MillhouseIAG Private Equity Fund IDPS - Managed Fund (Closed)

Fund Objective

The Fund's principal objective is to achieve a gross return within the top quartile of performers in the industry where the benchmark is derived from the Private Equity Performance Monitor. The industry benchmark is published in the United Kingdom. This benchmark provides key performance indicators on approximately 4,500 funds globally.

Fund Strategy

The Fund has a broad mandate for asset selection and asset diversification is made by investment maturity, geographic area and industry type. The Fund will also seek to have International diversification for unlisted assets to reduce market risk. It allows the Investment Manager to take advantage of price arbitrage when making and exiting investments. This strategy also permits the Investment Manager to tap into 'Hubs of Innovation' globally.

Fund Performance Comparison

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Peers

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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

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-2.03%	-5.33%	-%	-%	-%	-%	-%	-%
Growth return	-2.03%	-5.33%	-%	-%	-%	-%	-%	-%
Income return	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 Sep 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MillhouseIAG Private Equity Fund IDPS

Cash: -1.37%

Alternatives: 101.37%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Average Allocation of Peers

Cash: 55.63%

Alternatives: 18.77%

Australian Equities: 4.92%

International Equities: 2.98%

Property & Infrastructure: 1.98%

Fixed Interest: 15.73%

General Information

Fund Details

Type	Description
Fund Name	MillhouseIAG Private Equity Fund IDPS (Wholesale)
Fund Status	Closed
Responsible Entity	Huntley Management Limited
APIR Code	TOL0068AU
Sector/Asset Class	Miscellaneous
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	27 May 2005
Fund Size	$0.11 million (as at 30 Sep 2009)
Entry Price	$0.94674 (as at 30 Sep 2009)
Exit Price	$0.94674 (as at 30 Sep 2009)
Fund Status	Suppressed

Offer information

Type	Description
Indirect Cost Ratio (ICR) - Estimated	2.40% (as at 30 Jun 2009) (Estimated)
Minimum initial investment	$50,000
Minimum additional investments	$1.00
Minimum redemption amount	$1.00

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FAQs about the MillhouseIAG Private Equity Fund IDPS

What is the objective of the MillhouseIAG Private Equity Fund IDPS managed fund?

The objective of the MillhouseIAG Private Equity Fund IDPS managed fund is The Fund's principal objective is to achieve a gross return within the top quartile of performers in the industry where the benchmark is derived from the Private Equity Performance Monitor. The industry benchmark is published in the United Kingdom. This benchmark provides key performance indicators on approximately 4,500 funds globally.

What is the strategy for the MillhouseIAG Private Equity Fund IDPS managed fund?

The strategy of the MillhouseIAG Private Equity Fund IDPS managed fund is The Fund has a broad mandate for asset selection and asset diversification is made by investment maturity, geographic area and industry type. The Fund will also seek to have International diversification for unlisted assets to reduce market risk. It allows the Investment Manager to take advantage of price arbitrage when making and exiting investments. This strategy also permits the Investment Manager to tap into 'Hubs of Innovation' globally.

What is the APIR code of the MillhouseIAG Private Equity Fund IDPS managed fund?

The APIR code of the MillhouseIAG Private Equity Fund IDPS managed fund is TOL0068AU.

What was MillhouseIAG Private Equity Fund IDPS’s total return last month?

MillhouseIAG Private Equity Fund IDPS’s total return last month was -2.03%. This was made up of a growth return of -2.03% and an income return of 0%. These returns were calculated as at 30 Sep 2009.

What was MillhouseIAG Private Equity Fund IDPS’s total return for the last three months?

MillhouseIAG Private Equity Fund IDPS’s total return for the last three months was -5.33%. This was made up of a growth return of -5.33% and an income return of 0%%. These returns were calculated as at 30 Sep 2009.

What is MillhouseIAG Private Equity Fund IDPS’s one-year total return?

MillhouseIAG Private Equity Fund IDPS’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 30 Sep 2009.

What is MillhouseIAG Private Equity Fund IDPS’s three-year total return?

MillhouseIAG Private Equity Fund IDPS’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 30 Sep 2009.

What is the asset allocation of the MillhouseIAG Private Equity Fund IDPS managed fund?

The asset allocation of the MillhouseIAG Private Equity Fund IDPS managed fund is :

Cash: -1.37%

Alternatives: 101.37%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Who is the responsible Entity of the MillhouseIAG Private Equity Fund IDPS managed fund?

The Responsible Entity for the MillhouseIAG Private Equity Fund IDPS managed fund is Huntley Management Limited.

What sector/asset class does the MillhouseIAG Private Equity Fund IDPS managed fund belong to?

The MillhouseIAG Private Equity Fund IDPS managed fund belongs to the Miscellaneous sector/asset class.

What is the size of the MillhouseIAG Private Equity Fund IDPS managed fund?

As at 30 Sep 2009, the size of the MillhouseIAG Private Equity Fund IDPS managed fund was $0.11 million.

What is the inception date of the MillhouseIAG Private Equity Fund IDPS managed fund?

The MillhouseIAG Private Equity Fund IDPS managed fund has an inception date of 27 May 2005.

What is the current entry price of the MillhouseIAG Private Equity Fund IDPS managed fund?

The current entry price of the MillhouseIAG Private Equity Fund IDPS managed fund is $0.94674 per unit and the current exit price is $0.94674 per unit (as at 30 Sep 2009).

What is the current exit price of the MillhouseIAG Private Equity Fund IDPS managed fund?

The current exit price of the MillhouseIAG Private Equity Fund IDPS managed fund is $0.94674 per unit and the current entry price is $0.94674 per unit (as at 30 Sep 2009).

What is the minimum investment amount for the MillhouseIAG Private Equity Fund IDPS managed fund?

The minimum initial investment amount for the MillhouseIAG Private Equity Fund IDPS managed fund is $50,000. Minimum additional investment is $1.

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.

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