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  5. Tower Personal Retire MBd 2 - Capital - Managed fund profile

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

Fund Objective
To provide bond holders with maximum 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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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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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 Balance Tgt Alloc NR AUD)
Total return 1.08% -1.1% 2.5% 8.75% 7.79% 5.72% 6.14% 5.46%
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
8.71%
Australian Equities
15.83%
International Equities
27.57%
Cash
7.25%
Property
3.73%
Fixed Interest
36.91%

General Information

Fund Details
Type Description
Tower Personal Retire MBd 2 - Capital
Closed
Tower Australia Limited
FRP0413AU
Multisector Balanced
Not Rated
Superannuation Fund
1 May 1989
$0.1 million (as at 30 Jun 1995)
$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

FAQs about the Tower Personal Retire MBd 2 - Capital

The objective of the Tower Personal Retire MBd 2 - Capital managed fund is To provide bond holders with maximum growth while reducing volatility.

The strategy of the Tower Personal 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 Personal Retire MBd 2 - Capital managed fund is FRP0413AU.

Tower Personal 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 Personal 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 Personal 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 Personal 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 Personal Retire MBd 2 - Capital managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the Tower Personal Retire MBd 2 - Capital managed fund is Tower Australia Limited.

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

As at 30 Jun 1995, the size of the Tower Personal Retire MBd 2 - Capital managed fund was $0.1 million.

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

The current entry price of the Tower Personal 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 Personal 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 Personal 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.