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Synergy Sup AXA (W) Australian Monthly Income Pool - Managed Fund (Closed)

Fund Objective
The objective is to provide a competitive interest income return on a monthly basis while at the same time providing a stable unit price.
Fund Strategy
AXA is responsible for the exposure to mortgage investments (currently 61%), while Alliance Capital has been appointed for the Fund's exposure to fixed interest securities (30%) and cash (9%). AXA uses an investment style that involves a bottom up approach to assessing individual loans while factoring in top down issues and risk. Each loan application is assessed in relation to the applicant's financial position and ability. Independent valuations are obtained for mortgage.

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 -% -% -% -% -% -% -% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.3% 0.91% 1.83% 3.89% 4.18% 4.12% 2.77% 2.12%
Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Fixed Interest
80.25%
Australian Equities
0.03%
International Equities
0%
Cash
18.84%
Property & Infrastructure
0.88%
Alternatives
0%

General Information

Fund Details
Type Description
Synergy Sup AXA (W) Australian Monthly Income Pool (Wholesale)
Closed
Synergy Capital Management Limited
Mortgages
Not Rated
Superannuation Fund
23 May 2008
n/a
$1.0006 (as at 31 May 2008)
$1.0006 (as at 31 May 2008)
Finalised
Offer information
Type Description
Standard entry fee 5.13%
Minimum initial investment $50,000
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FAQs about the Synergy Sup AXA (W) Australian Monthly Income Pool

The objective of the Synergy Sup AXA (W) Australian Monthly Income Pool managed fund is The objective is to provide a competitive interest income return on a monthly basis while at the same time providing a stable unit price.

The strategy of the Synergy Sup AXA (W) Australian Monthly Income Pool managed fund is AXA is responsible for the exposure to mortgage investments (currently 61%), while Alliance Capital has been appointed for the Fund's exposure to fixed interest securities (30%) and cash (9%). AXA uses an investment style that involves a bottom up approach to assessing individual loans while factoring in top down issues and risk. Each loan application is assessed in relation to the applicant's financial position and ability. Independent valuations are obtained for mortgage.

The APIR code of the Synergy Sup AXA (W) Australian Monthly Income Pool managed fund is .

Synergy Sup AXA (W) Australian Monthly Income Pool’s total return last month was -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at .

Synergy Sup AXA (W) Australian Monthly Income Pool’s total return for the last three months was -%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at .

Synergy Sup AXA (W) Australian Monthly Income Pool’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 .

Synergy Sup AXA (W) Australian Monthly Income Pool’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 .

The asset allocation of the Synergy Sup AXA (W) Australian Monthly Income Pool managed fund is :

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

The Responsible Entity for the Synergy Sup AXA (W) Australian Monthly Income Pool managed fund is Synergy Capital Management Limited.

The Synergy Sup AXA (W) Australian Monthly Income Pool managed fund belongs to the Mortgages sector/asset class.

As at , the size of the Synergy Sup AXA (W) Australian Monthly Income Pool managed fund was $ million.

The Synergy Sup AXA (W) Australian Monthly Income Pool managed fund has an inception date of 23 May 2008.

The current entry price of the Synergy Sup AXA (W) Australian Monthly Income Pool managed fund is $1.0006 per unit and the current exit price is $1.0006 per unit (as at 31 May 2008).

The current exit price of the Synergy Sup AXA (W) Australian Monthly Income Pool managed fund is $1.0006 per unit and the current entry price is $1.0006 per unit (as at 31 May 2008).

The minimum initial investment amount for the Synergy Sup AXA (W) Australian Monthly Income Pool managed fund is $50,000.

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.