InvestSMART

Smartsave Australian Shares - Managed Fund (Closed)

Fund Objective
To provide investors with capital growth over the long term and some tax-effective income. The Fund aims to outperform the performance benchmark over rolling three year periods, without increasing the relative quarterly return volatility risk.
Fund Strategy
An enhanced index approach, with investments primarily made directly in a diversified selection of Australian listed securities that make up the S&P/ASX 200 Index. Although the strategy includes an allocation of only 20% to pure index funds, the directly-held component will explicitly take account of the individual security index weightings and typically only invest in the larger companies included in the ASX50 Index.

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 1.73% 2.46% 0.78% 3.37% 8.54% 9.48% 2.92% -%
Growth return 1.73% 2.46% 0.78% 3.37% 8.54% 9.48% 2.92% 4.36%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (S&P/ASX 200 TR AUD)
Total return 0.39% 2.7% 11.09% 12.46% 18.51% 13.08% 12.64% 9.68%
As at 31 Dec 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Australian Equities
95%
International Equities
4.72%
Cash
-0.57%
Property & Infrastructure
1.39%
Fixed Interest
-0.49%
Alternatives
-0.06%

General Information

Fund Details
Type Description
Smartsave Australian Shares
Closed
Tidswell Financial Services Ltd
Equity Australia Large Blend
star (as at 31 Dec 2014)
Superannuation Fund
3 Jul 2000
n/a
$1.8989 (as at 22 Jan 2015)
$1.8913 (as at 22 Jan 2015)
Suppressed
Offer information
Type Description
Minimum initial investment $1,200.00
Minimum additional investments
Minimum redemption amount

FAQs about the Smartsave Australian Shares

The objective of the Smartsave Australian Shares managed fund is To provide investors with capital growth over the long term and some tax-effective income. The Fund aims to outperform the performance benchmark over rolling three year periods, without increasing the relative quarterly return volatility risk.

The strategy of the Smartsave Australian Shares managed fund is An enhanced index approach, with investments primarily made directly in a diversified selection of Australian listed securities that make up the S&P/ASX 200 Index. Although the strategy includes an allocation of only 20% to pure index funds, the directly-held component will explicitly take account of the individual security index weightings and typically only invest in the larger companies included in the ASX50 Index.

The APIR code of the Smartsave Australian Shares managed fund is .

Smartsave Australian Shares’s total return last month was 1.73%. This was made up of a growth return of 1.73% and an income return of 0%. These returns were calculated as at 31 Dec 2014.

Smartsave Australian Shares’s total return for the last three months was 2.46%. This was made up of a growth return of 2.46% and an income return of 0%%. These returns were calculated as at 31 Dec 2014.

Smartsave Australian Shares’s one-year total return is 3.37%. This was made up of a growth return of 3.37% and an income return of 0%. These returns were calculated as at 31 Dec 2014.

Smartsave Australian Shares’s one-year total return is 9.48%. This was made up of a growth return of 9.48% and an income return of 0%. These returns were calculated as at 31 Dec 2014.

The asset allocation of the Smartsave Australian Shares managed fund is :

Australian Equities
100%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Smartsave Australian Shares managed fund is Tidswell Financial Services Ltd.

The Smartsave Australian Shares managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at , the size of the Smartsave Australian Shares managed fund was $ million.

The Smartsave Australian Shares managed fund has an inception date of 3 Jul 2000.

The current entry price of the Smartsave Australian Shares managed fund is $1.8989 per unit and the current exit price is $1.8913 per unit (as at 22 Jan 2015).

The current exit price of the Smartsave Australian Shares managed fund is $1.8913 per unit and the current entry price is $1.8989 per unit (as at 22 Jan 2015).

The minimum initial investment amount for the Smartsave Australian Shares managed fund is $1,200. Minimum additional investment is $0.

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.