Macquarie Master Geared Growth - Managed Fund

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

{{ fund.fees * 100 | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.

Don't let high fees kill your returns

The {{ modelPortfolio.name }} portfolio has fair and transparent fees to help you keep more money in your pocket.

View our Fund

Don't let high fees kill your returns

Build a diversified portfolio to match your needs with our range of low cost investment options.

View our funds

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -1.67 6.34 17.65 20.16 7.98 9.13 17.56 -2.41
Growth return -1.67 6.34 15.46 15.93 5.17 6.53 14.73 -5.83
Income return 0 0 2.19 4.23 2.81 2.6 2.83 3.42
Market index (S&P/ASX 200 TR AUD)
Total return 1.84 2.37 - 12.47 13.21 11.88 9.5 8.15
As as 31 May 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Master Geared Growth
Australian Equities
1.37%
Cash
98.63%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.05%
Cash
2.99%
International Equities
0.69%
Property
3.16%
Fixed Interest
0.04%
Alternatives
0.08%

General Information

Fund Details
Type Description
Macquarie Master Geared Growth (Wholesale)
Closed
Macquarie Investment Management Aus Ltd.
MAQ0271AU
Equity Australia Large Geared
starstarstar (as at 31 May 2017)
Investment Fund
1 Mar 2002
$8.44 million (as at 31 May 2017)
$1.1064 (as at 31 May 2017)
$1.0958 (as at 31 May 2017)
Fund Objective
The option provides access to a geared portfolio of Australian shares through borrowing. It aims to outperform a similarly geared investment in the S&P/ASX 200 Accumulation Index over the medium-term (before fees) with a high level of tax-effective capital growth.
Fund Strategy
The first part of Macquarie's investment process focuses on constructing a portfolio to outperform the S&P/ ASX 200 Accumulation Index on a core holding of the option. The option then borrows money to gain exposure to a greater value of shares than would otherwise be possible to significantly enhance returns.
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.99% (as at 30 Jun 2016)
Performance fee (not included in ICR) 0
Minimum initial investment $100,000
Minimum additional investments $10,000.00

Top 10 holdings (as at 31 May 2017)

Holding (as at 31 May 2017) Type % of Portfolio
National Australia Bank Ltd Equity 7.16%
Login now to view the complete list of holdings.

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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

Compare your fund
Underperforming
81%^

Underperform the industry standard benchmarks

Compare your fund

Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.39%
Intelligent Investor Equity Growth 9.87%
InvestSMART High Growth 9.27%
Intelligent Investor Equity Income 9.06%
InvestSMART Diversified Property and Infrastructure 8.48%
InvestSMART Growth 8.47%
Intelligent Investor Australian Small Companies Fund 7.27%
InvestSMART Balanced 6.86%
InvestSMART Conservative 5.33%
InvestSMART Hybrid Income 5.27%
InvestSMART Interest Income 3.75%