InvestSMART

Macquarie Life Mstr - Growth Fund - Managed Fund (Closed)

Fund Objective
The objective of this option is to provide investors with broad asset class exposure by focusing on equity investments with limited exposure to cash and fixed interest assets. The option aims to return a level of capital growth and some income.
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, with the aim of ensuring the investment in the fund gets maximum exposure to the right assets at the right time.

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 -2% -0.32% 5.93% 19.79% 16.88% 17.3% 13.32% -%
Growth return -2% -0.32% 5.93% 19.79% 16.88% 17.3% 13.32% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return -5.35% -3.15% -1.78% 11.02% 8.52% 11.72% 8.74% 9.82%
As at 31 Jul 2007. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Life Mstr - Growth Fund
Australian Equities
44.42%
International Equities
30.81%
Cash
6.02%
Property & Infrastructure
5.06%
Fixed Interest
12.08%
Alternatives
1.63%
Average Allocation of Peers
Australian Equities
34.55%
International Equities
48.48%
Cash
2.11%
Property & Infrastructure
4.94%
Fixed Interest
5.64%
Alternatives
4.29%

General Information

Fund Details
Type Description
Macquarie Life Mstr - Growth Fund (Wholesale)
Closed
Macquarie Life Limited
MAQ0319AU
Multisector Aggressive
Not Rated
Superannuation Fund
26 Aug 1998
n/a
$2.0829 (as at 17 Aug 2007)
$2.0729 (as at 17 Aug 2007)
Finalised
Offer information
Type Description
MER 0.95% (as at 30 Jun 2004)
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2008)
Minimum initial investment $250,000
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FAQs about the Macquarie Life Mstr - Growth Fund

The objective of the Macquarie Life Mstr - Growth Fund managed fund is The objective of this option is to provide investors with broad asset class exposure by focusing on equity investments with limited exposure to cash and fixed interest assets. The option aims to return a level of capital growth and some income.

The strategy of the Macquarie Life Mstr - Growth Fund 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, with the aim of ensuring the investment in the fund gets maximum exposure to the right assets at the right time.

The APIR code of the Macquarie Life Mstr - Growth Fund managed fund is MAQ0319AU.

Macquarie Life Mstr - Growth Fund’s total return last month was -2%. This was made up of a growth return of -2% and an income return of 0%. These returns were calculated as at 31 Jul 2007.

Macquarie Life Mstr - Growth Fund’s total return for the last three months was -0.32%. This was made up of a growth return of -0.32% and an income return of 0%%. These returns were calculated as at 31 Jul 2007.

Macquarie Life Mstr - Growth Fund’s one-year total return is 19.79%. This was made up of a growth return of 19.79% and an income return of 0%. These returns were calculated as at 31 Jul 2007.

Macquarie Life Mstr - Growth Fund’s one-year total return is 17.3%. This was made up of a growth return of 17.3% and an income return of 0%. These returns were calculated as at 31 Jul 2007.

The asset allocation of the Macquarie Life Mstr - Growth Fund managed fund is :

Australian Equities
44.42%
International Equities
30.81%
Cash
6.02%
Property & Infrastructure
5.06%
Fixed Interest
12.08%
Alternatives
1.63%

The Responsible Entity for the Macquarie Life Mstr - Growth Fund managed fund is Macquarie Life Limited.

The Macquarie Life Mstr - Growth Fund managed fund belongs to the Multisector Aggressive sector/asset class.

As at 31 May 2009, the size of the Macquarie Life Mstr - Growth Fund managed fund was $ million.

The Macquarie Life Mstr - Growth Fund managed fund has an inception date of 26 Aug 1998.

The current entry price of the Macquarie Life Mstr - Growth Fund managed fund is $2.0829 per unit and the current exit price is $2.0729 per unit (as at 17 Aug 2007).

The current exit price of the Macquarie Life Mstr - Growth Fund managed fund is $2.0729 per unit and the current entry price is $2.0829 per unit (as at 17 Aug 2007).

The minimum initial investment amount for the Macquarie Life Mstr - Growth Fund managed fund is $250,000.

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.