InvestSMART

Optimum Corporate Super - AXA Wholesale Australian Monthly Income - Managed Fund (Closed)

Fund Objective
The objective is to provide a competitive interest income return on a monthly basis while at the same time providing a stable unit price.
Fund Strategy
The objective is to provide a competitive interest income return on a monthly basis while at the same time providing a stable unit price.

Fund Performance Comparison

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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

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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 0.01% 0.07% 0.71% 1.98% 3.92% 3.87% 3.77% 4.3%
Growth return 0.01% 0.07% 0.71% 1.98% 3.92% 3.87% 3.77% 4.3%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.12% 2.23% 4.45% 4.05% 2.94% 1.87% 1.92%
As at 31 Oct 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Optimum Corporate Super - AXA Wholesale Australian Monthly Income
Cash
43.55%
Fixed Interest
56.45%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
26.17%
Fixed Interest
73.37%
Australian Equities
0.39%
International Equities
0.05%
Alternatives
0.03%

General Information

Fund Details
Type Description
Optimum Corporate Super - AXA Wholesale Australian Monthly Income
Closed
Suncorp Portfolio Services Limited
RSA0008AU
Mortgages
starstarstarstarstar (as at 28 Feb 2011)
Superannuation Fund
1 Dec 2004
$0 million (as at 31 Oct 2016)
$1.8481 (as at 11 Nov 2016)
$1.8481 (as at 11 Nov 2016)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 0.71% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 0.72% (as at 30 Jun 2013)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2012)

Holding (as at 31 Jul 2012) Type % of Portfolio
Australian Mortgages - Direct Bond - Gov't Agency Pass-Thru 94.42%
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FAQs about the Optimum Corporate Super - AXA Wholesale Australian Monthly Income

The objective of the Optimum Corporate Super - AXA Wholesale Australian Monthly Income managed fund is The objective is to provide a competitive interest income return on a monthly basis while at the same time providing a stable unit price.

The strategy of the Optimum Corporate Super - AXA Wholesale Australian Monthly Income managed fund is The objective is to provide a competitive interest income return on a monthly basis while at the same time providing a stable unit price.

The APIR code of the Optimum Corporate Super - AXA Wholesale Australian Monthly Income managed fund is RSA0008AU.

Optimum Corporate Super - AXA Wholesale Australian Monthly Income’s total return last month was 0.01%. This was made up of a growth return of 0.01% and an income return of 0%. These returns were calculated as at 31 Oct 2016.

Optimum Corporate Super - AXA Wholesale Australian Monthly Income’s total return for the last three months was 0.07%. This was made up of a growth return of 0.07% and an income return of 0%%. These returns were calculated as at 31 Oct 2016.

Optimum Corporate Super - AXA Wholesale Australian Monthly Income’s one-year total return is 1.98%. This was made up of a growth return of 1.98% and an income return of 0%. These returns were calculated as at 31 Oct 2016.

Optimum Corporate Super - AXA Wholesale Australian Monthly Income’s one-year total return is 3.87%. This was made up of a growth return of 3.87% and an income return of 0%. These returns were calculated as at 31 Oct 2016.

The asset allocation of the Optimum Corporate Super - AXA Wholesale Australian Monthly Income managed fund is :

Cash
43.55%
Fixed Interest
56.45%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Optimum Corporate Super - AXA Wholesale Australian Monthly Income managed fund is Suncorp Portfolio Services Limited.

The Optimum Corporate Super - AXA Wholesale Australian Monthly Income managed fund belongs to the Mortgages sector/asset class.

As at 31 Oct 2016, the size of the Optimum Corporate Super - AXA Wholesale Australian Monthly Income managed fund was $0 million.

The Optimum Corporate Super - AXA Wholesale Australian Monthly Income managed fund has an inception date of 1 Dec 2004.

The current entry price of the Optimum Corporate Super - AXA Wholesale Australian Monthly Income managed fund is $1.8481 per unit and the current exit price is $1.8481 per unit (as at 11 Nov 2016).

The current exit price of the Optimum Corporate Super - AXA Wholesale Australian Monthly Income managed fund is $1.8481 per unit and the current entry price is $1.8481 per unit (as at 11 Nov 2016).

The minimum initial investment amount for the Optimum Corporate Super - AXA Wholesale Australian Monthly Income managed fund is $0. 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.