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  5. Morningstar International Shares High Opportunities Unhedged - Managed fund profile

Morningstar International Shares High Opportunities Unhedged - Managed Fund (Closed)

Fund Objective
The fund aims to maximise outperformance relative to the benchmark over rolling 7 year periods by investing predominantly in listed international shares.
Fund Strategy
An actively managed Fund predominantly invested in international shares using high conviction managers. To implement this strategy, Morningstar seeks to appoint superior and complementary active investment managers to manage the assets of the Fund.

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 -0.11% -5.98% 1.21% 4.45% 11.51% 7.76% 10.75% 10.48%
Growth return -0.11% -6.11% 0.33% 3.35% 10.59% 6.93% 9.84% 9.52%
Income return 0% 0.13% 0.88% 1.1% 0.92% 0.83% 0.91% 0.96%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 30 Nov 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Morningstar International Shares High Opportunities Unhedged
International Equities
100%
Australian Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.18%
Australian Equities
2.64%
Cash
2.48%
Property
1.50%
Fixed Interest
0.11%
Alternatives
0.09%

General Information

Fund Details
Type Description
Morningstar International Shares High Opportunities Unhedged (Wholesale)
Closed
Morningstar Investment Management Austra
INT0069AU
Equity World Large Blend
starstarstarstar (as at 30 Nov 2018)
Investment Fund
23 Sep 2004
$234.46 million (as at 31 Dec 2018)
$1.86144 (as at 14 Dec 2018)
$1.85791 (as at 14 Dec 2018)
Finalised
Offer information
Type Description
MER 1.20% (as at 1 Jul 2006)
Indirect Cost Ratio (ICR) 1.14% (as at 30 Jun 2018)
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 30 Sep 2018)

Holding (as at 30 Sep 2018) Type % of Portfolio
Amazon.com Inc Equity 2.06%
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FAQs about the Morningstar International Shares High Opportunities Unhedged

The objective of the Morningstar International Shares High Opportunities Unhedged managed fund is The fund aims to maximise outperformance relative to the benchmark over rolling 7 year periods by investing predominantly in listed international shares.

The strategy of the Morningstar International Shares High Opportunities Unhedged managed fund is An actively managed Fund predominantly invested in international shares using high conviction managers. To implement this strategy, Morningstar seeks to appoint superior and complementary active investment managers to manage the assets of the Fund.

The APIR code of the Morningstar International Shares High Opportunities Unhedged managed fund is INT0069AU.

Morningstar International Shares High Opportunities Unhedged’s total return last month was -0.11%. This was made up of a growth return of -0.11% and an income return of 0%. These returns were calculated as at 30 Nov 2018.

Morningstar International Shares High Opportunities Unhedged’s total return for the last three months was -5.98%. This was made up of a growth return of -6.11% and an income return of 0.13%%. These returns were calculated as at 30 Nov 2018.

Morningstar International Shares High Opportunities Unhedged’s one-year total return is 4.45%. This was made up of a growth return of 3.35% and an income return of 1.1%. These returns were calculated as at 30 Nov 2018.

Morningstar International Shares High Opportunities Unhedged’s one-year total return is 7.76%. This was made up of a growth return of 6.93% and an income return of 0.83%. These returns were calculated as at 30 Nov 2018.

The asset allocation of the Morningstar International Shares High Opportunities Unhedged managed fund is :

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

The Responsible Entity for the Morningstar International Shares High Opportunities Unhedged managed fund is Morningstar Investment Management Austra.

The Morningstar International Shares High Opportunities Unhedged managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Dec 2018, the size of the Morningstar International Shares High Opportunities Unhedged managed fund was $234.46 million.

The Morningstar International Shares High Opportunities Unhedged managed fund has an inception date of 23 Sep 2004.

The current entry price of the Morningstar International Shares High Opportunities Unhedged managed fund is $1.86144 per unit and the current exit price is $1.85791 per unit (as at 14 Dec 2018).

The current exit price of the Morningstar International Shares High Opportunities Unhedged managed fund is $1.85791 per unit and the current entry price is $1.86144 per unit (as at 14 Dec 2018).

The minimum initial investment amount for the Morningstar International Shares High Opportunities Unhedged managed fund is $20,000. Minimum additional investment is $5000.

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.