InvestSMART

Tower - International Growth Trust - Managed Fund (Closed)

Fund Objective
A high level of capital growth while protecting investor's capital and minimising volatility through international diversification.
Fund Strategy
Invests in world sharemarkets with movement from less opportune markets to capitalise on opportunities in better performing areas of the global economy and spread the risk of currency and investment capital over more than one economy. The Manager does not intend to hedge into A$.

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 4.03% -0.06% -1.55% 6.73% 26.64% 24.08% 17.35% 13.04%
Growth return -11.96% -15.43% -16.69% -9.68% -2.14% 4.48% 5.34% 4.45%
Income return 15.99% 15.37% 15.14% 16.41% 28.78% 19.6% 12.01% 8.59%
Market index (MSCI World Ex Australia NR AUD)
Total return -2.51% -6.22% -3.83% 8.14% 10.17% 16.04% 12.71% 13.19%
As at 30 Jun 1999. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Tower - International Growth Trust
International Equities
95.80%
Cash
4.20%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
91.70%
Cash
1.83%
Australian Equities
5.98%
Property & Infrastructure
0.21%
Fixed Interest
-0.01%
Alternatives
0.29%

General Information

Fund Details
Type Description
Tower - International Growth Trust
Closed
Tower Australia Limited
FRP0004AU
Equity World Other
Not Rated
Investment Fund
7 Sep 1987
$6.8 million (as at 31 Jul 1999)
$2.039 (as at 30 Jun 1999)
$1.9129 (as at 30 Jun 1999)
Finalised
Offer information
Type Description
Minimum initial investment $1,000.00
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FAQs about the Tower - International Growth Trust

The objective of the Tower - International Growth Trust managed fund is A high level of capital growth while protecting investor's capital and minimising volatility through international diversification.

The strategy of the Tower - International Growth Trust managed fund is Invests in world sharemarkets with movement from less opportune markets to capitalise on opportunities in better performing areas of the global economy and spread the risk of currency and investment capital over more than one economy. The Manager does not intend to hedge into A$.

The APIR code of the Tower - International Growth Trust managed fund is FRP0004AU.

Tower - International Growth Trust’s total return last month was 4.03%. This was made up of a growth return of -11.96% and an income return of 15.99%. These returns were calculated as at 30 Jun 1999.

Tower - International Growth Trust’s total return for the last three months was -0.06%. This was made up of a growth return of -15.43% and an income return of 15.37%%. These returns were calculated as at 30 Jun 1999.

Tower - International Growth Trust’s one-year total return is 6.73%. This was made up of a growth return of -9.68% and an income return of 16.41%. These returns were calculated as at 30 Jun 1999.

Tower - International Growth Trust’s one-year total return is 24.08%. This was made up of a growth return of 4.48% and an income return of 19.6%. These returns were calculated as at 30 Jun 1999.

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

International Equities
95.80%
Cash
4.20%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

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

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

As at 31 Jul 1999, the size of the Tower - International Growth Trust managed fund was $6.8 million.

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

The current entry price of the Tower - International Growth Trust managed fund is $2.039 per unit and the current exit price is $1.9129 per unit (as at 30 Jun 1999).

The current exit price of the Tower - International Growth Trust managed fund is $1.9129 per unit and the current entry price is $2.039 per unit (as at 30 Jun 1999).

The minimum initial investment amount for the Tower - International 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.