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  5. Astarra Strategic Fund Wholesale - Managed fund profile

Astarra Strategic Fund Wholesale - Managed Fund (Closed)

Fund Objective
The Fund aims to provide investors with consistent long-term capital appreciation in both rising and falling market conditions. Over the long term, the Fund is aiming to produce returns closely matching equity markets with less volatility risk.
Fund Strategy
To identify and indirectly invest in leading international absolute return managers who employ a range of absolute return styles and strategies in different markets, providing consistent and less volatile returns. The fund may make investments by indirectly investing in a wide variety of assets including shares in companies or units in other managed investment schemes.

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 0.54% 1.96% 5.77% 8% 7.5% 9.28% -% -%
Growth return 0.54% 1.96% 5.77% 8% 7.5% 9.28% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.37% 1.09% 2.19% -% 4.08% 3.08% 1.93% 1.92%
As at 30 Sep 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Astarra Strategic Fund Wholesale
Cash
2.71%
Alternatives
97.29%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
22.90%
Alternatives
26.27%
Australian Equities
5.48%
International Equities
8.96%
Property
1.84%
Fixed Interest
34.55%

General Information

Fund Details
Type Description
Astarra Strategic Fund Wholesale (Wholesale)
Closed
Trio Capital Limited
TOL0055AU
Alternative - Other
starstarstar (as at 31 Aug 2009)
Investment Fund
27 Oct 2005
$84.74 million (as at 30 Sep 2009)
$1.39782 (as at 30 Sep 2009)
$1.39782 (as at 30 Sep 2009)
Suppressed
Offer information
Type Description
Standard entry fee 4%
MER 0.80% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 0.69% (as at 30 Jun 2009)
Minimum initial investment $500,000
Minimum additional investments $10,000.00

FAQs about the Astarra Strategic Fund Wholesale

The objective of the Astarra Strategic Fund Wholesale managed fund is The Fund aims to provide investors with consistent long-term capital appreciation in both rising and falling market conditions. Over the long term, the Fund is aiming to produce returns closely matching equity markets with less volatility risk.

The strategy of the Astarra Strategic Fund Wholesale managed fund is To identify and indirectly invest in leading international absolute return managers who employ a range of absolute return styles and strategies in different markets, providing consistent and less volatile returns. The fund may make investments by indirectly investing in a wide variety of assets including shares in companies or units in other managed investment schemes.

The APIR code of the Astarra Strategic Fund Wholesale managed fund is TOL0055AU.

Astarra Strategic Fund Wholesale’s total return last month was 0.54%. This was made up of a growth return of 0.54% and an income return of 0%. These returns were calculated as at 30 Sep 2009.

Astarra Strategic Fund Wholesale’s total return for the last three months was 1.96%. This was made up of a growth return of 1.96% and an income return of 0%%. These returns were calculated as at 30 Sep 2009.

Astarra Strategic Fund Wholesale’s one-year total return is 8%. This was made up of a growth return of 8% and an income return of 0%. These returns were calculated as at 30 Sep 2009.

Astarra Strategic Fund Wholesale’s one-year total return is 9.28%. This was made up of a growth return of 9.28% and an income return of 0%. These returns were calculated as at 30 Sep 2009.

The asset allocation of the Astarra Strategic Fund Wholesale managed fund is :

Cash
2.71%
Alternatives
97.29%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the Astarra Strategic Fund Wholesale managed fund is Trio Capital Limited.

The Astarra Strategic Fund Wholesale managed fund belongs to the Alternative - Other sector/asset class.

As at 30 Sep 2009, the size of the Astarra Strategic Fund Wholesale managed fund was $84.74 million.

The Astarra Strategic Fund Wholesale managed fund has an inception date of 27 Oct 2005.

The current entry price of the Astarra Strategic Fund Wholesale managed fund is $1.39782 per unit and the current exit price is $1.39782 per unit (as at 30 Sep 2009).

The current exit price of the Astarra Strategic Fund Wholesale managed fund is $1.39782 per unit and the current entry price is $1.39782 per unit (as at 30 Sep 2009).

The minimum initial investment amount for the Astarra Strategic Fund Wholesale managed fund is $500,000. Minimum additional investment is $10000.

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.