Sterling SRA 9 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 9 is 9% per annum.

Fund Strategy

The investment strategy for the SRA 9 Portfolios is to invest in funds managed by specialist managers and to hedge the asset class risks that may arise from these investments. The portfolios managed by the specialist managers provide exposure to a wide range of Australian and international investments. The portfolios create a diversification across many different equities markets, (eg Asia, emerging markets, large and small capitalisation) and non-equity investments (eg government bonds, credit, commodities and alternative investments).

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-0.46%	0.87%	-2.33%	2.31%	3.35%	-%	-%	-%
Growth return	-0.46%	0.87%	-7.34%	-2.94%	-1.12%	-%	-%	-%
Income return	0%	0%	5.01%	5.25%	4.47%	-%	-%	-%
Market index (RBA Bank accepted Bills 90 Days)
Total return	0.3%	0.92%	1.82%	3.76%	4.06%	4.09%	2.88%	2.13%

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: 18.53%

Australian Equities: 4.70%

International Equities: 3.26%

Cash: 55.75%

Property & Infrastructure: 1.98%

Fixed Interest: 15.78%

General Information

Fund Details

Type	Description
Fund Name	Sterling SRA 9 Units
Fund Status	Closed
Responsible Entity	Columbus Investment Services Limited
APIR Code	COL0022AU
Sector/Asset Class	Alternative - Other
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	25 Feb 2010
Fund Size	$33.69 million (as at 31 Oct 2012)
Entry Price	$1.0261 (as at 31 Oct 2012)
Exit Price	$1.0216 (as at 31 Oct 2012)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	1.28% (as at 30 Jun 2012)
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 9 Units

What is the objective of the Sterling SRA 9 Units managed fund?

The objective of the Sterling SRA 9 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 9 is 9% per annum.

What is the strategy for the Sterling SRA 9 Units managed fund?

The strategy of the Sterling SRA 9 Units managed fund is The investment strategy for the SRA 9 Portfolios is to invest in funds managed by specialist managers and to hedge the asset class risks that may arise from these investments. The portfolios managed by the specialist managers provide exposure to a wide range of Australian and international investments. The portfolios create a diversification across many different equities markets, (eg Asia, emerging markets, large and small capitalisation) and non-equity investments (eg government bonds, credit, commodities and alternative investments).

What is the APIR code of the Sterling SRA 9 Units managed fund?

The APIR code of the Sterling SRA 9 Units managed fund is COL0022AU.

What was Sterling SRA 9 Units’s total return last month?

Sterling SRA 9 Units’s total return last month was -0.46%. This was made up of a growth return of -0.46% and an income return of 0%. These returns were calculated as at 31 Oct 2012.

What was Sterling SRA 9 Units’s total return for the last three months?

Sterling SRA 9 Units’s total return for the last three months was 0.87%. This was made up of a growth return of 0.87% and an income return of 0%%. These returns were calculated as at 31 Oct 2012.

What is Sterling SRA 9 Units’s one-year total return?

Sterling SRA 9 Units’s one-year total return is 2.31%. This was made up of a growth return of -2.94% and an income return of 5.25%. These returns were calculated as at 31 Oct 2012.

What is Sterling SRA 9 Units’s three-year total return?

Sterling SRA 9 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.

What is the asset allocation of the Sterling SRA 9 Units managed fund?

The asset allocation of the Sterling SRA 9 Units managed fund is :

Alternatives: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Who is the responsible Entity of the Sterling SRA 9 Units managed fund?

The Responsible Entity for the Sterling SRA 9 Units managed fund is Columbus Investment Services Limited.

What sector/asset class does the Sterling SRA 9 Units managed fund belong to?

The Sterling SRA 9 Units managed fund belongs to the Alternative - Other sector/asset class.

What is the size of the Sterling SRA 9 Units managed fund?

As at 31 Oct 2012, the size of the Sterling SRA 9 Units managed fund was $33.69 million.

What is the inception date of the Sterling SRA 9 Units managed fund?

The Sterling SRA 9 Units managed fund has an inception date of 25 Feb 2010.

What is the current entry price of the Sterling SRA 9 Units managed fund?

The current entry price of the Sterling SRA 9 Units managed fund is $1.0261 per unit and the current exit price is $1.0216 per unit (as at 31 Oct 2012).

What is the current exit price of the Sterling SRA 9 Units managed fund?

The current exit price of the Sterling SRA 9 Units managed fund is $1.0216 per unit and the current entry price is $1.0261 per unit (as at 31 Oct 2012).

What is the minimum investment amount for the Sterling SRA 9 Units managed fund?

The minimum initial investment amount for the Sterling SRA 9 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.

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