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SCM Wholesale Absolute International Equities - Managed Fund (Closed)

Fund Objective
The current investment objective is to provide long-term capital growth and income to its unitholders on a half-yearly basis from a diversified portfolio of shares and securities invested in international markets.
Fund Strategy
The current investment strategy of the Fund is to invest in a wide range of shares and other securities by using one or more underlying investment managers with complementary investment styles and strategies.

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 -5.54% -3.95% -4.99% -5.03% -5.65% -9.05% -5.94% -2.83%
Growth return -5.54% -3.95% -4.99% -5.03% -19.79% -18.51% -14.66% -8.11%
Income return 0% 0% 0% 0% 14.14% 9.46% 8.72% 5.28%
Market index (MSCI World Ex Australia NR AUD)
Total return -2.51% -6.22% -3.83% 8.14% 10.17% 16.04% 12.71% 13.19%
As at 31 Oct 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

SCM Wholesale Absolute International Equities
Australian Equities
25.87%
International Equities
13.44%
Cash
36.81%
Alternatives
23.88%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
6.65%
International Equities
91.07%
Cash
1.79%
Alternatives
0.29%
Property & Infrastructure
0.21%
Fixed Interest
-0.01%

General Information

Fund Details
Type Description
SCM Wholesale Absolute International Equities (Wholesale)
Closed
Strategic Capital Management Limited
SCM0004AU
Equity World Large Blend
star (as at 31 May 2011)
Investment Fund
2 Aug 2001
$29.79 million (as at 30 Sep 2008)
$0.4062 (as at 31 Oct 2011)
$0.4038 (as at 31 Oct 2011)
Suppressed
Offer information
Type Description
MER 2.81% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 1.50% (as at 4 May 2010)
Minimum initial investment $500,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Mar 2007)

Holding (as at 31 Mar 2007) Type % of Portfolio
LODH Selective Global Equity I D Inc Mutual Fund (OE) 18.02%
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FAQs about the SCM Wholesale Absolute International Equities

The objective of the SCM Wholesale Absolute International Equities managed fund is The current investment objective is to provide long-term capital growth and income to its unitholders on a half-yearly basis from a diversified portfolio of shares and securities invested in international markets.

The strategy of the SCM Wholesale Absolute International Equities managed fund is The current investment strategy of the Fund is to invest in a wide range of shares and other securities by using one or more underlying investment managers with complementary investment styles and strategies.

The APIR code of the SCM Wholesale Absolute International Equities managed fund is SCM0004AU.

SCM Wholesale Absolute International Equities’s total return last month was -5.54%. This was made up of a growth return of -5.54% and an income return of 0%. These returns were calculated as at 31 Oct 2011.

SCM Wholesale Absolute International Equities’s total return for the last three months was -3.95%. This was made up of a growth return of -3.95% and an income return of 0%%. These returns were calculated as at 31 Oct 2011.

SCM Wholesale Absolute International Equities’s one-year total return is -5.03%. This was made up of a growth return of -5.03% and an income return of 0%. These returns were calculated as at 31 Oct 2011.

SCM Wholesale Absolute International Equities’s one-year total return is -9.05%. This was made up of a growth return of -18.51% and an income return of 9.46%. These returns were calculated as at 31 Oct 2011.

The asset allocation of the SCM Wholesale Absolute International Equities managed fund is :

Australian Equities
25.87%
International Equities
13.44%
Cash
36.81%
Alternatives
23.88%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the SCM Wholesale Absolute International Equities managed fund is Strategic Capital Management Limited.

The SCM Wholesale Absolute International Equities managed fund belongs to the Equity World Large Blend sector/asset class.

As at 30 Sep 2008, the size of the SCM Wholesale Absolute International Equities managed fund was $29.79 million.

The SCM Wholesale Absolute International Equities managed fund has an inception date of 2 Aug 2001.

The current entry price of the SCM Wholesale Absolute International Equities managed fund is $0.4062 per unit and the current exit price is $0.4038 per unit (as at 31 Oct 2011).

The current exit price of the SCM Wholesale Absolute International Equities managed fund is $0.4038 per unit and the current entry price is $0.4062 per unit (as at 31 Oct 2011).

The minimum initial investment amount for the SCM Wholesale Absolute International Equities managed fund is $500,000. Minimum additional investment is $1000.

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.