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  5. Macquarie Flexible Investment - Income Advantage - Managed fund profile

Macquarie Flexible Investment - Income Advantage - Managed Fund (Closed)

Fund Objective
To provide investors with a broad asset class exposure with a focus on cash and fixed interest investments and limited exposure to growth assets. The fund aims to return a consistent level of income and some capital growth.
Fund Strategy
Investments can be made both directly in the market and through underlying managed funds that have exposure to a certain asset class. The investment management team for each asset class is responsible for identifying and pursuing investment opportunities within set limits.

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 0.67% 2.5% 4.43% 4.32% 5.66% 7.43% 3.64% 4.95%
Growth return 0.67% 1.97% 3.67% -2.8% -0.29% 2.75% -2.91% -0.41%
Income return 0% 0.53% 0.76% 7.12% 5.95% 4.68% 6.55% 5.36%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 1.06% 2.87% 4.38% 7.21% 7.92% 6.66% 3.89% 4.5%
As at 30 Apr 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Flexible Investment - Income Advantage
Australian Equities
9.88%
International Equities
8.69%
Cash
30.28%
Property & Infrastructure
5.45%
Fixed Interest
45.71%
Alternatives
0%
Average Allocation of Peers
Australian Equities
10.84%
International Equities
15.24%
Cash
15.01%
Property & Infrastructure
3.67%
Fixed Interest
49.61%
Alternatives
5.63%

General Information

Fund Details
Type Description
Macquarie Flexible Investment - Income Advantage
Closed
Macquarie Investment Management Aus Ltd.
MAQ0011AU
Multisector Moderate
starstarstarstar (as at 30 Apr 2012)
Investment Fund
31 Jul 1993
$17.78 million (as at 30 Apr 2012)
$0.9706 (as at 16 May 2012)
$0.9678 (as at 16 May 2012)
Finalised
Offer information
Type Description
MER 1.78% (as at 30 Jun 2006)
Minimum initial investment $5,000.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

FAQs about the Macquarie Flexible Investment - Income Advantage

The objective of the Macquarie Flexible Investment - Income Advantage managed fund is To provide investors with a broad asset class exposure with a focus on cash and fixed interest investments and limited exposure to growth assets. The fund aims to return a consistent level of income and some capital growth.

The strategy of the Macquarie Flexible Investment - Income Advantage managed fund is Investments can be made both directly in the market and through underlying managed funds that have exposure to a certain asset class. The investment management team for each asset class is responsible for identifying and pursuing investment opportunities within set limits.

The APIR code of the Macquarie Flexible Investment - Income Advantage managed fund is MAQ0011AU.

Macquarie Flexible Investment - Income Advantage’s total return last month was 0.67%. This was made up of a growth return of 0.67% and an income return of 0%. These returns were calculated as at 30 Apr 2012.

Macquarie Flexible Investment - Income Advantage’s total return for the last three months was 2.5%. This was made up of a growth return of 1.97% and an income return of 0.53%%. These returns were calculated as at 30 Apr 2012.

Macquarie Flexible Investment - Income Advantage’s one-year total return is 4.32%. This was made up of a growth return of -2.8% and an income return of 7.12%. These returns were calculated as at 30 Apr 2012.

Macquarie Flexible Investment - Income Advantage’s one-year total return is 7.43%. This was made up of a growth return of 2.75% and an income return of 4.68%. These returns were calculated as at 30 Apr 2012.

The asset allocation of the Macquarie Flexible Investment - Income Advantage managed fund is :

Australian Equities
9.88%
International Equities
8.69%
Cash
30.28%
Property & Infrastructure
5.45%
Fixed Interest
45.71%
Alternatives
0%

The Responsible Entity for the Macquarie Flexible Investment - Income Advantage managed fund is Macquarie Investment Management Aus Ltd..

The Macquarie Flexible Investment - Income Advantage managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Apr 2012, the size of the Macquarie Flexible Investment - Income Advantage managed fund was $17.78 million.

The Macquarie Flexible Investment - Income Advantage managed fund has an inception date of 31 Jul 1993.

The current entry price of the Macquarie Flexible Investment - Income Advantage managed fund is $0.9706 per unit and the current exit price is $0.9678 per unit (as at 16 May 2012).

The current exit price of the Macquarie Flexible Investment - Income Advantage managed fund is $0.9678 per unit and the current entry price is $0.9706 per unit (as at 16 May 2012).

The minimum initial investment amount for the Macquarie Flexible Investment - Income Advantage managed fund is $5,000. Minimum additional investment is $500.

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.