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Tower Wholesale - Performance NTP - Managed Fund (Closed)

Fund Objective
This wholesale fund aims to maximise the growth of the investment over the medium to long term with due regard to the risks associated with investing in a balanced fund.
Fund Strategy
The Fund's investments are in FAI Life's Statutory Fund No.2 which is designed for complying superannuation funds. Asset ranges for the Fund are as follows: Australian shares 35-70%, international shares 0-10%, Australian fixed interest 15-45, international fixed interest 0-10%, Australian cash 0-15%, listed property trusts 0-75%, and direct property 0-75%.

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 -4.47% -6.3% -2.43% -2.92% 4.59% 10.63% 8.52% -%
Growth return -4.47% -6.3% -2.43% -2.92% 4.59% 10.63% 8.52% -%
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 2001. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Tower Wholesale - Performance NTP
Australian Equities
36%
International Equities
20.50%
Cash
9%
Property & Infrastructure
9%
Fixed Interest
25%
Alternatives
0.50%
Average Allocation of Peers
Australian Equities
27.95%
International Equities
34.69%
Cash
5.21%
Property & Infrastructure
6.10%
Fixed Interest
20.47%
Alternatives
5.58%

General Information

Fund Details
Type Description
Tower Wholesale - Performance NTP (Wholesale)
Closed
Tower Australian Superannuation Limited
FAI0013AU
Multisector Growth
Not Rated
Investment Fund
1 May 1995
n/a
$89.0284 (as at 30 Sep 2001)
$89.0284 (as at 30 Sep 2001)
Finalised
Offer information
Type Description
MER 0.90% (as at 30 Jun 2001)
Minimum initial investment $500,000
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FAQs about the Tower Wholesale - Performance NTP

The objective of the Tower Wholesale - Performance NTP managed fund is This wholesale fund aims to maximise the growth of the investment over the medium to long term with due regard to the risks associated with investing in a balanced fund.

The strategy of the Tower Wholesale - Performance NTP managed fund is The Fund's investments are in FAI Life's Statutory Fund No.2 which is designed for complying superannuation funds. Asset ranges for the Fund are as follows: Australian shares 35-70%, international shares 0-10%, Australian fixed interest 15-45, international fixed interest 0-10%, Australian cash 0-15%, listed property trusts 0-75%, and direct property 0-75%.

The APIR code of the Tower Wholesale - Performance NTP managed fund is FAI0013AU.

Tower Wholesale - Performance NTP’s total return last month was -4.47%. This was made up of a growth return of -4.47% and an income return of 0%. These returns were calculated as at 30 Sep 2001.

Tower Wholesale - Performance NTP’s total return for the last three months was -6.3%. This was made up of a growth return of -6.3% and an income return of 0%%. These returns were calculated as at 30 Sep 2001.

Tower Wholesale - Performance NTP’s one-year total return is -2.92%. This was made up of a growth return of -2.92% and an income return of 0%. These returns were calculated as at 30 Sep 2001.

Tower Wholesale - Performance NTP’s one-year total return is 10.63%. This was made up of a growth return of 10.63% and an income return of 0%. These returns were calculated as at 30 Sep 2001.

The asset allocation of the Tower Wholesale - Performance NTP managed fund is :

Australian Equities
36%
International Equities
20.50%
Cash
9%
Property & Infrastructure
9%
Fixed Interest
25%
Alternatives
0.50%

The Responsible Entity for the Tower Wholesale - Performance NTP managed fund is Tower Australian Superannuation Limited.

The Tower Wholesale - Performance NTP managed fund belongs to the Multisector Growth sector/asset class.

As at 29 Feb 2004, the size of the Tower Wholesale - Performance NTP managed fund was $ million.

The Tower Wholesale - Performance NTP managed fund has an inception date of 1 May 1995.

The current entry price of the Tower Wholesale - Performance NTP managed fund is $89.0284 per unit and the current exit price is $89.0284 per unit (as at 30 Sep 2001).

The current exit price of the Tower Wholesale - Performance NTP managed fund is $89.0284 per unit and the current entry price is $89.0284 per unit (as at 30 Sep 2001).

The minimum initial investment amount for the Tower Wholesale - Performance NTP managed fund is $500,000.

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.