InvestSMART

Macquarie Dividend Run - Up Fund - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the Fund Benchmark over the medium term (before fees) before and after franking credits. It also aims to provide regular income distributions. The Fund Benchmark is defined as the aggregate of: - 30% of the S&P/ASX 100 Accumulation Index, plus - 70% of the UBS Australian Bank Bill Index, rebalanced monthly.
Fund Strategy
The Fund provides investors with potentially tax efficient equity income via exposure to high yielding Australian stocks likely to experience a dividend run-up phenomenon.

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 -0.75% -2.01% -3.76% -6.04% -4.46% -1.85% -1.71% -%
Growth return -0.75% -3.18% -5.29% -9.11% -7.44% -4.3% -4.2% -%
Income return 0% 1.17% 1.53% 3.07% 2.98% 2.45% 2.49% -%
Market index (S&P/ASX 200 TR AUD)
Total return -0.78% 4.71% 14.66% 10.56% 16.03% 15.17% 12.98% 10.11%
As at 30 Nov 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Dividend Run - Up Fund
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
-0.72%
Australian Equities
93.40%
International Equities
5.08%
Property & Infrastructure
1.40%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
Macquarie Dividend Run - Up Fund
Closed
Macquarie Financial Products Mgmt Ltd
MAQ0820AU
Equity Australia Large Value
star (as at 30 Nov 2018)
Investment Fund
4 Apr 2013
$8.58 million (as at 30 Nov 2018)
$0.8081 (as at 17 Dec 2018)
$0.8081 (as at 17 Dec 2018)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.34% (as at 30 Jun 2018)
Minimum initial investment $20,000
Minimum additional investments $10,000.00

FAQs about the Macquarie Dividend Run - Up Fund

The objective of the Macquarie Dividend Run - Up Fund managed fund is The Fund aims to outperform the Fund Benchmark over the medium term (before fees) before and after franking credits. It also aims to provide regular income distributions. The Fund Benchmark is defined as the aggregate of: - 30% of the S&P/ASX 100 Accumulation Index, plus - 70% of the UBS Australian Bank Bill Index, rebalanced monthly.

The strategy of the Macquarie Dividend Run - Up Fund managed fund is The Fund provides investors with potentially tax efficient equity income via exposure to high yielding Australian stocks likely to experience a dividend run-up phenomenon.

The APIR code of the Macquarie Dividend Run - Up Fund managed fund is MAQ0820AU.

Macquarie Dividend Run - Up Fund’s total return last month was -0.75%. This was made up of a growth return of -0.75% and an income return of 0%. These returns were calculated as at 30 Nov 2018.

Macquarie Dividend Run - Up Fund’s total return for the last three months was -2.01%. This was made up of a growth return of -3.18% and an income return of 1.17%%. These returns were calculated as at 30 Nov 2018.

Macquarie Dividend Run - Up Fund’s one-year total return is -6.04%. This was made up of a growth return of -9.11% and an income return of 3.07%. These returns were calculated as at 30 Nov 2018.

Macquarie Dividend Run - Up Fund’s one-year total return is -1.85%. This was made up of a growth return of -4.3% and an income return of 2.45%. These returns were calculated as at 30 Nov 2018.

The asset allocation of the Macquarie Dividend Run - Up Fund managed fund is :

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

The Responsible Entity for the Macquarie Dividend Run - Up Fund managed fund is Macquarie Financial Products Mgmt Ltd.

The Macquarie Dividend Run - Up Fund managed fund belongs to the Equity Australia Large Value sector/asset class.

As at 30 Nov 2018, the size of the Macquarie Dividend Run - Up Fund managed fund was $8.58 million.

The Macquarie Dividend Run - Up Fund managed fund has an inception date of 4 Apr 2013.

The current entry price of the Macquarie Dividend Run - Up Fund managed fund is $0.8081 per unit and the current exit price is $0.8081 per unit (as at 17 Dec 2018).

The current exit price of the Macquarie Dividend Run - Up Fund managed fund is $0.8081 per unit and the current entry price is $0.8081 per unit (as at 17 Dec 2018).

The minimum initial investment amount for the Macquarie Dividend Run - Up Fund managed fund is $20,000. 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.