InvestSMART

Nat Mutual - Bankguard ADF - Managed Fund (Closed)

Fund Objective
A cash based approved deposit fund aiming to provide low risk and attractive rate of returns. This fund is rated AAAm by Standard & Poor's Ratings Group.
Fund Strategy
Invests in blue chip securities of, or backed by, a bank with a credit rating of A-1 or higher and blue chip securities of, or backed by, the Commonwealth of Australia with a credit rating of AAA or A-1 . Securities include bills of exchange, bonds, promissory notes or other instruments and deposits. The fund will also invest in futures contracts or forward contracts and options.

Fund Performance Comparison

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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 0.05% 0.81% 1.95% 4.51% 4.13% 3.84% 4.48% 8.02%
Growth return 0.05% 0.81% 1.95% 4.51% 4.13% 3.84% 4.48% 8.02%
Income return 0% 0% 0% 0% 0% 0% 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 31 Mar 1996. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Cash
55.72%
Australian Equities
4.87%
International Equities
2.99%
Property & Infrastructure
1.97%
Fixed Interest
15.71%
Alternatives
18.74%

General Information

Fund Details
Type Description
Nat Mutual - Bankguard ADF
Closed
AXA-National Mutual Assets Mgmt Limited
NML0016AU
Australian Cash
Not Rated
Superannuation Fund
1 May 1985
$6.87 million (as at 31 Mar 1996)
$1.2484 (as at 17 May 1996)
$1.2484 (as at 17 May 1996)
Finalised
Offer information
Type Description
Minimum initial investment $500.00
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FAQs about the Nat Mutual - Bankguard ADF

The objective of the Nat Mutual - Bankguard ADF managed fund is A cash based approved deposit fund aiming to provide low risk and attractive rate of returns. This fund is rated AAAm by Standard & Poor's Ratings Group.

The strategy of the Nat Mutual - Bankguard ADF managed fund is Invests in blue chip securities of, or backed by, a bank with a credit rating of A-1 or higher and blue chip securities of, or backed by, the Commonwealth of Australia with a credit rating of AAA or A-1+. Securities include bills of exchange, bonds, promissory notes or other instruments and deposits. The fund will also invest in futures contracts or forward contracts and options.

The APIR code of the Nat Mutual - Bankguard ADF managed fund is NML0016AU.

Nat Mutual - Bankguard ADF’s total return last month was 0.05%. This was made up of a growth return of 0.05% and an income return of 0%. These returns were calculated as at 31 Mar 1996.

Nat Mutual - Bankguard ADF’s total return for the last three months was 0.81%. This was made up of a growth return of 0.81% and an income return of 0%%. These returns were calculated as at 31 Mar 1996.

Nat Mutual - Bankguard ADF’s one-year total return is 4.51%. This was made up of a growth return of 4.51% and an income return of 0%. These returns were calculated as at 31 Mar 1996.

Nat Mutual - Bankguard ADF’s one-year total return is 3.84%. This was made up of a growth return of 3.84% and an income return of 0%. These returns were calculated as at 31 Mar 1996.

The asset allocation of the Nat Mutual - Bankguard ADF managed fund is :

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

The Responsible Entity for the Nat Mutual - Bankguard ADF managed fund is AXA-National Mutual Assets Mgmt Limited.

The Nat Mutual - Bankguard ADF managed fund belongs to the Australian Cash sector/asset class.

As at 31 Mar 1996, the size of the Nat Mutual - Bankguard ADF managed fund was $6.87 million.

The Nat Mutual - Bankguard ADF managed fund has an inception date of 1 May 1985.

The current entry price of the Nat Mutual - Bankguard ADF managed fund is $1.2484 per unit and the current exit price is $1.2484 per unit (as at 17 May 1996).

The current exit price of the Nat Mutual - Bankguard ADF managed fund is $1.2484 per unit and the current entry price is $1.2484 per unit (as at 17 May 1996).

The minimum initial investment amount for the Nat Mutual - Bankguard ADF managed fund is $500.

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.