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  5. Questus Land Development Fund - Managed fund profile

Questus Land Development Fund - Managed Fund

Fund Objective
To provide Investors with returns and capital growth potential from investments in a portfolio of property development projects predominantly located in Western Australia.
Fund Strategy
The Fund will only invest in property development projects that meet the Fund's investment selection criteria which includes the requirement that the minimum projected internal rate of return (IRR) for any project must be at least 22 percent per annum (before tax), unless the project is significantly protected from risk. Please note, this is not a forecast return on an investment in the Fund. The Fund will seek to invest principally in residential property development projects and master planned residential communities. This will involve the purchase of land for rezoning to residential or

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% 0% 2.8% 15.57% 43.14% 71.04% -% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
As at 30 Sep 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Questus Land Development Fund
Cash
5%
Property & Infrastructure
95%

General Information

Fund Details
Type Description
Questus Land Development Fund
QFM0001AU
Not Rated
Investment Fund
n/a
$56 million (as at 30 Sep 2008)
$1.4499 (as at 30 Sep 2008)
$1.4499 (as at 30 Sep 2008)
Open
Offer information
Type Description
Standard entry fee 5%
MER 1.50%
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00
Savings plan comments The Fund is open to all Investors who reside in Australia (including superannuation funds). Investors should be prepared to invest for a period of no less than three years. The Fund is open ended and has no fixed termination date. Investors should obtain their own independent professional advice about the investment period most suitable for their own investment objectives, financial situation or particular needs.
Redemption comments Investors will be able to apply to withdraw part or all of their investment when a withdrawal offer is made by the Manager. The Manager intends to make such withdrawal offers following the completion of each development project. However, the Manager may determine not to make any withdrawal offers if it considers it to be in the best interests of all Investors. Withdrawals will be processed at a five percent discount to the Net Asset Value per Unit (after deducting transaction costs {if any}) while the Fund is illiquid.

FAQs about the Questus Land Development Fund

The objective of the Questus Land Development Fund managed fund is To%20provide%20Investors%20with%20returns%20and%20capital%20growth%20potential%20from%20investments%20in%20a%20portfolio%20of%20property%20development%20projects%20predominantly%20located%20in%20Western%20Australia.

The strategy of the Questus Land Development Fund managed fund is The%20Fund%20will%20only%20invest%20in%20property%20development%20projects%20that%20meet%20the%20Fund%27s%20investment%20selection%20criteria%20which%20includes%20the%20requirement%20that%20the%20minimum%20projected%20internal%20rate%20of%20return%20%28IRR%29%20for%20any%20project%20must%20be%20at%20least%2022%20percent%20per%20annum%20%28before%20tax%29%2C%20unless%20the%20project%20is%20significantly%20protected%20from%20risk.%20%20Please%20note%2C%20this%20is%20not%20a%20forecast%20return%20on%20an%20investment%20in%20the%20Fund.%0D%0A%0D%0AThe%20Fund%20will%20seek%20to%20invest%20principally%20in%20residential%20property%20development%20projects%20and%20master%20planned%20residential%20communities.%20This%20will%20involve%20the%20purchase%20of%20land%20for%20rezoning%20to%20residential%20or

The APIR code of the Questus Land Development Fund managed fund is QFM0001AU.

Questus Land Development Fund’s total return last month was 0%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2008.

Questus Land Development Fund’s total return for the last three months was 0%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 30 Sep 2008.

Questus Land Development Fund’s one-year total return is 15.57%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2008.

Questus Land Development Fund’s one-year total return is 71.04%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2008.

The asset allocation of the Questus Land Development Fund managed fund is :

Cash
5%
Property & Infrastructure
95%

As at 30 Sep 2008, the size of the Questus Land Development Fund managed fund was $56 million.

The Questus Land Development Fund managed fund has an inception date of .

The current entry price of the Questus Land Development Fund managed fund is $1.4499 per unit and the current exit price is $1.4499 per unit (as at 30 Sep 2008).

The current exit price of the Questus Land Development Fund managed fund is $1.4499 per unit and the current entry price is $1.4499 per unit (as at 30 Sep 2008).

The minimum initial investment amount for the Questus Land Development Fund managed fund is $5,000. Minimum additional investment is $1000.