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  5. Macquarie BRIC Advantage Fund (Unhedged) - Managed fund profile

Macquarie BRIC Advantage Fund (Unhedged) - Managed Fund (Closed)

Fund Objective
The Unhedged Fund seeks to outperform the MSCI Emerging Markets Index in US dollar terms (Index) after fees over the long term.
Fund Strategy
The Unhedged Fund invests predominantly in listed equity securities that provide exposure to emerging market economies with a particular focus on Brazil, Russia, India and China (BRIC). Under certain market conditions, the Unhedged Fund may also be completely invested in cash.

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 1.38% -4.7% -16.28% -19.93% -9.9% -% -% -%
Growth return 1.38% -4.7% -16.28% -20.39% -10.77% -% -% -%
Income return 0% 0% 0% 0.46% 0.87% -% -% -%
Market index (MSCI EM NR AUD)
Total return -0.37% 7.63% 10.56% 21.08% 15.33% 12.54% 7.81% 7.78%
As at 30 Nov 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie BRIC Advantage Fund (Unhedged)
International Equities
97.67%
Cash
2.33%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.79%
Cash
1.97%
Australian Equities
2.10%
Property & Infrastructure
0.08%
Fixed Interest
0.02%
Alternatives
0.03%

General Information

Fund Details
Type Description
Macquarie BRIC Advantage Fund (Unhedged) (Wholesale)
Closed
Macquarie Investment Management Aus Ltd.
MAQ0626AU
Equity Emerging Markets
Not Rated
Investment Fund
25 May 2009
$2.66 million (as at 30 Nov 2011)
$0.81 (as at 22 Dec 2011)
$0.81 (as at 22 Dec 2011)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.31% (as at 30 Jun 2011)
Minimum initial investment $50,000
Minimum additional investments $10,000.00

FAQs about the Macquarie BRIC Advantage Fund (Unhedged)

The objective of the Macquarie BRIC Advantage Fund (Unhedged) managed fund is The Unhedged Fund seeks to outperform the MSCI Emerging Markets Index in US dollar terms (Index) after fees over the long term.

The strategy of the Macquarie BRIC Advantage Fund (Unhedged) managed fund is The Unhedged Fund invests predominantly in listed equity securities that provide exposure to emerging market economies with a particular focus on Brazil, Russia, India and China (BRIC). Under certain market conditions, the Unhedged Fund may also be completely invested in cash.

The APIR code of the Macquarie BRIC Advantage Fund (Unhedged) managed fund is MAQ0626AU.

Macquarie BRIC Advantage Fund (Unhedged)’s total return last month was 1.38%. This was made up of a growth return of 1.38% and an income return of 0%. These returns were calculated as at 30 Nov 2011.

Macquarie BRIC Advantage Fund (Unhedged)’s total return for the last three months was -4.7%. This was made up of a growth return of -4.7% and an income return of 0%%. These returns were calculated as at 30 Nov 2011.

Macquarie BRIC Advantage Fund (Unhedged)’s one-year total return is -19.93%. This was made up of a growth return of -20.39% and an income return of 0.46%. These returns were calculated as at 30 Nov 2011.

Macquarie BRIC Advantage Fund (Unhedged)’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 30 Nov 2011.

The asset allocation of the Macquarie BRIC Advantage Fund (Unhedged) managed fund is :

International Equities
97.67%
Cash
2.33%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Macquarie BRIC Advantage Fund (Unhedged) managed fund is Macquarie Investment Management Aus Ltd..

The Macquarie BRIC Advantage Fund (Unhedged) managed fund belongs to the Equity Emerging Markets sector/asset class.

As at 30 Nov 2011, the size of the Macquarie BRIC Advantage Fund (Unhedged) managed fund was $2.66 million.

The Macquarie BRIC Advantage Fund (Unhedged) managed fund has an inception date of 25 May 2009.

The current entry price of the Macquarie BRIC Advantage Fund (Unhedged) managed fund is $0.81 per unit and the current exit price is $0.81 per unit (as at 22 Dec 2011).

The current exit price of the Macquarie BRIC Advantage Fund (Unhedged) managed fund is $0.81 per unit and the current entry price is $0.81 per unit (as at 22 Dec 2011).

The minimum initial investment amount for the Macquarie BRIC Advantage Fund (Unhedged) managed fund is $50,000. Minimum additional investment is $10000.

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.