InvestSMART

Tower Savings MBd Series 2 - Managed - Managed Fund (Closed)

Fund Objective
N/A
Fund Strategy
To spread investments across domestic and overseas equities, property, fixed interest, cash, and bills.

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% 0.51% 2.19% -%
Growth return 0% 0% 0% 0% 0% 0.51% 2.19% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.65% 2.31% 3.82% 11.23% 11.01% 11.65% 8.32% 8.66%
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
5.58%
Australian Equities
27.95%
International Equities
34.69%
Cash
5.21%
Property & Infrastructure
6.10%
Fixed Interest
20.47%

General Information

Fund Details
Type Description
Tower Savings MBd Series 2 - Managed
Closed
Tower Australia Limited
FRP0214AU
Multisector Growth
Not Rated
Investment Fund
1 May 1989
$0.05 million (as at 31 Mar 1995)
$1.2234 (as at 16 Oct 1997)
$1.2234 (as at 16 Oct 1997)
Finalised
Offer information
Type Description
Minimum initial investment $2,000.00
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FAQs about the Tower Savings MBd Series 2 - Managed

The objective of the Tower Savings MBd Series 2 - Managed managed fund is N/A

The strategy of the Tower Savings MBd Series 2 - Managed managed fund is To spread investments across domestic and overseas equities, property, fixed interest, cash, and bills.

The APIR code of the Tower Savings MBd Series 2 - Managed managed fund is FRP0214AU.

Tower Savings MBd Series 2 - Managed’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 Savings MBd Series 2 - Managed’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 Savings MBd Series 2 - Managed’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 Savings MBd Series 2 - Managed’s one-year total return is 0.51%. This was made up of a growth return of 0.51% and an income return of 0%. These returns were calculated as at 30 Sep 1997.

The asset allocation of the Tower Savings MBd Series 2 - Managed 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 Savings MBd Series 2 - Managed managed fund is Tower Australia Limited.

The Tower Savings MBd Series 2 - Managed managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Mar 1995, the size of the Tower Savings MBd Series 2 - Managed managed fund was $0.05 million.

The Tower Savings MBd Series 2 - Managed managed fund has an inception date of 1 May 1989.

The current entry price of the Tower Savings MBd Series 2 - Managed managed fund is $1.2234 per unit and the current exit price is $1.2234 per unit (as at 16 Oct 1997).

The current exit price of the Tower Savings MBd Series 2 - Managed managed fund is $1.2234 per unit and the current entry price is $1.2234 per unit (as at 16 Oct 1997).

The minimum initial investment amount for the Tower Savings MBd Series 2 - Managed managed fund is $2,000.

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.