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  5. Plato Australian Shares Market Neutral - Managed fund profile

Plato Australian Shares Market Neutral - Managed Fund (Closed)

Fund Objective
The Fund will hold up to 200 security positions, with a target ex-ante tracking error of 4.0% to 7.0% using BARRA risk estimates.
Fund Strategy
Short share exposure will be gained by borrowing shares from the Prime Broker and then selling the borrowed shares in the market.

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 -0.26% 4.49% 5.02% 9.71% 7.7% 7.84% 2.35% -%
Growth return -0.26% 4.49% 5.02% 8.56% 6.74% 7.01% 0.73% -%
Income return 0% 0% 0% 1.15% 0.96% 0.83% 1.62% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 31 May 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Plato Australian Shares Market Neutral
Australian Equities
-0.44%
Cash
100.44%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.95%
Cash
44.84%
International Equities
6.69%
Property & Infrastructure
1.44%
Fixed Interest
20.69%
Alternatives
22.40%

General Information

Fund Details
Type Description
Plato Australian Shares Market Neutral (Wholesale)
Closed
WHTM Capital Management Limited
PAS0003AU
Hedge Funds - Australia
starstarstar (as at 31 May 2013)
Investment Fund
31 Jan 2007
$0.9 million (as at 31 May 2013)
$1.1742 (as at 25 Jun 2013)
$1.1626 (as at 25 Jun 2013)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.30% (as at 30 Jun 2010)
Minimum initial investment $50,000
Minimum additional investments $50,000

Top 10 holdings (as at 31 May 2013)

Holding (as at 31 May 2013) Type % of Portfolio
Singapore Telecommunications Limited DR Equity 193.65%
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FAQs about the Plato Australian Shares Market Neutral

The objective of the Plato Australian Shares Market Neutral managed fund is The Fund will hold up to 200 security positions, with a target ex-ante tracking error of 4.0% to 7.0% using BARRA risk estimates.

The strategy of the Plato Australian Shares Market Neutral managed fund is Short share exposure will be gained by borrowing shares from the Prime Broker and then selling the borrowed shares in the market.

The APIR code of the Plato Australian Shares Market Neutral managed fund is PAS0003AU.

Plato Australian Shares Market Neutral’s total return last month was -0.26%. This was made up of a growth return of -0.26% and an income return of 0%. These returns were calculated as at 31 May 2013.

Plato Australian Shares Market Neutral’s total return for the last three months was 4.49%. This was made up of a growth return of 4.49% and an income return of 0%%. These returns were calculated as at 31 May 2013.

Plato Australian Shares Market Neutral’s one-year total return is 9.71%. This was made up of a growth return of 8.56% and an income return of 1.15%. These returns were calculated as at 31 May 2013.

Plato Australian Shares Market Neutral’s one-year total return is 7.84%. This was made up of a growth return of 7.01% and an income return of 0.83%. These returns were calculated as at 31 May 2013.

The asset allocation of the Plato Australian Shares Market Neutral managed fund is :

Australian Equities
-0.44%
Cash
100.44%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Plato Australian Shares Market Neutral managed fund is WHTM Capital Management Limited.

The Plato Australian Shares Market Neutral managed fund belongs to the Hedge Funds - Australia sector/asset class.

As at 31 May 2013, the size of the Plato Australian Shares Market Neutral managed fund was $0.9 million.

The Plato Australian Shares Market Neutral managed fund has an inception date of 31 Jan 2007.

The current entry price of the Plato Australian Shares Market Neutral managed fund is $1.1742 per unit and the current exit price is $1.1626 per unit (as at 25 Jun 2013).

The current exit price of the Plato Australian Shares Market Neutral managed fund is $1.1626 per unit and the current entry price is $1.1742 per unit (as at 25 Jun 2013).

The minimum initial investment amount for the Plato Australian Shares Market Neutral managed fund is $50,000. Minimum additional investment is $50000.

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.