InvestSMART

STL - Premium Fixed Interest Fund - Managed Fund (Closed)

Fund Objective
To provide a return above the UBS Warburg Australian Composite Bond Index.
Fund Strategy
Invests in Australian bonds, Australian wholesale fixed interest- unit trusts, or index replicating securities.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.7% 5.87% 9.96% 11.81% 7.04% 5.89% 5.82% 4.71%
Growth return 2.7% 3.48% 5.08% 5.37% 2.12% 1.25% 1.34% -0.01%
Income return 0% 2.39% 4.88% 6.44% 4.92% 4.64% 4.48% 4.72%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.96% 2.65% 2.3% 1.53% 4.14% 3.98% 0.37% 1.77%
As at 30 Nov 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

STL - Premium Fixed Interest Fund
Cash
5.89%
Fixed Interest
94.11%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
7.30%
Fixed Interest
92.32%
Australian Equities
0.29%
International Equities
-0.04%
Property & Infrastructure
0.12%
Alternatives
0%

General Information

Fund Details
Type Description
STL - Premium Fixed Interest Fund
Closed
State Trustees Limited
STT0003AU
Bonds - Australia
Not Rated
Investment Fund
3 Jun 1996
$99.95 million (as at 30 Nov 2008)
$1.1074 (as at 28 Nov 2008)
$1.1066 (as at 28 Nov 2008)
Finalised
Offer information
Type Description
Standard entry fee 0.75%
MER 1.01% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 1% (as at 30 Jun 2008)
Minimum initial investment $500.00
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the STL - Premium Fixed Interest Fund

The objective of the STL - Premium Fixed Interest Fund managed fund is To provide a return above the UBS Warburg Australian Composite Bond Index.

The strategy of the STL - Premium Fixed Interest Fund managed fund is Invests in Australian bonds, Australian wholesale fixed interest- unit trusts, or index replicating securities.

The APIR code of the STL - Premium Fixed Interest Fund managed fund is STT0003AU.

STL - Premium Fixed Interest Fund’s total return last month was 2.7%. This was made up of a growth return of 2.7% and an income return of 0%. These returns were calculated as at 30 Nov 2008.

STL - Premium Fixed Interest Fund’s total return for the last three months was 5.87%. This was made up of a growth return of 3.48% and an income return of 2.39%%. These returns were calculated as at 30 Nov 2008.

STL - Premium Fixed Interest Fund’s one-year total return is 11.81%. This was made up of a growth return of 5.37% and an income return of 6.44%. These returns were calculated as at 30 Nov 2008.

STL - Premium Fixed Interest Fund’s one-year total return is 5.89%. This was made up of a growth return of 1.25% and an income return of 4.64%. These returns were calculated as at 30 Nov 2008.

The asset allocation of the STL - Premium Fixed Interest Fund managed fund is :

Cash
5.89%
Fixed Interest
94.11%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the STL - Premium Fixed Interest Fund managed fund is State Trustees Limited.

The STL - Premium Fixed Interest Fund managed fund belongs to the Bonds - Australia sector/asset class.

As at 30 Nov 2008, the size of the STL - Premium Fixed Interest Fund managed fund was $99.95 million.

The STL - Premium Fixed Interest Fund managed fund has an inception date of 3 Jun 1996.

The current entry price of the STL - Premium Fixed Interest Fund managed fund is $1.1074 per unit and the current exit price is $1.1066 per unit (as at 28 Nov 2008).

The current exit price of the STL - Premium Fixed Interest Fund managed fund is $1.1066 per unit and the current entry price is $1.1074 per unit (as at 28 Nov 2008).

The minimum initial investment amount for the STL - Premium Fixed Interest Fund managed fund is $500.

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.