InvestSMART

RFM StockBank - Managed Fund (Closed)

Fund Objective
StockBank aims to provide investors with a reliable yield by leasing livestock to Operators across a portfolio of diversified properties
Fund Strategy
StockBank contracts with Operators (Operating Contract) who have access to properties that are suitable to fatten and/or breed livestock.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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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 -% 0.5% 1.5% 3.65% 4.23% 4.93% -% -%
Growth return -0.29% -65.96% -80.64% -93.1% -73.74% -59.06% -41.68% -%
Income return -% 66.46% 82.14% 96.75% 77.97% 63.99% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 31 Mar 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
20.33%
Australian Equities
3.92%
International Equities
7.25%
Cash
46.16%
Property & Infrastructure
1.84%
Fixed Interest
20.51%

General Information

Fund Details
Type Description
RFM StockBank
Closed
Rural Funds Management Limited
RFM0009AU
Miscellaneous
Not Rated
Investment Fund
1 Jun 2011
$0 million (as at 30 Jun 2017)
$0.0689 (as at 15 Jun 2017)
$0.0686 (as at 15 Jun 2017)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.19% (as at 30 Jun 2016)
Minimum initial investment $25,000
Minimum additional investments $5,000.00
Minimum redemption amount

FAQs about the RFM StockBank

The objective of the RFM StockBank managed fund is StockBank aims to provide investors with a reliable yield by leasing livestock to Operators across a portfolio of diversified properties

The strategy of the RFM StockBank managed fund is StockBank contracts with Operators (Operating Contract) who have access to properties that are suitable to fatten and/or breed livestock.

The APIR code of the RFM StockBank managed fund is RFM0009AU.

RFM StockBank’s total return last month was -%. This was made up of a growth return of -0.29% and an income return of -%. These returns were calculated as at 31 Mar 2017.

RFM StockBank’s total return for the last three months was 0.5%. This was made up of a growth return of -65.96% and an income return of 66.46%%. These returns were calculated as at 31 Mar 2017.

RFM StockBank’s one-year total return is 3.65%. This was made up of a growth return of -93.1% and an income return of 96.75%. These returns were calculated as at 31 Mar 2017.

RFM StockBank’s one-year total return is 4.93%. This was made up of a growth return of -59.06% and an income return of 63.99%. These returns were calculated as at 31 Mar 2017.

The asset allocation of the RFM StockBank managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the RFM StockBank managed fund is Rural Funds Management Limited.

The RFM StockBank managed fund belongs to the Miscellaneous sector/asset class.

As at 30 Jun 2017, the size of the RFM StockBank managed fund was $0 million.

The RFM StockBank managed fund has an inception date of 1 Jun 2011.

The current entry price of the RFM StockBank managed fund is $0.0689 per unit and the current exit price is $0.0686 per unit (as at 15 Jun 2017).

The current exit price of the RFM StockBank managed fund is $0.0686 per unit and the current entry price is $0.0689 per unit (as at 15 Jun 2017).

The minimum initial investment amount for the RFM StockBank managed fund is $25,000. Minimum additional investment is $5000.

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.