InvestSMART

SIM Wholesale Australian Equities - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the S&P/ASX 200 Accumulation Index by 3.0% over a rolling three-year period (before fees).
Fund Strategy
The Fund is a managed investment scheme that invests predominantly, directly or indirectly in a range of listed Australian shares and other securities, including exchange traded funds. The Fund currently gains its exposure to shares and other securities, including exchange traded funds, by investing in another managed investment scheme (underlying fund).

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -4.8% 0.13% 0.64% 5.05% 12.96% 13.49% 6.24% 8.55%
Growth return -5.26% -0.36% -6.16% -3.41% 0.33% 1.4% -2.87% -1.55%
Income return 0.46% 0.49% 6.8% 8.46% 12.63% 12.09% 9.11% 10.1%
Market index (S&P/ASX 200 TR AUD)
Total return -0.78% 4.71% 14.66% 10.56% 16.03% 15.17% 12.98% 10.11%
As at 30 Sep 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

SIM Wholesale Australian Equities
Australian Equities
94.04%
Cash
3.77%
Property & Infrastructure
2.19%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
95.23%
Cash
-0.58%
Property & Infrastructure
1.34%
International Equities
4.55%
Fixed Interest
-0.49%
Alternatives
-0.06%

General Information

Fund Details
Type Description
SIM Wholesale Australian Equities (Wholesale)
Closed
Nikko Asset Management Australia Limited
SUN0114AU
Equity Australia Large Blend
starstarstarstar (as at 30 Sep 2014)
Investment Fund
1 Mar 2004
$3.89 million (as at 31 Oct 2013)
$0.9314 (as at 30 Sep 2014)
$0.9259 (as at 30 Sep 2014)
Finalised
Offer information
Type Description
MER 0.80% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2014)
Minimum initial investment $500,000

FAQs about the SIM Wholesale Australian Equities

The objective of the SIM Wholesale Australian Equities managed fund is The Fund aims to outperform the S&P/ASX 200 Accumulation Index by 3.0% over a rolling three-year period (before fees).

The strategy of the SIM Wholesale Australian Equities managed fund is The Fund is a managed investment scheme that invests predominantly, directly or indirectly in a range of listed Australian shares and other securities, including exchange traded funds. The Fund currently gains its exposure to shares and other securities, including exchange traded funds, by investing in another managed investment scheme (underlying fund).

The APIR code of the SIM Wholesale Australian Equities managed fund is SUN0114AU.

SIM Wholesale Australian Equities’s total return last month was -4.8%. This was made up of a growth return of -5.26% and an income return of 0.46%. These returns were calculated as at 30 Sep 2014.

SIM Wholesale Australian Equities’s total return for the last three months was 0.13%. This was made up of a growth return of -0.36% and an income return of 0.49%%. These returns were calculated as at 30 Sep 2014.

SIM Wholesale Australian Equities’s one-year total return is 5.05%. This was made up of a growth return of -3.41% and an income return of 8.46%. These returns were calculated as at 30 Sep 2014.

SIM Wholesale Australian Equities’s one-year total return is 13.49%. This was made up of a growth return of 1.4% and an income return of 12.09%. These returns were calculated as at 30 Sep 2014.

The asset allocation of the SIM Wholesale Australian Equities managed fund is :

Australian Equities
94.04%
Cash
3.77%
Property & Infrastructure
2.19%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the SIM Wholesale Australian Equities managed fund is Nikko Asset Management Australia Limited.

The SIM Wholesale Australian Equities managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Oct 2013, the size of the SIM Wholesale Australian Equities managed fund was $3.89 million.

The SIM Wholesale Australian Equities managed fund has an inception date of 1 Mar 2004.

The current entry price of the SIM Wholesale Australian Equities managed fund is $0.9314 per unit and the current exit price is $0.9259 per unit (as at 30 Sep 2014).

The current exit price of the SIM Wholesale Australian Equities managed fund is $0.9259 per unit and the current entry price is $0.9314 per unit (as at 30 Sep 2014).

The minimum initial investment amount for the SIM Wholesale Australian Equities managed fund is $500,000.

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.