InvestSMART

Tower Lighthouse - Balanced Growth - Managed Fund (Closed)

Fund Objective
N/A
Fund Strategy
The Fund invests mainly in growth assets while maintaining a broad mix between asset classes. Asset allocation ranges: Australian shares 20-55%, international shares 10-40%, property securities 0-20%, Australian fixed interest 10-30%, international fixed interest 5-15%, indexed securities 0-10%, unlisted securities 0-5%, cash/money market 0-30%.

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 0.75% 5.29% -1.7% -6.66% -4.32% -0.92% -% -%
Growth return 0.75% 4.19% -2.8% -8.27% -6.13% -3.43% -% -%
Income return 0% 1.1% 1.1% 1.61% 1.81% 2.51% -% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 0.75% 4.43% 10.73% 11.3% 14.85% 13.6% 9.39% 8.35%
As at 31 May 2003. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Tower Lighthouse - Balanced Growth
Australian Equities
37%
International Equities
21%
Cash
8.50%
Property & Infrastructure
8.50%
Fixed Interest
25%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.15%
International Equities
35.19%
Cash
6.38%
Property & Infrastructure
6.36%
Fixed Interest
20.93%
Alternatives
3.98%

General Information

Fund Details
Type Description
Tower Lighthouse - Balanced Growth
Closed
Tower Australia Limited
TOW0199AU
Multisector Growth
Not Rated
Investment Fund
1 Nov 1998
$6.08 million (as at 31 May 2003)
$0.9694 (as at 30 May 2003)
$0.9645 (as at 30 May 2003)
Finalised
Offer information
Type Description

FAQs about the Tower Lighthouse - Balanced Growth

The objective of the Tower Lighthouse - Balanced Growth managed fund is N/A

The strategy of the Tower Lighthouse - Balanced Growth managed fund is The Fund invests mainly in growth assets while maintaining a broad mix between asset classes. Asset allocation ranges: Australian shares 20-55%, international shares 10-40%, property securities 0-20%, Australian fixed interest 10-30%, international fixed interest 5-15%, indexed securities 0-10%, unlisted securities 0-5%, cash/money market 0-30%.

The APIR code of the Tower Lighthouse - Balanced Growth managed fund is TOW0199AU.

Tower Lighthouse - Balanced Growth’s total return last month was 0.75%. This was made up of a growth return of 0.75% and an income return of 0%. These returns were calculated as at 31 May 2003.

Tower Lighthouse - Balanced Growth’s total return for the last three months was 5.29%. This was made up of a growth return of 4.19% and an income return of 1.1%%. These returns were calculated as at 31 May 2003.

Tower Lighthouse - Balanced Growth’s one-year total return is -6.66%. This was made up of a growth return of -8.27% and an income return of 1.61%. These returns were calculated as at 31 May 2003.

Tower Lighthouse - Balanced Growth’s one-year total return is -0.92%. This was made up of a growth return of -3.43% and an income return of 2.51%. These returns were calculated as at 31 May 2003.

The asset allocation of the Tower Lighthouse - Balanced Growth managed fund is :

Australian Equities
37%
International Equities
21%
Cash
8.50%
Property & Infrastructure
8.50%
Fixed Interest
25%
Alternatives
0%

The Responsible Entity for the Tower Lighthouse - Balanced Growth managed fund is Tower Australia Limited.

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

As at 31 May 2003, the size of the Tower Lighthouse - Balanced Growth managed fund was $6.08 million.

The Tower Lighthouse - Balanced Growth managed fund has an inception date of 1 Nov 1998.

The current entry price of the Tower Lighthouse - Balanced Growth managed fund is $0.9694 per unit and the current exit price is $0.9645 per unit (as at 30 May 2003).

The current exit price of the Tower Lighthouse - Balanced Growth managed fund is $0.9645 per unit and the current entry price is $0.9694 per unit (as at 30 May 2003).

The minimum initial investment amount for the Tower Lighthouse - Balanced Growth managed fund is $.

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.