InvestSMART

Aberdeen Income - Managed Fund (Closed)

Fund Objective
The investment objective of the Fund is to outperform the benchmark, the UBS Australian Bank Bill Index, before fees, when measured over rolling twelve month periods.
Fund Strategy
To provide a reasonable level of income with the prospect of rising income and capital growth. The investment policy is to invest primarily in UK Equity Securities, but the Fund may also invest in companies overseas, in companies quoted on the Alternative Investment Market and in higher yielding equities, convertibles, preference shares and fixed interest stocks. The Fund may also invest in money market instruments, deposits and units in collective investment schemes.

Fund Performance Comparison

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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.
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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 -0.36% 0.82% 4.05% 13.13% 1.98% 2.05% 3.67% -%
Growth return -0.36% 0.82% 4.05% 11.55% -0.7% -1.89% -1.03% -%
Income return 0% 0% 0% 1.58% 2.68% 3.94% 4.7% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.68% 1.02% 2.53% 2.44% 5.72% 3.96% -0.57% 1.94%
As at 31 May 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Aberdeen Income
Cash
58.56%
Fixed Interest
41.44%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.38%
Fixed Interest
92.39%
Australian Equities
0.06%
International Equities
0.01%
Property & Infrastructure
0%
Alternatives
2.17%

General Information

Fund Details
Type Description
Aberdeen Income
Closed
Aberdeen Asset Management Ltd
MGL0007AU
Diversified Credit
starstarstar (as at 31 May 2010)
Investment Fund
1 Jul 2004
$35.91 million (as at 30 Apr 2010)
$0.9672 (as at 17 Jun 2010)
$0.9628 (as at 17 Jun 2010)
Finalised
Offer information
Type Description
MER 0.50% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2009)
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

FAQs about the Aberdeen Income

The objective of the Aberdeen Income managed fund is The investment objective of the Fund is to outperform the benchmark, the UBS Australian Bank Bill Index, before fees, when measured over rolling twelve month periods.

The strategy of the Aberdeen Income managed fund is To provide a reasonable level of income with the prospect of rising income and capital growth. The investment policy is to invest primarily in UK Equity Securities, but the Fund may also invest in companies overseas, in companies quoted on the Alternative Investment Market and in higher yielding equities, convertibles, preference shares and fixed interest stocks. The Fund may also invest in money market instruments, deposits and units in collective investment schemes.

The APIR code of the Aberdeen Income managed fund is MGL0007AU.

Aberdeen Income’s total return last month was -0.36%. This was made up of a growth return of -0.36% and an income return of 0%. These returns were calculated as at 31 May 2010.

Aberdeen Income’s total return for the last three months was 0.82%. This was made up of a growth return of 0.82% and an income return of 0%%. These returns were calculated as at 31 May 2010.

Aberdeen Income’s one-year total return is 13.13%. This was made up of a growth return of 11.55% and an income return of 1.58%. These returns were calculated as at 31 May 2010.

Aberdeen Income’s one-year total return is 2.05%. This was made up of a growth return of -1.89% and an income return of 3.94%. These returns were calculated as at 31 May 2010.

The asset allocation of the Aberdeen Income managed fund is :

Cash
58.56%
Fixed Interest
41.44%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Aberdeen Income managed fund is Aberdeen Asset Management Ltd.

The Aberdeen Income managed fund belongs to the Diversified Credit sector/asset class.

As at 30 Apr 2010, the size of the Aberdeen Income managed fund was $35.91 million.

The Aberdeen Income managed fund has an inception date of 1 Jul 2004.

The current entry price of the Aberdeen Income managed fund is $0.9672 per unit and the current exit price is $0.9628 per unit (as at 17 Jun 2010).

The current exit price of the Aberdeen Income managed fund is $0.9628 per unit and the current entry price is $0.9672 per unit (as at 17 Jun 2010).

The minimum initial investment amount for the Aberdeen Income managed fund is $20,000. 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.