Macquarie Property Income - Managed Fund (Closed)

Fund Objective

MPIF's primary objective is to deliver high levels of after tax income. Its secondary objective is to deliver moderate levels of capital growth other time. MPIF aims to outperform the ASX/S&P 200 Property Accumulation Index over the medium term.

Fund Strategy

Provides investors with an investment in Property Securities and will borrow money to gear or leverage its investments. Initially, MPIF will invest 100% of its funds into Macquarie Property Securities Fund.

Fund Performance Comparison

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Peers

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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.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	3.26%	0.69%	2.89%	-0.03%	3.66%	-42.39%	-30.33%	-%
Growth return	3.26%	0.69%	2.89%	-2.74%	0.26%	-44.08%	-37.04%	-%
Income return	0%	0%	0%	2.71%	3.4%	1.69%	6.71%	-%
Market index (RBA Bank accepted Bills 90 Days )
Total return	0.35%	1.07%	2.15%	4.32%	3.76%	2.59%	1.7%	1.86%

As at 31 Jan 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Property Income

Cash: 2%

Property: 98%

Australian Equities: 0%

International Equities: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 47.09%

Property: 1.97%

Australian Equities: 5.39%

International Equities: 8.86%

Fixed Interest: 16.24%

Alternatives: 20.46%

General Information

Fund Details

Type	Description
Fund Name	Macquarie Property Income
Fund Status	Closed
Responsible Entity	Charter Hall Funds Management Limited
APIR Code	MAQ0300AU
Sector/Asset Class	Miscellaneous
Morningstar Rating	(as at 31 Jul 2006)
Legal Structure	Investment Fund
Fund Inception	19 May 2003
Fund Size	$7.55 million (as at 31 Jan 2011)
Entry Price	$0.1229 (as at 23 Feb 2011)
Exit Price	$0.1215 (as at 23 Feb 2011)
Fund Status	Finalised

Offer information

Type	Description
MER	0.95% (as at 30 Jul 2007)
Indirect Cost Ratio (ICR)	1.09% (as at 30 Jun 2009)
Minimum initial investment	$10,000.00

FAQs about the Macquarie Property Income

What is the objective of the Macquarie Property Income managed fund?

The objective of the Macquarie Property Income managed fund is MPIF's primary objective is to deliver high levels of after tax income. Its secondary objective is to deliver moderate levels of capital growth other time. MPIF aims to outperform the ASX/S&P 200 Property Accumulation Index over the medium term.

What is the strategy for the Macquarie Property Income managed fund?

The strategy of the Macquarie Property Income managed fund is Provides investors with an investment in Property Securities and will borrow money to gear or leverage its investments. Initially, MPIF will invest 100% of its funds into Macquarie Property Securities Fund.

What is the APIR code of the Macquarie Property Income managed fund?

The APIR code of the Macquarie Property Income managed fund is MAQ0300AU.

What was Macquarie Property Income’s total return last month?

Macquarie Property Income’s total return last month was 3.26%. This was made up of a growth return of 3.26% and an income return of 0%. These returns were calculated as at 31 Jan 2011.

What was Macquarie Property Income’s total return for the last three months?

Macquarie Property Income’s total return for the last three months was 0.69%. This was made up of a growth return of 0.69% and an income return of 0%%. These returns were calculated as at 31 Jan 2011.

What is Macquarie Property Income’s one-year total return?

Macquarie Property Income’s one-year total return is -0.03%. This was made up of a growth return of -2.74% and an income return of 2.71%. These returns were calculated as at 31 Jan 2011.

What is Macquarie Property Income’s three-year total return?

Macquarie Property Income’s one-year total return is -42.39%. This was made up of a growth return of -44.08% and an income return of 1.69%. These returns were calculated as at 31 Jan 2011.

What is the asset allocation of the Macquarie Property Income managed fund?

The asset allocation of the Macquarie Property Income managed fund is :

Cash: 2%

Property: 98%

Australian Equities: 0%

International Equities: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Macquarie Property Income managed fund?

The Responsible Entity for the Macquarie Property Income managed fund is Charter Hall Funds Management Limited.

What sector/asset class does the Macquarie Property Income managed fund belong to?

The Macquarie Property Income managed fund belongs to the Miscellaneous sector/asset class.

What is the size of the Macquarie Property Income managed fund?

As at 31 Jan 2011, the size of the Macquarie Property Income managed fund was $7.55 million.

What is the inception date of the Macquarie Property Income managed fund?

The Macquarie Property Income managed fund has an inception date of 19 May 2003.

What is the current entry price of the Macquarie Property Income managed fund?

The current entry price of the Macquarie Property Income managed fund is $0.1229 per unit and the current exit price is $0.1215 per unit (as at 23 Feb 2011).

What is the current exit price of the Macquarie Property Income managed fund?

The current exit price of the Macquarie Property Income managed fund is $0.1215 per unit and the current entry price is $0.1229 per unit (as at 23 Feb 2011).

What is the minimum investment amount for the Macquarie Property Income managed fund?

The minimum initial investment amount for the Macquarie Property Income managed fund is $10,000.

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.

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