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  5. IOOF OCS JBWere Diversified Growth - Managed fund profile

IOOF OCS JBWere Diversified Growth - Managed Fund (Closed)

Fund Objective
To achieve medium term capital growth and to provide some income by investing in a range of Australian and international assets.
Fund Strategy
The Fund invests in a range of assets including Australian and international equities, property securities, government bonds, corporate and high yield debt products, and cash and cash equivalents. It invests 30% - 50% of assets in Australian equities, 15% - 35% in International equities, 0% - 15% in Property securities, 10% - 30% in Australian fixed interest securities, 0% -15% in Global high yield securities and 0% -15% in Cash. With a bias towards growth assets, which could be expected to comprise between 60% and 80% of the portfolio.

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 1.87% 0.53% 2.18% 21.44% -1.86% -3.59% 2.7% -%
Growth return 1.87% 0.53% 2.18% 21.44% -1.86% -3.59% 2.7% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -0.43% 1.58% 7.38% 20.91% 12.04% 5.34% 6.61% 7.49%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF OCS JBWere Diversified Growth
Australian Equities
41.65%
International Equities
27.59%
Cash
1.46%
Property
3.19%
Fixed Interest
26.11%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.54%
International Equities
34.01%
Cash
5.65%
Property
6.82%
Fixed Interest
21.54%
Alternatives
4.45%

General Information

Fund Details
Type Description
IOOF OCS JBWere Diversified Growth (Wholesale)
Closed
IOOF Global One Limited
ASK0472AU
Multisector Growth
starstarstar (as at 28 Feb 2010)
Superannuation Fund
2 Jun 2003
$0.16 million (as at 28 Feb 2010)
$14.03515 (as at 26 Feb 2010)
$13.97912 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
MER 2.20% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 2.18% (as at 30 Jun 2009)
Minimum initial investment $100,000

FAQs about the IOOF OCS JBWere Diversified Growth

The objective of the IOOF OCS JBWere Diversified Growth managed fund is To achieve medium term capital growth and to provide some income by investing in a range of Australian and international assets.

The strategy of the IOOF OCS JBWere Diversified Growth managed fund is The Fund invests in a range of assets including Australian and international equities, property securities, government bonds, corporate and high yield debt products, and cash and cash equivalents. It invests 30% - 50% of assets in Australian equities, 15% - 35% in International equities, 0% - 15% in Property securities, 10% - 30% in Australian fixed interest securities, 0% -15% in Global high yield securities and 0% -15% in Cash. With a bias towards growth assets, which could be expected to comprise between 60% and 80% of the portfolio.

The APIR code of the IOOF OCS JBWere Diversified Growth managed fund is ASK0472AU.

IOOF OCS JBWere Diversified Growth’s total return last month was 1.87%. This was made up of a growth return of 1.87% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF OCS JBWere Diversified Growth’s total return for the last three months was 0.53%. This was made up of a growth return of 0.53% and an income return of 0%%. These returns were calculated as at 28 Feb 2010.

IOOF OCS JBWere Diversified Growth’s one-year total return is 21.44%. This was made up of a growth return of 21.44% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF OCS JBWere Diversified Growth’s one-year total return is -3.59%. This was made up of a growth return of -3.59% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF OCS JBWere Diversified Growth managed fund is :

Australian Equities
41.65%
International Equities
27.59%
Cash
1.46%
Property
3.19%
Fixed Interest
26.11%
Alternatives
0%

The Responsible Entity for the IOOF OCS JBWere Diversified Growth managed fund is IOOF Global One Limited.

The IOOF OCS JBWere Diversified Growth managed fund belongs to the Multisector Growth sector/asset class.

As at 28 Feb 2010, the size of the IOOF OCS JBWere Diversified Growth managed fund was $0.16 million.

The IOOF OCS JBWere Diversified Growth managed fund has an inception date of 2 Jun 2003.

The current entry price of the IOOF OCS JBWere Diversified Growth managed fund is $14.03515 per unit and the current exit price is $13.97912 per unit (as at 26 Feb 2010).

The current exit price of the IOOF OCS JBWere Diversified Growth managed fund is $13.97912 per unit and the current entry price is $14.03515 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF OCS JBWere Diversified Growth managed fund is $100,000.

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.