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  5. SMI ME Australian Property - Managed fund profile

SMI ME Australian Property - Managed Fund (Closed)

Fund Objective
The fund is to achieve returns that exceed the inflation rate (change in the CPI) by 3% per annum (after tax), on a rolling five year basis. This objective is expected to be achieved around 65% of the time. To achieve this, the Property Option will invest mainly in listed Australian and international property. It aims to limit the likelihood of applying negative annual returns to one in every three years (i.e. approx. 6.7 times in 20 years).

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 0.72% 2.3% 6.39% 21.4% 12.81% 12.05% 1.9% -%
Growth return 0.72% 2.3% 3.06% 13.47% 5.32% 5.29% -4.14% -%
Income return 0% 0% 3.33% 7.93% 7.49% 6.76% 6.04% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 4.47% 9.86% 16.7% 14.49% 20.15% 15.35% 12.27% 9%
As at 28 Feb 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

SMI ME Australian Property
Cash
6.42%
Property & Infrastructure
93.58%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
2.41%
Property & Infrastructure
93.02%
Australian Equities
4.32%
International Equities
0.24%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
SMI ME Australian Property
Closed
Super Members Investments Limited
SMI0008AU
Unlisted and Direct Property
starstarstar (as at 28 Feb 2011)
Investment Fund
16 Jul 2003
$0.52 million (as at 31 Jan 2013)
n/a
$1.0249 (as at 27 Feb 2013)
Finalised
Offer information
Type Description
MER 1.44% (as at 30 Jun 2008)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2012)
Minimum initial investment $1,000.00

FAQs about the SMI ME Australian Property

The objective of the SMI ME Australian Property managed fund is The fund is to achieve returns that exceed the inflation rate (change in the CPI) by 3% per annum (after tax), on a rolling five year basis. This objective is expected to be achieved around 65% of the time. To achieve this, the Property Option will invest mainly in listed Australian and international property. It aims to limit the likelihood of applying negative annual returns to one in every three years (i.e. approx. 6.7 times in 20 years).

The strategy of the SMI ME Australian Property managed fund is

The APIR code of the SMI ME Australian Property managed fund is SMI0008AU.

SMI ME Australian Property’s total return last month was 0.72%. This was made up of a growth return of 0.72% and an income return of 0%. These returns were calculated as at 28 Feb 2013.

SMI ME Australian Property’s total return for the last three months was 2.3%. This was made up of a growth return of 2.3% and an income return of 0%%. These returns were calculated as at 28 Feb 2013.

SMI ME Australian Property’s one-year total return is 21.4%. This was made up of a growth return of 13.47% and an income return of 7.93%. These returns were calculated as at 28 Feb 2013.

SMI ME Australian Property’s one-year total return is 12.05%. This was made up of a growth return of 5.29% and an income return of 6.76%. These returns were calculated as at 28 Feb 2013.

The asset allocation of the SMI ME Australian Property managed fund is :

Cash
6.42%
Property & Infrastructure
93.58%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the SMI ME Australian Property managed fund is Super Members Investments Limited.

The SMI ME Australian Property managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at 31 Jan 2013, the size of the SMI ME Australian Property managed fund was $0.52 million.

The SMI ME Australian Property managed fund has an inception date of 16 Jul 2003.

The current entry price of the SMI ME Australian Property managed fund is $ per unit and the current exit price is $1.0249 per unit (as at 27 Feb 2013).

The current exit price of the SMI ME Australian Property managed fund is $1.0249 per unit and the current entry price is $ per unit (as at 27 Feb 2013).

The minimum initial investment amount for the SMI ME Australian Property managed fund is $1,000.

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.