InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. IOOF MIM Australian Liquids Fund - Managed fund profile

IOOF MIM Australian Liquids Fund - Managed Fund (Closed)

Fund Objective
The primary objective is to achieve no loss of original capital and return at least cash rates as measured by the UBSWA Bank Bill Index over rolling 1 year periods. The secondary objective is to achieve a return that compares favourably to the 5 largest retail cash management trusts in Australia over rolling 1 year periods.
Fund Strategy
Invests in cash and short-term money-market investments.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.15% 0.58% 1.49% 4.35% 5.22% 5.44% 5.41% -%
Growth return 0.15% 0.58% -1.4% -2.52% -1.11% -0.75% 0.03% -%
Income return 0% 0% 2.89% 6.87% 6.33% 6.19% 5.38% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 31 Mar 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF MIM Australian Liquids Fund
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
44.79%
Australian Equities
3.95%
International Equities
6.74%
Property & Infrastructure
1.44%
Fixed Interest
20.69%
Alternatives
22.40%

General Information

Fund Details
Type Description
IOOF MIM Australian Liquids Fund
Closed
IOOF Investment Management Limited
AMG0123AU
Australian Cash
starstarstarstarstar (as at 31 Mar 2008)
Investment Fund
28 May 1997
$13.83 million (as at 31 Mar 2008)
$1.2134 (as at 28 Apr 2008)
$1.2114 (as at 28 Apr 2008)
Finalised
Offer information
Type Description
MER 0.35% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 0.35% (as at 30 Jun 2007)
Minimum initial investment $100.00

FAQs about the IOOF MIM Australian Liquids Fund

The objective of the IOOF MIM Australian Liquids Fund managed fund is The primary objective is to achieve no loss of original capital and return at least cash rates as measured by the UBSWA Bank Bill Index over rolling 1 year periods. The secondary objective is to achieve a return that compares favourably to the 5 largest retail cash management trusts in Australia over rolling 1 year periods.

The strategy of the IOOF MIM Australian Liquids Fund managed fund is Invests in cash and short-term money-market investments.

The APIR code of the IOOF MIM Australian Liquids Fund managed fund is AMG0123AU.

IOOF MIM Australian Liquids Fund’s total return last month was 0.15%. This was made up of a growth return of 0.15% and an income return of 0%. These returns were calculated as at 31 Mar 2008.

IOOF MIM Australian Liquids Fund’s total return for the last three months was 0.58%. This was made up of a growth return of 0.58% and an income return of 0%%. These returns were calculated as at 31 Mar 2008.

IOOF MIM Australian Liquids Fund’s one-year total return is 4.35%. This was made up of a growth return of -2.52% and an income return of 6.87%. These returns were calculated as at 31 Mar 2008.

IOOF MIM Australian Liquids Fund’s one-year total return is 5.44%. This was made up of a growth return of -0.75% and an income return of 6.19%. These returns were calculated as at 31 Mar 2008.

The asset allocation of the IOOF MIM Australian Liquids Fund managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the IOOF MIM Australian Liquids Fund managed fund is IOOF Investment Management Limited.

The IOOF MIM Australian Liquids Fund managed fund belongs to the Australian Cash sector/asset class.

As at 31 Mar 2008, the size of the IOOF MIM Australian Liquids Fund managed fund was $13.83 million.

The IOOF MIM Australian Liquids Fund managed fund has an inception date of 28 May 1997.

The current entry price of the IOOF MIM Australian Liquids Fund managed fund is $1.2134 per unit and the current exit price is $1.2114 per unit (as at 28 Apr 2008).

The current exit price of the IOOF MIM Australian Liquids Fund managed fund is $1.2114 per unit and the current entry price is $1.2134 per unit (as at 28 Apr 2008).

The minimum initial investment amount for the IOOF MIM Australian Liquids Fund managed fund is $100.

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.