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Macquarie Life Global Equities - Managed Fund (Closed)

Fund Objective
The fund's investment objective is to seek to achieve a long-term (at least seven years) total return before fees and expenses that exceeds the MSCI All Country World Index ex Australia, in A$ unhedged with net dividends re-invested (the 'benchmark').
Fund Strategy
The fund invests in the Arrowstreet Global Equity Fund to obtain exposure to shares of companies listed on stock exchanges around the world, but will also have some exposure to cash and derivatives. The fund will use derivatives such as foreign exchange contracts to manage currency risk. Derivatives will not be used for leverage or gearing 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 0.65% 1.1% 2.8% 12.2% 8.53% 11.83% 10.03% 13.09%
Growth return 1.12% 5.48% 9.07% 14.64% 14.29% 11.84% 13.36% 14.49%
Income return -0.47% -4.38% -6.27% -2.44% -5.76% -0.01% -3.33% -1.4%
Market index (MSCI World Ex Australia NR AUD)
Total return 1.99% 6.14% 12.44% 23.03% 23.12% 22.63% 16.27% 13.14%
As at 31 Oct 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Life Global Equities
International Equities
95.85%
Cash
4.15%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.50%
Cash
1.78%
Australian Equities
1.42%
Property & Infrastructure
1.16%
Fixed Interest
0%
Alternatives
0.15%

General Information

Fund Details
Type Description
Macquarie Life Global Equities (Wholesale)
Closed
Macquarie Life Limited
MAQ0073AU
Equity World Large Blend
starstarstarstar (as at 31 Oct 2019)
Superannuation Fund
16 May 1994
$0 million (as at 30 Nov 2019)
$10.596 (as at 26 Nov 2019)
$10.5526 (as at 26 Nov 2019)
Finalised
Offer information
Type Description
MER 0.95% (as at 30 Jun 2004)
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2013)
Minimum initial investment $500,000

Top 10 holdings (as at 31 Aug 2020)

Holding (as at 31 Aug 2020) Type % of Portfolio
Cash Cash 100%

FAQs about the Macquarie Life Global Equities

The objective of the Macquarie Life Global Equities managed fund is The fund's investment objective is to seek to achieve a long-term (at least seven years) total return before fees and expenses that exceeds the MSCI All Country World Index ex Australia, in A$ unhedged with net dividends re-invested (the 'benchmark').

The strategy of the Macquarie Life Global Equities managed fund is The fund invests in the Arrowstreet Global Equity Fund to obtain exposure to shares of companies listed on stock exchanges around the world, but will also have some exposure to cash and derivatives. The fund will use derivatives such as foreign exchange contracts to manage currency risk. Derivatives will not be used for leverage or gearing purposes.

The APIR code of the Macquarie Life Global Equities managed fund is MAQ0073AU.

Macquarie Life Global Equities’s total return last month was 0.65%. This was made up of a growth return of 1.12% and an income return of -0.47%. These returns were calculated as at 31 Oct 2019.

Macquarie Life Global Equities’s total return for the last three months was 1.1%. This was made up of a growth return of 5.48% and an income return of -4.38%%. These returns were calculated as at 31 Oct 2019.

Macquarie Life Global Equities’s one-year total return is 12.2%. This was made up of a growth return of 14.64% and an income return of -2.44%. These returns were calculated as at 31 Oct 2019.

Macquarie Life Global Equities’s one-year total return is 11.83%. This was made up of a growth return of 11.84% and an income return of -0.01%. These returns were calculated as at 31 Oct 2019.

The asset allocation of the Macquarie Life Global Equities managed fund is :

International Equities
95.85%
Cash
4.15%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Macquarie Life Global Equities managed fund is Macquarie Life Limited.

The Macquarie Life Global Equities managed fund belongs to the Equity World Large Blend sector/asset class.

As at 30 Nov 2019, the size of the Macquarie Life Global Equities managed fund was $0 million.

The Macquarie Life Global Equities managed fund has an inception date of 16 May 1994.

The current entry price of the Macquarie Life Global Equities managed fund is $10.596 per unit and the current exit price is $10.5526 per unit (as at 26 Nov 2019).

The current exit price of the Macquarie Life Global Equities managed fund is $10.5526 per unit and the current entry price is $10.596 per unit (as at 26 Nov 2019).

The minimum initial investment amount for the Macquarie Life Global Equities managed fund is $500,000.

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.