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  5. Smartsave Australian Shares Geared - Managed fund profile

Smartsave Australian Shares Geared - Managed Fund (Closed)

Fund Objective
To maximise investors' expected returns from investing in a portfolio of Australian shares through borrowing to increase the overall market exposure. The Fund aims to outperform the performance benchmark over rolling five year periods, consistent with the relative quarterly return volatility risk.
Fund Strategy
An enhanced index approach, with investments primarily made directly in a diversified selection of Australian listed securities that make up the S&P/ASX 200 Index. Although the strategy includes an allocation of only 20% to pure index funds, the directly-held component will explicitly take account of the individual security index weightings and typically only invest in the larger companies included in the ASX50 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 11.95% 18.89% -1.45% 11.11% 11.61% 16.65% 8.33% -%
Growth return 11.95% 18.89% -1.45% 11.11% 11.61% 16.65% 8.33% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 28 Feb 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Australian Equities
93.72%
International Equities
4.82%
Cash
-0.78%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
Smartsave Australian Shares Geared
Closed
Tidswell Financial Services Ltd
Equity Australia Large Geared
starstarstar (as at 28 Feb 2019)
Superannuation Fund
1 Jul 2013
n/a
$1.75548 (as at 28 Mar 2019)
$1.74847 (as at 28 Mar 2019)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.86% (as at 30 Jun 2016)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the Smartsave Australian Shares Geared

The objective of the Smartsave Australian Shares Geared managed fund is To maximise investors' expected returns from investing in a portfolio of Australian shares through borrowing to increase the overall market exposure. The Fund aims to outperform the performance benchmark over rolling five year periods, consistent with the relative quarterly return volatility risk.

The strategy of the Smartsave Australian Shares Geared managed fund is An enhanced index approach, with investments primarily made directly in a diversified selection of Australian listed securities that make up the S&P/ASX 200 Index. Although the strategy includes an allocation of only 20% to pure index funds, the directly-held component will explicitly take account of the individual security index weightings and typically only invest in the larger companies included in the ASX50 Index.

The APIR code of the Smartsave Australian Shares Geared managed fund is .

Smartsave Australian Shares Geared’s total return last month was 11.95%. This was made up of a growth return of 11.95% and an income return of 0%. These returns were calculated as at 28 Feb 2019.

Smartsave Australian Shares Geared’s total return for the last three months was 18.89%. This was made up of a growth return of 18.89% and an income return of 0%%. These returns were calculated as at 28 Feb 2019.

Smartsave Australian Shares Geared’s one-year total return is 11.11%. This was made up of a growth return of 11.11% and an income return of 0%. These returns were calculated as at 28 Feb 2019.

Smartsave Australian Shares Geared’s one-year total return is 16.65%. This was made up of a growth return of 16.65% and an income return of 0%. These returns were calculated as at 28 Feb 2019.

The asset allocation of the Smartsave Australian Shares Geared managed fund is :

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

The Responsible Entity for the Smartsave Australian Shares Geared managed fund is Tidswell Financial Services Ltd.

The Smartsave Australian Shares Geared managed fund belongs to the Equity Australia Large Geared sector/asset class.

As at , the size of the Smartsave Australian Shares Geared managed fund was $ million.

The Smartsave Australian Shares Geared managed fund has an inception date of 1 Jul 2013.

The current entry price of the Smartsave Australian Shares Geared managed fund is $1.75548 per unit and the current exit price is $1.74847 per unit (as at 28 Mar 2019).

The current exit price of the Smartsave Australian Shares Geared managed fund is $1.74847 per unit and the current entry price is $1.75548 per unit (as at 28 Mar 2019).

The minimum initial investment amount for the Smartsave Australian Shares Geared 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.