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  5. Wellington Premium Income Fund - Managed fund profile

Wellington Premium Income Fund - Managed Fund (Closed)

Fund Objective
The MFS Wholesale Premium Income Fund aims to provide investors with regular monthly income with minimal capital volatility by actively managing a portfolio of income-producing assets such as: Construction & Development Mortgages, Propertty & other Asset Backed Investments.
Fund Strategy
The Fund adopts a strategy of actively managing high yielding assets and subsequently managing the underlying credit and market risks to deliver a steady income stream to clients with minimal risk of capital loss.

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 0.71% 2.14% 4.33% 8.84% 8.84% 8.84% 8.85% -%
Growth return 0% 0% 0% 0% 0% 0% 0% -%
Income return 0.71% 2.14% 4.33% 8.84% 8.84% 8.84% 8.85% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.32% 0.94% 2% 4.25% 4.32% 4% 2.47% 2.06%
As at 31 Jan 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Wellington Premium Income Fund
International Equities
0.48%
Cash
4.17%
Property & Infrastructure
45.09%
Fixed Interest
50.26%
Australian Equities
0%
Alternatives
0%
Average Allocation of Peers
International Equities
0.03%
Cash
20.03%
Property & Infrastructure
0%
Fixed Interest
79.26%
Australian Equities
0.03%
Alternatives
0.66%

General Information

Fund Details
Type Description
Wellington Premium Income Fund
Closed
Wellington Investment Management Limited
MFS0001AU
Mortgages Aggressive
starstarstar (as at 29 Feb 2008)
Investment Fund
1 Nov 2000
n/a
$0.45 (as at 30 Sep 2008)
$0.45 (as at 30 Sep 2008)
Suppressed
Offer information
Type Description
MER 2% (as at 30 Jun 2007)
Minimum initial investment $5,000.00

FAQs about the Wellington Premium Income Fund

The objective of the Wellington Premium Income Fund managed fund is The MFS Wholesale Premium Income Fund aims to provide investors with regular monthly income with minimal capital volatility by actively managing a portfolio of income-producing assets such as: Construction & Development Mortgages, Propertty & other Asset Backed Investments.

The strategy of the Wellington Premium Income Fund managed fund is The Fund adopts a strategy of actively managing high yielding assets and subsequently managing the underlying credit and market risks to deliver a steady income stream to clients with minimal risk of capital loss.

The APIR code of the Wellington Premium Income Fund managed fund is MFS0001AU.

Wellington Premium Income Fund’s total return last month was 0.71%. This was made up of a growth return of 0% and an income return of 0.71%. These returns were calculated as at 31 Jan 2008.

Wellington Premium Income Fund’s total return for the last three months was 2.14%. This was made up of a growth return of 0% and an income return of 2.14%%. These returns were calculated as at 31 Jan 2008.

Wellington Premium Income Fund’s one-year total return is 8.84%. This was made up of a growth return of 0% and an income return of 8.84%. These returns were calculated as at 31 Jan 2008.

Wellington Premium Income Fund’s one-year total return is 8.84%. This was made up of a growth return of 0% and an income return of 8.84%. These returns were calculated as at 31 Jan 2008.

The asset allocation of the Wellington Premium Income Fund managed fund is :

International Equities
0.48%
Cash
4.17%
Property & Infrastructure
45.09%
Fixed Interest
50.26%
Australian Equities
0%
Alternatives
0%

The Responsible Entity for the Wellington Premium Income Fund managed fund is Wellington Investment Management Limited.

The Wellington Premium Income Fund managed fund belongs to the Mortgages Aggressive sector/asset class.

As at 30 Sep 2008, the size of the Wellington Premium Income Fund managed fund was $ million.

The Wellington Premium Income Fund managed fund has an inception date of 1 Nov 2000.

The current entry price of the Wellington Premium Income Fund managed fund is $0.45 per unit and the current exit price is $0.45 per unit (as at 30 Sep 2008).

The current exit price of the Wellington Premium Income Fund managed fund is $0.45 per unit and the current entry price is $0.45 per unit (as at 30 Sep 2008).

The minimum initial investment amount for the Wellington Premium Income Fund managed fund is $5,000.

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.