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  5. Advance MultiFund Australian Extra Growth Shares - Managed fund profile

Advance MultiFund Australian Extra Growth Shares - Managed Fund (Closed)

Fund Objective
A diversified growth based share trust aiming to achieve long term capital growth together with tax effective half yearly income distributions. AAM aims to provide investors with a total investment return that out performs the All Ordinaries Accumulation Index over periods in the order of five years.
Fund Strategy
Invests in a diversified range of shares and other securities listed on the Australian Stock Exchange. The Fund may invest in option and futures contracts and other derivatives. AAM currently retains the services of County NatWest and Maple-Brown Abbott as Portfolio Manager.

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 -0.56% 2.5% 6% 18.59% -% -% -% -%
Growth return -0.56% 2.5% 6% 16.75% -% -% -% -%
Income return 0% 0% 0% 1.84% -% -% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 31 Mar 1996. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Australian Equities
93.39%
International Equities
4.21%
Cash
-0.12%
Property
2.12%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
Advance MultiFund Australian Extra Growth Shares
Closed
Advance Asset Management Limited
ADV0026AU
Equity Australia Other
Not Rated
Investment Fund
1 Jun 1994
$1.43 million (as at 31 Mar 1996)
n/a
$1.1726 (as at 30 Apr 1996)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 2% (as at 30 Jun 1995)
Minimum initial investment $1,000.00

FAQs about the Advance MultiFund Australian Extra Growth Shares

The objective of the Advance MultiFund Australian Extra Growth Shares managed fund is A diversified growth based share trust aiming to achieve long term capital growth together with tax effective half yearly income distributions. AAM aims to provide investors with a total investment return that out performs the All Ordinaries Accumulation Index over periods in the order of five years.

The strategy of the Advance MultiFund Australian Extra Growth Shares managed fund is Invests in a diversified range of shares and other securities listed on the Australian Stock Exchange. The Fund may invest in option and futures contracts and other derivatives. AAM currently retains the services of County NatWest and Maple-Brown Abbott as Portfolio Manager.

The APIR code of the Advance MultiFund Australian Extra Growth Shares managed fund is ADV0026AU.

Advance MultiFund Australian Extra Growth Shares’s total return last month was -0.56%. This was made up of a growth return of -0.56% and an income return of 0%. These returns were calculated as at 31 Mar 1996.

Advance MultiFund Australian Extra Growth Shares’s total return for the last three months was 2.5%. This was made up of a growth return of 2.5% and an income return of 0%%. These returns were calculated as at 31 Mar 1996.

Advance MultiFund Australian Extra Growth Shares’s one-year total return is 18.59%. This was made up of a growth return of 16.75% and an income return of 1.84%. These returns were calculated as at 31 Mar 1996.

Advance MultiFund Australian Extra Growth Shares’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 Mar 1996.

The asset allocation of the Advance MultiFund Australian Extra Growth Shares managed fund is :

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

The Responsible Entity for the Advance MultiFund Australian Extra Growth Shares managed fund is Advance Asset Management Limited.

The Advance MultiFund Australian Extra Growth Shares managed fund belongs to the Equity Australia Other sector/asset class.

As at 31 Mar 1996, the size of the Advance MultiFund Australian Extra Growth Shares managed fund was $1.43 million.

The Advance MultiFund Australian Extra Growth Shares managed fund has an inception date of 1 Jun 1994.

The current entry price of the Advance MultiFund Australian Extra Growth Shares managed fund is $ per unit and the current exit price is $1.1726 per unit (as at 30 Apr 1996).

The current exit price of the Advance MultiFund Australian Extra Growth Shares managed fund is $1.1726 per unit and the current entry price is $ per unit (as at 30 Apr 1996).

The minimum initial investment amount for the Advance MultiFund Australian Extra Growth Shares managed fund is $1,000.

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.