InvestSMART

Trust Companies Fixed Term Mortgage Common Fund 2 - Managed Fund (Closed)

Fund Objective
To provide income return on capital over a fixed term, with an emphasis on capital security.
Fund Strategy
Invests primarily in registered first mortgages as the underlying investment. The registered first mortgages are to be secured over quality residential, retail, commercial, or industrial property.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.31% 0.93% 1.86% 4.22% 5.08% 5.48% 5.17% 5.31%
Growth return 0% 0% 0% 0% 0% 0% 0% 0%
Income return 0.31% 0.93% 1.86% 4.22% 5.08% 5.48% 5.17% 5.31%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.31% 0.9% 1.83% 3.97% 4.22% 4.11% 2.71% 2.11%
As at 31 Jan 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Trust Companies Fixed Term Mortgage Common Fund 2
Cash
66.52%
Property & Infrastructure
33.48%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
18.63%
Property & Infrastructure
0.88%
Australian Equities
0.03%
International Equities
0%
Fixed Interest
80.46%
Alternatives
0%

General Information

Fund Details
Type Description
Trust Companies Fixed Term Mortgage Common Fund 2
Closed
The Trust Company Limited
TCA0003AU
Mortgages
starstar (as at 28 Feb 2007)
Investment Fund
23 Feb 1982
$54.49 million (as at 28 Feb 2010)
$1 (as at 28 Feb 2010)
$1 (as at 28 Feb 2010)
Suppressed
Offer information
Type Description
MER 1.19% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.17% (as at 31 Jul 2009)
Minimum initial investment $2,000.00
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Trust Companies Fixed Term Mortgage Common Fund 2

The objective of the Trust Companies Fixed Term Mortgage Common Fund 2 managed fund is To provide income return on capital over a fixed term, with an emphasis on capital security.

The strategy of the Trust Companies Fixed Term Mortgage Common Fund 2 managed fund is Invests primarily in registered first mortgages as the underlying investment. The registered first mortgages are to be secured over quality residential, retail, commercial, or industrial property.

The APIR code of the Trust Companies Fixed Term Mortgage Common Fund 2 managed fund is TCA0003AU.

Trust Companies Fixed Term Mortgage Common Fund 2’s total return last month was 0.31%. This was made up of a growth return of 0% and an income return of 0.31%. These returns were calculated as at 31 Jan 2010.

Trust Companies Fixed Term Mortgage Common Fund 2’s total return for the last three months was 0.93%. This was made up of a growth return of 0% and an income return of 0.93%%. These returns were calculated as at 31 Jan 2010.

Trust Companies Fixed Term Mortgage Common Fund 2’s one-year total return is 4.22%. This was made up of a growth return of 0% and an income return of 4.22%. These returns were calculated as at 31 Jan 2010.

Trust Companies Fixed Term Mortgage Common Fund 2’s one-year total return is 5.48%. This was made up of a growth return of 0% and an income return of 5.48%. These returns were calculated as at 31 Jan 2010.

The asset allocation of the Trust Companies Fixed Term Mortgage Common Fund 2 managed fund is :

Cash
66.52%
Property & Infrastructure
33.48%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Trust Companies Fixed Term Mortgage Common Fund 2 managed fund is The Trust Company Limited.

The Trust Companies Fixed Term Mortgage Common Fund 2 managed fund belongs to the Mortgages sector/asset class.

As at 28 Feb 2010, the size of the Trust Companies Fixed Term Mortgage Common Fund 2 managed fund was $54.49 million.

The Trust Companies Fixed Term Mortgage Common Fund 2 managed fund has an inception date of 23 Feb 1982.

The current entry price of the Trust Companies Fixed Term Mortgage Common Fund 2 managed fund is $1 per unit and the current exit price is $1 per unit (as at 28 Feb 2010).

The current exit price of the Trust Companies Fixed Term Mortgage Common Fund 2 managed fund is $1 per unit and the current entry price is $1 per unit (as at 28 Feb 2010).

The minimum initial investment amount for the Trust Companies Fixed Term Mortgage Common Fund 2 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.