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  5. United Diversified Conservative NEF - Managed fund profile

United Diversified Conservative NEF - Managed Fund (Closed)

Fund Objective
To provide stable returns of your investment over the medium term by investing in a diversified portfolio of defensive assets with some growth asset exposure, and to achieve a total return after fees, in excess of the Fund's benchmark over a rolling 3 year period.
Fund Strategy
The Fund generally gains its investment exposure to a diversified portfolio of investments through a mix of investment managers. The conservative nature of the Fund means it has a greater exposure to income bearing assets such as cash, fixed interest and alternative - defensive assets with some exposure to growth assets such as Australian and international property and equities.

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 -0.08% 1.52% 2.73% 4.82% 8.66% 1.12% 1.36% -%
Growth return -0.08% 1.43% 2.62% 2.26% 7.02% -1.73% -3.03% -%
Income return 0% 0.09% 0.11% 2.56% 1.64% 2.85% 4.39% -%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 0.71% 3.11% 3.39% 6.96% 7.42% 5.65% 3.85% 4.23%
As at 28 Feb 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

United Diversified Conservative NEF
Australian Equities
13.34%
International Equities
11.01%
Cash
33.21%
Property & Infrastructure
4.79%
Fixed Interest
32.42%
Alternatives
5.23%
Average Allocation of Peers
Australian Equities
10.81%
International Equities
15.15%
Cash
15.12%
Property & Infrastructure
3.66%
Fixed Interest
49.61%
Alternatives
5.64%

General Information

Fund Details
Type Description
United Diversified Conservative NEF
Closed
United Funds Management Limited
UFM0055AU
Multisector Moderate
star (as at 28 Feb 2011)
Investment Fund
8 Apr 2002
$1.23 million (as at 28 Feb 2011)
$0.953 (as at 28 Feb 2011)
$0.9506 (as at 28 Feb 2011)
Finalised
Offer information
Type Description
MER 2.41% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) - Estimated 2.84% (as at 30 Sep 2008) (Estimated)
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount

FAQs about the United Diversified Conservative NEF

The objective of the United Diversified Conservative NEF managed fund is To provide stable returns of your investment over the medium term by investing in a diversified portfolio of defensive assets with some growth asset exposure, and to achieve a total return after fees, in excess of the Fund's benchmark over a rolling 3 year period.

The strategy of the United Diversified Conservative NEF managed fund is The Fund generally gains its investment exposure to a diversified portfolio of investments through a mix of investment managers. The conservative nature of the Fund means it has a greater exposure to income bearing assets such as cash, fixed interest and alternative - defensive assets with some exposure to growth assets such as Australian and international property and equities.

The APIR code of the United Diversified Conservative NEF managed fund is UFM0055AU.

United Diversified Conservative NEF’s total return last month was -0.08%. This was made up of a growth return of -0.08% and an income return of 0%. These returns were calculated as at 28 Feb 2011.

United Diversified Conservative NEF’s total return for the last three months was 1.52%. This was made up of a growth return of 1.43% and an income return of 0.09%%. These returns were calculated as at 28 Feb 2011.

United Diversified Conservative NEF’s one-year total return is 4.82%. This was made up of a growth return of 2.26% and an income return of 2.56%. These returns were calculated as at 28 Feb 2011.

United Diversified Conservative NEF’s one-year total return is 1.12%. This was made up of a growth return of -1.73% and an income return of 2.85%. These returns were calculated as at 28 Feb 2011.

The asset allocation of the United Diversified Conservative NEF managed fund is :

Australian Equities
13.34%
International Equities
11.01%
Cash
33.21%
Property & Infrastructure
4.79%
Fixed Interest
32.42%
Alternatives
5.23%

The Responsible Entity for the United Diversified Conservative NEF managed fund is United Funds Management Limited.

The United Diversified Conservative NEF managed fund belongs to the Multisector Moderate sector/asset class.

As at 28 Feb 2011, the size of the United Diversified Conservative NEF managed fund was $1.23 million.

The United Diversified Conservative NEF managed fund has an inception date of 8 Apr 2002.

The current entry price of the United Diversified Conservative NEF managed fund is $0.953 per unit and the current exit price is $0.9506 per unit (as at 28 Feb 2011).

The current exit price of the United Diversified Conservative NEF managed fund is $0.9506 per unit and the current entry price is $0.953 per unit (as at 28 Feb 2011).

The minimum initial investment amount for the United Diversified Conservative NEF managed fund is $5,000. Minimum additional investment is $1000.

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.