InvestSMART

MGA - Currencies Limited - Managed Fund (Closed)

Fund Objective
Substantial capital growth with risks limited through diversification with the security of a capital guarantee and a rising guarantee for shares held until maturity.
Fund Strategy
After 60% of subscriptions are placed with Westpac for investment in fixed interest securities sufficient to meet the capital back guarantee at maturity, the remaining amount will be traded via futures contracts, interbank foreign exchange and US equities.

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 0.62% 1.74% 3.41% 6.32% 5.4% 6.2% 8.37% -%
Growth return 0.62% 1.74% 3.41% 6.32% 5.4% 6.2% 8.37% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 0.96% 1.88% 3.76% 4.06% 4.11% 2.96% 2.14%
As at 30 Nov 2000. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
18.87%
Australian Equities
4.87%
International Equities
2.86%
Cash
55.89%
Property & Infrastructure
1.98%
Fixed Interest
15.53%

General Information

Fund Details
Type Description
MGA - Currencies Limited
Closed
OM Strategic Investments Limited
ORD0014AU
Miscellaneous
Not Rated
Investment Fund
31 Dec 1992
$4.5 million (as at 30 Nov 2000)
n/a
$1.012 (as at 30 Nov 2000)
Finalised
Offer information
Type Description
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FAQs about the MGA - Currencies Limited

The objective of the MGA - Currencies Limited managed fund is Substantial capital growth with risks limited through diversification with the security of a capital guarantee and a rising guarantee for shares held until maturity.

The strategy of the MGA - Currencies Limited managed fund is After 60% of subscriptions are placed with Westpac for investment in fixed interest securities sufficient to meet the capital back guarantee at maturity, the remaining amount will be traded via futures contracts, interbank foreign exchange and US equities.

The APIR code of the MGA - Currencies Limited managed fund is ORD0014AU.

MGA - Currencies Limited’s total return last month was 0.62%. This was made up of a growth return of 0.62% and an income return of 0%. These returns were calculated as at 30 Nov 2000.

MGA - Currencies Limited’s total return for the last three months was 1.74%. This was made up of a growth return of 1.74% and an income return of 0%%. These returns were calculated as at 30 Nov 2000.

MGA - Currencies Limited’s one-year total return is 6.32%. This was made up of a growth return of 6.32% and an income return of 0%. These returns were calculated as at 30 Nov 2000.

MGA - Currencies Limited’s one-year total return is 6.2%. This was made up of a growth return of 6.2% and an income return of 0%. These returns were calculated as at 30 Nov 2000.

The asset allocation of the MGA - Currencies Limited managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the MGA - Currencies Limited managed fund is OM Strategic Investments Limited.

The MGA - Currencies Limited managed fund belongs to the Miscellaneous sector/asset class.

As at 30 Nov 2000, the size of the MGA - Currencies Limited managed fund was $4.5 million.

The MGA - Currencies Limited managed fund has an inception date of 31 Dec 1992.

The current entry price of the MGA - Currencies Limited managed fund is $ per unit and the current exit price is $1.012 per unit (as at 30 Nov 2000).

The current exit price of the MGA - Currencies Limited managed fund is $1.012 per unit and the current entry price is $ per unit (as at 30 Nov 2000).

The minimum initial investment amount for the MGA - Currencies Limited managed fund is $.

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.