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  5. ipac Pathways International Shares - Unhedged - Managed fund profile

ipac Pathways International Shares - Unhedged - Managed Fund (Closed)

Fund Objective
Aims to provide high growth in your investment over the long-term by investing in shares and other securities issued mainly by companies listed in major overseas markets. This portfolio provides significant exposure to currency movements.
Fund Strategy
Will predominantly consist of shares and other securities of companies which are listed or about to be listed on stock exchanges in major industrial countries. Foreign currencies are not normally hedged.

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 1.68% 1.44% -2.9% -7.8% 10.89% 7.98% 9.58% 12.87%
Growth return 1.68% -21.1% -24.47% -28.29% -5.1% -7.04% -2.02% 0.17%
Income return 0% 22.54% 21.57% 20.49% 15.99% 15.02% 11.6% 12.7%
Market index (MSCI World Ex Australia NR AUD)
Total return 0.92% 6.62% 5.1% 20.06% 19.45% 20.5% 15.74% 12.6%
As at 31 Aug 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ipac Pathways International Shares - Unhedged
International Equities
100%
Australian Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.50%
Australian Equities
1.45%
Cash
1.75%
Property & Infrastructure
1.15%
Fixed Interest
0%
Alternatives
0.14%

General Information

Fund Details
Type Description
ipac Pathways International Shares - Unhedged (Wholesale)
Closed
IPAC Asset Management Limited
IPA0053AU
Equity World Large Blend
starstarstar (as at 31 Aug 2022)
Investment Fund
10 Jul 2003
$6 million (as at 31 Aug 2022)
$0.66212 (as at 12 Sep 2022)
$0.66014 (as at 12 Sep 2022)
Finalised
Offer information
Type Description
MER 1.74% (as at 30 Sep 2022)
Indirect Cost Ratio (ICR) 1.74% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

FAQs about the ipac Pathways International Shares - Unhedged

The objective of the ipac Pathways International Shares - Unhedged managed fund is Aims to provide high growth in your investment over the long-term by investing in shares and other securities issued mainly by companies listed in major overseas markets. This portfolio provides significant exposure to currency movements.

The strategy of the ipac Pathways International Shares - Unhedged managed fund is Will predominantly consist of shares and other securities of companies which are listed or about to be listed on stock exchanges in major industrial countries. Foreign currencies are not normally hedged.

The APIR code of the ipac Pathways International Shares - Unhedged managed fund is IPA0053AU.

ipac Pathways International Shares - Unhedged’s total return last month was 1.68%. This was made up of a growth return of 1.68% and an income return of 0%. These returns were calculated as at 31 Aug 2022.

ipac Pathways International Shares - Unhedged’s total return for the last three months was 1.44%. This was made up of a growth return of -21.1% and an income return of 22.54%%. These returns were calculated as at 31 Aug 2022.

ipac Pathways International Shares - Unhedged’s one-year total return is -7.8%. This was made up of a growth return of -28.29% and an income return of 20.49%. These returns were calculated as at 31 Aug 2022.

ipac Pathways International Shares - Unhedged’s one-year total return is 7.98%. This was made up of a growth return of -7.04% and an income return of 15.02%. These returns were calculated as at 31 Aug 2022.

The asset allocation of the ipac Pathways International Shares - Unhedged managed fund is :

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

The Responsible Entity for the ipac Pathways International Shares - Unhedged managed fund is IPAC Asset Management Limited.

The ipac Pathways International Shares - Unhedged managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Aug 2022, the size of the ipac Pathways International Shares - Unhedged managed fund was $6 million.

The ipac Pathways International Shares - Unhedged managed fund has an inception date of 10 Jul 2003.

The current entry price of the ipac Pathways International Shares - Unhedged managed fund is $0.66212 per unit and the current exit price is $0.66014 per unit (as at 12 Sep 2022).

The current exit price of the ipac Pathways International Shares - Unhedged managed fund is $0.66014 per unit and the current entry price is $0.66212 per unit (as at 12 Sep 2022).

The minimum initial investment amount for the ipac Pathways International Shares - Unhedged managed fund is $500,000. Minimum additional investment is $5000.

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.