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  5. Suncorp Income - Managed fund profile

Suncorp Income - Managed Fund (Closed)

Fund Objective
The objective of this Fund is to provide a relatively stable, monthly income stream. The Fund aims to outperform the Performance Index (before ongoing fees) over rolling two-year periods.
Fund Strategy
N/A

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 0.1% -0.81% 0.94% 3.22% 3.01% 3.42% 4.09% -%
Growth return 0.1% -1.26% -0.87% -0.93% -1.27% -0.97% -0.57% -%
Income return 0% 0.45% 1.81% 4.15% 4.28% 4.39% 4.66% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -1.88% -0.39% 2.26% 7.08% 2.86% -0.62% -0.68% 2.11%
As at 30 Apr 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Suncorp Income
Cash
9.95%
Property
32.89%
Fixed Interest
57.16%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.50%
Property
0.06%
Fixed Interest
92.22%
Australian Equities
1.30%
International Equities
0.54%
Alternatives
0.36%

General Information

Fund Details
Type Description
Suncorp Income
Closed
Nikko Asset Management Australia Limited
SUN0106AU
Bonds - Australia
starstar (as at 30 Apr 2009)
Investment Fund
7 Apr 2000
$0.05 million (as at 30 Sep 2010)
$1.0536 (as at 15 Dec 2010)
$1.0536 (as at 15 Dec 2010)
Finalised
Offer information
Type Description
Standard entry fee 1%
MER 1.25% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.25% (as at 30 Jun 2009)
Minimum initial investment $2,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

FAQs about the Suncorp Income

The objective of the Suncorp Income managed fund is The objective of this Fund is to provide a relatively stable, monthly income stream. The Fund aims to outperform the Performance Index (before ongoing fees) over rolling two-year periods.

The strategy of the Suncorp Income managed fund is N/A

The APIR code of the Suncorp Income managed fund is SUN0106AU.

Suncorp Income’s total return last month was 0.1%. This was made up of a growth return of 0.1% and an income return of 0%. These returns were calculated as at 30 Apr 2009.

Suncorp Income’s total return for the last three months was -0.81%. This was made up of a growth return of -1.26% and an income return of 0.45%%. These returns were calculated as at 30 Apr 2009.

Suncorp Income’s one-year total return is 3.22%. This was made up of a growth return of -0.93% and an income return of 4.15%. These returns were calculated as at 30 Apr 2009.

Suncorp Income’s one-year total return is 3.42%. This was made up of a growth return of -0.97% and an income return of 4.39%. These returns were calculated as at 30 Apr 2009.

The asset allocation of the Suncorp Income managed fund is :

Cash
9.95%
Property
32.89%
Fixed Interest
57.16%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Suncorp Income managed fund is Nikko Asset Management Australia Limited.

The Suncorp Income managed fund belongs to the Bonds - Australia sector/asset class.

As at 30 Sep 2010, the size of the Suncorp Income managed fund was $0.05 million.

The Suncorp Income managed fund has an inception date of 7 Apr 2000.

The current entry price of the Suncorp Income managed fund is $1.0536 per unit and the current exit price is $1.0536 per unit (as at 15 Dec 2010).

The current exit price of the Suncorp Income managed fund is $1.0536 per unit and the current entry price is $1.0536 per unit (as at 15 Dec 2010).

The minimum initial investment amount for the Suncorp Income managed fund is $2,000. Minimum additional investment is $1000.

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.