InvestSMART

Tower - Capital Accumulation Trust - Managed Fund (Closed)

Fund Objective
Safeguard investors capital at all times.
Fund Strategy
Invests in fixed interest securities such as government and semi-government securities, bank accepted bills, negotiable securities, promissory notes, cash, and equities (maximum 15% of gross assets).

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 -0.93% -3.78% -2.92% 0.55% 4.8% 8.15% 7.3% 6.8%
Growth return -3.75% -6.52% -5.68% -4.55% -0.97% 2.23% 1.61% 0.21%
Income return 2.82% 2.74% 2.76% 5.1% 5.77% 5.92% 5.69% 6.59%
Market index (Morningstar AUS Con Tgt Alloc NR AUD)
Total return 0.34% -0.48% 0.72% 3.84% 4.23% 3.95% 1.53% 2.74%
As at 30 Jun 1999. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Tower - Capital Accumulation Trust
Australian Equities
8.90%
International Equities
7.90%
Cash
10.80%
Property & Infrastructure
3.90%
Fixed Interest
68.50%
Alternatives
0%
Average Allocation of Peers
Australian Equities
9.63%
International Equities
4.15%
Cash
24.17%
Property & Infrastructure
1.08%
Fixed Interest
59.07%
Alternatives
1.89%

General Information

Fund Details
Type Description
Tower - Capital Accumulation Trust
Closed
Tower Australia Limited
FRP0002AU
Multisector Conservative
Not Rated
Investment Fund
7 Mar 1988
$0.77 million (as at 31 Jul 1999)
$1.1853 (as at 30 Jun 1999)
$1.1497 (as at 30 Jun 1999)
Finalised
Offer information
Type Description
MER 3.09% (as at 30 Jun 1990)
Minimum initial investment $1,000.00
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FAQs about the Tower - Capital Accumulation Trust

The objective of the Tower - Capital Accumulation Trust managed fund is Safeguard investors capital at all times.

The strategy of the Tower - Capital Accumulation Trust managed fund is Invests in fixed interest securities such as government and semi-government securities, bank accepted bills, negotiable securities, promissory notes, cash, and equities (maximum 15% of gross assets).

The APIR code of the Tower - Capital Accumulation Trust managed fund is FRP0002AU.

Tower - Capital Accumulation Trust’s total return last month was -0.93%. This was made up of a growth return of -3.75% and an income return of 2.82%. These returns were calculated as at 30 Jun 1999.

Tower - Capital Accumulation Trust’s total return for the last three months was -3.78%. This was made up of a growth return of -6.52% and an income return of 2.74%%. These returns were calculated as at 30 Jun 1999.

Tower - Capital Accumulation Trust’s one-year total return is 0.55%. This was made up of a growth return of -4.55% and an income return of 5.1%. These returns were calculated as at 30 Jun 1999.

Tower - Capital Accumulation Trust’s one-year total return is 8.15%. This was made up of a growth return of 2.23% and an income return of 5.92%. These returns were calculated as at 30 Jun 1999.

The asset allocation of the Tower - Capital Accumulation Trust managed fund is :

Australian Equities
8.90%
International Equities
7.90%
Cash
10.80%
Property & Infrastructure
3.90%
Fixed Interest
68.50%
Alternatives
0%

The Responsible Entity for the Tower - Capital Accumulation Trust managed fund is Tower Australia Limited.

The Tower - Capital Accumulation Trust managed fund belongs to the Multisector Conservative sector/asset class.

As at 31 Jul 1999, the size of the Tower - Capital Accumulation Trust managed fund was $0.77 million.

The Tower - Capital Accumulation Trust managed fund has an inception date of 7 Mar 1988.

The current entry price of the Tower - Capital Accumulation Trust managed fund is $1.1853 per unit and the current exit price is $1.1497 per unit (as at 30 Jun 1999).

The current exit price of the Tower - Capital Accumulation Trust managed fund is $1.1497 per unit and the current entry price is $1.1853 per unit (as at 30 Jun 1999).

The minimum initial investment amount for the Tower - Capital Accumulation Trust 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.