InvestSMART

Tower Savings MultiBd - Managed Series 1 - Managed Fund (Closed)

Fund Objective
To provide good long-term capital growth.
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 0.71% -0.15% -0.13% 0.76% 4.78% 4.34% 3.73% 3.8%
Growth return 0.71% -0.15% -0.13% 0.76% 4.78% 4.34% 3.73% 3.8%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 0.38% -0.09% 4.07% 8.34% 11.24% 10.63% 8.07% 8.42%
As at 31 Oct 2001. 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
5.85%
Australian Equities
27.72%
International Equities
34.63%
Cash
5.14%
Property & Infrastructure
6.27%
Fixed Interest
20.39%

General Information

Fund Details
Type Description
Tower Savings MultiBd - Managed Series 1
Closed
Tower Australia Limited
FRP0212AU
Multisector Growth
Not Rated
Investment Fund
12 Nov 1987
$0.01 million (as at 30 Sep 2001)
n/a
$1.8227 (as at 16 Nov 2001)
Finalised
Offer information
Type Description
Minimum initial investment $1,000.00
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FAQs about the Tower Savings MultiBd - Managed Series 1

The objective of the Tower Savings MultiBd - Managed Series 1 managed fund is To provide good long-term capital growth.

The strategy of the Tower Savings MultiBd - Managed Series 1 managed fund is To spread investments across domestic and overseas equities, property, fixed interest, cash, and bills.

The APIR code of the Tower Savings MultiBd - Managed Series 1 managed fund is FRP0212AU.

Tower Savings MultiBd - Managed Series 1’s total return last month was 0.71%. This was made up of a growth return of 0.71% and an income return of 0%. These returns were calculated as at 31 Oct 2001.

Tower Savings MultiBd - Managed Series 1’s total return for the last three months was -0.15%. This was made up of a growth return of -0.15% and an income return of 0%%. These returns were calculated as at 31 Oct 2001.

Tower Savings MultiBd - Managed Series 1’s one-year total return is 0.76%. This was made up of a growth return of 0.76% and an income return of 0%. These returns were calculated as at 31 Oct 2001.

Tower Savings MultiBd - Managed Series 1’s one-year total return is 4.34%. This was made up of a growth return of 4.34% and an income return of 0%. These returns were calculated as at 31 Oct 2001.

The asset allocation of the Tower Savings MultiBd - Managed Series 1 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 MultiBd - Managed Series 1 managed fund is Tower Australia Limited.

The Tower Savings MultiBd - Managed Series 1 managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Sep 2001, the size of the Tower Savings MultiBd - Managed Series 1 managed fund was $0.01 million.

The Tower Savings MultiBd - Managed Series 1 managed fund has an inception date of 12 Nov 1987.

The current entry price of the Tower Savings MultiBd - Managed Series 1 managed fund is $ per unit and the current exit price is $1.8227 per unit (as at 16 Nov 2001).

The current exit price of the Tower Savings MultiBd - Managed Series 1 managed fund is $1.8227 per unit and the current entry price is $ per unit (as at 16 Nov 2001).

The minimum initial investment amount for the Tower Savings MultiBd - Managed Series 1 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.