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  5. IOOF/Perennial Flexible International - Managed fund profile

IOOF/Perennial Flexible International - Managed Fund (Closed)

Fund Objective
The aim of the Fund is to achieve absolute returns in excess of the MSCI All Country World Net Index in AUD over the investment cycle (typically 3-5 years).
Fund Strategy
The Fund typically invests in a select number of attractively valued companies listed on global share markets (usually a minimum of 30 long holdings). The Fund may use derivatives predominantly to establish short positions in securities or market indices and thus reduce the Fund's net exposure to markets, and to hedge currencies. Derivatives may also be used to amplify high conviction ideas. In the absence of finding individual securities that meet Antipodes' investment criteria, cash may be held.

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 3.57% 10.25% 18.93% 16.27% 31% 25.22% 10.79% 3.53%
Growth return 3.57% 10.25% 18.93% 16.27% 31% 25.22% 10.79% 3.41%
Income return 0% 0% 0% 0% 0% 0% 0% 0.12%
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 31 Dec 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF/Perennial Flexible International
International Equities
61.41%
Cash
38.59%
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/Perennial Flexible International
Closed
IOOF Investment Management Limited
IOF0016AU
Equity World Large Growth
starstarstar (as at 31 Dec 2014)
Investment Fund
5 Aug 1988
$0.59 million (as at 31 Dec 2014)
$1.1669 (as at 14 Jan 2015)
$1.1669 (as at 14 Jan 2015)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.84% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.83% (as at 30 Jun 2015)
Minimum initial investment $2,000.00
Minimum additional investments $500.00

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
Microsoft Corp Equity 3.31%
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FAQs about the IOOF/Perennial Flexible International

The objective of the IOOF/Perennial Flexible International managed fund is The aim of the Fund is to achieve absolute returns in excess of the MSCI All Country World Net Index in AUD over the investment cycle (typically 3-5 years).

The strategy of the IOOF/Perennial Flexible International managed fund is The Fund typically invests in a select number of attractively valued companies listed on global share markets (usually a minimum of 30 long holdings). The Fund may use derivatives predominantly to establish short positions in securities or market indices and thus reduce the Fund's net exposure to markets, and to hedge currencies. Derivatives may also be used to amplify high conviction ideas. In the absence of finding individual securities that meet Antipodes' investment criteria, cash may be held.

The APIR code of the IOOF/Perennial Flexible International managed fund is IOF0016AU.

IOOF/Perennial Flexible International’s total return last month was 3.57%. This was made up of a growth return of 3.57% and an income return of 0%. These returns were calculated as at 31 Dec 2014.

IOOF/Perennial Flexible International’s total return for the last three months was 10.25%. This was made up of a growth return of 10.25% and an income return of 0%%. These returns were calculated as at 31 Dec 2014.

IOOF/Perennial Flexible International’s one-year total return is 16.27%. This was made up of a growth return of 16.27% and an income return of 0%. These returns were calculated as at 31 Dec 2014.

IOOF/Perennial Flexible International’s one-year total return is 25.22%. This was made up of a growth return of 25.22% and an income return of 0%. These returns were calculated as at 31 Dec 2014.

The asset allocation of the IOOF/Perennial Flexible International managed fund is :

International Equities
61.41%
Cash
38.59%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the IOOF/Perennial Flexible International managed fund is IOOF Investment Management Limited.

The IOOF/Perennial Flexible International managed fund belongs to the Equity World Large Growth sector/asset class.

As at 31 Dec 2014, the size of the IOOF/Perennial Flexible International managed fund was $0.59 million.

The IOOF/Perennial Flexible International managed fund has an inception date of 5 Aug 1988.

The current entry price of the IOOF/Perennial Flexible International managed fund is $1.1669 per unit and the current exit price is $1.1669 per unit (as at 14 Jan 2015).

The current exit price of the IOOF/Perennial Flexible International managed fund is $1.1669 per unit and the current entry price is $1.1669 per unit (as at 14 Jan 2015).

The minimum initial investment amount for the IOOF/Perennial Flexible International managed fund is $2,000. Minimum additional investment is $500.

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.