InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Macquarie International Enhanced Equity - Managed fund profile

Macquarie International Enhanced Equity - Managed Fund (Closed)

Fund Objective
The Macquarie International Enhanced Equities Fund aims to outperform the MSCI World ex-Australia Net Dividends Reinvested Index in $A (unhedged) over the long term (before fees) by using an enhanced index investment strategy. This Fund is not a suitable short term investment.
Fund Strategy
To maintain liquidity without being under-invested, the Fund may use derivatives to gain exposure to some markets and currencies without investing directly in shares.

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 -2.69% 3.87% 6.62% 1.23% 7.63% -3.73% -5.14% -3.35%
Growth return -2.69% 3.87% 6.62% 0.83% 5.71% -8.04% -11.04% -6.93%
Income return 0% 0% 0% 0.4% 1.92% 4.31% 5.9% 3.58%
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 Mar 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie International Enhanced Equity
International Equities
99.67%
Cash
0.33%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.48%
Cash
1.77%
Australian Equities
1.45%
Property & Infrastructure
1.15%
Fixed Interest
0%
Alternatives
0.14%

General Information

Fund Details
Type Description
Macquarie International Enhanced Equity (Wholesale)
Closed
Macquarie Investment Management Aus Ltd.
MAQ0021AU
Equity World Large Blend
starstarstarstar (as at 31 Mar 2011)
Investment Fund
11 Oct 2000
$4.27 million (as at 31 Mar 2011)
$0.4539 (as at 12 Apr 2011)
$0.4511 (as at 12 Apr 2011)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.13% (as at 30 Jun 2010)
Minimum initial investment $500,000

FAQs about the Macquarie International Enhanced Equity

The objective of the Macquarie International Enhanced Equity managed fund is The Macquarie International Enhanced Equities Fund aims to outperform the MSCI World ex-Australia Net Dividends Reinvested Index in $A (unhedged) over the long term (before fees) by using an enhanced index investment strategy. This Fund is not a suitable short term investment.

The strategy of the Macquarie International Enhanced Equity managed fund is To maintain liquidity without being under-invested, the Fund may use derivatives to gain exposure to some markets and currencies without investing directly in shares.

The APIR code of the Macquarie International Enhanced Equity managed fund is MAQ0021AU.

Macquarie International Enhanced Equity’s total return last month was -2.69%. This was made up of a growth return of -2.69% and an income return of 0%. These returns were calculated as at 31 Mar 2011.

Macquarie International Enhanced Equity’s total return for the last three months was 3.87%. This was made up of a growth return of 3.87% and an income return of 0%%. These returns were calculated as at 31 Mar 2011.

Macquarie International Enhanced Equity’s one-year total return is 1.23%. This was made up of a growth return of 0.83% and an income return of 0.4%. These returns were calculated as at 31 Mar 2011.

Macquarie International Enhanced Equity’s one-year total return is -3.73%. This was made up of a growth return of -8.04% and an income return of 4.31%. These returns were calculated as at 31 Mar 2011.

The asset allocation of the Macquarie International Enhanced Equity managed fund is :

International Equities
99.67%
Cash
0.33%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Macquarie International Enhanced Equity managed fund is Macquarie Investment Management Aus Ltd..

The Macquarie International Enhanced Equity managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Mar 2011, the size of the Macquarie International Enhanced Equity managed fund was $4.27 million.

The Macquarie International Enhanced Equity managed fund has an inception date of 11 Oct 2000.

The current entry price of the Macquarie International Enhanced Equity managed fund is $0.4539 per unit and the current exit price is $0.4511 per unit (as at 12 Apr 2011).

The current exit price of the Macquarie International Enhanced Equity managed fund is $0.4511 per unit and the current entry price is $0.4539 per unit (as at 12 Apr 2011).

The minimum initial investment amount for the Macquarie International Enhanced Equity managed fund is $500,000.

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.