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  5. Tower Arc MT AP - Tower Growth Maxi - Managed fund profile

Tower Arc MT AP - Tower Growth Maxi - Managed Fund (Closed)

Fund Objective
The option invests predominantly in growth assets such as shares and property.
Fund Strategy
The option aims to provide high investment growth over the long term from a portfolio that invests in a range of asset classes.

Fund Performance Comparison

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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.
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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 6.27% 10.13% 14.66% -12.65% -% -% -% -%
Growth return 6.27% 10.13% 14.66% -12.65% -15.75% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.24% 8.5% 4.37% 12.46% 13.84% 12.76% 11.81% 9.04%
As at 31 Jul 2009. 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
3.62%
Australian Equities
34.24%
International Equities
49.73%
Cash
2.42%
Property & Infrastructure
4.65%
Fixed Interest
5.34%

General Information

Fund Details
Type Description
Tower Arc MT AP - Tower Growth Maxi
Closed
Tower Australia Limited
TOW0450AU
Multisector Aggressive
Not Rated
Allocated Pension
1 Jul 2005
n/a
$1 (as at 31 Aug 2009)
$1 (as at 31 Aug 2009)
Finalised
Offer information
Type Description
Standard entry fee 4.71%
Indirect Cost Ratio (ICR) 1.03% (as at 30 Jun 2008)
Minimum initial investment $20,000

FAQs about the Tower Arc MT AP - Tower Growth Maxi

The objective of the Tower Arc MT AP - Tower Growth Maxi managed fund is The option invests predominantly in growth assets such as shares and property.

The strategy of the Tower Arc MT AP - Tower Growth Maxi managed fund is The option aims to provide high investment growth over the long term from a portfolio that invests in a range of asset classes.

The APIR code of the Tower Arc MT AP - Tower Growth Maxi managed fund is TOW0450AU.

Tower Arc MT AP - Tower Growth Maxi’s total return last month was 6.27%. This was made up of a growth return of 6.27% and an income return of 0%. These returns were calculated as at 31 Jul 2009.

Tower Arc MT AP - Tower Growth Maxi’s total return for the last three months was 10.13%. This was made up of a growth return of 10.13% and an income return of 0%%. These returns were calculated as at 31 Jul 2009.

Tower Arc MT AP - Tower Growth Maxi’s one-year total return is -12.65%. This was made up of a growth return of -12.65% and an income return of 0%. These returns were calculated as at 31 Jul 2009.

Tower Arc MT AP - Tower Growth Maxi’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 Jul 2009.

The asset allocation of the Tower Arc MT AP - Tower Growth Maxi managed fund is :

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

The Responsible Entity for the Tower Arc MT AP - Tower Growth Maxi managed fund is Tower Australia Limited.

The Tower Arc MT AP - Tower Growth Maxi managed fund belongs to the Multisector Aggressive sector/asset class.

As at , the size of the Tower Arc MT AP - Tower Growth Maxi managed fund was $ million.

The Tower Arc MT AP - Tower Growth Maxi managed fund has an inception date of 1 Jul 2005.

The current entry price of the Tower Arc MT AP - Tower Growth Maxi managed fund is $1 per unit and the current exit price is $1 per unit (as at 31 Aug 2009).

The current exit price of the Tower Arc MT AP - Tower Growth Maxi managed fund is $1 per unit and the current entry price is $1 per unit (as at 31 Aug 2009).

The minimum initial investment amount for the Tower Arc MT AP - Tower Growth Maxi managed fund is $20,000.

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.