Funds
Diversified Growth Fund
Investment Objective
To achieve a return (before fees and tax) that exceeds CPI increases by at least 4% per annum over rolling five year periods and to limit the incidence of a negative annual return to one in any five-year period;
To achieve a return (over the medium to longer term) which is competitive with comparable funds that have a similar allocation to growth assets and similar risk characteristics.
Investment Strategy
The Fund invests in a mix of investments using a multi-manager investment approach.
Fund Features
| Inception date | 10 April 2002 |
|---|---|
| APIR code | UFM0047AU |
| APIR code | UFM0056AU |
| Distribution frequency | Quarterly |
| Investment minimum | $5,000 |
| Minimum withdrawal | No minimum |
| Volatility / risk | Moderate to high |
| Estimated management cost | 2.96% (Entry fee option) 3.34% (Nil entry fee option) |
| Regular Investment Plan | Minimum intial investment: $1,000 Frequency : Monthly Minimum regular investment: $100 per month |
| Buy / sell spread | 0.50% |
Performance
UNITED INVESTMENT FUNDS | As at | 3 mths % p.a. | 1 yr % p.a. | 2 yrs % p.a. | 3 yrs % p.a. | 4 yrs % p.a. | 5 yrs % p.a. | S.I. % p.a. | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Diversified Funds | |||||||||||
| United Diversified Growth Fund (Entry Fee) | 28/11/08 | -19.0 | -31.0 | -13.9 | -5.4 | -0.7 | 2.5 | 1.5 | |||
| United Diversified Growth Fund (Nil Entry Fee) | 28/11/08 | -19.2 | -31.4 | -14.3 | -5.8 | -1.1 | 2.1 | 1.1 | |||
