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  5. IOOF GSS Colonial F.S. Wholesale Income - Managed fund profile

IOOF GSS Colonial F.S. Wholesale Income - Managed Fund (Closed)

Fund Objective
To provide a consistent monthly income, while minimising the risk of capital loss, by predominantly investing in a broad selection of Australian based mortgages, Australian and international fixed interest investments and cash.
Fund Strategy
The option's strategy is to invest in a broad selection of Australian-based mortgages, Australian and international fixed interest investments and cash, placing emphasis on the management of credit risk. This option does not generally directly purchase securities that give rise to material currency risk. The option aims to hedge any currency risk that occurs.

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 -0.06% 0.44% 1.3% 5.36% 2.85% 3.2% 3.96% -%
Growth return -0.06% 0.44% 1.3% 5.36% 2.85% 3.2% 3.96% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
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 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF GSS Colonial F.S. Wholesale Income
Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
26.17%
Australian Equities
0.39%
International Equities
0.05%
Fixed Interest
73.37%
Alternatives
0.03%

General Information

Fund Details
Type Description
IOOF GSS Colonial F.S. Wholesale Income
Closed
IOOF Global One Limited
ASK0169AU
Mortgages
starstarstar (as at 28 Feb 2010)
Superannuation Fund
22 May 2002
$1.85 million (as at 28 Feb 2010)
$13.74926 (as at 26 Feb 2010)
$13.70807 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 0.89% (as at 30 Jun 2004)
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2009)
Minimum initial investment $3,000.00

FAQs about the IOOF GSS Colonial F.S. Wholesale Income

The objective of the IOOF GSS Colonial F.S. Wholesale Income managed fund is To provide a consistent monthly income, while minimising the risk of capital loss, by predominantly investing in a broad selection of Australian based mortgages, Australian and international fixed interest investments and cash.

The strategy of the IOOF GSS Colonial F.S. Wholesale Income managed fund is The option's strategy is to invest in a broad selection of Australian-based mortgages, Australian and international fixed interest investments and cash, placing emphasis on the management of credit risk. This option does not generally directly purchase securities that give rise to material currency risk. The option aims to hedge any currency risk that occurs.

The APIR code of the IOOF GSS Colonial F.S. Wholesale Income managed fund is ASK0169AU.

IOOF GSS Colonial F.S. Wholesale Income’s total return last month was -0.06%. This was made up of a growth return of -0.06% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF GSS Colonial F.S. Wholesale Income’s total return for the last three months was 0.44%. This was made up of a growth return of 0.44% and an income return of 0%%. These returns were calculated as at 28 Feb 2010.

IOOF GSS Colonial F.S. Wholesale Income’s one-year total return is 5.36%. This was made up of a growth return of 5.36% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF GSS Colonial F.S. Wholesale Income’s one-year total return is 3.2%. This was made up of a growth return of 3.2% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF GSS Colonial F.S. Wholesale Income managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the IOOF GSS Colonial F.S. Wholesale Income managed fund is IOOF Global One Limited.

The IOOF GSS Colonial F.S. Wholesale Income managed fund belongs to the Mortgages sector/asset class.

As at 28 Feb 2010, the size of the IOOF GSS Colonial F.S. Wholesale Income managed fund was $1.85 million.

The IOOF GSS Colonial F.S. Wholesale Income managed fund has an inception date of 22 May 2002.

The current entry price of the IOOF GSS Colonial F.S. Wholesale Income managed fund is $13.74926 per unit and the current exit price is $13.70807 per unit (as at 26 Feb 2010).

The current exit price of the IOOF GSS Colonial F.S. Wholesale Income managed fund is $13.70807 per unit and the current entry price is $13.74926 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF GSS Colonial F.S. Wholesale Income 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.