InvestSMART

Russell Australian Property Portfolio - 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 Fund's benchmark over the long term.
Fund Strategy
The Fund invests in property trusts and property related securities listed on the Australian Stock Exchange. In addition the Fund may invest in non-Australian property and property related securities.

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 7.25% 13.68% 5.81% -19.32% -% -% -% -%
Growth return 7.25% 13.68% 5.81% -19.32% -% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 8.59% -7% -11.26% -0.2% 4.33% 9.19% 6.18% 5.88%
As at 31 Aug 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Australian Property Portfolio
Australian Equities
100%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.70%
International Equities
0.13%
Cash
2.26%
Property & Infrastructure
92.62%
Fixed Interest
0%
Alternatives
1.29%

General Information

Fund Details
Type Description
Russell Australian Property Portfolio (Wholesale)
Closed
Russell Investment Management Limited
TRM0005AU
Equity Australia Real Estate
Not Rated
Superannuation Fund
20 Dec 2006
$197.23 million (as at 29 Feb 2008)
$1.5254 (as at 31 Aug 2008)
$1.5162 (as at 31 Aug 2008)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.85% (as at 1 Jun 2009) (Estimated)
Minimum initial investment $50,000
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FAQs about the Russell Australian Property Portfolio

The objective of the Russell Australian Property Portfolio 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 Fund's benchmark over the long term.

The strategy of the Russell Australian Property Portfolio managed fund is The Fund invests in property trusts and property related securities listed on the Australian Stock Exchange. In addition the Fund may invest in non-Australian property and property related securities.

The APIR code of the Russell Australian Property Portfolio managed fund is TRM0005AU.

Russell Australian Property Portfolio’s total return last month was 7.25%. This was made up of a growth return of 7.25% and an income return of 0%. These returns were calculated as at 31 Aug 2008.

Russell Australian Property Portfolio’s total return for the last three months was 13.68%. This was made up of a growth return of 13.68% and an income return of 0%%. These returns were calculated as at 31 Aug 2008.

Russell Australian Property Portfolio’s one-year total return is -19.32%. This was made up of a growth return of -19.32% and an income return of 0%. These returns were calculated as at 31 Aug 2008.

Russell Australian Property Portfolio’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.

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

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

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

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

As at 29 Feb 2008, the size of the Russell Australian Property Portfolio managed fund was $197.23 million.

The Russell Australian Property Portfolio managed fund has an inception date of 20 Dec 2006.

The current entry price of the Russell Australian Property Portfolio managed fund is $1.5254 per unit and the current exit price is $1.5162 per unit (as at 31 Aug 2008).

The current exit price of the Russell Australian Property Portfolio managed fund is $1.5162 per unit and the current entry price is $1.5254 per unit (as at 31 Aug 2008).

The minimum initial investment amount for the Russell Australian Property Portfolio 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.