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  5. Vertex Premium Equity Fund - Managed fund profile

Vertex Premium Equity Fund - Managed Fund (Closed)

Fund Objective
The fund objective is to produce high levels of distributable income derived from capital appreciation in Australian equities without exposing investors to significant levels of share market risk.
Fund Strategy
The fund will invest in Australian Equities, predominantly in the Top 100, and listed derivative instruments.

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 -1.81% -2.23% -0.39% 4.56% 7.13% -% -% -%
Growth return 0% -1.9% -5.21% -1.73% 2.84% -% -% -%
Income return -1.81% -0.33% 4.82% 6.29% 4.29% -% -% -%
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 Jul 2006. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Vertex Premium Equity Fund
Australian Equities
45.50%
Cash
54.50%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.61%
Cash
-0.54%
International Equities
4.66%
Property & Infrastructure
1.40%
Fixed Interest
0.28%
Alternatives
0.59%

General Information

Fund Details
Type Description
Vertex Premium Equity Fund (Wholesale)
Closed
Vertex Capital Management Limited
ETL0026AU
Equity Australia Large Blend
Not Rated
Investment Fund
30 Jun 2004
$1.13 million (as at 31 Jul 2006)
$1.0532 (as at 13 Sep 2006)
$1.0532 (as at 13 Sep 2006)
Finalised
Offer information
Type Description
MER 1.83% (as at 30 Jun 2005)
Minimum initial investment $100,000

FAQs about the Vertex Premium Equity Fund

The objective of the Vertex Premium Equity Fund managed fund is The fund objective is to produce high levels of distributable income derived from capital appreciation in Australian equities without exposing investors to significant levels of share market risk.

The strategy of the Vertex Premium Equity Fund managed fund is The fund will invest in Australian Equities, predominantly in the Top 100, and listed derivative instruments.

The APIR code of the Vertex Premium Equity Fund managed fund is ETL0026AU.

Vertex Premium Equity Fund’s total return last month was -1.81%. This was made up of a growth return of 0% and an income return of -1.81%. These returns were calculated as at 31 Jul 2006.

Vertex Premium Equity Fund’s total return for the last three months was -2.23%. This was made up of a growth return of -1.9% and an income return of -0.33%%. These returns were calculated as at 31 Jul 2006.

Vertex Premium Equity Fund’s one-year total return is 4.56%. This was made up of a growth return of -1.73% and an income return of 6.29%. These returns were calculated as at 31 Jul 2006.

Vertex Premium Equity Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jul 2006.

The asset allocation of the Vertex Premium Equity Fund managed fund is :

Australian Equities
45.50%
Cash
54.50%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Vertex Premium Equity Fund managed fund is Vertex Capital Management Limited.

The Vertex Premium Equity Fund managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Jul 2006, the size of the Vertex Premium Equity Fund managed fund was $1.13 million.

The Vertex Premium Equity Fund managed fund has an inception date of 30 Jun 2004.

The current entry price of the Vertex Premium Equity Fund managed fund is $1.0532 per unit and the current exit price is $1.0532 per unit (as at 13 Sep 2006).

The current exit price of the Vertex Premium Equity Fund managed fund is $1.0532 per unit and the current entry price is $1.0532 per unit (as at 13 Sep 2006).

The minimum initial investment amount for the Vertex Premium Equity Fund managed fund is $100,000.

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.