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  5. Ord Minnett - Australian Share Fund - Managed fund profile

Ord Minnett - Australian Share Fund - Managed Fund (Closed)

Fund Objective
To provide long-term capital growth and some franked income. To achieve total returns in excess of the ASX All Ordinaries Accumulation Index, over any five year period.
Fund Strategy
Invests in a broadly diversified portfolio of securities which are listed on the Australian Stock Exchange. Investment mix: Australian shares 80-100%, cash or cash equivalent 0-20%.

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 -1.14% 6.62% -3.57% -7.32% -0.23% 6.94% 6.77% -%
Growth return -1.14% 6.62% -3.57% -19.55% -8.86% -2.68% -0.32% -%
Income return 0% 0% 0% 12.23% 8.63% 9.62% 7.09% -%
Market index (S&P/ASX 200 TR AUD)
Total return 4.2% 4.31% 1.64% 13.36% 13.14% 9.62% 12.11% 8.12%
As at 31 May 2003. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ord Minnett - Australian Share Fund
Cash
2.62%
Alternatives
97.38%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
-0.80%
Alternatives
0.61%
Australian Equities
93.93%
International Equities
4.16%
Property
1.79%
Fixed Interest
0.30%

General Information

Fund Details
Type Description
Ord Minnett - Australian Share Fund
Closed
Ord Minnett Management Limited
ORD0003AU
Equity Australia Other
Not Rated
Investment Fund
11 Dec 1997
$4.29 million (as at 31 May 2003)
$1.0508 (as at 30 May 2003)
$1.0508 (as at 30 May 2003)
Finalised
Offer information
Type Description
MER 2% (as at 30 Jun 2001)
Minimum initial investment $2,000.00

FAQs about the Ord Minnett - Australian Share Fund

The objective of the Ord Minnett - Australian Share Fund managed fund is To provide long-term capital growth and some franked income. To achieve total returns in excess of the ASX All Ordinaries Accumulation Index, over any five year period.

The strategy of the Ord Minnett - Australian Share Fund managed fund is Invests in a broadly diversified portfolio of securities which are listed on the Australian Stock Exchange. Investment mix: Australian shares 80-100%, cash or cash equivalent 0-20%.

The APIR code of the Ord Minnett - Australian Share Fund managed fund is ORD0003AU.

Ord Minnett - Australian Share Fund’s total return last month was -1.14%. This was made up of a growth return of -1.14% and an income return of 0%. These returns were calculated as at 31 May 2003.

Ord Minnett - Australian Share Fund’s total return for the last three months was 6.62%. This was made up of a growth return of 6.62% and an income return of 0%%. These returns were calculated as at 31 May 2003.

Ord Minnett - Australian Share Fund’s one-year total return is -7.32%. This was made up of a growth return of -19.55% and an income return of 12.23%. These returns were calculated as at 31 May 2003.

Ord Minnett - Australian Share Fund’s one-year total return is 6.94%. This was made up of a growth return of -2.68% and an income return of 9.62%. These returns were calculated as at 31 May 2003.

The asset allocation of the Ord Minnett - Australian Share Fund managed fund is :

Cash
2.62%
Alternatives
97.38%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the Ord Minnett - Australian Share Fund managed fund is Ord Minnett Management Limited.

The Ord Minnett - Australian Share Fund managed fund belongs to the Equity Australia Other sector/asset class.

As at 31 May 2003, the size of the Ord Minnett - Australian Share Fund managed fund was $4.29 million.

The Ord Minnett - Australian Share Fund managed fund has an inception date of 11 Dec 1997.

The current entry price of the Ord Minnett - Australian Share Fund managed fund is $1.0508 per unit and the current exit price is $1.0508 per unit (as at 30 May 2003).

The current exit price of the Ord Minnett - Australian Share Fund managed fund is $1.0508 per unit and the current entry price is $1.0508 per unit (as at 30 May 2003).

The minimum initial investment amount for the Ord Minnett - Australian Share Fund managed fund is $2,000.

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.