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  5. Morningstar International Shares Hedged B - Managed fund profile

Morningstar International Shares Hedged B - Managed Fund

Fund Objective
Aims to deliver a similar or superior risk-return profile to the performance benchmark over rolling 7 year periods by investing predominantly in listed international shares, supplemented by a passive currency overlay.
Fund Strategy
The Fund invests in listed international shares with the aim of producing superior long-term total returns relative to the benchmark. To achieve this aim, Morningstar constructs a well-diversified portfolio of companies that exhibit desirable fundamental quality and/or value characteristics, supplemented by a passive currency overlay.

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 1.96% 7.03% 5.65% 21.86% 19.35% 7.89% 10.7% 9.92%
Growth return 1.96% 7.03% 1.14% 16.66% 13.18% 3.41% 3.62% 4.84%
Income return 0% 0% 4.51% 5.2% 6.17% 4.48% 7.08% 5.08%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 30 Sep 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Morningstar International Shares Hedged B
International Equities
100%
Australian Equities
0%
Cash
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
International Equities
97.25%
Australian Equities
0.07%
Cash
2.28%
Property
0.39%
Alternatives
0.01%

General Information

Fund Details
Type Description
Morningstar International Shares Hedged B (Wholesale)
Morningstar Investment Management Austra
INT0051AU
Equity World - Currency Hedged
starstarstarstarstar (as at 30 Sep 2024)
Investment Fund
7 Jul 2000
$48.31 million (as at 30 Sep 2024)
$0.55583 (as at 31 Oct 2024)
$0.5552 (as at 31 Oct 2024)
Open
Offer information
Type Description
MER 0.39% (as at 30 Sep 2023)
Indirect Cost Ratio (ICR) 0.39% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $100,000

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Morningstar International Shares Unhdg A Mutual Fund - Open End 97.32%
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FAQs about the Morningstar International Shares Hedged B

The objective of the Morningstar International Shares Hedged B managed fund is Aims to deliver a similar or superior risk-return profile to the performance benchmark over rolling 7 year periods by investing predominantly in listed international shares, supplemented by a passive currency overlay.

The strategy of the Morningstar International Shares Hedged B managed fund is The Fund invests in listed international shares with the aim of producing superior long-term total returns relative to the benchmark. To achieve this aim, Morningstar constructs a well-diversified portfolio of companies that exhibit desirable fundamental quality and/or value characteristics, supplemented by a passive currency overlay.

The APIR code of the Morningstar International Shares Hedged B managed fund is INT0051AU.

Morningstar International Shares Hedged B’s total return last month was 1.96%. This was made up of a growth return of 1.96% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

Morningstar International Shares Hedged B’s total return for the last three months was 7.03%. This was made up of a growth return of 7.03% and an income return of 0%%. These returns were calculated as at 30 Sep 2024.

Morningstar International Shares Hedged B’s one-year total return is 21.86%. This was made up of a growth return of 16.66% and an income return of 5.2%. These returns were calculated as at 30 Sep 2024.

Morningstar International Shares Hedged B’s one-year total return is 7.89%. This was made up of a growth return of 3.41% and an income return of 4.48%. These returns were calculated as at 30 Sep 2024.

The asset allocation of the Morningstar International Shares Hedged B managed fund is :

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

The Responsible Entity for the Morningstar International Shares Hedged B managed fund is Morningstar Investment Management Austra.

The Morningstar International Shares Hedged B managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 30 Sep 2024, the size of the Morningstar International Shares Hedged B managed fund was $48.31 million.

The Morningstar International Shares Hedged B managed fund has an inception date of 7 Jul 2000.

The current entry price of the Morningstar International Shares Hedged B managed fund is $0.55583 per unit and the current exit price is $0.5552 per unit (as at 31 Oct 2024).

The current exit price of the Morningstar International Shares Hedged B managed fund is $0.5552 per unit and the current entry price is $0.55583 per unit (as at 31 Oct 2024).

The minimum initial investment amount for the Morningstar International Shares Hedged B managed fund is $500,000. Minimum additional investment is $100000.

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.