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Sterling SRA 16 Units - Managed Fund (Closed)

Fund Objective
The investment objective is to seek to maximise the return of the assets applicable to that class of units within a pre-determined target volatility. The long-term volatility target for SRA 16 is 16% per annum.
Fund Strategy
Under the Strategic Risk Allocation approach the Investment Manager is free to select the investments and instruments that it considers will maximise the expected return of the portfolio for the given volatility target. This allows the Investment Manager to design a more efficient portfolio in terms of risk and return than may be achieved if the Investment Manager used a strategic asset allocation approach.

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 -4.62% -6.54% -14.54% -11.32% 2.16% -% -% -%
Growth return -4.62% -6.54% -20.09% -17.08% -1.72% -% -% -%
Income return 0% 0% 5.55% 5.76% 3.88% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 0.96% 1.88% 3.76% 4.06% 4.11% 2.96% 2.14%
As at 31 Oct 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
18.77%
Australian Equities
4.92%
International Equities
2.98%
Cash
55.63%
Property & Infrastructure
1.98%
Fixed Interest
15.73%

General Information

Fund Details
Type Description
Sterling SRA 16 Units
Closed
Columbus Investment Services Limited
COL0023AU
Alternative - Other
Not Rated
Investment Fund
25 Feb 2010
$35.53 million (as at 31 Oct 2012)
$1.0037 (as at 31 Oct 2012)
$1.0011 (as at 31 Oct 2012)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 3.92% (as at 30 Jun 2012)
Performance fee (not included in ICR) 1.8741
Minimum initial investment $5,000.00
Minimum additional investments $2,000.00
Minimum redemption amount $2,000.00
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FAQs about the Sterling SRA 16 Units

The objective of the Sterling SRA 16 Units managed fund is The investment objective is to seek to maximise the return of the assets applicable to that class of units within a pre-determined target volatility. The long-term volatility target for SRA 16 is 16% per annum.

The strategy of the Sterling SRA 16 Units managed fund is Under the Strategic Risk Allocation approach the Investment Manager is free to select the investments and instruments that it considers will maximise the expected return of the portfolio for the given volatility target. This allows the Investment Manager to design a more efficient portfolio in terms of risk and return than may be achieved if the Investment Manager used a strategic asset allocation approach.

The APIR code of the Sterling SRA 16 Units managed fund is COL0023AU.

Sterling SRA 16 Units’s total return last month was -4.62%. This was made up of a growth return of -4.62% and an income return of 0%. These returns were calculated as at 31 Oct 2012.

Sterling SRA 16 Units’s total return for the last three months was -6.54%. This was made up of a growth return of -6.54% and an income return of 0%%. These returns were calculated as at 31 Oct 2012.

Sterling SRA 16 Units’s one-year total return is -11.32%. This was made up of a growth return of -17.08% and an income return of 5.76%. These returns were calculated as at 31 Oct 2012.

Sterling SRA 16 Units’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 Oct 2012.

The asset allocation of the Sterling SRA 16 Units managed fund is :

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

The Responsible Entity for the Sterling SRA 16 Units managed fund is Columbus Investment Services Limited.

The Sterling SRA 16 Units managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Oct 2012, the size of the Sterling SRA 16 Units managed fund was $35.53 million.

The Sterling SRA 16 Units managed fund has an inception date of 25 Feb 2010.

The current entry price of the Sterling SRA 16 Units managed fund is $1.0037 per unit and the current exit price is $1.0011 per unit (as at 31 Oct 2012).

The current exit price of the Sterling SRA 16 Units managed fund is $1.0011 per unit and the current entry price is $1.0037 per unit (as at 31 Oct 2012).

The minimum initial investment amount for the Sterling SRA 16 Units managed fund is $5,000. Minimum additional investment is $2000.

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.