 Feb 2017.

JPMorgan Multi-manager Alternatives’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 2017.

JPMorgan Multi-manager Alternatives’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 2017.

The asset allocation of the JPMorgan Multi-manager Alternatives managed fund is :

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

The Responsible Entity for the JPMorgan Multi-manager Alternatives managed fund is Perpetual Trust Services Limited.

The JPMorgan Multi-manager Alternatives managed fund belongs to the Alternative - Multistrategy sector/asset class.

As at 31 Oct 2016, the size of the JPMorgan Multi-manager Alternatives managed fund was $0.5 million.

The JPMorgan Multi-manager Alternatives managed fund has an inception date of 1 Jun 2016.

The current entry price of the JPMorgan Multi-manager Alternatives managed fund is $1.0324 per unit and the current exit price is $1.0324 per unit (as at 24 Mar 2017).

The current exit price of the JPMorgan Multi-manager Alternatives managed fund is $1.0324 per unit and the current entry price is $1.0324 per unit (as at 24 Mar 2017).

The minimum initial investment amount for the JPMorgan Multi-manager Alternatives managed fund is $25,000. 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.