Morningstar International Shares Hedged Z - Managed Fund

Fund Performance Comparison

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Fees Comparison

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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 - - - - - - - -
Growth return - - - - - - - -
Income return - - - - - - - -
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.17 0.5 0.95 1.82 1.8 1.93 2.19 3.22
Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

International Equities
99.75%
Cash
0.25%

General Information

Fund Details
Type Description
Morningstar International Shares Hedged Z
Morningstar Investment Management Austra
INT0016AU
Miscellaneous
Not Rated
Investment Fund
7 Jul 2000
$470.47 million (as at 31 May 2018)
$0.4941 (as at 20 Jul 2018)
$0.49297 (as at 20 Jul 2018)
Fund Objective
Aims to deliver a similar or superior risk-return profile to the performance benchmark over rolling 7 year periods by investing predominantly in listed international shares, supplemented by a passive currency overlay.
Fund Strategy
The Fund invests in listed international shares across developed and emerging markets and aims to deliver a superior risk-return profile to that of the performance benchmark. It invests in Morningstar's Fundamental Markets global equity strategy that is non-market cap weighted, incurs low turnover, and targets companies that exhibit desirable fundamental quality, value, and liquidity characteristics. The Fund is supplemented by a passive currency overlay.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.05% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments

Top 10 holdings (as at 30 Jun 2018)

Holding (as at 30 Jun 2018) Type % of Portfolio
Morningstar International Shares Unhdg Mutual Fund - Open End 100%

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 cannot 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.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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76%*

Underperform the industry standard benchmarks

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
Intelligent Investor Equity Income 12.36%
InvestSMART International Equities 11.46%
Intelligent Investor Equity Growth 11.28%
InvestSMART Australian Small Companies Fund 10.65%
InvestSMART Core Growth 7.81%
InvestSMART Diversified Property and Infrastructure 5.31%
InvestSMART Diversified Income 4.50%
InvestSMART Hybrid Income 3.81%
InvestSMART Interest Income 2.13%

* Returns p.a. since inception after investment & admin fees

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