United Global Shares NEF - Managed Fund (Closed)

Fund Objective

To provide capital growth of your investment over the long term by investing in a diversified portfolio of international equities, and to achieve a total return after fees in excess of the MSCI World Ex-Australia Index ($A) over a rolling 5 year period.

Fund Strategy

The Fund generally gains its investment exposure by investing in a well diversified portfolio of international equity investment managers. The Fund's investments generally provide exposure to stocks within the MSCI World Ex-Australia Index ($A). However, the Fund has the capacity to gain exposure in equities outside the index, such as emerging markets and unlisted equities.

Fund Performance Comparison

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Peers

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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.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-5.67%	-3.17%	-6.43%	-12%	-3.46%	-15.76%	-12.64%	-%
Growth return	-5.67%	-3.17%	-6.43%	-12%	-3.46%	-15.79%	-12.91%	-%
Income return	0%	0%	0%	0%	0%	0.03%	0.27%	-%
Market index (MSCI World Ex Australia NR AUD)
Total return	-2.51%	-6.22%	-3.83%	8.14%	10.17%	16.04%	12.71%	13.19%

As at 28 Feb 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

United Global Shares NEF

International Equities: 100%

Australian Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

International Equities: 91.52%

Australian Equities: 6.16%

Cash: 1.83%

Property & Infrastructure: 0.21%

Fixed Interest: -0.01%

Alternatives: 0.29%

General Information

Fund Details

Type	Description
Fund Name	United Global Shares NEF
Fund Status	Closed
Responsible Entity	United Funds Management Limited
APIR Code	UFM0058AU
Sector/Asset Class	Equity World Large Blend
Morningstar Rating	(as at 28 Feb 2011)
Legal Structure	Investment Fund
Fund Inception	3 May 2002
Fund Size	$0.05 million (as at 28 Feb 2011)
Entry Price	$0.4897 (as at 28 Feb 2011)
Exit Price	$0.4862 (as at 28 Feb 2011)
Fund Status	Finalised

Offer information

Type	Description
MER	2.57% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) - Estimated	4.79% (as at 30 Sep 2008) (Estimated)
Minimum initial investment	$5,000.00
Minimum additional investments	$1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Aug 2009)

Holding (as at 31 Aug 2009)	Type	% of Portfolio
Nestle	Equity	1.57%
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FAQs about the United Global Shares NEF

What is the objective of the United Global Shares NEF managed fund?

The objective of the United Global Shares NEF managed fund is To provide capital growth of your investment over the long term by investing in a diversified portfolio of international equities, and to achieve a total return after fees in excess of the MSCI World Ex-Australia Index ($A) over a rolling 5 year period.

What is the strategy for the United Global Shares NEF managed fund?

The strategy of the United Global Shares NEF managed fund is The Fund generally gains its investment exposure by investing in a well diversified portfolio of international equity investment managers. The Fund's investments generally provide exposure to stocks within the MSCI World Ex-Australia Index ($A). However, the Fund has the capacity to gain exposure in equities outside the index, such as emerging markets and unlisted equities.

What is the APIR code of the United Global Shares NEF managed fund?

The APIR code of the United Global Shares NEF managed fund is UFM0058AU.

What was United Global Shares NEF’s total return last month?

United Global Shares NEF’s total return last month was -5.67%. This was made up of a growth return of -5.67% and an income return of 0%. These returns were calculated as at 28 Feb 2011.

What was United Global Shares NEF’s total return for the last three months?

United Global Shares NEF’s total return for the last three months was -3.17%. This was made up of a growth return of -3.17% and an income return of 0%%. These returns were calculated as at 28 Feb 2011.

What is United Global Shares NEF’s one-year total return?

United Global Shares NEF’s one-year total return is -12%. This was made up of a growth return of -12% and an income return of 0%. These returns were calculated as at 28 Feb 2011.

What is United Global Shares NEF’s three-year total return?

United Global Shares NEF’s one-year total return is -15.76%. This was made up of a growth return of -15.79% and an income return of 0.03%. These returns were calculated as at 28 Feb 2011.

What is the asset allocation of the United Global Shares NEF managed fund?

The asset allocation of the United Global Shares NEF managed fund is :

International Equities: 100%

Australian Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the United Global Shares NEF managed fund?

The Responsible Entity for the United Global Shares NEF managed fund is United Funds Management Limited.

What sector/asset class does the United Global Shares NEF managed fund belong to?

The United Global Shares NEF managed fund belongs to the Equity World Large Blend sector/asset class.

What is the size of the United Global Shares NEF managed fund?

As at 28 Feb 2011, the size of the United Global Shares NEF managed fund was $0.05 million.

What is the inception date of the United Global Shares NEF managed fund?

The United Global Shares NEF managed fund has an inception date of 3 May 2002.

What is the current entry price of the United Global Shares NEF managed fund?

The current entry price of the United Global Shares NEF managed fund is $0.4897 per unit and the current exit price is $0.4862 per unit (as at 28 Feb 2011).

What is the current exit price of the United Global Shares NEF managed fund?

The current exit price of the United Global Shares NEF managed fund is $0.4862 per unit and the current entry price is $0.4897 per unit (as at 28 Feb 2011).

What is the minimum investment amount for the United Global Shares NEF managed fund?

The minimum initial investment amount for the United Global Shares 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.

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