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Mirvac Property Equities Fund - Income - Managed Fund (Closed)

Fund Objective
To develop a managed portfolio of property based securities providing high capital growth for growth unitholders.
Fund Strategy
To invest primarily in listed property trusts and equities of high potential together with real property investment if considered attractive and some fixed interest or money market securities.

Fund Performance Comparison

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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.
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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% 0.08% 2.45% 6.76% 9.7% 11.17% 10.36% -%
Growth return 0% -2.37% -3.47% -3.58% 0.29% 1.13% -0.03% -%
Income return 0% 2.45% 5.92% 10.34% 9.41% 10.04% 10.39% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 8.59% -7% -11.26% -0.2% 4.33% 9.19% 6.18% 5.88%
As at 31 Oct 1994. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Australian Equities
3.69%
International Equities
0.13%
Cash
2.23%
Property & Infrastructure
92.65%
Fixed Interest
0%
Alternatives
1.29%

General Information

Fund Details
Type Description
Mirvac Property Equities Fund - Income
Closed
Mirvac Funds Securities Limited
BAR0107AU
Equity Australia Real Estate
Not Rated
Investment Fund
6 Apr 1988
$0.44 million (as at 30 Sep 1994)
n/a
$0.9755 (as at 28 Oct 1994)
Finalised
Offer information
Type Description
MER 6.67% (as at 30 Jun 1990)
Minimum initial investment $1,000.00
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FAQs about the Mirvac Property Equities Fund - Income

The objective of the Mirvac Property Equities Fund - Income managed fund is To develop a managed portfolio of property based securities providing high capital growth for growth unitholders.

The strategy of the Mirvac Property Equities Fund - Income managed fund is To invest primarily in listed property trusts and equities of high potential together with real property investment if considered attractive and some fixed interest or money market securities.

The APIR code of the Mirvac Property Equities Fund - Income managed fund is BAR0107AU.

Mirvac Property Equities Fund - Income’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 Oct 1994.

Mirvac Property Equities Fund - Income’s total return for the last three months was 0.08%. This was made up of a growth return of -2.37% and an income return of 2.45%%. These returns were calculated as at 31 Oct 1994.

Mirvac Property Equities Fund - Income’s one-year total return is 6.76%. This was made up of a growth return of -3.58% and an income return of 10.34%. These returns were calculated as at 31 Oct 1994.

Mirvac Property Equities Fund - Income’s one-year total return is 11.17%. This was made up of a growth return of 1.13% and an income return of 10.04%. These returns were calculated as at 31 Oct 1994.

The asset allocation of the Mirvac Property Equities Fund - Income managed fund is :

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

The Responsible Entity for the Mirvac Property Equities Fund - Income managed fund is Mirvac Funds Securities Limited.

The Mirvac Property Equities Fund - Income managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 30 Sep 1994, the size of the Mirvac Property Equities Fund - Income managed fund was $0.44 million.

The Mirvac Property Equities Fund - Income managed fund has an inception date of 6 Apr 1988.

The current entry price of the Mirvac Property Equities Fund - Income managed fund is $ per unit and the current exit price is $0.9755 per unit (as at 28 Oct 1994).

The current exit price of the Mirvac Property Equities Fund - Income managed fund is $0.9755 per unit and the current entry price is $ per unit (as at 28 Oct 1994).

The minimum initial investment amount for the Mirvac Property Equities Fund - Income managed fund is $1,000.

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.