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  5. AXA Wholesale Australian Diversified Property Securities - Managed fund profile

AXA Wholesale Australian Diversified Property Securities - Managed Fund (Closed)

Fund Objective
To provide unit holders with long-term capital growth and to outperform the S&P/ASX 300 Property Accumulation Index, after costs and over rolling 5 year periods.
Fund Strategy
Invests in Australian property securities trusts and companies. The Fund may invest in derivative instruments but they will not be used to gear the Fund. Investment ranges: Australian property securities 95-100%, cash and cash securities 0-5%.

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 -4.69% -9.12% -10% -7.6% -6.19% -11.48% -12.93% 1.3%
Growth return -4.69% -9.12% -11.12% -10.92% -10.22% -16.05% -21.46% -9.33%
Income return 0% 0% 1.12% 3.32% 4.03% 4.57% 8.53% 10.63%
Market index (S&P/ASX 200 A-REIT TR)
Total return -2.51% 4.46% 14.2% 52.18% 21.11% 8.02% 6.24% 9.27%
As at 30 Sep 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AXA Wholesale Australian Diversified Property Securities
Cash
0.52%
Property
99.48%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
1.83%
Property
95.02%
Australian Equities
2.12%
International Equities
0.75%
Fixed Interest
0.25%
Alternatives
0.04%

General Information

Fund Details
Type Description
AXA Wholesale Australian Diversified Property Securities
Closed
AMP-National Mutual Funds Management Ltd
NML0019AU
Equity Australia Real Estate
starstarstar (as at 30 Sep 2011)
Investment Fund
2 Aug 1993
$126.99 million (as at 30 Sep 2011)
$0.50702 (as at 10 Oct 2011)
$0.50601 (as at 10 Oct 2011)
Finalised
Offer information
Type Description
MER 0.80% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 0.83% (as at 30 Jun 2011)
Minimum initial investment $25,000

Top 10 holdings (as at 30 Sep 2011)

Holding (as at 30 Sep 2011) Type % of Portfolio
Westfield Grp Equity - REIT 28.19%
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FAQs about the AXA Wholesale Australian Diversified Property Securities

The objective of the AXA Wholesale Australian Diversified Property Securities managed fund is To provide unit holders with long-term capital growth and to outperform the S&P/ASX 300 Property Accumulation Index, after costs and over rolling 5 year periods.

The strategy of the AXA Wholesale Australian Diversified Property Securities managed fund is Invests in Australian property securities trusts and companies. The Fund may invest in derivative instruments but they will not be used to gear the Fund. Investment ranges: Australian property securities 95-100%, cash and cash securities 0-5%.

The APIR code of the AXA Wholesale Australian Diversified Property Securities managed fund is NML0019AU.

AXA Wholesale Australian Diversified Property Securities’s total return last month was -4.69%. This was made up of a growth return of -4.69% and an income return of 0%. These returns were calculated as at 30 Sep 2011.

AXA Wholesale Australian Diversified Property Securities’s total return for the last three months was -9.12%. This was made up of a growth return of -9.12% and an income return of 0%%. These returns were calculated as at 30 Sep 2011.

AXA Wholesale Australian Diversified Property Securities’s one-year total return is -7.6%. This was made up of a growth return of -10.92% and an income return of 3.32%. These returns were calculated as at 30 Sep 2011.

AXA Wholesale Australian Diversified Property Securities’s one-year total return is -11.48%. This was made up of a growth return of -16.05% and an income return of 4.57%. These returns were calculated as at 30 Sep 2011.

The asset allocation of the AXA Wholesale Australian Diversified Property Securities managed fund is :

Cash
0.52%
Property
99.48%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AXA Wholesale Australian Diversified Property Securities managed fund is AMP-National Mutual Funds Management Ltd.

The AXA Wholesale Australian Diversified Property Securities managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 30 Sep 2011, the size of the AXA Wholesale Australian Diversified Property Securities managed fund was $126.99 million.

The AXA Wholesale Australian Diversified Property Securities managed fund has an inception date of 2 Aug 1993.

The current entry price of the AXA Wholesale Australian Diversified Property Securities managed fund is $0.50702 per unit and the current exit price is $0.50601 per unit (as at 10 Oct 2011).

The current exit price of the AXA Wholesale Australian Diversified Property Securities managed fund is $0.50601 per unit and the current entry price is $0.50702 per unit (as at 10 Oct 2011).

The minimum initial investment amount for the AXA Wholesale Australian Diversified Property Securities managed fund is $25,000.

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.