InvestSMART

Tower - Ethical Growth Trust - Managed Fund (Closed)

Fund Objective
A share trust concentrating on capital growth above the level of inflation with a smaller income component.
Fund Strategy
Invests in a diverse ethical portfolio of shares, bank bills, government securities, and short-term deposits.

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 2.18% -1.85% -0.14% 11.31% 5.89% 11.75% 8.09% 9.09%
Growth return 0.88% -3.1% -1.41% 9.32% -2.34% 4.68% 3.02% 2.21%
Income return 1.3% 1.25% 1.27% 1.99% 8.23% 7.07% 5.07% 6.88%
Market index (S&P/ASX 200 TR AUD)
Total return 2.18% -1.22% -0.87% 10.12% 9.95% 9.66% 8.36% 9.31%
As at 30 Jun 1999. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Tower - Ethical Growth Trust
Australian Equities
95.10%
Cash
4.90%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
96.22%
Cash
-0.77%
International Equities
3.88%
Property & Infrastructure
1.13%
Fixed Interest
-0.44%
Alternatives
-0.02%

General Information

Fund Details
Type Description
Tower - Ethical Growth Trust
Closed
Tower Australia Limited
FRP0003AU
Equity Australia Other
Not Rated
Investment Fund
7 Sep 1987
$2.47 million (as at 31 Jul 1999)
$1.5969 (as at 30 Jun 1999)
$1.501 (as at 30 Jun 1999)
Finalised
Offer information
Type Description
MER 2.97% (as at 30 Jun 1990)
Minimum initial investment $1,000.00
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FAQs about the Tower - Ethical Growth Trust

The objective of the Tower - Ethical Growth Trust managed fund is A share trust concentrating on capital growth above the level of inflation with a smaller income component.

The strategy of the Tower - Ethical Growth Trust managed fund is Invests in a diverse ethical portfolio of shares, bank bills, government securities, and short-term deposits.

The APIR code of the Tower - Ethical Growth Trust managed fund is FRP0003AU.

Tower - Ethical Growth Trust’s total return last month was 2.18%. This was made up of a growth return of 0.88% and an income return of 1.3%. These returns were calculated as at 30 Jun 1999.

Tower - Ethical Growth Trust’s total return for the last three months was -1.85%. This was made up of a growth return of -3.1% and an income return of 1.25%%. These returns were calculated as at 30 Jun 1999.

Tower - Ethical Growth Trust’s one-year total return is 11.31%. This was made up of a growth return of 9.32% and an income return of 1.99%. These returns were calculated as at 30 Jun 1999.

Tower - Ethical Growth Trust’s one-year total return is 11.75%. This was made up of a growth return of 4.68% and an income return of 7.07%. These returns were calculated as at 30 Jun 1999.

The asset allocation of the Tower - Ethical Growth Trust managed fund is :

Australian Equities
95.10%
Cash
4.90%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Tower - Ethical Growth Trust managed fund is Tower Australia Limited.

The Tower - Ethical Growth Trust managed fund belongs to the Equity Australia Other sector/asset class.

As at 31 Jul 1999, the size of the Tower - Ethical Growth Trust managed fund was $2.47 million.

The Tower - Ethical Growth Trust managed fund has an inception date of 7 Sep 1987.

The current entry price of the Tower - Ethical Growth Trust managed fund is $1.5969 per unit and the current exit price is $1.501 per unit (as at 30 Jun 1999).

The current exit price of the Tower - Ethical Growth Trust managed fund is $1.501 per unit and the current entry price is $1.5969 per unit (as at 30 Jun 1999).

The minimum initial investment amount for the Tower - Ethical Growth 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.