InvestSMART

MGA - Pacific 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% 0.21% 2.01% 0.24% 0.3% -1.56% -1.98% 0.37%
Growth return 0% 0.21% 2.01% 0.24% 0.3% -1.56% -1.98% 0.37%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 31 Aug 2002. 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
20.33%
Australian Equities
3.92%
International Equities
7.25%
Cash
46.16%
Property & Infrastructure
1.84%
Fixed Interest
20.51%

General Information

Fund Details
Type Description
MGA - Pacific Limited
Closed
OM Strategic Investments Limited
ORD0012AU
Miscellaneous
Not Rated
Investment Fund
15 Apr 1989
$1.4 million (as at 31 Aug 2002)
n/a
$1.597 (as at 31 Aug 2002)
Finalised
Offer information
Type Description
MER 8.26% (as at 31 Mar 1990)
Minimum initial investment

FAQs about the MGA - Pacific Limited

The objective of the MGA - Pacific 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 - Pacific 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 - Pacific Limited managed fund is ORD0012AU.

MGA - Pacific Limited’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 31 Aug 2002.

MGA - Pacific Limited’s total return for the last three months was 0.21%. This was made up of a growth return of 0.21% and an income return of 0%%. These returns were calculated as at 31 Aug 2002.

MGA - Pacific Limited’s one-year total return is 0.24%. This was made up of a growth return of 0.24% and an income return of 0%. These returns were calculated as at 31 Aug 2002.

MGA - Pacific Limited’s one-year total return is -1.56%. This was made up of a growth return of -1.56% and an income return of 0%. These returns were calculated as at 31 Aug 2002.

The asset allocation of the MGA - Pacific 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 - Pacific Limited managed fund is OM Strategic Investments Limited.

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

As at 31 Aug 2002, the size of the MGA - Pacific Limited managed fund was $1.4 million.

The MGA - Pacific Limited managed fund has an inception date of 15 Apr 1989.

The current entry price of the MGA - Pacific Limited managed fund is $ per unit and the current exit price is $1.597 per unit (as at 31 Aug 2002).

The current exit price of the MGA - Pacific Limited managed fund is $1.597 per unit and the current entry price is $ per unit (as at 31 Aug 2002).

The minimum initial investment amount for the MGA - Pacific Limited managed fund is $0.

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.