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Skandia GWS - MFS Massachusetts Investment Fund - Managed Fund (Closed)

Fund Objective
To seek long-term growth of capital with a secondary objective of reasonable current income. Benchmark is the S&P 500 Index (A$).
Fund Strategy
Invests primarily in quality stocks representing well-known companies, predominantly U.S based, across a wide range of industries. MFS follows a stock selection process that looks for high quality, large cap stocks with above-average growth prospects, but also exhibit attractive price valuations. The Massachusetts Investors Trust is America's oldest mutual fund.

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 0.31% -0.64% -0.9% -8.59% -20.25% -% -% -%
Growth return 0.31% -0.64% -0.9% -8.6% -20.26% -% -% -%
Income return 0% 0% 0% 0.01% 0.01% -% -% -%
Market index (MSCI USA NR AUD)
Total return -1.68% 1.7% 8.64% 8.92% 22.29% 23.42% 16.74% 15.22%
As at 31 Dec 2003. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Skandia GWS - MFS Massachusetts Investment Fund
International Equities
98.30%
Cash
1.70%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
89.26%
Cash
2.23%
Australian Equities
2.67%
Property & Infrastructure
0.48%
Fixed Interest
0%
Alternatives
5.35%

General Information

Fund Details
Type Description
Skandia GWS - MFS Massachusetts Investment Fund (Wholesale)
Closed
IOOF Global One Limited
ASK0073AU
Equity North America
Not Rated
Investment Fund
18 Sep 2001
$0.01 million (as at 29 Feb 2004)
$67.4427 (as at 31 Dec 2003)
$67.4427 (as at 31 Dec 2003)
Finalised
Offer information
Type Description
MER 1.24% (as at 30 Jun 2003)
Minimum initial investment $100,000
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FAQs about the Skandia GWS - MFS Massachusetts Investment Fund

The objective of the Skandia GWS - MFS Massachusetts Investment Fund managed fund is To seek long-term growth of capital with a secondary objective of reasonable current income. Benchmark is the S&P 500 Index (A$).

The strategy of the Skandia GWS - MFS Massachusetts Investment Fund managed fund is Invests primarily in quality stocks representing well-known companies, predominantly U.S based, across a wide range of industries. MFS follows a stock selection process that looks for high quality, large cap stocks with above-average growth prospects, but also exhibit attractive price valuations. The Massachusetts Investors Trust is America's oldest mutual fund.

The APIR code of the Skandia GWS - MFS Massachusetts Investment Fund managed fund is ASK0073AU.

Skandia GWS - MFS Massachusetts Investment Fund’s total return last month was 0.31%. This was made up of a growth return of 0.31% and an income return of 0%. These returns were calculated as at 31 Dec 2003.

Skandia GWS - MFS Massachusetts Investment Fund’s total return for the last three months was -0.64%. This was made up of a growth return of -0.64% and an income return of 0%%. These returns were calculated as at 31 Dec 2003.

Skandia GWS - MFS Massachusetts Investment Fund’s one-year total return is -8.59%. This was made up of a growth return of -8.6% and an income return of 0.01%. These returns were calculated as at 31 Dec 2003.

Skandia GWS - MFS Massachusetts Investment Fund’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 Dec 2003.

The asset allocation of the Skandia GWS - MFS Massachusetts Investment Fund managed fund is :

International Equities
98.30%
Cash
1.70%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Skandia GWS - MFS Massachusetts Investment Fund managed fund is IOOF Global One Limited.

The Skandia GWS - MFS Massachusetts Investment Fund managed fund belongs to the Equity North America sector/asset class.

As at 29 Feb 2004, the size of the Skandia GWS - MFS Massachusetts Investment Fund managed fund was $0.01 million.

The Skandia GWS - MFS Massachusetts Investment Fund managed fund has an inception date of 18 Sep 2001.

The current entry price of the Skandia GWS - MFS Massachusetts Investment Fund managed fund is $67.4427 per unit and the current exit price is $67.4427 per unit (as at 31 Dec 2003).

The current exit price of the Skandia GWS - MFS Massachusetts Investment Fund managed fund is $67.4427 per unit and the current entry price is $67.4427 per unit (as at 31 Dec 2003).

The minimum initial investment amount for the Skandia GWS - MFS Massachusetts Investment Fund managed fund is $100,000.

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.