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  5. United Investment Service - Australian Shares - Managed fund profile

United Investment Service - Australian Shares - Managed Fund (Closed)

Fund Objective
To achieve returns in excess of the overall sharemarket, as measured by the S&P/ASX 300 Accumulation Index, over rolling 3 year periods. Returns will be mainly in the form of capital gains with some tax sheltered income in the form of franked dividends. Minimum suggested investment timeframe 6 years.
Fund Strategy
Invests in a broad mix of shares listed on the Australian Stock Exchange.

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 0.34% -0.62% 1.61% 2.17% 9.11% 7.99% 6.79% -%
Growth return 0.34% -1.16% 0.62% -7.95% -6.97% -4.02% -2.12% -%
Income return 0% 0.54% 0.99% 10.12% 16.08% 12.01% 8.91% -%
Market index (S&P/ASX 200 TR AUD)
Total return 2.36% 8.17% 4.18% 11.81% 12.67% 12.33% 12.26% 8.65%
As at 31 May 2002. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

United Investment Service - Australian Shares
Australian Equities
100%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.66%
International Equities
4.67%
Cash
-0.60%
Property & Infrastructure
1.40%
Fixed Interest
0.28%
Alternatives
0.59%

General Information

Fund Details
Type Description
United Investment Service - Australian Shares
Closed
United Funds Management Limited
UFM0001AU
Equity Australia Other
Not Rated
Investment Fund
30 May 1996
$1.91 million (as at 31 Mar 2002)
$1.0355 (as at 22 May 2002)
$1.0267 (as at 22 May 2002)
Finalised
Offer information
Type Description
MER 1.95% (as at 30 Jun 1996)
Minimum initial investment $2,000.00

FAQs about the United Investment Service - Australian Shares

The objective of the United Investment Service - Australian Shares managed fund is To achieve returns in excess of the overall sharemarket, as measured by the S&P/ASX 300 Accumulation Index, over rolling 3 year periods. Returns will be mainly in the form of capital gains with some tax sheltered income in the form of franked dividends. Minimum suggested investment timeframe 6 years.

The strategy of the United Investment Service - Australian Shares managed fund is Invests in a broad mix of shares listed on the Australian Stock Exchange.

The APIR code of the United Investment Service - Australian Shares managed fund is UFM0001AU.

United Investment Service - Australian Shares’s total return last month was 0.34%. This was made up of a growth return of 0.34% and an income return of 0%. These returns were calculated as at 31 May 2002.

United Investment Service - Australian Shares’s total return for the last three months was -0.62%. This was made up of a growth return of -1.16% and an income return of 0.54%%. These returns were calculated as at 31 May 2002.

United Investment Service - Australian Shares’s one-year total return is 2.17%. This was made up of a growth return of -7.95% and an income return of 10.12%. These returns were calculated as at 31 May 2002.

United Investment Service - Australian Shares’s one-year total return is 7.99%. This was made up of a growth return of -4.02% and an income return of 12.01%. These returns were calculated as at 31 May 2002.

The asset allocation of the United Investment Service - Australian Shares managed fund is :

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

The Responsible Entity for the United Investment Service - Australian Shares managed fund is United Funds Management Limited.

The United Investment Service - Australian Shares managed fund belongs to the Equity Australia Other sector/asset class.

As at 31 Mar 2002, the size of the United Investment Service - Australian Shares managed fund was $1.91 million.

The United Investment Service - Australian Shares managed fund has an inception date of 30 May 1996.

The current entry price of the United Investment Service - Australian Shares managed fund is $1.0355 per unit and the current exit price is $1.0267 per unit (as at 22 May 2002).

The current exit price of the United Investment Service - Australian Shares managed fund is $1.0267 per unit and the current entry price is $1.0355 per unit (as at 22 May 2002).

The minimum initial investment amount for the United Investment Service - Australian Shares 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.