InvestSMART

RREEF Global Equity Opportunities - Managed Fund (Closed)

Fund Objective
The Fund aims to deliver lower volatility and lower correlations to traditional markets and reduce risk through a multi manager approach.
Fund Strategy
The fund invests in a diversified portfolio of long/short equity related funds from around the world. The fund typically holds less than 5% cash.

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 -6.23% -7.74% -11.18% -23.09% -13.5% -14.14% -7.23% -%
Growth return 0% -8.04% -12.27% -27.78% -81.81% -69.94% -52.93% -%
Income return -6.23% 0.3% 1.09% 4.69% 68.31% 55.8% 45.7% -%
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 30 Apr 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

RREEF Global Equity Opportunities
Cash
7%
Alternatives
93%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
46.17%
Alternatives
20.33%
Australian Equities
3.91%
International Equities
7.25%
Property & Infrastructure
1.84%
Fixed Interest
20.50%

General Information

Fund Details
Type Description
RREEF Global Equity Opportunities
Closed
Deutsche Bank Australia
MGL0134AU
Alternative - Other
Not Rated
Investment Fund
1 Aug 2001
$1.6 million (as at 31 Dec 2009)
$0.0276 (as at 20 Jun 2011)
$0.0276 (as at 20 Jun 2011)
Finalised
Offer information
Type Description
MER 1.10% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 1.10% (as at 30 Jun 2009)
Performance fee (not included in ICR) 0.15
Minimum initial investment $25,000

FAQs about the RREEF Global Equity Opportunities

The objective of the RREEF Global Equity Opportunities managed fund is The Fund aims to deliver lower volatility and lower correlations to traditional markets and reduce risk through a multi manager approach.

The strategy of the RREEF Global Equity Opportunities managed fund is The fund invests in a diversified portfolio of long/short equity related funds from around the world. The fund typically holds less than 5% cash.

The APIR code of the RREEF Global Equity Opportunities managed fund is MGL0134AU.

RREEF Global Equity Opportunities’s total return last month was -6.23%. This was made up of a growth return of 0% and an income return of -6.23%. These returns were calculated as at 30 Apr 2011.

RREEF Global Equity Opportunities’s total return for the last three months was -7.74%. This was made up of a growth return of -8.04% and an income return of 0.3%%. These returns were calculated as at 30 Apr 2011.

RREEF Global Equity Opportunities’s one-year total return is -23.09%. This was made up of a growth return of -27.78% and an income return of 4.69%. These returns were calculated as at 30 Apr 2011.

RREEF Global Equity Opportunities’s one-year total return is -14.14%. This was made up of a growth return of -69.94% and an income return of 55.8%. These returns were calculated as at 30 Apr 2011.

The asset allocation of the RREEF Global Equity Opportunities managed fund is :

Cash
7%
Alternatives
93%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the RREEF Global Equity Opportunities managed fund is Deutsche Bank Australia.

The RREEF Global Equity Opportunities managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Dec 2009, the size of the RREEF Global Equity Opportunities managed fund was $1.6 million.

The RREEF Global Equity Opportunities managed fund has an inception date of 1 Aug 2001.

The current entry price of the RREEF Global Equity Opportunities managed fund is $0.0276 per unit and the current exit price is $0.0276 per unit (as at 20 Jun 2011).

The current exit price of the RREEF Global Equity Opportunities managed fund is $0.0276 per unit and the current entry price is $0.0276 per unit (as at 20 Jun 2011).

The minimum initial investment amount for the RREEF Global Equity Opportunities managed fund is $25,000.

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.