InvestSMART

Over 50's Approved Deposit Fund - Managed Fund (Closed)

Fund Objective
An approved deposit fund aiming to provide security and liquidityfor its members. Benchmark is the NSW TC 0-3 years Maturities Index.
Fund Strategy
Funds are invested primarily in bank and government backed fixed interest securities. Investment strategy is designed to protect capital. Macquarie Investment Management Limited has been appointed to manage the portfolio.

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 0.17% 0.53% 1% 2.48% 3.3% 3.61% 3.47% 4.95%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.1% 0.4% 3.04% 4.09% 5.59% 4.25% -0.23% 2.12%
As at 31 May 2003. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Over 50's Approved Deposit Fund
Cash
18.73%
Fixed Interest
81.27%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.44%
Fixed Interest
92.61%
Australian Equities
0.62%
International Equities
0.01%
Property & Infrastructure
0.13%
Alternatives
0.19%

General Information

Fund Details
Type Description
Over 50's Approved Deposit Fund
Closed
Over 50's Friendly Society Limited
OVS0601AU
Bonds - Australia
Not Rated
Superannuation Fund
30 Mar 1985
$2.65 million (as at 31 May 2003)
n/a
n/a
Finalised
Offer information
Type Description

FAQs about the Over 50's Approved Deposit Fund

The objective of the Over 50's Approved Deposit Fund managed fund is An approved deposit fund aiming to provide security and liquidityfor its members. Benchmark is the NSW TC 0-3 years Maturities Index.

The strategy of the Over 50's Approved Deposit Fund managed fund is Funds are invested primarily in bank and government backed fixed interest securities. Investment strategy is designed to protect capital. Macquarie Investment Management Limited has been appointed to manage the portfolio.

The APIR code of the Over 50's Approved Deposit Fund managed fund is OVS0601AU.

Over 50's Approved Deposit Fund’s total return last month was 0.17%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2003.

Over 50's Approved Deposit Fund’s total return for the last three months was 0.53%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 May 2003.

Over 50's Approved Deposit Fund’s one-year total return is 2.48%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2003.

Over 50's Approved Deposit Fund’s one-year total return is 3.61%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2003.

The asset allocation of the Over 50's Approved Deposit Fund managed fund is :

Cash
18.73%
Fixed Interest
81.27%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Over 50's Approved Deposit Fund managed fund is Over 50's Friendly Society Limited.

The Over 50's Approved Deposit Fund managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 May 2003, the size of the Over 50's Approved Deposit Fund managed fund was $2.65 million.

The Over 50's Approved Deposit Fund managed fund has an inception date of 30 Mar 1985.

The current entry price of the Over 50's Approved Deposit Fund managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the Over 50's Approved Deposit Fund managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the Over 50's Approved Deposit Fund managed fund is $.

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.