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  5. Synergy (AP) AXA Wholesale Australia Income NTP - Managed fund profile

Synergy (AP) AXA Wholesale Australia Income NTP - Managed Fund (Closed)

Fund Objective
To provide a competitive interest income return on a monthly basis and to outperform the UBS Warburg Australian Bank Bill Index, after costs.
Fund Strategy
Invests predominantly (and at times fully) in the Australian Monthly Income Fund which holds a diversified portfolio of Australian loans being first ranking mortgages (which may include development loans and illiquid mortgage backed securities), fixed interest securities (including, but not limited to, bonds, liquid mortgage backed securities and listed income securities) and cash.

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 0.4% 1.71% 3.7% 7.28% 6.77% 6.26% 5.94% -%
Growth return 0.4% 1.71% 3.7% 7.28% 6.77% 6.26% 5.94% -%
Income return 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 30 Nov 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Synergy (AP) AXA Wholesale Australia Income NTP
Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
26.01%
Australian Equities
0.39%
International Equities
0.05%
Fixed Interest
73.53%
Alternatives
0.03%

General Information

Fund Details
Type Description
Synergy (AP) AXA Wholesale Australia Income NTP
Closed
Synergy Capital Management Limited
Mortgages
starstarstarstar (as at 30 Nov 2008)
Allocated Pension
19 Aug 2003
$0.42 million (as at 30 Sep 2008)
$1.3491 (as at 28 Nov 2008)
$1.3491 (as at 28 Nov 2008)
Finalised
Offer information
Type Description
Standard entry fee 5.13%
Minimum initial investment

Top 10 holdings (as at 31 Jul 2012)

Holding (as at 31 Jul 2012) Type % of Portfolio
Australian Mortgages - Direct Mutual Fund - Open End 98.03%
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FAQs about the Synergy (AP) AXA Wholesale Australia Income NTP

The objective of the Synergy (AP) AXA Wholesale Australia Income NTP managed fund is To provide a competitive interest income return on a monthly basis and to outperform the UBS Warburg Australian Bank Bill Index, after costs.

The strategy of the Synergy (AP) AXA Wholesale Australia Income NTP managed fund is Invests predominantly (and at times fully) in the Australian Monthly Income Fund which holds a diversified portfolio of Australian loans being first ranking mortgages (which may include development loans and illiquid mortgage backed securities), fixed interest securities (including, but not limited to, bonds, liquid mortgage backed securities and listed income securities) and cash.

The APIR code of the Synergy (AP) AXA Wholesale Australia Income NTP managed fund is .

Synergy (AP) AXA Wholesale Australia Income NTP’s total return last month was 0.4%. This was made up of a growth return of 0.4% and an income return of 0%. These returns were calculated as at 30 Nov 2008.

Synergy (AP) AXA Wholesale Australia Income NTP’s total return for the last three months was 1.71%. This was made up of a growth return of 1.71% and an income return of 0%%. These returns were calculated as at 30 Nov 2008.

Synergy (AP) AXA Wholesale Australia Income NTP’s one-year total return is 7.28%. This was made up of a growth return of 7.28% and an income return of 0%. These returns were calculated as at 30 Nov 2008.

Synergy (AP) AXA Wholesale Australia Income NTP’s one-year total return is 6.26%. This was made up of a growth return of 6.26% and an income return of 0%. These returns were calculated as at 30 Nov 2008.

The asset allocation of the Synergy (AP) AXA Wholesale Australia Income NTP managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Synergy (AP) AXA Wholesale Australia Income NTP managed fund is Synergy Capital Management Limited.

The Synergy (AP) AXA Wholesale Australia Income NTP managed fund belongs to the Mortgages sector/asset class.

As at 30 Sep 2008, the size of the Synergy (AP) AXA Wholesale Australia Income NTP managed fund was $0.42 million.

The Synergy (AP) AXA Wholesale Australia Income NTP managed fund has an inception date of 19 Aug 2003.

The current entry price of the Synergy (AP) AXA Wholesale Australia Income NTP managed fund is $1.3491 per unit and the current exit price is $1.3491 per unit (as at 28 Nov 2008).

The current exit price of the Synergy (AP) AXA Wholesale Australia Income NTP managed fund is $1.3491 per unit and the current entry price is $1.3491 per unit (as at 28 Nov 2008).

The minimum initial investment amount for the Synergy (AP) AXA Wholesale Australia Income NTP managed fund 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.