InvestSMART

State Bank - Supersafe Approved Deposit - Managed Fund (Closed)

Fund Objective
A fixed interest approved deposit fund aiming to provide steady long term returns with low volatility.
Fund Strategy
Invest in government and semi-government securities, bank bills and other money market securities. Maximise running yield on the portfolio without exposing the portfolio to significant risk. Asset allocation consists of cash 70% - 100% (neutral 85%), Australian fixed interest 0% - 30% (neutral 15%).

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 0.24% 0.75% 1.65% 3.7% 4.03% 3.98% 3.81% 4.72%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.3% 0.91% 1.83% 3.89% 4.18% 4.12% 2.77% 2.12%
As at 30 Jun 2002. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

State Bank - Supersafe Approved Deposit
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
18.85%
Australian Equities
0.03%
International Equities
0%
Property & Infrastructure
0.88%
Fixed Interest
80.24%
Alternatives
0%

General Information

Fund Details
Type Description
State Bank - Supersafe Approved Deposit
Closed
Commonwealth Investment Services Limited
COM0611AU
Australian Short Term Fixed Interest
Not Rated
Superannuation Fund
14 Sep 1984
$58.47 million (as at 30 Apr 2007)
n/a
n/a
Finalised
Offer information
Type Description
Minimum initial investment
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FAQs about the State Bank - Supersafe Approved Deposit

The objective of the State Bank - Supersafe Approved Deposit managed fund is A fixed interest approved deposit fund aiming to provide steady long term returns with low volatility.

The strategy of the State Bank - Supersafe Approved Deposit managed fund is Invest in government and semi-government securities, bank bills and other money market securities. Maximise running yield on the portfolio without exposing the portfolio to significant risk. Asset allocation consists of cash 70% - 100% (neutral 85%), Australian fixed interest 0% - 30% (neutral 15%).

The APIR code of the State Bank - Supersafe Approved Deposit managed fund is COM0611AU.

State Bank - Supersafe Approved Deposit’s total return last month was 0.24%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2002.

State Bank - Supersafe Approved Deposit’s total return for the last three months was 0.75%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 30 Jun 2002.

State Bank - Supersafe Approved Deposit’s one-year total return is 3.7%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2002.

State Bank - Supersafe Approved Deposit’s one-year total return is 3.98%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2002.

The asset allocation of the State Bank - Supersafe Approved Deposit managed fund is :

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

The Responsible Entity for the State Bank - Supersafe Approved Deposit managed fund is Commonwealth Investment Services Limited.

The State Bank - Supersafe Approved Deposit managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 30 Apr 2007, the size of the State Bank - Supersafe Approved Deposit managed fund was $58.47 million.

The State Bank - Supersafe Approved Deposit managed fund has an inception date of 14 Sep 1984.

The current entry price of the State Bank - Supersafe Approved Deposit managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the State Bank - Supersafe Approved Deposit managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the State Bank - Supersafe Approved Deposit managed fund 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.