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  5. PIC Wholesale Australian Shares Growth Style - Managed fund profile

PIC Wholesale Australian Shares Growth Style - Managed Fund (Closed)

Fund Objective
The fund aims to deliver growth by using investment managers that invest and diversify across many companies and securities within the Australian shares asset class.
Fund Strategy
The Fund invests primarily in companies listed (or expected to be listed) on the Australian Securities Exchange. It may have a small exposure to companies listed outside of Australia from time to time.

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 -0.11% 1.65% -6.55% 3.81% 3.32% 10.09% 6.29% -%
Growth return -0.11% 1.38% -9.74% -1.23% -0.84% 6.16% 2.6% -%
Income return 0% 0.27% 3.19% 5.04% 4.16% 3.93% 3.69% -%
Market index (S&P/ASX 200 TR AUD)
Total return -2.94% 1.04% 15.17% 9.07% 5.9% 7.3% 8% 7.76%
As at 30 Nov 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

PIC Wholesale Australian Shares Growth Style
Australian Equities
90.35%
International Equities
2.98%
Cash
2.21%
Property
3.52%
Alternatives
0.95%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
91.56%
International Equities
4.27%
Cash
0.56%
Property
3.20%
Alternatives
0.06%
Fixed Interest
0.34%

General Information

Fund Details
Type Description
PIC Wholesale Australian Shares Growth Style (Wholesale)
Closed
MLC Investments Limited
MLC0769AU
Equity Australia Large Growth
starstarstarstar (as at 29 Feb 2016)
Investment Fund
14 Mar 2007
n/a
$1.07022 (as at 1 Mar 2016)
$1.07022 (as at 1 Mar 2016)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2016)
Minimum initial investment $500,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Nov 2015)

Holding (as at 30 Nov 2015) Type % of Portfolio
Commonwealth Bank of Australia Equity 9.02%
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FAQs about the PIC Wholesale Australian Shares Growth Style

The objective of the PIC Wholesale Australian Shares Growth Style managed fund is The fund aims to deliver growth by using investment managers that invest and diversify across many companies and securities within the Australian shares asset class.

The strategy of the PIC Wholesale Australian Shares Growth Style managed fund is The Fund invests primarily in companies listed (or expected to be listed) on the Australian Securities Exchange. It may have a small exposure to companies listed outside of Australia from time to time.

The APIR code of the PIC Wholesale Australian Shares Growth Style managed fund is MLC0769AU.

PIC Wholesale Australian Shares Growth Style’s total return last month was -0.11%. This was made up of a growth return of -0.11% and an income return of 0%. These returns were calculated as at 30 Nov 2015.

PIC Wholesale Australian Shares Growth Style’s total return for the last three months was 1.65%. This was made up of a growth return of 1.38% and an income return of 0.27%%. These returns were calculated as at 30 Nov 2015.

PIC Wholesale Australian Shares Growth Style’s one-year total return is 3.81%. This was made up of a growth return of -1.23% and an income return of 5.04%. These returns were calculated as at 30 Nov 2015.

PIC Wholesale Australian Shares Growth Style’s one-year total return is 10.09%. This was made up of a growth return of 6.16% and an income return of 3.93%. These returns were calculated as at 30 Nov 2015.

The asset allocation of the PIC Wholesale Australian Shares Growth Style managed fund is :

Australian Equities
90.35%
International Equities
2.98%
Cash
2.21%
Property
3.52%
Alternatives
0.95%
Fixed Interest
0%

The Responsible Entity for the PIC Wholesale Australian Shares Growth Style managed fund is MLC Investments Limited.

The PIC Wholesale Australian Shares Growth Style managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at , the size of the PIC Wholesale Australian Shares Growth Style managed fund was $ million.

The PIC Wholesale Australian Shares Growth Style managed fund has an inception date of 14 Mar 2007.

The current entry price of the PIC Wholesale Australian Shares Growth Style managed fund is $1.07022 per unit and the current exit price is $1.07022 per unit (as at 1 Mar 2016).

The current exit price of the PIC Wholesale Australian Shares Growth Style managed fund is $1.07022 per unit and the current entry price is $1.07022 per unit (as at 1 Mar 2016).

The minimum initial investment amount for the PIC Wholesale Australian Shares Growth Style managed fund is $500,000. Minimum additional investment 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.