InvestSMART

Tower BR Ins Bond - Growth - Managed Fund (Closed)

Fund Objective
To maintain stable returns and security of capital.
Fund Strategy
To invest funds in fixed interest securities, cash and equities (to a limited extent).

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 1.07% 3.85% 4.06% 10.61% 1.16% 7.74% 6.46% -%
Growth return 1.07% 3.85% 4.06% 10.61% 1.16% 7.74% 6.46% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 1.45% 1.88% 3.15% 8.95% 9.02% 9.46% 6.09% 6.69%
As at 31 Jan 1996. 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
9.23%
Australian Equities
17.71%
International Equities
27.46%
Cash
7.28%
Property & Infrastructure
3.77%
Fixed Interest
34.55%

General Information

Fund Details
Type Description
Tower BR Ins Bond - Growth
Closed
Tower Australia Limited
TOW0204AU
Multisector Balanced
Not Rated
Investment Fund
1 Jun 1990
$0 million (as at 31 Jan 1996)
$8.9538 (as at 6 Nov 2009)
$8.9538 (as at 6 Nov 2009)
Finalised
Offer information
Type Description
Minimum initial investment $1,000.00
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FAQs about the Tower BR Ins Bond - Growth

The objective of the Tower BR Ins Bond - Growth managed fund is To maintain stable returns and security of capital.

The strategy of the Tower BR Ins Bond - Growth managed fund is To invest funds in fixed interest securities, cash and equities (to a limited extent).

The APIR code of the Tower BR Ins Bond - Growth managed fund is TOW0204AU.

Tower BR Ins Bond - Growth’s total return last month was 1.07%. This was made up of a growth return of 1.07% and an income return of 0%. These returns were calculated as at 31 Jan 1996.

Tower BR Ins Bond - Growth’s total return for the last three months was 3.85%. This was made up of a growth return of 3.85% and an income return of 0%%. These returns were calculated as at 31 Jan 1996.

Tower BR Ins Bond - Growth’s one-year total return is 10.61%. This was made up of a growth return of 10.61% and an income return of 0%. These returns were calculated as at 31 Jan 1996.

Tower BR Ins Bond - Growth’s one-year total return is 7.74%. This was made up of a growth return of 7.74% and an income return of 0%. These returns were calculated as at 31 Jan 1996.

The asset allocation of the Tower BR Ins Bond - Growth 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 BR Ins Bond - Growth managed fund is Tower Australia Limited.

The Tower BR Ins Bond - Growth managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 Jan 1996, the size of the Tower BR Ins Bond - Growth managed fund was $0 million.

The Tower BR Ins Bond - Growth managed fund has an inception date of 1 Jun 1990.

The current entry price of the Tower BR Ins Bond - Growth managed fund is $8.9538 per unit and the current exit price is $8.9538 per unit (as at 6 Nov 2009).

The current exit price of the Tower BR Ins Bond - Growth managed fund is $8.9538 per unit and the current entry price is $8.9538 per unit (as at 6 Nov 2009).

The minimum initial investment amount for the Tower BR Ins Bond - Growth managed fund is $1,000.

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.