InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. SMI ME Secure - Managed fund profile

SMI ME Secure - Managed Fund (Closed)

Fund Objective
The fund is to achieve returns that exceed the inflation rate (change in the CPI) by 1.5% per annum (after tax), on a rolling five year basis. This objective is expected to be achieved around 70% of the time. It aims to provide security (but not a guarantee) of capital invested, as well as limiting the likelihood of applying negative annual returns to one in 50 years (i.e. approx. 0.4 times in 20 years).

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.25% 0.28% 1.82% 6.29% 5.16% 5.88% 5.15% 6.19%
Growth return 0.25% 0.28% 0.99% 0.92% -2.53% -1.4% -2.08% -0.79%
Income return 0% 0% 0.83% 5.37% 7.69% 7.28% 7.23% 6.98%
Market index (Morningstar AUS Con Tgt Alloc NR AUD)
Total return -1.11% 0.31% 2.99% 8.27% 4.32% 1.05% 0.92% 2.69%
As at 28 Feb 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

SMI ME Secure
Australian Equities
6.67%
International Equities
1.71%
Cash
48.16%
Property
6.42%
Fixed Interest
37.04%
Alternatives
0%
Average Allocation of Peers
Australian Equities
7.54%
International Equities
4.23%
Cash
23.30%
Property
1.18%
Fixed Interest
62.37%
Alternatives
1.37%

General Information

Fund Details
Type Description
SMI ME Secure
Closed
Super Members Investments Limited
SMI0006AU
Multisector Conservative
starstarstarstar (as at 28 Feb 2013)
Investment Fund
1 Jan 2002
$2.7 million (as at 31 Jan 2013)
n/a
$0.9681 (as at 27 Feb 2013)
Finalised
Offer information
Type Description
MER 1% (as at 30 Jun 2008)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2012)
Minimum initial investment $1,000.00

FAQs about the SMI ME Secure

The objective of the SMI ME Secure managed fund is The fund is to achieve returns that exceed the inflation rate (change in the CPI) by 1.5% per annum (after tax), on a rolling five year basis. This objective is expected to be achieved around 70% of the time. It aims to provide security (but not a guarantee) of capital invested, as well as limiting the likelihood of applying negative annual returns to one in 50 years (i.e. approx. 0.4 times in 20 years).

The strategy of the SMI ME Secure managed fund is

The APIR code of the SMI ME Secure managed fund is SMI0006AU.

SMI ME Secure’s total return last month was 0.25%. This was made up of a growth return of 0.25% and an income return of 0%. These returns were calculated as at 28 Feb 2013.

SMI ME Secure’s total return for the last three months was 0.28%. This was made up of a growth return of 0.28% and an income return of 0%%. These returns were calculated as at 28 Feb 2013.

SMI ME Secure’s one-year total return is 6.29%. This was made up of a growth return of 0.92% and an income return of 5.37%. These returns were calculated as at 28 Feb 2013.

SMI ME Secure’s one-year total return is 5.88%. This was made up of a growth return of -1.4% and an income return of 7.28%. These returns were calculated as at 28 Feb 2013.

The asset allocation of the SMI ME Secure managed fund is :

Australian Equities
6.67%
International Equities
1.71%
Cash
48.16%
Property
6.42%
Fixed Interest
37.04%
Alternatives
0%

The Responsible Entity for the SMI ME Secure managed fund is Super Members Investments Limited.

The SMI ME Secure managed fund belongs to the Multisector Conservative sector/asset class.

As at 31 Jan 2013, the size of the SMI ME Secure managed fund was $2.7 million.

The SMI ME Secure managed fund has an inception date of 1 Jan 2002.

The current entry price of the SMI ME Secure managed fund is $ per unit and the current exit price is $0.9681 per unit (as at 27 Feb 2013).

The current exit price of the SMI ME Secure managed fund is $0.9681 per unit and the current entry price is $ per unit (as at 27 Feb 2013).

The minimum initial investment amount for the SMI ME Secure managed fund is $1,000.

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.