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  5. Macquarie Life Mstr - Enhanced Balanced Fund - Managed fund profile

Macquarie Life Mstr - Enhanced Balanced Fund - Managed Fund (Closed)

Fund Objective
Aims to outperform its structured benchmark over the medium term (before fees).
Fund Strategy
Active management of each asset class. We use an active asset allocation process with a quantitatively-based approach to forecast asset returns, including a forward-looking view of risk. Macquarie may from time to time employ the use of external managers selected through our best-of-breed manager program. External managers are currently used for global equities and some components of global fixed interest. Exposure to alternative assets, such as venture and development capital and public infrastructure, through a fund-of-funds approach.

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 -1.77% -0.94% 1.99% 12.63% 12.26% 12.92% -% -%
Growth return -1.77% -0.94% 1.99% 12.63% 12.26% 12.92% -% -%
Income return 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 31 Jul 2007. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Life Mstr - Enhanced Balanced Fund
Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.57%
Australian Equities
27.51%
International Equities
34.07%
Property
6.79%
Fixed Interest
21.68%
Alternatives
4.38%

General Information

Fund Details
Type Description
Macquarie Life Mstr - Enhanced Balanced Fund (Wholesale)
Closed
Macquarie Life Limited
MAQ0318AU
Multisector Growth
starstarstar (as at 31 Jul 2007)
Superannuation Fund
1 Oct 2001
n/a
$1.502 (as at 17 Aug 2007)
$1.496 (as at 17 Aug 2007)
Finalised
Offer information
Type Description
MER 0.70% (as at 30 Jun 2004)
Indirect Cost Ratio (ICR) 0.70% (as at 30 Jun 2008)
Minimum initial investment $250,000

FAQs about the Macquarie Life Mstr - Enhanced Balanced Fund

The objective of the Macquarie Life Mstr - Enhanced Balanced Fund managed fund is Aims to outperform its structured benchmark over the medium term (before fees).

The strategy of the Macquarie Life Mstr - Enhanced Balanced Fund managed fund is Active management of each asset class. We use an active asset allocation process with a quantitatively-based approach to forecast asset returns, including a forward-looking view of risk. Macquarie may from time to time employ the use of external managers selected through our best-of-breed manager program. External managers are currently used for global equities and some components of global fixed interest. Exposure to alternative assets, such as venture and development capital and public infrastructure, through a fund-of-funds approach.

The APIR code of the Macquarie Life Mstr - Enhanced Balanced Fund managed fund is MAQ0318AU.

Macquarie Life Mstr - Enhanced Balanced Fund’s total return last month was -1.77%. This was made up of a growth return of -1.77% and an income return of 0%. These returns were calculated as at 31 Jul 2007.

Macquarie Life Mstr - Enhanced Balanced Fund’s total return for the last three months was -0.94%. This was made up of a growth return of -0.94% and an income return of 0%%. These returns were calculated as at 31 Jul 2007.

Macquarie Life Mstr - Enhanced Balanced Fund’s one-year total return is 12.63%. This was made up of a growth return of 12.63% and an income return of 0%. These returns were calculated as at 31 Jul 2007.

Macquarie Life Mstr - Enhanced Balanced Fund’s one-year total return is 12.92%. This was made up of a growth return of 12.92% and an income return of 0%. These returns were calculated as at 31 Jul 2007.

The asset allocation of the Macquarie Life Mstr - Enhanced Balanced Fund managed fund is :

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

The Responsible Entity for the Macquarie Life Mstr - Enhanced Balanced Fund managed fund is Macquarie Life Limited.

The Macquarie Life Mstr - Enhanced Balanced Fund managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Aug 2007, the size of the Macquarie Life Mstr - Enhanced Balanced Fund managed fund was $ million.

The Macquarie Life Mstr - Enhanced Balanced Fund managed fund has an inception date of 1 Oct 2001.

The current entry price of the Macquarie Life Mstr - Enhanced Balanced Fund managed fund is $1.502 per unit and the current exit price is $1.496 per unit (as at 17 Aug 2007).

The current exit price of the Macquarie Life Mstr - Enhanced Balanced Fund managed fund is $1.496 per unit and the current entry price is $1.502 per unit (as at 17 Aug 2007).

The minimum initial investment amount for the Macquarie Life Mstr - Enhanced Balanced Fund managed fund is $250,000.

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.