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  5. Swita International Asset Allocation - Managed fund profile

Swita International Asset Allocation - Managed Fund (Closed)

Fund Objective
The investment objective of the Swita International Asset Allocation Fund is to provide capital growth over the long term by investing primarily in a portfolio of not more than ten (10) international and ASX listed equity index, selected commodity and bond Exchange Traded Funds (ETFs) creating a global asset allocation model. ETFs will be selected using the model each month and funds allocated equally between the ETFs.
Fund Strategy
Swita is focused on identifying themes and trends, mindful of the prevailing economic and business cycle, with a focus on investing in companies trading at a discount to intrinsic value.

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 -0.62% 2.12% 1.43% -6.76% -2.95% -% -% -%
Growth return -0.62% 2.12% 1.43% -8.41% -3.82% -% -% -%
Income return 0% 0% 0% 1.65% 0.87% -% -% -%
As at 28 Feb 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Swita International Asset Allocation
Fixed Interest
100%

General Information

Fund Details
Type Description
Swita International Asset Allocation
Closed
Equity Trustees Ltd
ETL0268AU
Not Rated
Unknown
28 Feb 2011
$22 million (as at 30 Mar 2012)
$0.8728 (as at 27 Mar 2013)
$0.868 (as at 27 Mar 2013)
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.90% (as at 30 Jun 2012)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

FAQs about the Swita International Asset Allocation

The objective of the Swita International Asset Allocation managed fund is The investment objective of the Swita International Asset Allocation Fund is to provide capital growth over the long term by investing primarily in a portfolio of not more than ten (10) international and ASX listed equity index, selected commodity and bond Exchange Traded Funds (ETFs) creating a global asset allocation model. ETFs will be selected using the model each month and funds allocated equally between the ETFs.

The strategy of the Swita International Asset Allocation managed fund is Swita is focused on identifying themes and trends, mindful of the prevailing economic and business cycle, with a focus on investing in companies trading at a discount to intrinsic value.

The APIR code of the Swita International Asset Allocation managed fund is ETL0268AU.

Swita International Asset Allocation’s total return last month was -0.62%. This was made up of a growth return of -0.62% and an income return of 0%. These returns were calculated as at 28 Feb 2013.

Swita International Asset Allocation’s total return for the last three months was 2.12%. This was made up of a growth return of 2.12% and an income return of 0%%. These returns were calculated as at 28 Feb 2013.

Swita International Asset Allocation’s one-year total return is -6.76%. This was made up of a growth return of -8.41% and an income return of 1.65%. These returns were calculated as at 28 Feb 2013.

Swita International Asset Allocation’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 28 Feb 2013.

The asset allocation of the Swita International Asset Allocation managed fund is :

Fixed Interest
100%

The Responsible Entity for the Swita International Asset Allocation managed fund is Equity Trustees Ltd.

As at 30 Mar 2012, the size of the Swita International Asset Allocation managed fund was $22 million.

The Swita International Asset Allocation managed fund has an inception date of 28 Feb 2011.

The current entry price of the Swita International Asset Allocation managed fund is $0.8728 per unit and the current exit price is $0.868 per unit (as at 27 Mar 2013).

The current exit price of the Swita International Asset Allocation managed fund is $0.868 per unit and the current entry price is $0.8728 per unit (as at 27 Mar 2013).

The minimum initial investment amount for the Swita International Asset Allocation managed fund is $25,000. Minimum additional investment is $10000.

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.