InvestSMART

MoneySpot Investment - Managed Fund (Closed)

Fund Objective
The objective of the Fund is to provide regular distributions to Investors at a target return rate of 12.8% per annum (pre-tax, net of fund management fees and ordinary expenses). Please note, this is a target and not a forecast. No returns are guaranteed. The RE may, in its discretion and time from time, offer varying target net return rates for Unit Classes.
Fund Strategy
The Fund will lend money to, or invest in unsecured notes issued by, Credit Providers that participate in the small and medium personal and business loan segment of the credit market. The Fund will typically purchase unsecured notes issued by the Credit Provider and seek security over the unsecured notes or loan contracts by general security deed over the entire assets of the Credit Provider.

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.
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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 1.1% 3.26% 6.64% 13.61% 13.61% 13.52% 13.32% -%
Growth return 0% 0% 0% 0% 0% 0% 0% -%
Income return 1.1% 3.26% 6.64% 13.61% 13.61% 13.52% 13.32% -%
As at 31 Dec 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

General Information

Fund Details
Type Description
MoneySpot Investment
Closed
Not Rated
Unknown
3 Feb 2017
n/a
$1 (as at 31 Dec 2022)
$1 (as at 31 Dec 2022)
Suppressed
Offer information
Type Description
Minimum initial investment $1,000.00
Minimum additional investments $1,000.00

Top 10 holdings (as at 31 Dec 2022)

Holding (as at 31 Dec 2022) Type % of Portfolio
Fixed Income Credit Fund Bond - Corporate Bond 100%

FAQs about the MoneySpot Investment

The objective of the MoneySpot Investment managed fund is The objective of the Fund is to provide regular distributions to Investors at a target return rate of 12.8% per annum (pre-tax, net of fund management fees and ordinary expenses). Please note, this is a target and not a forecast. No returns are guaranteed. The RE may, in its discretion and time from time, offer varying target net return rates for Unit Classes.

The strategy of the MoneySpot Investment managed fund is The Fund will lend money to, or invest in unsecured notes issued by, Credit Providers that participate in the small and medium personal and business loan segment of the credit market. The Fund will typically purchase unsecured notes issued by the Credit Provider and seek security over the unsecured notes or loan contracts by general security deed over the entire assets of the Credit Provider.

The APIR code of the MoneySpot Investment managed fund is .

MoneySpot Investment’s total return last month was 1.1%. This was made up of a growth return of 0% and an income return of 1.1%. These returns were calculated as at 31 Dec 2022.

MoneySpot Investment’s total return for the last three months was 3.26%. This was made up of a growth return of 0% and an income return of 3.26%%. These returns were calculated as at 31 Dec 2022.

MoneySpot Investment’s one-year total return is 13.61%. This was made up of a growth return of 0% and an income return of 13.61%. These returns were calculated as at 31 Dec 2022.

MoneySpot Investment’s one-year total return is 13.52%. This was made up of a growth return of 0% and an income return of 13.52%. These returns were calculated as at 31 Dec 2022.

The asset allocation of the MoneySpot Investment managed fund is :

Alternatives
100%

As at , the size of the MoneySpot Investment managed fund was $ million.

The MoneySpot Investment managed fund has an inception date of 3 Feb 2017.

The current entry price of the MoneySpot Investment managed fund is $1 per unit and the current exit price is $1 per unit (as at 31 Dec 2022).

The current exit price of the MoneySpot Investment managed fund is $1 per unit and the current entry price is $1 per unit (as at 31 Dec 2022).

The minimum initial investment amount for the MoneySpot Investment managed fund is $1,000. Minimum additional investment is $1000.

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.