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  5. EQT Intrinsic Value International Shrmkt PLUS - Managed fund profile

EQT Intrinsic Value International Shrmkt PLUS - Managed Fund (Closed)

Fund Objective
To provide investors with exposure to selected international sharemarkets of developed countries, excluding Australia, plus investment into cash. The PLUS Fund endeavours to achieve this by holding investments in a minimum of 6 and up to a maximum of 22 sharemarkets at any time plus cash which may be up to 75% of the PLUS Fund. The PLUS Fund may hedge currency exposure from time to time.
Fund Strategy
The Fund has an investment universe comprising 22 developed economies and may invest in as few as six countries and as many as 22 at any particular time. The Fund invests unemotionally and systematically in economies with high Intrinsic Value while avoiding countries with low Intrinsic Value. Exposure to any one country may be zero, or as much as that countries Market capitalisation plus 20%. ie: If their UK markets market capitalisation was say, 10%, the maximum holding this fund may have in the UK would be 30%.

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 -1.65% 0.51% 3.3% -8.79% -5.88% -2.01% -6.82% -%
Growth return -1.65% 0.51% 3.3% -11.2% -10.62% -5.85% -11.72% -%
Income return 0% 0% 0% 2.41% 4.74% 3.84% 4.9% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 31 May 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

EQT Intrinsic Value International Shrmkt PLUS
International Equities
91.54%
Cash
8.46%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.18%
Cash
2.48%
Australian Equities
2.64%
Property
1.50%
Fixed Interest
0.11%
Alternatives
0.09%

General Information

Fund Details
Type Description
EQT Intrinsic Value International Shrmkt PLUS
Closed
Equity Trustees Ltd
ETL0057AU
Equity World Large Blend
starstarstar (as at 31 May 2012)
Investment Fund
7 Oct 2005
$38.09 million (as at 31 May 2012)
$0.6274 (as at 31 May 2012)
$0.6262 (as at 31 May 2012)
Finalised
Offer information
Type Description
MER 1.76% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.38% (as at 30 Jun 2011)
Minimum initial investment $20,000
Minimum additional investments $10,000.00

Top 10 holdings (as at 31 May 2012)

Holding (as at 31 May 2012) Type % of Portfolio
Morgan Stanley Cap Mutual Fund - Unspecified 68.85%
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FAQs about the EQT Intrinsic Value International Shrmkt PLUS

The objective of the EQT Intrinsic Value International Shrmkt PLUS managed fund is To provide investors with exposure to selected international sharemarkets of developed countries, excluding Australia, plus investment into cash. The PLUS Fund endeavours to achieve this by holding investments in a minimum of 6 and up to a maximum of 22 sharemarkets at any time plus cash which may be up to 75% of the PLUS Fund. The PLUS Fund may hedge currency exposure from time to time.

The strategy of the EQT Intrinsic Value International Shrmkt PLUS managed fund is The Fund has an investment universe comprising 22 developed economies and may invest in as few as six countries and as many as 22 at any particular time. The Fund invests unemotionally and systematically in economies with high Intrinsic Value while avoiding countries with low Intrinsic Value. Exposure to any one country may be zero, or as much as that countries Market capitalisation plus 20%. ie: If their UK markets market capitalisation was say, 10%, the maximum holding this fund may have in the UK would be 30%.

The APIR code of the EQT Intrinsic Value International Shrmkt PLUS managed fund is ETL0057AU.

EQT Intrinsic Value International Shrmkt PLUS’s total return last month was -1.65%. This was made up of a growth return of -1.65% and an income return of 0%. These returns were calculated as at 31 May 2012.

EQT Intrinsic Value International Shrmkt PLUS’s total return for the last three months was 0.51%. This was made up of a growth return of 0.51% and an income return of 0%%. These returns were calculated as at 31 May 2012.

EQT Intrinsic Value International Shrmkt PLUS’s one-year total return is -8.79%. This was made up of a growth return of -11.2% and an income return of 2.41%. These returns were calculated as at 31 May 2012.

EQT Intrinsic Value International Shrmkt PLUS’s one-year total return is -2.01%. This was made up of a growth return of -5.85% and an income return of 3.84%. These returns were calculated as at 31 May 2012.

The asset allocation of the EQT Intrinsic Value International Shrmkt PLUS managed fund is :

International Equities
91.54%
Cash
8.46%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the EQT Intrinsic Value International Shrmkt PLUS managed fund is Equity Trustees Ltd.

The EQT Intrinsic Value International Shrmkt PLUS managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 May 2012, the size of the EQT Intrinsic Value International Shrmkt PLUS managed fund was $38.09 million.

The EQT Intrinsic Value International Shrmkt PLUS managed fund has an inception date of 7 Oct 2005.

The current entry price of the EQT Intrinsic Value International Shrmkt PLUS managed fund is $0.6274 per unit and the current exit price is $0.6262 per unit (as at 31 May 2012).

The current exit price of the EQT Intrinsic Value International Shrmkt PLUS managed fund is $0.6262 per unit and the current entry price is $0.6274 per unit (as at 31 May 2012).

The minimum initial investment amount for the EQT Intrinsic Value International Shrmkt PLUS managed fund is $20,000. 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.