InvestSMART

Select Alternatives Portfolio - Managed Fund (Closed)

Fund Objective
The Alternative Portfolio aims to achieve performance greater than the cash rate plus 4% per annum (after fees and expenses), and volatility of 8% per annum (as measured by the annualised standard deviation).
Fund Strategy
This Portfolio is diversifi ed investing in a broad range of at least 30 Australian and international alternative investments, many of which are themselves further diversifi ed. This Portfolio offers exposure to local and international alternative strategies (such as hedge funds and managed futures), alternative assets (such as commodities, private equity, infrastructure and gold and other precious metals), and some cash. Alternative strategies:30-75% Alternative assets: 25-70% Cash: 0-25%

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 -0.35% -2.71% -2.15% -13.71% -5.07% -2.7% -0.8% 2.22%
Growth return -0.35% -2.71% -2.15% -13.71% -5.07% -2.7% -2.39% -1.57%
Income return 0% 0% 0% 0% 0% 0% 1.59% 3.79%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.92% 1.82% 3.76% 4.06% 4.09% 2.88% 2.13%
As at 30 Jun 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Select Alternatives Portfolio
Australian Equities
47.97%
Cash
51.35%
Alternatives
0.68%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
4.92%
Cash
55.63%
Alternatives
18.77%
International Equities
2.98%
Property & Infrastructure
1.98%
Fixed Interest
15.73%

General Information

Fund Details
Type Description
Select Alternatives Portfolio
Closed
OneVue RE Services Limited
SLT0005AU
Alternative - Multistrategy
star (as at 31 Mar 2015)
Investment Fund
25 Jun 2003
$1.36 million (as at 31 May 2016)
n/a
$0.4041 (as at 30 Apr 2016)
Finalised
Offer information
Type Description
MER 1.28% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.35% (as at 30 Jun 2014)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00
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FAQs about the Select Alternatives Portfolio

The objective of the Select Alternatives Portfolio managed fund is The Alternative Portfolio aims to achieve performance greater than the cash rate plus 4% per annum (after fees and expenses), and volatility of 8% per annum (as measured by the annualised standard deviation).

The strategy of the Select Alternatives Portfolio managed fund is This Portfolio is diversifi ed investing in a broad range of at least 30 Australian and international alternative investments, many of which are themselves further diversifi ed. This Portfolio offers exposure to local and international alternative strategies (such as hedge funds and managed futures), alternative assets (such as commodities, private equity, infrastructure and gold and other precious metals), and some cash. Alternative strategies:30-75% Alternative assets: 25-70% Cash: 0-25%

The APIR code of the Select Alternatives Portfolio managed fund is SLT0005AU.

Select Alternatives Portfolio’s total return last month was -0.35%. This was made up of a growth return of -0.35% and an income return of 0%. These returns were calculated as at 30 Jun 2015.

Select Alternatives Portfolio’s total return for the last three months was -2.71%. This was made up of a growth return of -2.71% and an income return of 0%%. These returns were calculated as at 30 Jun 2015.

Select Alternatives Portfolio’s one-year total return is -13.71%. This was made up of a growth return of -13.71% and an income return of 0%. These returns were calculated as at 30 Jun 2015.

Select Alternatives Portfolio’s one-year total return is -2.7%. This was made up of a growth return of -2.7% and an income return of 0%. These returns were calculated as at 30 Jun 2015.

The asset allocation of the Select Alternatives Portfolio managed fund is :

Australian Equities
47.97%
Cash
51.35%
Alternatives
0.68%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Select Alternatives Portfolio managed fund is OneVue RE Services Limited.

The Select Alternatives Portfolio managed fund belongs to the Alternative - Multistrategy sector/asset class.

As at 31 May 2016, the size of the Select Alternatives Portfolio managed fund was $1.36 million.

The Select Alternatives Portfolio managed fund has an inception date of 25 Jun 2003.

The current entry price of the Select Alternatives Portfolio managed fund is $ per unit and the current exit price is $0.4041 per unit (as at 30 Apr 2016).

The current exit price of the Select Alternatives Portfolio managed fund is $0.4041 per unit and the current entry price is $ per unit (as at 30 Apr 2016).

The minimum initial investment amount for the Select Alternatives Portfolio managed fund is $25,000. 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.