InvestSMART

National Investment Trust - Monthly Income NEF - Managed Fund (Closed)

Fund Objective
To provide regular income and some capital growth over the medium- to long-term. Suggested investment timeframe is 3-5 years.
Fund Strategy
The fund seeks to invest in a mix of growth and defensive assets, with a defensive bias. Investments may be made both directly and indirectly through one or more unlisted trusts managed by the Manager or its associates. Asset allocation ranges: unlisted property trusts 0-20%, mortgages 0-5%, indexed bonds 0-15%, Australian fixed interest 5-50%, convertible notes/preference shares 0-20%, Australian equities 10-40%, Australian cash 0-30%.

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 -3.4% -2.81% -1.31% 4.36% 4.38% 3.24% 2.63% 4.57%
Growth return -3.4% -2.96% -1.97% 1.27% 1.9% 0.97% -0.32% 1.51%
Income return 0% 0.15% 0.66% 3.09% 2.48% 2.27% 2.95% 3.06%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return -3.58% -1.82% -1.2% 6.96% 5.99% 7.56% 4.92% 6.13%
As at 29 Feb 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

National Investment Trust - Monthly Income NEF
Australian Equities
35.31%
Cash
0.23%
Property & Infrastructure
15.07%
Fixed Interest
49.39%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
17.53%
Cash
7.21%
Property & Infrastructure
3.77%
Fixed Interest
35.74%
International Equities
27.46%
Alternatives
8.29%

General Information

Fund Details
Type Description
National Investment Trust - Monthly Income NEF
Closed
National Australia Fund Management Ltd
NAB0091AU
Multisector Balanced
star (as at 29 Feb 2020)
Investment Fund
3 Nov 1997
$8.06 million (as at 29 Feb 2020)
$0.90133 (as at 18 Mar 2020)
$0.90133 (as at 18 Mar 2020)
Finalised
Offer information
Type Description
MER 1.99% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR) 1.99% (as at 30 Jun 2019)
Performance fee (not included in ICR) 0
Minimum initial investment
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FAQs about the National Investment Trust - Monthly Income NEF

The objective of the National Investment Trust - Monthly Income NEF managed fund is To provide regular income and some capital growth over the medium- to long-term. Suggested investment timeframe is 3-5 years.

The strategy of the National Investment Trust - Monthly Income NEF managed fund is The fund seeks to invest in a mix of growth and defensive assets, with a defensive bias. Investments may be made both directly and indirectly through one or more unlisted trusts managed by the Manager or its associates. Asset allocation ranges: unlisted property trusts 0-20%, mortgages 0-5%, indexed bonds 0-15%, Australian fixed interest 5-50%, convertible notes/preference shares 0-20%, Australian equities 10-40%, Australian cash 0-30%.

The APIR code of the National Investment Trust - Monthly Income NEF managed fund is NAB0091AU.

National Investment Trust - Monthly Income NEF’s total return last month was -3.4%. This was made up of a growth return of -3.4% and an income return of 0%. These returns were calculated as at 29 Feb 2020.

National Investment Trust - Monthly Income NEF’s total return for the last three months was -2.81%. This was made up of a growth return of -2.96% and an income return of 0.15%%. These returns were calculated as at 29 Feb 2020.

National Investment Trust - Monthly Income NEF’s one-year total return is 4.36%. This was made up of a growth return of 1.27% and an income return of 3.09%. These returns were calculated as at 29 Feb 2020.

National Investment Trust - Monthly Income NEF’s one-year total return is 3.24%. This was made up of a growth return of 0.97% and an income return of 2.27%. These returns were calculated as at 29 Feb 2020.

The asset allocation of the National Investment Trust - Monthly Income NEF managed fund is :

Australian Equities
35.31%
Cash
0.23%
Property & Infrastructure
15.07%
Fixed Interest
49.39%
International Equities
0%
Alternatives
0%

The Responsible Entity for the National Investment Trust - Monthly Income NEF managed fund is National Australia Fund Management Ltd.

The National Investment Trust - Monthly Income NEF managed fund belongs to the Multisector Balanced sector/asset class.

As at 29 Feb 2020, the size of the National Investment Trust - Monthly Income NEF managed fund was $8.06 million.

The National Investment Trust - Monthly Income NEF managed fund has an inception date of 3 Nov 1997.

The current entry price of the National Investment Trust - Monthly Income NEF managed fund is $0.90133 per unit and the current exit price is $0.90133 per unit (as at 18 Mar 2020).

The current exit price of the National Investment Trust - Monthly Income NEF managed fund is $0.90133 per unit and the current entry price is $0.90133 per unit (as at 18 Mar 2020).

The minimum initial investment amount for the National Investment Trust - Monthly Income NEF managed fund is $0.

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.