InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Macquarie True Index Emerging Markets - Managed fund profile

Macquarie True Index Emerging Markets - Managed Fund

Fund Objective
The Fund provides exposure to the performance of the MSCI Emerging Markets Net Dividends in AUD Index (Index), and is designed to generate a pre-tax performance equal to the Index performance
Fund Strategy
"True Indexing is designed to result in pre-tax performance for investors that equal the Index performance. The Fund achieves this by: investing in shares, derivatives and cash, either directly or through underlying funds that are managed by members of the Macquarie Group (Underlying Investments) with the aim of providing exposure that closely resembles the exposure of the Index, and entering into a swap agreement. If the Underlying Investments outperform the Index, the Swap Counterparty receives this outperformance, and vice versa"

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 -3.11% 2.36% 5.81% 13.37% 9.19% 1.2% 3.79% 5.91%
Growth return -3.11% 1.32% 3.78% 10.79% 6.31% -1.44% 1.18% 3.57%
Income return 0% 1.04% 2.03% 2.58% 2.88% 2.64% 2.61% 2.34%
Market index (MSCI EM NR AUD)
Total return -3.07% 2.35% 6.28% 13.85% 9.47% 1.56% 3.98% 5.99%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie True Index Emerging Markets
International Equities
97.75%
Cash
2.25%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.14%
Cash
3.53%
Australian Equities
0.01%
Property
0.16%
Fixed Interest
0.04%
Alternatives
1.12%

General Information

Fund Details
Type Description
Macquarie True Index Emerging Markets
Macquarie Investment Management Aus Ltd.
MAQ0837AU
Equity Emerging Markets
starstarstar (as at 30 Nov 2024)
Investment Fund
17 Aug 2014
$827.11 million (as at 30 Nov 2024)
$1.5431 (as at 23 Dec 2024)
$1.5164 (as at 23 Dec 2024)
Open
Offer information
Type Description
MER 0% (as at 11 Dec 2024)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
Taiwan Semiconductor Manufacturing Co Ltd Equity 9.93%
Login now to view the complete list of holdings.

FAQs about the Macquarie True Index Emerging Markets

The objective of the Macquarie True Index Emerging Markets managed fund is The Fund provides exposure to the performance of the MSCI Emerging Markets Net Dividends in AUD Index (Index), and is designed to generate a pre-tax performance equal to the Index performance

The strategy of the Macquarie True Index Emerging Markets managed fund is "True Indexing is designed to result in pre-tax performance for investors that equal the Index performance. The Fund achieves this by: investing in shares, derivatives and cash, either directly or through underlying funds that are managed by members of the Macquarie Group (Underlying Investments) with the aim of providing exposure that closely resembles the exposure of the Index, and entering into a swap agreement. If the Underlying Investments outperform the Index, the Swap Counterparty receives this outperformance, and vice versa"

The APIR code of the Macquarie True Index Emerging Markets managed fund is MAQ0837AU.

Macquarie True Index Emerging Markets’s total return last month was -3.11%. This was made up of a growth return of -3.11% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Macquarie True Index Emerging Markets’s total return for the last three months was 2.36%. This was made up of a growth return of 1.32% and an income return of 1.04%%. These returns were calculated as at 30 Nov 2024.

Macquarie True Index Emerging Markets’s one-year total return is 13.37%. This was made up of a growth return of 10.79% and an income return of 2.58%. These returns were calculated as at 30 Nov 2024.

Macquarie True Index Emerging Markets’s one-year total return is 1.2%. This was made up of a growth return of -1.44% and an income return of 2.64%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Macquarie True Index Emerging Markets managed fund is :

International Equities
97.75%
Cash
2.25%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Macquarie True Index Emerging Markets managed fund is Macquarie Investment Management Aus Ltd..

The Macquarie True Index Emerging Markets managed fund belongs to the Equity Emerging Markets sector/asset class.

As at 30 Nov 2024, the size of the Macquarie True Index Emerging Markets managed fund was $827.11 million.

The Macquarie True Index Emerging Markets managed fund has an inception date of 17 Aug 2014.

The current entry price of the Macquarie True Index Emerging Markets managed fund is $1.5431 per unit and the current exit price is $1.5164 per unit (as at 23 Dec 2024).

The current exit price of the Macquarie True Index Emerging Markets managed fund is $1.5164 per unit and the current entry price is $1.5431 per unit (as at 23 Dec 2024).

The minimum initial investment amount for the Macquarie True Index Emerging Markets 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.