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  5. OptiMix Trusts - Geared Australian Shares Index Trust NEF - Managed fund profile

OptiMix Trusts - Geared Australian Shares Index Trust NEF - Managed Fund

Fund Objective
The fund aims to achieve returns that magnify the S&P/ASX 300 Accumulation Index returns.
Fund Strategy
The trust invests capital and borrowings in a diversified portfolio of Australian shares. The share portfolio comprises approximately 300 of the largest companies (shares) listed on the Australian Securities Exchange (ASX). The fund will hold most of the securities in S&P/ASX 300 Index (Index), allowing for individual security weightings to vary marginally from the Index from time to time. The fund may invest in securities that have been removed from or are expected to be included in the Index.

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 -3.25% 1.8% 11.53% 41.07% 16.46% 3.6% 6.29% 7.05%
Growth return -3.25% 1.8% 11.26% -% 15.44% 2.99% 5.2% 5.11%
Income return 0% 0% 0.27% -% 1.02% 0.61% 1.09% 1.94%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OptiMix Trusts - Geared Australian Shares Index Trust NEF
Australian Equities
99.27%
Cash
0.73%

General Information

Fund Details
Type Description
OptiMix Trusts - Geared Australian Shares Index Trust NEF
OnePath Custodians Pty Limited
MMF0988AU
starstarstar (as at 31 Oct 2024)
Unknown
20 Jul 2006
$0 million (as at 31 Oct 2024)
$0.8928 (as at 22 Nov 2024)
$0.89173 (as at 22 Nov 2024)
Open
Offer information
Type Description
MER 2.64% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated 2.64% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $1,000.00
Minimum additional investments
Minimum redemption amount

FAQs about the OptiMix Trusts - Geared Australian Shares Index Trust NEF

The objective of the OptiMix Trusts - Geared Australian Shares Index Trust NEF managed fund is The fund aims to achieve returns that magnify the S&P/ASX 300 Accumulation Index returns.

The strategy of the OptiMix Trusts - Geared Australian Shares Index Trust NEF managed fund is The trust invests capital and borrowings in a diversified portfolio of Australian shares. The share portfolio comprises approximately 300 of the largest companies (shares) listed on the Australian Securities Exchange (ASX). The fund will hold most of the securities in S&P/ASX 300 Index (Index), allowing for individual security weightings to vary marginally from the Index from time to time. The fund may invest in securities that have been removed from or are expected to be included in the Index.

The APIR code of the OptiMix Trusts - Geared Australian Shares Index Trust NEF managed fund is MMF0988AU.

OptiMix Trusts - Geared Australian Shares Index Trust NEF’s total return last month was -3.25%. This was made up of a growth return of -3.25% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

OptiMix Trusts - Geared Australian Shares Index Trust NEF’s total return for the last three months was 1.8%. This was made up of a growth return of 1.8% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

OptiMix Trusts - Geared Australian Shares Index Trust NEF’s one-year total return is 41.07%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

OptiMix Trusts - Geared Australian Shares Index Trust NEF’s one-year total return is 3.6%. This was made up of a growth return of 2.99% and an income return of 0.61%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the OptiMix Trusts - Geared Australian Shares Index Trust NEF managed fund is :

Australian Equities
99.27%
Cash
0.73%

The Responsible Entity for the OptiMix Trusts - Geared Australian Shares Index Trust NEF managed fund is OnePath Custodians Pty Limited.

As at 31 Oct 2024, the size of the OptiMix Trusts - Geared Australian Shares Index Trust NEF managed fund was $0 million.

The OptiMix Trusts - Geared Australian Shares Index Trust NEF managed fund has an inception date of 20 Jul 2006.

The current entry price of the OptiMix Trusts - Geared Australian Shares Index Trust NEF managed fund is $0.8928 per unit and the current exit price is $0.89173 per unit (as at 22 Nov 2024).

The current exit price of the OptiMix Trusts - Geared Australian Shares Index Trust NEF managed fund is $0.89173 per unit and the current entry price is $0.8928 per unit (as at 22 Nov 2024).

The minimum initial investment amount for the OptiMix Trusts - Geared Australian Shares Index Trust NEF managed fund is $1,000. Minimum additional investment is $0.

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.