InvestSMART

Tricom Hedge Fund - Managed Fund (Closed)

Fund Objective
To provide investors with positive absolute returns on a yearly basis by investing predominantly in the Australian share market. It does not attempt to mirror an index, but rather seeks to use investment techniques that may lead to profits from the market under all prevailing conditions.
Fund Strategy
The investment strategy is predominantly based on profiting from directional trading of the Australian share market, and from pricing and market anomolies. Smaller allocations may also be made to other absolute return managed funds, and in the derivatives market. The manager has the ability to 'short sell' stocks during times of market weakness to either hedge existing positions or gain from specific stock weakness

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 -15.6% -16.36% -33.28% -27.14% -12.45% -5.13% -% -%
Growth return -15.6% -16.36% -33.28% -27.14% -15.95% -7.68% -% -%
Income return 0% 0% 0% 0% 3.5% 2.55% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 30 Jun 2008. 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
22.39%
Australian Equities
3.95%
International Equities
6.74%
Cash
44.81%
Property & Infrastructure
1.43%
Fixed Interest
20.69%

General Information

Fund Details
Type Description
Tricom Hedge Fund
Closed
Tricom Investment Management Limited
TIM0001AU
Hedge Funds - Australia
Not Rated
Investment Fund
30 Sep 2004
$6.13 million (as at 31 Dec 2007)
$0.8452 (as at 30 Jun 2008)
$0.8452 (as at 30 Jun 2008)
Finalised
Offer information
Type Description
MER 1.54% (as at 30 Jun 2006)
Minimum initial investment $25,000

FAQs about the Tricom Hedge Fund

The objective of the Tricom Hedge Fund managed fund is To provide investors with positive absolute returns on a yearly basis by investing predominantly in the Australian share market. It does not attempt to mirror an index, but rather seeks to use investment techniques that may lead to profits from the market under all prevailing conditions.

The strategy of the Tricom Hedge Fund managed fund is The investment strategy is predominantly based on profiting from directional trading of the Australian share market, and from pricing and market anomolies. Smaller allocations may also be made to other absolute return managed funds, and in the derivatives market. The manager has the ability to 'short sell' stocks during times of market weakness to either hedge existing positions or gain from specific stock weakness

The APIR code of the Tricom Hedge Fund managed fund is TIM0001AU.

Tricom Hedge Fund’s total return last month was -15.6%. This was made up of a growth return of -15.6% and an income return of 0%. These returns were calculated as at 30 Jun 2008.

Tricom Hedge Fund’s total return for the last three months was -16.36%. This was made up of a growth return of -16.36% and an income return of 0%%. These returns were calculated as at 30 Jun 2008.

Tricom Hedge Fund’s one-year total return is -27.14%. This was made up of a growth return of -27.14% and an income return of 0%. These returns were calculated as at 30 Jun 2008.

Tricom Hedge Fund’s one-year total return is -5.13%. This was made up of a growth return of -7.68% and an income return of 2.55%. These returns were calculated as at 30 Jun 2008.

The asset allocation of the Tricom Hedge Fund managed fund is :

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

The Responsible Entity for the Tricom Hedge Fund managed fund is Tricom Investment Management Limited.

The Tricom Hedge Fund managed fund belongs to the Hedge Funds - Australia sector/asset class.

As at 31 Dec 2007, the size of the Tricom Hedge Fund managed fund was $6.13 million.

The Tricom Hedge Fund managed fund has an inception date of 30 Sep 2004.

The current entry price of the Tricom Hedge Fund managed fund is $0.8452 per unit and the current exit price is $0.8452 per unit (as at 30 Jun 2008).

The current exit price of the Tricom Hedge Fund managed fund is $0.8452 per unit and the current entry price is $0.8452 per unit (as at 30 Jun 2008).

The minimum initial investment amount for the Tricom Hedge Fund managed fund is $25,000.

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.