InvestSMART

Strategy - Howard Wholesale Mortgage Trust - Managed Fund (Closed)

Fund Objective
To provide income and security.
Fund Strategy
To maximise income returns within prudent lending parameters. Loans are only made where first mortgage security is held, where the loan does not exceed 70% of the value of the property and where a valuation is carried out by a qualified and independent valuer. Long Term Benchmark Australian F.I. 100% Long Term Ranges Cash 0% - 100% Australian F.I. 0% - 100% F.I. = Fixed Interest

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 0.45% 1.1% 2.24% 4.24% 4.12% -% -% -%
Growth return 0.45% 1.1% 2.24% 4.24% 4.12% -% -% -%
Income return 0% 0% 0% 0% 0% -% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.31% 0.9% 1.83% 3.97% 4.22% 4.11% 2.71% 2.11%
As at 30 Nov 2006. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Strategy - Howard Wholesale Mortgage Trust
Cash
27.61%
Fixed Interest
72.39%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
18.22%
Fixed Interest
80.87%
Australian Equities
0.03%
Property & Infrastructure
0.88%
Alternatives
0%

General Information

Fund Details
Type Description
Strategy - Howard Wholesale Mortgage Trust
Closed
Oasis Asset Management Limited
OAM0170AU
Mortgages
Not Rated
Superannuation Fund
1 Mar 2004
$0.45 million (as at 30 Nov 2006)
$1.0996 (as at 14 Dec 2006)
$1.0996 (as at 14 Dec 2006)
Finalised
Offer information
Type Description
Standard entry fee 5.13%
Minimum initial investment
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FAQs about the Strategy - Howard Wholesale Mortgage Trust

The objective of the Strategy - Howard Wholesale Mortgage Trust managed fund is To provide income and security.

The strategy of the Strategy - Howard Wholesale Mortgage Trust managed fund is To maximise income returns within prudent lending parameters. Loans are only made where first mortgage security is held, where the loan does not exceed 70% of the value of the property and where a valuation is carried out by a qualified and independent valuer. Long Term Benchmark Australian F.I. 100% Long Term Ranges Cash 0% - 100% Australian F.I. 0% - 100% F.I. = Fixed Interest

The APIR code of the Strategy - Howard Wholesale Mortgage Trust managed fund is OAM0170AU.

Strategy - Howard Wholesale Mortgage Trust’s total return last month was 0.45%. This was made up of a growth return of 0.45% and an income return of 0%. These returns were calculated as at 30 Nov 2006.

Strategy - Howard Wholesale Mortgage Trust’s total return for the last three months was 1.1%. This was made up of a growth return of 1.1% and an income return of 0%%. These returns were calculated as at 30 Nov 2006.

Strategy - Howard Wholesale Mortgage Trust’s one-year total return is 4.24%. This was made up of a growth return of 4.24% and an income return of 0%. These returns were calculated as at 30 Nov 2006.

Strategy - Howard Wholesale Mortgage Trust’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 30 Nov 2006.

The asset allocation of the Strategy - Howard Wholesale Mortgage Trust managed fund is :

Cash
27.61%
Fixed Interest
72.39%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Strategy - Howard Wholesale Mortgage Trust managed fund is Oasis Asset Management Limited.

The Strategy - Howard Wholesale Mortgage Trust managed fund belongs to the Mortgages sector/asset class.

As at 30 Nov 2006, the size of the Strategy - Howard Wholesale Mortgage Trust managed fund was $0.45 million.

The Strategy - Howard Wholesale Mortgage Trust managed fund has an inception date of 1 Mar 2004.

The current entry price of the Strategy - Howard Wholesale Mortgage Trust managed fund is $1.0996 per unit and the current exit price is $1.0996 per unit (as at 14 Dec 2006).

The current exit price of the Strategy - Howard Wholesale Mortgage Trust managed fund is $1.0996 per unit and the current entry price is $1.0996 per unit (as at 14 Dec 2006).

The minimum initial investment amount for the Strategy - Howard Wholesale Mortgage Trust 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.