InvestSMART

United Investment Service - Growth - Managed Fund (Closed)

Fund Objective
To achieve higher long-term returns more importantly than avoiding short-term negative returns. The emphasis is mainly on capital growth. Minimum suggested investment timeframe is five years.
Fund Strategy
Invests in a mix of money-market, bond, Australian and international shares, and property trusts investments. Indicative asset mix: Australian shares 39%, international shares 20%, listed property 11%, fixed interest and cash 30%.

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 -0.02% -1.04% -0.52% -0.63% 4.01% 5.13% 5.42% -%
Growth return -0.02% -2% -2.06% -5.75% -4.48% -2.43% -1.13% -%
Income return 0% 0.96% 1.54% 5.12% 8.49% 7.56% 6.55% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.65% 2.31% 3.82% 11.23% 11.01% 11.65% 8.32% 8.66%
As at 31 May 2002. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

United Investment Service - Growth
Australian Equities
41%
International Equities
23.10%
Cash
4.70%
Property & Infrastructure
8.30%
Fixed Interest
22.90%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.83%
International Equities
34.64%
Cash
5.20%
Property & Infrastructure
6.09%
Fixed Interest
20.44%
Alternatives
5.80%

General Information

Fund Details
Type Description
United Investment Service - Growth
Closed
United Funds Management Limited
UFM0005AU
Multisector Growth
Not Rated
Investment Fund
9 May 1996
$5.75 million (as at 31 Mar 2002)
$1.0923 (as at 22 May 2002)
$1.0874 (as at 22 May 2002)
Finalised
Offer information
Type Description
MER 1.95% (as at 30 Jun 1996)
Minimum initial investment $2,000.00
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FAQs about the United Investment Service - Growth

The objective of the United Investment Service - Growth managed fund is To achieve higher long-term returns more importantly than avoiding short-term negative returns. The emphasis is mainly on capital growth. Minimum suggested investment timeframe is five years.

The strategy of the United Investment Service - Growth managed fund is Invests in a mix of money-market, bond, Australian and international shares, and property trusts investments. Indicative asset mix: Australian shares 39%, international shares 20%, listed property 11%, fixed interest and cash 30%.

The APIR code of the United Investment Service - Growth managed fund is UFM0005AU.

United Investment Service - Growth’s total return last month was -0.02%. This was made up of a growth return of -0.02% and an income return of 0%. These returns were calculated as at 31 May 2002.

United Investment Service - Growth’s total return for the last three months was -1.04%. This was made up of a growth return of -2% and an income return of 0.96%%. These returns were calculated as at 31 May 2002.

United Investment Service - Growth’s one-year total return is -0.63%. This was made up of a growth return of -5.75% and an income return of 5.12%. These returns were calculated as at 31 May 2002.

United Investment Service - Growth’s one-year total return is 5.13%. This was made up of a growth return of -2.43% and an income return of 7.56%. These returns were calculated as at 31 May 2002.

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

Australian Equities
41%
International Equities
23.10%
Cash
4.70%
Property & Infrastructure
8.30%
Fixed Interest
22.90%
Alternatives
0%

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

The United Investment Service - Growth managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Mar 2002, the size of the United Investment Service - Growth managed fund was $5.75 million.

The United Investment Service - Growth managed fund has an inception date of 9 May 1996.

The current entry price of the United Investment Service - Growth managed fund is $1.0923 per unit and the current exit price is $1.0874 per unit (as at 22 May 2002).

The current exit price of the United Investment Service - Growth managed fund is $1.0874 per unit and the current entry price is $1.0923 per unit (as at 22 May 2002).

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