Russell Australian Property Portfolio P - Managed Fund (Closed)

Fund Objective

To provide exposure to a diversified portfolio of Australian listed property securities. To provide a total return, before costs and tax, higher than the benchmark over the long term.

Fund Strategy

This portfolio is exposed to property trusts and property related securities listed on the Australian Stock Exchange. The portfolio may also be exposed to non-Australian property and property related securities.

Fund Performance Comparison

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Peers

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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.

Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	2.5%	-4.32%	-10.73%	-38.1%	-%	-%	-%	-%
Growth return	2.5%	-4.32%	-10.73%	-38.1%	-%	-%	-%	-%
Income return	0%	0%	0%	0%	-%	-%	-%	-%
Market index (S&P/ASX 200 A-REIT TR)
Total return	-2.66%	-4.58%	-2.84%	1.61%	11.53%	11.08%	9.16%	7.51%

As at 31 Aug 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Australian Equities: 3.79%

International Equities: 0.49%

Cash: 1.59%

Property & Infrastructure: 92.81%

Fixed Interest: 0%

Alternatives: 1.32%

General Information

Fund Details

Type	Description
Fund Name	Russell Australian Property Portfolio P (Wholesale)
Fund Status	Closed
Responsible Entity	Russell Investment Management Limited
APIR Code	TRM0021AU
Sector/Asset Class	Equity Australia Real Estate
Morningstar Rating	Not Rated
Legal Structure	Allocated Pension
Fund Inception	1 Jul 2007
Fund Size	n/a
Entry Price	$0.6263 (as at 31 Aug 2008)
Exit Price	$0.6225 (as at 31 Aug 2008)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	0% (as at 30 Jun 2009)
Minimum initial investment	$50,000

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FAQs about the Russell Australian Property Portfolio P

What is the objective of the Russell Australian Property Portfolio P managed fund?

The objective of the Russell Australian Property Portfolio P managed fund is To provide exposure to a diversified portfolio of Australian listed property securities. To provide a total return, before costs and tax, higher than the benchmark over the long term.

What is the strategy for the Russell Australian Property Portfolio P managed fund?

The strategy of the Russell Australian Property Portfolio P managed fund is This portfolio is exposed to property trusts and property related securities listed on the Australian Stock Exchange. The portfolio may also be exposed to non-Australian property and property related securities.

What is the APIR code of the Russell Australian Property Portfolio P managed fund?

The APIR code of the Russell Australian Property Portfolio P managed fund is TRM0021AU.

What was Russell Australian Property Portfolio P’s total return last month?

Russell Australian Property Portfolio P’s total return last month was 2.5%. This was made up of a growth return of 2.5% and an income return of 0%. These returns were calculated as at 31 Aug 2008.

What was Russell Australian Property Portfolio P’s total return for the last three months?

Russell Australian Property Portfolio P’s total return for the last three months was -4.32%. This was made up of a growth return of -4.32% and an income return of 0%%. These returns were calculated as at 31 Aug 2008.

What is Russell Australian Property Portfolio P’s one-year total return?

Russell Australian Property Portfolio P’s one-year total return is -38.1%. This was made up of a growth return of -38.1% and an income return of 0%. These returns were calculated as at 31 Aug 2008.

What is Russell Australian Property Portfolio P’s three-year total return?

Russell Australian Property Portfolio P’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2008.

What is the asset allocation of the Russell Australian Property Portfolio P managed fund?

The asset allocation of the Russell Australian Property Portfolio P managed fund is :

Australian Equities: 100%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Russell Australian Property Portfolio P managed fund?

The Responsible Entity for the Russell Australian Property Portfolio P managed fund is Russell Investment Management Limited.

What sector/asset class does the Russell Australian Property Portfolio P managed fund belong to?

The Russell Australian Property Portfolio P managed fund belongs to the Equity Australia Real Estate sector/asset class.

What is the size of the Russell Australian Property Portfolio P managed fund?

As at , the size of the Russell Australian Property Portfolio P managed fund was $ million.

What is the inception date of the Russell Australian Property Portfolio P managed fund?

The Russell Australian Property Portfolio P managed fund has an inception date of 1 Jul 2007.

What is the current entry price of the Russell Australian Property Portfolio P managed fund?

The current entry price of the Russell Australian Property Portfolio P managed fund is $0.6263 per unit and the current exit price is $0.6225 per unit (as at 31 Aug 2008).

What is the current exit price of the Russell Australian Property Portfolio P managed fund?

The current exit price of the Russell Australian Property Portfolio P managed fund is $0.6225 per unit and the current entry price is $0.6263 per unit (as at 31 Aug 2008).

What is the minimum investment amount for the Russell Australian Property Portfolio P managed fund?

The minimum initial investment amount for the Russell Australian Property Portfolio P managed fund is $50,000.

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.

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