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  5. IOOF GIS Walter Scott Global Equity - Managed fund profile

IOOF GIS Walter Scott Global Equity - Managed Fund (Closed)

Fund Objective
The Fund aims to achieve a long-term total return (before fees and expenses) that exceeds the MSCI World ex Australia Index, in $A unhedged with net dividends reinvested (Benchmark).
Fund Strategy
The Fund provides exposure to a concentrated portfolio of global equities by investing in securities which, in Walter Scott's opinion, offer strong and sustained earnings growth. The Fund will not invest in 'tobacco' securities as defined by the Global Industry Classification Standards (GICS) or 'controversial weapons' securities as defined by MSCI, Inc.

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 0.75% 3.38% 2.13% 1.96% -0.05% -4.64% -% -%
Growth return 0.75% 3.38% 2.13% 1.38% -0.79% -5.76% -% -%
Income return 0% 0% 0% 0.58% 0.74% 1.12% -% -%
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 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF GIS Walter Scott Global Equity
International Equities
97.41%
Cash
2.59%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.20%
Cash
2.45%
Australian Equities
2.64%
Property
1.51%
Fixed Interest
0.12%
Alternatives
0.09%

General Information

Fund Details
Type Description
IOOF GIS Walter Scott Global Equity
Closed
IOOF Global One Limited
ASK0749AU
Equity World Large Growth
starstarstarstarstar (as at 28 Feb 2010)
Investment Fund
31 Oct 2005
$0.26 million (as at 28 Feb 2010)
$9.6246 (as at 26 Feb 2010)
$9.5814 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 2.10% (as at 30 Jun 2009)
Minimum initial investment $3,000.00

Top 10 holdings (as at 31 Jan 2024)

Holding (as at 31 Jan 2024) Type % of Portfolio
Novo Nordisk A/S Class B Equity 4.23%
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FAQs about the IOOF GIS Walter Scott Global Equity

The objective of the IOOF GIS Walter Scott Global Equity managed fund is The Fund aims to achieve a long-term total return (before fees and expenses) that exceeds the MSCI World ex Australia Index, in $A unhedged with net dividends reinvested (Benchmark).

The strategy of the IOOF GIS Walter Scott Global Equity managed fund is The Fund provides exposure to a concentrated portfolio of global equities by investing in securities which, in Walter Scott's opinion, offer strong and sustained earnings growth. The Fund will not invest in 'tobacco' securities as defined by the Global Industry Classification Standards (GICS) or 'controversial weapons' securities as defined by MSCI, Inc.

The APIR code of the IOOF GIS Walter Scott Global Equity managed fund is ASK0749AU.

IOOF GIS Walter Scott Global Equity’s total return last month was 0.75%. This was made up of a growth return of 0.75% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF GIS Walter Scott Global Equity’s total return for the last three months was 3.38%. This was made up of a growth return of 3.38% and an income return of 0%%. These returns were calculated as at 28 Feb 2010.

IOOF GIS Walter Scott Global Equity’s one-year total return is 1.96%. This was made up of a growth return of 1.38% and an income return of 0.58%. These returns were calculated as at 28 Feb 2010.

IOOF GIS Walter Scott Global Equity’s one-year total return is -4.64%. This was made up of a growth return of -5.76% and an income return of 1.12%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF GIS Walter Scott Global Equity managed fund is :

International Equities
97.41%
Cash
2.59%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the IOOF GIS Walter Scott Global Equity managed fund is IOOF Global One Limited.

The IOOF GIS Walter Scott Global Equity managed fund belongs to the Equity World Large Growth sector/asset class.

As at 28 Feb 2010, the size of the IOOF GIS Walter Scott Global Equity managed fund was $0.26 million.

The IOOF GIS Walter Scott Global Equity managed fund has an inception date of 31 Oct 2005.

The current entry price of the IOOF GIS Walter Scott Global Equity managed fund is $9.6246 per unit and the current exit price is $9.5814 per unit (as at 26 Feb 2010).

The current exit price of the IOOF GIS Walter Scott Global Equity managed fund is $9.5814 per unit and the current entry price is $9.6246 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF GIS Walter Scott Global Equity managed fund is $3,000.

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.