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  5. Balmain (MWMT) Mortgage Trust IDPS - Managed fund profile

Balmain (MWMT) Mortgage Trust IDPS - Managed Fund (Closed)

Fund Objective
To outperform the UBS 90 Bank bill rate plus 0.50%
Fund Strategy
The fund invests in diversified book of 1st registered mortgages.

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 0.43% 1.28% 22.88% 24.02% 12.16% 8.44% 7.2% 6.95%
Growth return -0.02% -0.02% -0.01% -0.01% -0.01% -0.41% -0.13% -0.23%
Income return 0.45% 1.3% 22.89% 24.03% 12.17% 8.85% 7.33% 7.18%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.12% 2.23% 4.45% 4.05% 2.94% 1.87% 1.92%
As at 31 May 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Balmain (MWMT) Mortgage Trust IDPS
Cash
26.28%
Fixed Interest
73.72%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
26.17%
Fixed Interest
73.37%
Australian Equities
0.39%
International Equities
0.05%
Alternatives
0.03%

General Information

Fund Details
Type Description
Balmain (MWMT) Mortgage Trust IDPS
Closed
Balmain Fund Administration Ltd
MRN0003AU
Mortgages
starstarstarstarstar (as at 28 Feb 2011)
Investment Fund
28 Feb 2005
$20.17 million (as at 31 Aug 2014)
$0.9921 (as at 31 May 2016)
$0.9921 (as at 31 May 2016)
Finalised
Offer information
Type Description
MER 1% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1% (as at 30 Jun 2011)
Minimum initial investment $1,000.00
Minimum additional investments $500.00

FAQs about the Balmain (MWMT) Mortgage Trust IDPS

The objective of the Balmain (MWMT) Mortgage Trust IDPS managed fund is To outperform the UBS 90 Bank bill rate plus 0.50%

The strategy of the Balmain (MWMT) Mortgage Trust IDPS managed fund is The fund invests in diversified book of 1st registered mortgages.

The APIR code of the Balmain (MWMT) Mortgage Trust IDPS managed fund is MRN0003AU.

Balmain (MWMT) Mortgage Trust IDPS’s total return last month was 0.43%. This was made up of a growth return of -0.02% and an income return of 0.45%. These returns were calculated as at 31 May 2016.

Balmain (MWMT) Mortgage Trust IDPS’s total return for the last three months was 1.28%. This was made up of a growth return of -0.02% and an income return of 1.3%%. These returns were calculated as at 31 May 2016.

Balmain (MWMT) Mortgage Trust IDPS’s one-year total return is 24.02%. This was made up of a growth return of -0.01% and an income return of 24.03%. These returns were calculated as at 31 May 2016.

Balmain (MWMT) Mortgage Trust IDPS’s one-year total return is 8.44%. This was made up of a growth return of -0.41% and an income return of 8.85%. These returns were calculated as at 31 May 2016.

The asset allocation of the Balmain (MWMT) Mortgage Trust IDPS managed fund is :

Cash
26.28%
Fixed Interest
73.72%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Balmain (MWMT) Mortgage Trust IDPS managed fund is Balmain Fund Administration Ltd.

The Balmain (MWMT) Mortgage Trust IDPS managed fund belongs to the Mortgages sector/asset class.

As at 31 Aug 2014, the size of the Balmain (MWMT) Mortgage Trust IDPS managed fund was $20.17 million.

The Balmain (MWMT) Mortgage Trust IDPS managed fund has an inception date of 28 Feb 2005.

The current entry price of the Balmain (MWMT) Mortgage Trust IDPS managed fund is $0.9921 per unit and the current exit price is $0.9921 per unit (as at 31 May 2016).

The current exit price of the Balmain (MWMT) Mortgage Trust IDPS managed fund is $0.9921 per unit and the current entry price is $0.9921 per unit (as at 31 May 2016).

The minimum initial investment amount for the Balmain (MWMT) Mortgage Trust IDPS managed fund is $1,000. Minimum additional investment is $500.

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.