InvestSMART

Tower Employee Retire MBd 2 - Capital - Managed Fund (Closed)

Fund Objective
To provide good long-term capital growth while reducing volatility.
Fund Strategy
Divide investments among a variety of fund managers who will invest in fixed interest securities with a small proportion invested in equities property and cash.

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% 0% 0% 0% 0.36% 1.79% 1.97% -%
Growth return 0% 0% 0% 0% 0.36% 1.79% 1.97% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 1.19% 1.41% 2.2% 6.68% 6.89% 7.04% 4% 4.65%
As at 30 Sep 1997. 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
7.04%
Australian Equities
11.35%
International Equities
14.76%
Cash
13.16%
Property & Infrastructure
3.53%
Fixed Interest
50.14%

General Information

Fund Details
Type Description
Tower Employee Retire MBd 2 - Capital
Closed
Tower Australia Limited
FRP0523AU
Multisector Moderate
Not Rated
Superannuation Fund
1 May 1989
$0 million (as at 31 Oct 1994)
$1.4304 (as at 16 Oct 1997)
$1.4304 (as at 16 Oct 1997)
Finalised
Offer information
Type Description
Minimum initial investment $1,000.00
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FAQs about the Tower Employee Retire MBd 2 - Capital

The objective of the Tower Employee Retire MBd 2 - Capital managed fund is To provide good long-term capital growth while reducing volatility.

The strategy of the Tower Employee Retire MBd 2 - Capital managed fund is Divide investments among a variety of fund managers who will invest in fixed interest securities with a small proportion invested in equities property and cash.

The APIR code of the Tower Employee Retire MBd 2 - Capital managed fund is FRP0523AU.

Tower Employee Retire MBd 2 - Capital’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 30 Sep 1997.

Tower Employee Retire MBd 2 - Capital’s total return for the last three months was 0%. This was made up of a growth return of 0% and an income return of 0%%. These returns were calculated as at 30 Sep 1997.

Tower Employee Retire MBd 2 - Capital’s one-year total return is 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 30 Sep 1997.

Tower Employee Retire MBd 2 - Capital’s one-year total return is 1.79%. This was made up of a growth return of 1.79% and an income return of 0%. These returns were calculated as at 30 Sep 1997.

The asset allocation of the Tower Employee Retire MBd 2 - Capital 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 Employee Retire MBd 2 - Capital managed fund is Tower Australia Limited.

The Tower Employee Retire MBd 2 - Capital managed fund belongs to the Multisector Moderate sector/asset class.

As at 31 Oct 1994, the size of the Tower Employee Retire MBd 2 - Capital managed fund was $0 million.

The Tower Employee Retire MBd 2 - Capital managed fund has an inception date of 1 May 1989.

The current entry price of the Tower Employee Retire MBd 2 - Capital managed fund is $1.4304 per unit and the current exit price is $1.4304 per unit (as at 16 Oct 1997).

The current exit price of the Tower Employee Retire MBd 2 - Capital managed fund is $1.4304 per unit and the current entry price is $1.4304 per unit (as at 16 Oct 1997).

The minimum initial investment amount for the Tower Employee Retire MBd 2 - Capital 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.