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  5. Smarter Money Assisted Investor Class - Managed fund profile

Smarter Money Assisted Investor Class - Managed Fund

Fund Objective
The Smarter Money Fund targets returns above the average returns of traditional cash products after fees. More specifically, the fund targets returns that outperform the Reserve Bank of Australia's (RBA's) official target cash rate by 1% - 2% pa after Management Fees and Administration Fees and Ordinary Expenses, over a rolling 12 month period.
Fund Strategy
The Fund targets returns above the average returns of traditional cash products after management costs. More specifically, the Fund targets returns that outperform the Reserve Bank of Australia's (RBA's) cash rate by 1.0% to 2.0% pa after management costs, over a rolling 12 month period. The investment objective is not intended to be a forecast. It is only an indication of what the investment strategy aims to achieve over a rolling 12 month period.

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 0.39% 1.36% 2.99% 6.41% 3.86% 2.34% 2.27% 2.63%
Growth return -0.96% 0% 0.43% 1.66% 0.18% -0.31% -0.32% -0.17%
Income return 1.35% 1.36% 2.56% 4.75% 3.68% 2.65% 2.59% 2.8%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.09% 2.15% 4.19% 3.11% 2.08% -% 1.82%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Smarter Money Assisted Investor Class
Cash
10.71%
Fixed Interest
89.29%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
26.97%
Fixed Interest
72.47%
Australian Equities
0.49%
International Equities
0.05%
Alternatives
0.02%

General Information

Fund Details
Type Description
Smarter Money Assisted Investor Class
Equity Trustees Ltd
CRE0014AU
Australian Short Term Fixed Interest
starstarstarstar (as at 31 Mar 2024)
Investment Fund
17 Feb 2012
$309.94 million (as at 29 Feb 2024)
$1.0313 (as at 18 Apr 2024)
$1.031 (as at 18 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.79% (as at 30 Jun 2020)
Minimum initial investment $1,000.00
Minimum additional investments $1,000.00
Minimum redemption amount

Top 10 holdings (as at 30 Sep 2015)

Holding (as at 30 Sep 2015) Type % of Portfolio
Members Equity Bk FRN Bond - Undefined 13.06%
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FAQs about the Smarter Money Assisted Investor Class

The objective of the Smarter Money Assisted Investor Class managed fund is The Smarter Money Fund targets returns above the average returns of traditional cash products after fees. More specifically, the fund targets returns that outperform the Reserve Bank of Australia's (RBA's) official target cash rate by 1% - 2% pa after Management Fees and Administration Fees and Ordinary Expenses, over a rolling 12 month period.

The strategy of the Smarter Money Assisted Investor Class managed fund is The Fund targets returns above the average returns of traditional cash products after management costs. More specifically, the Fund targets returns that outperform the Reserve Bank of Australia's (RBA's) cash rate by 1.0% to 2.0% pa after management costs, over a rolling 12 month period. The investment objective is not intended to be a forecast. It is only an indication of what the investment strategy aims to achieve over a rolling 12 month period.

The APIR code of the Smarter Money Assisted Investor Class managed fund is CRE0014AU.

Smarter Money Assisted Investor Class’s total return last month was 0.39%. This was made up of a growth return of -0.96% and an income return of 1.35%. These returns were calculated as at 31 Mar 2024.

Smarter Money Assisted Investor Class’s total return for the last three months was 1.36%. This was made up of a growth return of 0% and an income return of 1.36%%. These returns were calculated as at 31 Mar 2024.

Smarter Money Assisted Investor Class’s one-year total return is 6.41%. This was made up of a growth return of 1.66% and an income return of 4.75%. These returns were calculated as at 31 Mar 2024.

Smarter Money Assisted Investor Class’s one-year total return is 2.34%. This was made up of a growth return of -0.31% and an income return of 2.65%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Smarter Money Assisted Investor Class managed fund is :

Cash
10.71%
Fixed Interest
89.29%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Smarter Money Assisted Investor Class managed fund is Equity Trustees Ltd.

The Smarter Money Assisted Investor Class managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 29 Feb 2024, the size of the Smarter Money Assisted Investor Class managed fund was $309.94 million.

The Smarter Money Assisted Investor Class managed fund has an inception date of 17 Feb 2012.

The current entry price of the Smarter Money Assisted Investor Class managed fund is $1.0313 per unit and the current exit price is $1.031 per unit (as at 18 Apr 2024).

The current exit price of the Smarter Money Assisted Investor Class managed fund is $1.031 per unit and the current entry price is $1.0313 per unit (as at 18 Apr 2024).

The minimum initial investment amount for the Smarter Money Assisted Investor Class managed fund is $1,000. 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.