InvestSMART

MFS Premium Income Fund (1 Month) - Managed Fund (Closed)

Fund Objective
The objective of the Fund is to provide investors with the opportunity to invest short to medium term in a range of mortgage assets and other investments selected for their ability to provide both protection of capital and consistent returns.
Fund Strategy
Investors' funds are invested in a range of mortgage assets secured directly or indirectly over property, bank deposits and/or short term bank bills to maintain appropriate liquidity within the fund.

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 0.55% 1.66% 3.35% -% -% -% -% -%
Growth return 0% 0% 0% -% -% -% -% -%
Income return 0.55% 1.66% 3.35% -% -% -% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.31% 0.9% 1.83% 3.97% 4.22% 4.11% 2.71% 2.11%
As at 31 Mar 2004. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MFS Premium Income Fund (1 Month)
Property & Infrastructure
78.40%
Alternatives
21.60%
Australian Equities
0%
Cash
0%
Fixed Interest
0%
Average Allocation of Peers
Property & Infrastructure
0.88%
Alternatives
0%
Australian Equities
0.03%
Cash
18.98%
Fixed Interest
80.11%

General Information

Fund Details
Type Description
MFS Premium Income Fund (1 Month)
Closed
Mclaughlins Financial Services limited
MFS0003AU
Mortgages
Not Rated
Investment Fund
1 Nov 2000
$2.52 million (as at 3 Jul 2003)
n/a
$1 (as at 31 Mar 2004)
Finalised
Offer information
Type Description
Minimum initial investment $5,000.00
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FAQs about the MFS Premium Income Fund (1 Month)

The objective of the MFS Premium Income Fund (1 Month) managed fund is The objective of the Fund is to provide investors with the opportunity to invest short to medium term in a range of mortgage assets and other investments selected for their ability to provide both protection of capital and consistent returns.

The strategy of the MFS Premium Income Fund (1 Month) managed fund is Investors' funds are invested in a range of mortgage assets secured directly or indirectly over property, bank deposits and/or short term bank bills to maintain appropriate liquidity within the fund.

The APIR code of the MFS Premium Income Fund (1 Month) managed fund is MFS0003AU.

MFS Premium Income Fund (1 Month)’s total return last month was 0.55%. This was made up of a growth return of 0% and an income return of 0.55%. These returns were calculated as at 31 Mar 2004.

MFS Premium Income Fund (1 Month)’s total return for the last three months was 1.66%. This was made up of a growth return of 0% and an income return of 1.66%%. These returns were calculated as at 31 Mar 2004.

MFS Premium Income Fund (1 Month)’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2004.

MFS Premium Income Fund (1 Month)’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2004.

The asset allocation of the MFS Premium Income Fund (1 Month) managed fund is :

Property & Infrastructure
78.40%
Alternatives
21.60%
Australian Equities
0%
Cash
0%
Fixed Interest
0%

The Responsible Entity for the MFS Premium Income Fund (1 Month) managed fund is Mclaughlins Financial Services limited.

The MFS Premium Income Fund (1 Month) managed fund belongs to the Mortgages sector/asset class.

As at 3 Jul 2003, the size of the MFS Premium Income Fund (1 Month) managed fund was $2.52 million.

The MFS Premium Income Fund (1 Month) managed fund has an inception date of 1 Nov 2000.

The current entry price of the MFS Premium Income Fund (1 Month) managed fund is $ per unit and the current exit price is $1 per unit (as at 31 Mar 2004).

The current exit price of the MFS Premium Income Fund (1 Month) managed fund is $1 per unit and the current entry price is $ per unit (as at 31 Mar 2004).

The minimum initial investment amount for the MFS Premium Income Fund (1 Month) managed fund is $5,000.

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.