InvestSMART

Russell Property Securities Fund Class A - 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 5.87% -11.17% -29.28% -56.16% -43.94% -25.61% -10.11% -0.32%
Growth return 5.87% -11.17% -33.51% -60.9% -51.16% -34.86% -22.33% -11.19%
Income return 0% 0% 4.23% 4.74% 7.22% 9.25% 12.22% 10.87%
Market index (S&P/ASX 200 A-REIT TR)
Total return 4.47% 9.86% 16.7% 14.49% 20.15% 15.35% 12.27% 9%
As at 30 Apr 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Property Securities Fund Class A
Australian Equities
100%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
4.32%
International Equities
0.24%
Cash
2.37%
Property & Infrastructure
93.06%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
Russell Property Securities Fund Class A
Closed
Russell Investment Management Limited
RIM0010AU
Equity Australia Real Estate
starstar (as at 31 Mar 2009)
Investment Fund
31 Dec 1997
$18.47 million (as at 31 Mar 2009)
$0.3592 (as at 3 Jun 2009)
$0.357 (as at 3 Jun 2009)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.87% (as at 30 Jun 2008)
Performance fee (not included in ICR) Not Available
Minimum initial investment $25,000

FAQs about the Russell Property Securities Fund Class A

The objective of the Russell Property Securities Fund Class A 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 Property Securities Fund Class A 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 Property Securities Fund Class A managed fund is RIM0010AU.

Russell Property Securities Fund Class A’s total return last month was 5.87%. This was made up of a growth return of 5.87% and an income return of 0%. These returns were calculated as at 30 Apr 2009.

Russell Property Securities Fund Class A’s total return for the last three months was -11.17%. This was made up of a growth return of -11.17% and an income return of 0%%. These returns were calculated as at 30 Apr 2009.

Russell Property Securities Fund Class A’s one-year total return is -56.16%. This was made up of a growth return of -60.9% and an income return of 4.74%. These returns were calculated as at 30 Apr 2009.

Russell Property Securities Fund Class A’s one-year total return is -25.61%. This was made up of a growth return of -34.86% and an income return of 9.25%. These returns were calculated as at 30 Apr 2009.

The asset allocation of the Russell Property Securities Fund Class A 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 Property Securities Fund Class A managed fund is Russell Investment Management Limited.

The Russell Property Securities Fund Class A managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 31 Mar 2009, the size of the Russell Property Securities Fund Class A managed fund was $18.47 million.

The Russell Property Securities Fund Class A managed fund has an inception date of 31 Dec 1997.

The current entry price of the Russell Property Securities Fund Class A managed fund is $0.3592 per unit and the current exit price is $0.357 per unit (as at 3 Jun 2009).

The current exit price of the Russell Property Securities Fund Class A managed fund is $0.357 per unit and the current entry price is $0.3592 per unit (as at 3 Jun 2009).

The minimum initial investment amount for the Russell Property Securities Fund Class A 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.