MIR Australian Equities A - Managed Fund (Closed)

Fund Objective

To outperform the S&P/ASX 200 Accumulation Index by greater than 4.5% per annum over rolling five year periods before taking into account Fund fees and expenses. Returns are not guaranteed.

Fund Strategy

A diversified portfolio of stocks comprising companies that are listed on the Australian Stock Exchange ('ASX') that are held either directly or by investing in units in other MIR funds established by MIR or EQT.

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

% 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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.02%	-7.17%	1.36%	-8.38%	2.41%	4.65%	-6.62%	-%
Growth return	0.02%	-7.17%	1.36%	-8.38%	0.67%	1.6%	-10.43%	-%
Income return	0%	0%	0%	0%	1.74%	3.05%	3.81%	-%
Market index (S&P/ASX 200 TR AUD)
Total return	1.15%	-4.03%	3.01%	6.89%	10.08%	11.02%	8.1%	9.1%

As at 30 Jun 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MIR Australian Equities A

Australian Equities: 89.69%

Cash: 3.29%

Property & Infrastructure: 7.04%

Alternatives: -0.02%

International Equities: 0%

Fixed Interest: 0%

Average Allocation of Peers

Australian Equities: 96.27%

Cash: -0.73%

Property & Infrastructure: 1.14%

Alternatives: -0.02%

International Equities: 3.80%

Fixed Interest: -0.46%

General Information

Fund Details

Type	Description
Fund Name	MIR Australian Equities A (Wholesale)
Fund Status	Closed
Responsible Entity	MIR Investment Management Limited
APIR Code	ETL0014AU
Sector/Asset Class	Equity Australia Large Value
Morningstar Rating	(as at 30 Jun 2012)
Legal Structure	Investment Fund
Fund Inception	19 Jan 2004
Fund Size	$6.1 million (as at 26 Jul 2012)
Entry Price	$0.8662 (as at 26 Jul 2012)
Exit Price	$0.8602 (as at 26 Jul 2012)
Fund Status	Suppressed

Offer information

Type	Description
Minimum initial investment	$1,000,000

Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?

The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.

Guide to tidying up your Portfolio Manager holdings

FAQs about the MIR Australian Equities A

What is the objective of the MIR Australian Equities A managed fund?

The objective of the MIR Australian Equities A managed fund is To outperform the S&P/ASX 200 Accumulation Index by greater than 4.5% per annum over rolling five year periods before taking into account Fund fees and expenses. Returns are not guaranteed.

What is the strategy for the MIR Australian Equities A managed fund?

The strategy of the MIR Australian Equities A managed fund is A diversified portfolio of stocks comprising companies that are listed on the Australian Stock Exchange ('ASX') that are held either directly or by investing in units in other MIR funds established by MIR or EQT.

What is the APIR code of the MIR Australian Equities A managed fund?

The APIR code of the MIR Australian Equities A managed fund is ETL0014AU.

What was MIR Australian Equities A’s total return last month?

MIR Australian Equities A’s total return last month was 0.02%. This was made up of a growth return of 0.02% and an income return of 0%. These returns were calculated as at 30 Jun 2012.

What was MIR Australian Equities A’s total return for the last three months?

MIR Australian Equities A’s total return for the last three months was -7.17%. This was made up of a growth return of -7.17% and an income return of 0%%. These returns were calculated as at 30 Jun 2012.

What is MIR Australian Equities A’s one-year total return?

MIR Australian Equities A’s one-year total return is -8.38%. This was made up of a growth return of -8.38% and an income return of 0%. These returns were calculated as at 30 Jun 2012.

What is MIR Australian Equities A’s three-year total return?

MIR Australian Equities A’s one-year total return is 4.65%. This was made up of a growth return of 1.6% and an income return of 3.05%. These returns were calculated as at 30 Jun 2012.

What is the asset allocation of the MIR Australian Equities A managed fund?

The asset allocation of the MIR Australian Equities A managed fund is :

Australian Equities: 89.69%

Cash: 3.29%

Property & Infrastructure: 7.04%

Alternatives: -0.02%

International Equities: 0%

Fixed Interest: 0%

Who is the responsible Entity of the MIR Australian Equities A managed fund?

The Responsible Entity for the MIR Australian Equities A managed fund is MIR Investment Management Limited.

What sector/asset class does the MIR Australian Equities A managed fund belong to?

The MIR Australian Equities A managed fund belongs to the Equity Australia Large Value sector/asset class.

What is the size of the MIR Australian Equities A managed fund?

As at 26 Jul 2012, the size of the MIR Australian Equities A managed fund was $6.1 million.

What is the inception date of the MIR Australian Equities A managed fund?

The MIR Australian Equities A managed fund has an inception date of 19 Jan 2004.

What is the current entry price of the MIR Australian Equities A managed fund?

The current entry price of the MIR Australian Equities A managed fund is $0.8662 per unit and the current exit price is $0.8602 per unit (as at 26 Jul 2012).

What is the current exit price of the MIR Australian Equities A managed fund?

The current exit price of the MIR Australian Equities A managed fund is $0.8602 per unit and the current entry price is $0.8662 per unit (as at 26 Jul 2012).

What is the minimum investment amount for the MIR Australian Equities A managed fund?

The minimum initial investment amount for the MIR Australian Equities A managed fund is $1,000,000.

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.

What our members say about us