InvestSMART

Tower Arc MT AP - Tower International Shares - Managed Fund (Closed)

Fund Objective
The option invests in a range of international shares.
Fund Strategy
The option aims to provide high investment growth over the long term from a portfolio of international shares.

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 5.59% 3.71% -3.8% -15.77% -% -% -% -%
Growth return 5.59% 3.71% -3.8% -15.77% -21.63% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
Market index (MSCI USA NR AUD)
Total return -1.68% 1.7% 8.64% 8.92% 22.29% 23.42% 16.74% 15.22%
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
International Equities
88.95%
Australian Equities
2.77%
Cash
2.22%
Property & Infrastructure
0.50%
Fixed Interest
0%
Alternatives
5.55%

General Information

Fund Details
Type Description
Tower Arc MT AP - Tower International Shares
Closed
Tower Australia Limited
TOW0563AU
Equity North America
Not Rated
Allocated Pension
1 Jul 2005
n/a
$0.994 (as at 15 Sep 2009)
$0.994 (as at 15 Sep 2009)
Finalised
Offer information
Type Description
Standard entry fee 4.71%
Indirect Cost Ratio (ICR) 0.78% (as at 30 Jun 2009)
Minimum initial investment $20,000
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FAQs about the Tower Arc MT AP - Tower International Shares

The objective of the Tower Arc MT AP - Tower International Shares managed fund is The option invests in a range of international shares.

The strategy of the Tower Arc MT AP - Tower International Shares managed fund is The option aims to provide high investment growth over the long term from a portfolio of international shares.

The APIR code of the Tower Arc MT AP - Tower International Shares managed fund is TOW0563AU.

Tower Arc MT AP - Tower International Shares’s total return last month was 5.59%. This was made up of a growth return of 5.59% and an income return of 0%. These returns were calculated as at 31 Jul 2009.

Tower Arc MT AP - Tower International Shares’s total return for the last three months was 3.71%. This was made up of a growth return of 3.71% and an income return of 0%%. These returns were calculated as at 31 Jul 2009.

Tower Arc MT AP - Tower International Shares’s one-year total return is -15.77%. This was made up of a growth return of -15.77% and an income return of 0%. These returns were calculated as at 31 Jul 2009.

Tower Arc MT AP - Tower International Shares’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 International Shares managed fund is :

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

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

The Tower Arc MT AP - Tower International Shares managed fund belongs to the Equity North America sector/asset class.

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

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

The current entry price of the Tower Arc MT AP - Tower International Shares managed fund is $0.994 per unit and the current exit price is $0.994 per unit (as at 15 Sep 2009).

The current exit price of the Tower Arc MT AP - Tower International Shares managed fund is $0.994 per unit and the current entry price is $0.994 per unit (as at 15 Sep 2009).

The minimum initial investment amount for the Tower Arc MT AP - Tower International Shares 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.